Bitcoin, according to Hougan and Rasmussen, will reach $200,000 or more by the year 2025. Solana's price is likely expected to soar to $750, a 250% rise from its current $215 as per the duo.
Massachusetts Mutual, a 173-year insurance giant, invested $100 million into the flagship cryptocurrency Bitcoin (BTC) back in 2020. In a press release, the move was noted as giving it a “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.
The most recent numbers revealed that inflation rose slightly to 2.7% in November. The price of Bitcoin is already witnessing a surge and touched the $100,000 mark.
Bitcoin ETFs are showing no signs of weakness as they enter the ninth consecutive day of positive inflows, even as the broader market experiences a downtrend.
The Alabama state auditor general, Andrew Sorrell, called on Alabama to lead other states in establishing strategic Bitcoin reserves. He noted that the price of Bitcoin had gained over 50% since the U.S. elections, and Trump's enthusiasm for crypto signalled strong federal support.
The service is designed to compete with larger third-party custodians such as Coinbase. New Self-Custody Solution for Nation-States Emerges Crypto self-custody firm Casa announced that it will now offer a self-custody solution called Praetorian to governments seeking to establish national bitcoin (BTC) reserves.
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Cryptocurrency analyst Benjamin Cowen provided an in-depth analysis of market trends, inflationary pressures and Bitcoin's (CRYPTO: BTC) rally following Wednesday's CPI report. What Happened: Bitcoin surged past $100,000, reflecting bullish sentiment as consumer price inflation data for November came in at 2.7%, close to the Federal Reserve's 2% target.
Goldman Sachs is eyeing the Bitcoin and Ethereum markets. CEO David Solomon said the Wall Street firm is ready to “evaluate” its entry, but only if regulators clear the path.
Think you've missed the Bitcoin boom? Think again. Despite its impressive past performance, Bitcoin continues to be a top-performing asset, even in recent months. With strategies like Dollar Cost Averaging (DCA), you don't need a fortune to start investing. Learn why Bitcoin outshines gold, the Dow Jones, and other traditional investments, proving it's never too late to join the Bitcoin revolution.
The cryptocurrency world has long been resilient in the face of challenges, but legendary trader Peter Brandt has brought attention to two formidable threats that could significantly impact Bitcoin's future. In a recent statement, Brandt identified central bank interference and the rise of quantum computing as potential existential risks for the world's largest cryptocurrency.
Is a broader BTC cool-off still on the cards despite recent pullbacks?
This year was good for crypto, but 2025 might turn out even better for the sector, according to Bitwise Asset Management.
Thomas Peterffy, the founder of Connecticut-headquartered brokerage firm Interactive Brokers, has stated that people should hold "some Bitcoin" during a recent interview with Bloomberg Television.
A crypto analyst has unveiled uncanny similarities between Bitcoin's Chicago Mercantile Exchange (CME) chart from late Q4 2024 and 2023. According to the analyst's report, the 2024 Bitcoin CME chart replicates the price action seen in 2023, experiencing similar technical patterns, wave structures, price movements, and specific key indicators.
Bitcoin's price has experienced an extraordinary surge in 2024, climbing nearly 140% from $42,000 to over $100,000. While many investors are celebrating these gains, Messari founder Ryan Selkis remains steadfast in his approach and isn't ready to cash out just yet.
The U.S. Securities and Exchange Commission has charged three Nigerian nationals with defrauding investors of $2.9 million in Bitcoin.
Bitcoin (BTC) is up 6.6% on the day and back above the psychological threshold of $100,000 after US Consumer Price Index (CPI) data came in as forecasted. The U.S. Bureau of Labor Statistics announced Wednesday that CPI had risen 0.3% in November, up 2.7% year-on-year, in line with forecasts.
Vancouver's exploration of Bitcoin as a reserve asset could set a precedent for municipal financial strategies, impacting global crypto adoption. The post Vancouver City Council to discuss proposal exploring Bitcoin as a reserve asset today appeared first on Crypto Briefing.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Andrew Sorrell, Alabama State Auditor General, joined a growing cast of figures calling for strategic Bitcoin reserves in the U.S.
Bitcoin (BTC) has regained ground, trading at $100,582.99 at press time after briefly pulling back to $94,000 earlier this week.
An overdue reset in the Bitcoin funding rate and the return of a strong spot bid are reasons behind BTC's rally above $100,000.
Bitcoin (BTC) briefly surpassed the $101,000 threshold after a 3% surge in the hours following November's Consumer Price Index (CPI) numbers, which came within the 2.7% expectations.
The cryptocurrency market has witnessed an extraordinary turnaround as Bitcoin ($BTC) surges back above $100,000, marking a significant recovery from previous sharp declines. This milestone reignites bullish sentiments across the market, and with Bitcoin currently trading within a bullish pennant, analysts are targeting $127,000 as the next price objective.
Could Bitcoin really hit $150K under Trump's watch?
At an upcoming annual meeting next year, Amazon shareholders will decide whether the tech giant should consider adding Bitcoin (BTC) to its corporate treasury. But Binance co-founder Changpeng Zhao says on the social media platform X that he has an even more simple solution. “Simple.
Bitcoin is a force of nature, oscillating between hope and skepticism. Currently, the flagship cryptocurrency stands at a crucial crossroads: $98,000.
Bitcoin and altcoins could correct before the next leg up.
CryptoQuant data has revealed new insights into the prevailing state of the Bitcoin market. The data points out that leverage in Bitcoin is easing, and the USDT balances held in exchanges are surging.
Donald Trump's bold Bitcoin vision includes a $150K price target and a U.S. strategic Bitcoin reserve. Learn how his plans could impact cryptocurrency markets. The post Trump Wants Bitcoin at $150,000 – Will His Return Spark the Next Big Rally? appeared first on Cryptonews.
Bitcoin, the leading cryptocurrency by market capitalization, managed to reclaim the $100,000 level earlier today.
TL;DR Bitcoin surpasses $100,000 again, driven by U.S. inflation data, with a 4.89% increase in the last 24 hours. The rise in Bitcoin's price has extended to other cryptocurrencies such as XRP, Dogecoin, and Solana, with a substantial rebound in their values.
A look at bitcoin backups, why they are important, and how to manage them.
An official in the US state of Alabama produced a litany of benefits a state Bitcoin reserve could bring.
Here's what suggests that BTC might experience another price upswing in the near future.
the influential billionaire investor Ray Dalio warned of a looming "debt crisis" which he expects will trigger a decline of U.S.
The union's adoption was facilitated by a “get off zero” donation and partnership with Proof of Workforce.
Billionaire investor Ray Dalio, founder of Bridgewater Associates, has expressed a clear preference for gold and Bitcoin over traditional debt instruments amid growing global indebtedness.
BTC investors anticipate a pivotal week as inflation and labor data loom large.
Wednesday morning's in line U.S. inflation data seemingly cleared the way for a Fed rate cut next week.
Ray Dalio says he prefers bitcoin and gold over bonds amid rising global debt levels, signaling growing institutional endorsement of bitcoin as a safe haven asset.
The US financial regulator is soliciting comments on NYSE's application to list Bitwise's cryptocurrency index ETF.
Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor and Microbt Announce Partnership Luxor Technology Corporation‘s deal includes a confirmed purchase of Microbt's Whatsminer application-specific integrated circuit (ASIC) bitcoin mining rigs worth $93.2 million and an option for an additional $38.2 million.
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With the New Year barely twenty days away, Tom Dunleavy, a popular crypto analyst, has predicted the possible outlook of Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) in the first year of Donald Trump's presidency. From his predictions, all three cryptocurrencies will bag more than 150% increase in the coming year.
Since the Fed's easing cycle began coupled with the outcome of the U.S. election, digital assets have experienced significant developments, prompting three predictions for the months ahead, says Andy Baehr.
Bitcoin has faced a volatile week, with sharp moves above and below the pivotal $100,000 mark, but the price still struggles to close and hold above this psychological level. The lack of a clear direction has divided investors, with some anticipating a breakout into uncharted territory while others brace for a potential correction.