Bitcoin

Recently, analysts from the private wealth management firm, Bernstein, reiterated their prediction regarding Bitcoin’s future potential. Gautam Chhugani and Mahika Sapra emphasized that there is a strong possibility for Bitcoin to reach $150,000 by the year 2025. This reaffirmation comes after their initial forecast back in November 2023 when they first made this bold prediction.
MicroStrategy, the American business intelligence and software development company, has recently announced its plans to acquire an additional Bitcoin by raising $500 million in convertible debt offerings. This move comes after the company sold approximately $800 million in convertible debt offerings just a few days ago, using the proceeds to purchase around 12,000 BTC. As
The CEO of Jan3 and Bitcoiner, Samson Mow, has made a bold prediction that Bitcoin could potentially reach $1 million in the near future. This ambitious price target has raised eyebrows among many investors and experts in the cryptocurrency space. But Mow is standing by his prediction, confident in his reasoning behind it. Mow explained
Recently, Matt Hougan, Chief Investment Officer (CIO) at Bitwise Asset Management, discussed the growing interest and adoption of spot Bitcoin Exchange-Traded Funds (ETFs) on CNBC’s ‘Halftime Report’. This conversation coincided with Bitcoin (BTC) surpassing all expectations by reaching a new peak of almost $72,500. The influx of around $20 billion into the market after the
Bitcoin, the world’s largest cryptocurrency asset, has reached a new milestone by surpassing its previous all-time high (ATH) of $69,000, achieved almost three years ago. This significant price increase has sparked excitement among cryptocurrency enthusiasts and experts who are eagerly predicting further upward movement for the digital asset in the coming months. One notable cryptocurrency
The recent surge in Bitcoin’s price, surpassing $71,000, can be attributed to a combination of factors. One significant factor is the announcement by the London Stock Exchange (LSE) to accept applications for the admission of Bitcoin and Ethereum Exchange-Traded Notes (ETNs) in the upcoming quarter. This move signifies a major step towards mainstream financial markets’
Bitcoin transaction fees have experienced an unprecedented surge, doubling in just one week, as the market rallies towards the coveted $70,000 mark. This surge cannot be solely attributed to the upward trajectory of Bitcoin’s price but is significantly influenced by the sudden rise in Ordinals transactions. Our in-depth analysis reveals that Ordinals, which started the
Bitcoin has recently made headlines by surpassing the $70,000 mark, sparking a wave of excitement among investors. This surge has been attributed to various factors, one of which is the introduction of spot bitcoin exchange-traded funds (ETFs) in the United States. The steady climb of Bitcoin throughout the week, coupled with a 12% rally, has