VanEck, a prominent investment management firm, has unveiled its forecast suggesting that Bitcoin (BTC) could surge to an extraordinary $2.9 million per coin by the year 2050. This ambitious projection is rooted in Bitcoin's evolving role as a global digital currency and its potential to reshape the international financial landscape.
A prominent cryptocurrency trader has recently predicted that leading cryptocurrency Bitcoin ($BTC) could reach a new record high above the $263,000 mark if it manages to break through a “textbook example” of a technical chart pattern.
Grayscale's new Bitcoin Mini Trust, ticker BTC, has been approved by the SEC and will spin off from GBTC.
Bitcoin's bullish pattern on the chart is signaling to crypto traders a potential 25% price increase from its current level.
U.S. Republican Senators Cynthia Lummis and Tim Scott took the stage at the Bitcoin 2024 conference today and straight up blamed the current Senate Banking Committee's leadership for blocking American innovation, especially regarding Bitcoin. Tim Scott said: “We have to get rid of the folks who are in the way.
Bitcoin's mean coin age has not trended downward despite a price drop, showing BTC is not in a distribution phase yet.
Recent insights from a CryptoQuant analyst suggest that Bitcoin's recent price action could be the beginning of more substantial movements. The analyst, sharing insights on QuickTake, points to historical data on Bitcoin's price trends and newcomer activities.
The Securities and Exchange Commission (SEC) has given the nod to Grayscale's Bitcoin Mini Trust ETF, allowing it to be listed and traded on NYSE Arca. The SEC's decision comes after a thorough review process.
The General Inspection of Justice (IGJ) has approved the registration of a company whose capital includes Bitcoin (BTC) and USD Coin (USDC). This landmark decision marks the first instance in Argentina where cryptocurrencies have been officially recognized as part of a company's initial capital investment.
On-chain data is revealing a shift in behavior among Bitcoin's long-term holders, those who have held their coins for at least 155 days, which have recently reversed a sell-off trend and are now accumulating BTC at a rapid pace, absorbing nearly $8 billion worth of the cryptocurrency in recent weeks.
Gold advocate Peter Schiff has conducted two polls regarding bitcoin's value and investors' actions if the crypto's price falls significantly. Despite his consistent criticism of bitcoin, the majority of respondents expressed strong commitment to holding their BTC even if the price drops drastically.
More of the exchange's creditors have received settlements from Bitstamp, while others remain in the waiting game.
At Bitcoin 2024 today, Robert F. Kennedy Jr. threw out some pretty radical ideas about how he plans to integrate Bitcoin into the U.S. economy if he wins the election.
Bitcoin price has surged by 6.45% since retesting a key support level.
The outspoken privacy advocate said elections historically haven't changed much, and meanwhile railed against the threat AI poses to citizens.
Presidential candidate Robert F. Kennedy Jr. pledged to sign an executive order on his first day in office if elected that would make Bitcoin a strategic reserve asset for the US.
The approval of Bitcoin ETFs by the US Securities and Exchange Commission (SEC) in January 2023 has opened the floodgates for significant institutional investment in the newly approved market. However, US states are also rushing to capitalize on the success of these ETFs by allocating a portion of their pension funds to reap profits and diversify their investments.
Bitcoin (BTC), the world's oldest and most valued cryptocurrency, has managed to recover and gain bullish traction above the $67,920 mark. The global crypto market cap stands at $2.39 trillion, with a 24-hour jump of 3.39%.
Michael Saylor, executive chairman of Microstrategy, believes the U.S. government should hold the majority of the world's bitcoin, arguing this would strengthen the U.S. dollar. Drawing parallels to historic acquisitions, he views bitcoin as a critical asset for the future.
This week, the crypto industry saw the launch of spot Ethereum ETFs, a big step for the market. Nine companies, including Franklin Templeton and VanEck, got the green light from the SEC to introduce these ETFs.
Jay van Eck, the CEO of $108 billion asset manager VanEck, said on Friday that he has “well over 30%” of his personal wealth tied up in Bitcoin (BTC).
The presidential hopeful gave Bitcoin eloquent praise as a future support for the US economy and way to fix broken American money and society.
Michigan bought $6 million in BTC in Q2. How high could that allocation go over time?
Kevin Svenson, a prominent figure in the cryptocurrency community, has articulated a compelling case for Bitcoin's ascent to six figures. In a recent video shared with his substantial YouTube following, Svenson highlighted Bitcoin's resilient price action since its lows in late 2022.
Candidate Robert F. Kennedy, Jr., promised to issue a slew of Bitcoin-related executive orders on his first day in office if elected president.
Bitcoin is back up to $67,800 and fighting the resistance after staying below the $65,000 zone. The lowest price point Bitcoin touched was $63,506.36 before it started riding back up. Let's understand the reasons behind the rise of Bitcoin.
The independent US presidential candidate has voiced additional support for Bitcoin.
Grayscale must await final regulatory signoff on its registration filing before listing the fund
Crypto prices are bouncing back after two rough days. Bitcoin climbed over 5%, hitting $68,151, and Ethereum rose 3% to $3,270 at press time.
The two Republican Senators claimed that if their party wins control of the Senate, they will stop the S.E.C.'s alleged “regulation by enforcement.
The total stablecoin supply has increased to around $170 billion, with USDT and USDC remaining dominant.
MicroStrategy executive chairman Michael Saylor said Bitcoin could help solve half the world's economic problems, especially for countries struggling with challenges related to rising national debt.
The State of Michigan Retirement System has taken a pretty interesting step into the crypto world. On July 26, they filed a 13-F form with the United States Securities and Exchange Commission (SEC) and revealed they've bought 110,000 shares in the ARK 21Shares Bitcoin ETF (ARKB). This is worth around $6.6 million.
Grayscale's Ethereum Trust ETF witnessed a massive outflow of $113.3 million on its second trading day, raising eyebrows across the cryptocurrency market. This significant withdrawal comes amid a backdrop of fluctuating investor confidence and market volatility, casting a shadow over Ethereum's prospects.
Ahead of the Bitcoin Conference in Nashville tomorrow, voters want to know how Trump and Harris will handle crypto policy.
Senator Lummis recently authored a report highlighting the benefit of the Bitcoin mining industry and denouncing Biden's proposed 30% tax.
The former National Security Agency contractor did not name any particular US or international lawmakers but warned many didn't belong to the “tribe” of Bitcoiners.
The U.S. Securities and Exchange Commission approved Grayscale's mini version of its Grayscale Bitcoin Trust (GBTC) on Friday.
The state spent around $6.6 million for 110,000 shares of the ARK 21Shares Bitcoin ETF. The crypto sector has seen a major breakthrough with Michigan's decision.
Altcoins are in accumulation territory after experiencing a drawdown over the last 3 months.
An important break in market structure could bring good news.
"Triple maxi" Bitcoin bulls could earn a net worth of $214 million by 2045, Saylor said.
Massachusetts Republican senatorial candidate and pro-XRP attorney John E. Deaton reportedly holds 80% of his personal wealth in the world's largest cryptocurrency by market value, Bitcoin (BTC), making him one of the most bullish politicians in the United States.
The Bitcoin bull turned the dial up to 10 before thousands of conference attendees in Nashville.
Bitcoin, the world's largest cryptocurrency by market capitalization, is currently navigating a complex market landscape. Following a notable bullish formation that began in mid-July, Bitcoin experienced a significant upward movement.
Automatically generated emojis no longer accompany Bitcoin and crypto hashtags on Elon Musk's social platform X, which hosts some of the most active crypto communities.
Cryptocurrency markets are trading higher as the Bitcoin Conference awaits Donald Trump‘s keynote speech on Saturday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,835 +5% Ethereum (CRYPTO: ETH) $3,265 +5.2% Solana (CRYPTO: SOL) $182.9 +8.5% Dogecoin (CRYPTO: DOGE) $0.1336 +10.5% Shiba Inu (CRYPTO: SHIB) $0.00001689 +6% Notable Statistics: IntoTheBlock data shows a marginal increase in transactions greater than $100,000 from 7,583 to 7,838.
Republican Senator Cynthia Lummis, a staunch supporter of cryptocurrency, recently grabbed the crypto community's attention with a cryptic post. On Monday, she posted on X, "₿ig things are in store this week.