appleandroid
light

Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
news-imageDecember 13, 2024

Bitcoin To Hit $160,000 By 2025 For These 3 Reasons: Report

Bitcoin (CRYPTO: BTC) is on track to hit $160,000 by 2025, according to a new Matrixport report. The projection is underpinned by sustained demand for Bitcoin exchange-traded funds (ETFs), a favorable macroeconomic environment, and the continued expansion of the global liquidity pool.
Publisher: Benzinga
Sentiment: Positive
BTC

More News Articles

Positive
cover-imageCrypto news
December 13, 2024

Riot acquires 5,117 BTC for $510m

Riot Platforms has added to its growing Bitcoin holdings after the crypto miner and infrastructure provider scooped 5,117 more BTC for $510 million. The Colorado-based Bitcoin (BTC) mining company announced the fresh acquisitions on Dec.

Positive
cover-imageBenzinga
December 13, 2024

The Top Statistics Of Bitcoin's $100,000 'Monumental Milestone'

Glassnode's latest Bitcoin (CRYPTO: BTC) analysis highlights the most interesting statistics related to the apex crypto's monumental $100,000 milestone. It took Bitcoin 5,256 days of trading to grow from fractions of a cent to a $2 trillion market cap, surpassing the total market cap of silver in the process.

Negative
cover-imageBenzinga
December 13, 2024

Always Pay The Tax Man: Bitcoin Investor Sentenced To Two Years For Tax Evasion On Crypto Gains

In a landmark case, Frank Richard Ahlgren III, an early Bitcoin (CRYPTO: BTC) investor from Austin, Texas, has been sentenced to two years in prison for underreporting millions in cryptocurrency gains. The case represents the United States' first criminal prosecution solely focused on tax evasion involving digital assets, marking a significant development in the regulation and enforcement of cryptocurrency transactions.

Positive
cover-imageBenzinga
December 13, 2024

Riot Platforms Acquires 5,117 Bitcoin For $510Million

Bitcoin mining company Riot Platforms (NASDAQ:RIOT) on Friday announced the acquisition of 5,117 Bitcoin (CRYPTO: BTC) for $510 million. The purchase, funded through the net proceeds of the company's recent $525 million, 0.75% coupon convertible bond issuance, was made at an average price of $99,669 per Bitcoin, inclusive of fees and expenses.

Positive
cover-imageCoinPedia
December 13, 2024

Time to Buy Bitcoin? Riot Platforms Buys $510M Worth of BTC

The United States-listed Bitcoin mining firm Riot Platforms (RIOT) has acquired a significant 5,117 Bitcoin (BTC) for $510 million. These notable acquisitions occurred when BTC was trading near its all-time high, indicating massive adoption and heightened interest in the world's largest cryptocurrency.

Positive
cover-imageCryptoGlobe
December 13, 2024

Bitcoin in State Treasury? Texas Representative Proposes Strategic Reserve

House Bill 1598, introduced by Texas Representative Giovanni Capriglione on Dec. 12, outlines a plan to establish a Bitcoin reserve within the state treasury. The bill, titled the Texas Strategic Bitcoin Reserve Act, details the state comptroller's responsibilities for managing Bitcoin as a financial asset, including provisions for secure storage and a long-term holding strategy.

Positive
cover-imageBitcoin
December 13, 2024

Glassnode Report Reveals $131 Trillion Bitcoin Transfer Volume and Institutional Expansion

Bitcoin has reached a historic $100,000 milestone, Glassnode reports, marking a pivotal moment in its evolution with over $131 trillion in transaction volume, a $2 trillion market cap, and increasing institutional adoption. Bitcoin's $131 Trillion Journey According to Glassnode's latest onchain report, bitcoin (BTC) has crossed a monumental threshold, reaching $100,000 per coin on Dec.

Positive
cover-imageBitcoin
December 13, 2024

ETFs Maintain Strong Rally With $598 Million Inflow for Bitcoin and $274 Million Inflow for Ethereum

U.S. spot bitcoin and ethereum ETFs enjoyed another positive inflow day bringing in $597.57 million and $273.67 million respectively. Bitcoin and Ethereum ETFs Continue Momentum with Solid Inflows Bitcoin and ethereum exchange-traded funds (ETFs) maintained their inflow streak with another day of solid inflows into both ETFs. According to metrics from sosovalue, inflows totaling $597.

Negative
cover-imageUToday
December 13, 2024

Bitcoin (BTC) in 'Pain' Mode, Top Analyst Explains

A complicated picture is painted by Bitcoin's current price action as the asset negotiates considerable market volatility. Bitcoin has swept both ends of its liquidity spectrum on the four-hour chart with bid liquidity at the bottom and clearing ask liquidity at the top.

Next Page 1