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news-imageDecember 21, 2024

Cathie Wood Predicts Bitcoin Boom: ‘More Scarce Than Gold,' Eyeing $1 Million By 2030

Cathie Wood, CEO of ARK Invest, has reiterated her optimistic outlook on Bitcoin (BTC) in a recent interview with Bloomberg, suggesting that significant political and regulatory changes could propel the cryptocurrency to new heights.
Publisher: Bitcoinist
Sentiment: Positive
BTC

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Positive
cover-imageThe Currency Analytics
December 22, 2024

Bitcoin Whales Buy $1 Billion in BTC During Market Dip

The cryptocurrency market recently experienced a massive sell-off, leading to a dramatic drop in market capitalization by over $600 billion. Bitcoin, the leading cryptocurrency, was not immune to the downturn, dipping from a peak around $108,000 to a low of $92,000.

Positive
cover-imageThe Currency Analytics
December 22, 2024

El Salvador Continues Bitcoin Purchases Despite IMF Warnings

El Salvador's Bitcoin journey is far from over, despite ongoing objections from the International Monetary Fund (IMF). The Central American nation, which made history by adopting Bitcoin as legal tender in 2021 alongside the U.S. dollar, remains steadfast in its commitment to cryptocurrency.

Positive
cover-imageThe Daily Hodl
December 21, 2024

This Crypto Sector Could Rally by up to 5x in 2025 and Outperform Bitcoin, Ethereum and Solana, Says Analyst

Real Vision's crypto analyst Jamie Coutts is outlining the major trends that the cryptocurrency industry is likely to witness in 2025. Coutts says on the social media platform X that the decentralized finance (DeFi) sector could go up by between 4x and 5x as a result of the traditional finance (TradFi) sector entering the space.

Positive
cover-imageCoingape
December 21, 2024

Max Keiser Rejects Michael Saylor's Stablecoin Idea, Champions Bitcoin Standard

Popular crypto analyst and broadcaster Max Keiser has recently commented on the proposal by Michael Saylor for the United States to create a $10 trillion stablecoin pegged to Bitcoin, calling this idea not plausible given the restrictive policy of USD. Keiser framed the US dollar as “the ultimate proof-of-stake shitcoin,” emphasizing that it derives its

Neutral
cover-imageCoingape
December 21, 2024

Is Strategic Bitcoin Reserve Feasible to Reduce US National Debt?

Amid the talks of building a strategic Bitcoin reserve under Donald Trump's administration, experts have started weighing in on the feasibility of such a proposal and to what extent it would help in reducing the massive $36 trillion US national debt. Wyoming Senator Cynthia Lummis, who has been actively pushing for this proposal has shared

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