TL;DR VanEck predicts Bitcoin could reach $180,000 by 2025, with no technical resistance in its path, according to Matthew Sigel, head of digital assets research. Bitcoin has surged nearly 30% since November 5, reaching a record of just under $93,490, driven by favorable sentiment following Donald Trump's return to the U.S. presidency.
Goldman Sachs has significantly expanded its Bitcoin ETF holdings, as revealed in its latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The Wall Street giant holds $710 million across various Bitcoin exchange-traded funds (ETFs), according to its latest SEC filing for the quarter ending September 30.
Since the second quarter, Goldman Sachs has added $300 million to its portfolio in Bitcoin ETF holdings, increasing exposure by 71%.
Can Bitcoin realistically achieve $180K target by 2025? VanEck predicts
ETF data suggests that BTC could have bottomed, at least for now.
A mysterious Bitcoin (BTC) whale from the Satoshi era has moved again, raising more questions about its dormant intentions. In a single move, the mysterious whale deposited 2,000 BTC from different anonymous addresses into a single Coinbase account.
For his role, Lichtenstein was sentenced to five years in prison, followed by three years of supervised release.
Ilya Lichtenstein sentenced to 5 years for laundering $8 billion in stolen bitcoin. The stolen bitcoin is now worth over $8 billion, up from $71.8 million in 2016.
MicroStrategy CEO Michael Saylor is expecting Bitcoin to hit $100,000 before the end of the year, stating that the 2024 U.S election outcome was ‘the biggest thing that's happened in the past four years for Bitcoin.
The Bitcoin Rainbow Chart pointed out that the king coin's price was in the “HODL” position.
On-chain data shows Bitcoin has continued to flow out of the cryptocurrency exchange Binance even after its latest high above $93,000. Bitcoin Binance Netflow Has Been Seeing Negative Spikes Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for Binance has registered negative values recently.
How far can this Bitcoin run go?
Explore the likelihood of each of these scenarios for the ultimate Bitcoin price prediction: race toward $100K, dip to $80k or consolidate at $90k.
From a fairly comfortable expectation of another Fed rate cut in December, the market has reacted negatively to Fed Chairman Jerome Powell's remarks on Thursday, hinting that a December rate cut may not be forthcoming. Stocks fell on the news, and Bitcoin ($BTC) suffered a deeper retracement before staging a recovery early on Friday.
On November 14, Matthew Sigel, the head of digital asset research at global asset manager VanEck, joined CNBC's “Squawk Box” to share his thoughts on the ongoing rally in the crypto market. During the interview, Sigel expressed confidence that Bitcoin's recent surge is far from over.
Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.
Goldman Sachs has reported a big increase in its Bitcoin ETF holdings, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). As of September 30, the bank held $710 million in Bitcoin ETFs. This includes a 156% increase in $BITB shares and a 116% rise in $GBTC shares since August.
Bitcoin nears $90,000 as Trump's pro-Bitcoin AG nominee boosts investor optimism. Will BTC hit new highs amid regulatory shifts? Read our analysis. The post Bitcoin Price Analysis: BTC Nears $90,000 Amid Trump's Pro-Bitcoin AG Nominee appeared first on Cryptonews.
Bitcoin has continued its bullish momentum streak, reaching a new all-time high on November 13 and triggering a wave of activity across the crypto market. In particular, the futures market has been significantly impacted, with a surge in trading volume for the BTC/USDT pair.
14 November's intraday high was around $93,500 amid ongoing high volume.
Goldman Sachs is doubling down on Bitcoin, reveals the latest fillings. The investment bank just expanded its holdings in BlackRock's iShares Bitcoin Trust (IBIT) to a staggering $461 million.
An analyst is leaning bullish on Bitcoin (BTC) amid the flagship crypto asset's rally to a new all-time high of around $93,500. The analyst pseudonymously known as Rekt Capital tells his 95,400 YouTube subscribers that Bitcoin has finally broken into the “parabolic phase of the cycle.
Bitcoin has been on a tear, recently surpassing $88,000, but for Matt Hougan, the Chief Investment Officer (CIO) at Bitwise Asset Management, this is just the beginning. Despite the impressive rally, Hougan told investors that they are still early in the game and Bitcoin has much further to go—potentially up to $500,000 per coin before reaching maturity.
The Bitcoin market, ablaze with speculative fervor following Donald Trump's election victory, is experiencing a period of relative calm as investors await concrete policy developments. The cryptocurrency's meteoric rise, fueled by Trump's pro-crypto stance, appears to be moderating, prompting traders to reassess their positions.
Bitcoin soared to a jaw-dropping $93,435, smashing its all-time high, before taking a breather with a short-term dip below $88,000. Now consolidating above $87,000, it's eyeing key resistance at $90,000.
Bitcoin's price has now corrected approximately 6% since the all-time high break on Nov. 13.
The Options market lets traders speculate with limited risk, but Bitcoin's price volatility is still in the picture.
Goldman Sachs has substantially increased its Bitcoin ETF holdings to over $650 million across multiple funds, with its largest position being $461 million in BlackRock's IBIT.
The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.
Investment firm Bernstein has urged India to recognize bitcoin as a strategic reserve asset, highlighting its potential as “digital gold” amid global financial risks like inflation, U.S. debt, and geopolitical instability.
On November 14, Michael Saylor, the co-founder and executive chairman of MicroStrategy (Nasdaq: MSTR), joined CNBC from the Caner Crypto, Digital Assets, and AI Infrastructure Conference in Miami.
Bitcoin, the world's leading cryptocurrency, has surged over 100% since the start of 2024, with most of those gains coming in the past few months, bringing its market capitalization to $1.83 trillion.
Billy Markus, one of the two founders of the iconic meme cryptocurrency Dogecoin launched in 2013, has commented on the recent Bitcoin price rally. He also once again disclosed his BTC holdings.
U.S.-based battery tech company Solidion has pledged to allocate 60% of its excess cash reserves to Bitcoin as part of its treasury strategy. Solidion Technology, a U.S.
Bitcoin surpasses $90,000 amid substantial whale accumulation of 100,000 BTC in one week, while market metrics and derivatives activity suggest continued buying pressure.
Currently, the Bitcoin price is trading at $87,926, a quick retracement below the $93,000 peak. This comes with an intraday drop of 2.38%. However, the market cap of Bitcoin remains at $1.7 trillion. As the 7-day trend remains positive with a 15.45% jump, Bitcoin has increased nearly 32% over the last 30 days.
Data shows Dogecoin and other meme coins are receiving a significant amount of attention on social media, a sign that may not be ideal for Bitcoin. Top 6 Memecoins Have Seen Their Social Dominance Rocket Up Recently In a new post on X, the analytics firm Santiment has discussed about the trend in the Social Dominance for a few different subsections of the cryptocurrency sector.
Despite the positive sentiments, Ki Young Ju, CEO of CryptoQuant, warned that Bitcoin might close the year below $59,000.
Large players in the BTC options market expected wild price swings in either direction, but there was an overwhelming bullish bias.
Despite a bullish market, institutional investors pulled $400 million from Bitcoin ETFs.
U.S. spot bitcoin ETFs recorded $400.67 million in outflows on Thursday, ending a six-day streak of positive flows.
Bitcoin Crash: The BTC price has been on the investors' radar lately, especially as the crypto has noted a retreat today. This dip comes as the crypto has recently touched its ATH crossing the $93,000 mark this week.
The recent surge in Bitcoin (BTC) prices could well last into 2025 and see it reach highs of $180,000, said Matthew Sigel, head of digital assets research at VanEck.
The law has been proposed by the Republican minority, but there are precedents that suggest it could also be approved.
The Royal Government of Bhutan has sold 367 Bitcoin (BTC), worth about $33.5 million through major cryptocurrency exchange Binance.
In a unique perspective, a cryptocurrency analyst equated Bitcoin (CRYPTO: BTC) to gunpowder, arguing that sooner or later sovereign nations would be compelled to adopt the leading cryptocurrency. What Happened: Matt Huang, CEO of cryptocurrency-focused investment firm Paradigm, penned a blog post Thursday, highlighting Bitcoin's growing prominence.