Goldman Sachs CEO David Solomon called the original cryptocurrency an “interesting speculative asset.”
Bitcoin is navigating a peculiar phase in its market cycle, recently breaking its all-time high (ATH) and holding strong above the critical $100,000 level. Despite this milestone, sentiment remains surprisingly bearish, with a growing number of investors and analysts predicting a potential correction in the near term.
BTC has recently been changing hands between two key market cohorts: long-term holders and short-term holders.
While Bitcoin surged 160% over the past year, Ether only rose 40%. Ethereum faces competition and challenges in regaining momentum.
BlackRock CEO Larry Fink touted Bitcoin (CRYPTO: BTC) as a tool for overcoming economic and political uncertainties on Wednesday, projecting it to rise to as much as $700,000 if the world catches up with this narrative. What Happened: During an interview with Bloomberg on the sidelines of the World Economic Forum, Fink stated that Bitcoin could serve as a hedge against local fears related to currency debasement and political instability.
Bitcoin (BTC), the world's leading cryptocurrency, recently made headlines with its record-breaking surge to $109,114.8 on January 20, 2025. This milestone came just hours before the inauguration of U.S. President Donald Trump, a moment that fueled significant optimism within the crypto market.
After testing the low $90,000 price level multiple times over the past two months, Bitcoin (BTC) briefly broke out of its tight trading range earlier this week, reaching a new all-time high (ATH) of $108,786. However, a recent report by Glassnode suggests that the sustained consolidation observed in recent months may be nearing its end, with the leading cryptocurrency primed for its next significant move.
The recent Trump inauguration earlier this week just ushered in a new age for Bitcoin and crypto at large.
Bitcoin price struggled to clear the $107,200 resistance zone. BTC is correcting gains and might revisit the $100,000 support zone.
OIG Report Sparks XRP Optimism: Alleged SEC conflicts of interest in Ripple case could force appeal withdrawal, boosting XRP price potential beyond $3.55.
Robert Kiyosaki reaffirmed his commitment to bitcoin, favoring BTC over speculative crypto ventures like the newly launched Trump coin.
Bitcoiners have been waiting for this for years, but why now? And how did he get here after more than a decade in prison.
The cryptocurrency market is experiencing a downward trend. As of 8:30 AM on the 23rd, according to TokenPost Market, Bitcoin is trading at $103,882 (approximately 149.13 million KRW), down 1.99% from the previous day.
The Bitcoin price has shown a bullish pattern that could cause it to rally to between $150,000 and $170,000. Crypto analyst Gert van Lagen revealed how this could happen and what could come next after this price surge.
Many analysts are ruminating on the next significant milestone, as the remarkable price increase of Bitcoin has captivated the market's attention. A research company, 10x Research, predicts thatthe alpha coin could reach $122,000 by February.
BlackRock CEO Larry Fink believes that Bitcoin (BTC) could soar to $700,000 if global economic and political instability prompts widespread adoption of the flagship crypto. Fink made the prediction while speaking on a panel at the World Economic Forum on Jan. 22.
John Koudounis, Calamos Investments CEO, joins 'Closing Bell Overtime' to talk managing risk in crypto investing.
Bitcoin and Solana have been leading the charge in the cryptocurrency market, seeing substantial gains and attracting attention from investors worldwide. However, one prominent crypto analyst is now raising alarms, warning that the two assets could be nearing the peak of their current bull runs.
I'm a bear on crypto. I am not a believer in the ‘bitcoin to a mil this year' group of acolytes.
The CEO of Bitcoin ETF giant BlackRock said that continued adoption of BTC could push the asset's price to a multiple of the current mark.
BlackRock, the world's largest asset management firm, reportedly purchased $600 million worth of Bitcoin on January 22. This marks its largest acquisition of the crypto this year.
Bitcoin (BTC) inches closer to the $110K level, many are keeping a close eye on its price movements. While Bitcoin continues to be the dominant player in the market, a newer cryptocurrency, Nebula Stride (NST), is making strides in the industry with a unique model that may capture attention.
BlackRock's Chief Executive Officer Larry Fink confirmed in an interview that he strongly believes in Bitcoin. He also predicted that the asset's underlying price could skyrocket to $700k shortly.
"Bitcoin is a speculative asset, an interesting speculative asset. I don't think there's a lot more to ask about this, though," Solomon said.
A closely followed analyst believes that digital assets still have more room to run to the upside despite calls that crypto may be in the midst of carving a cycle top.
At the onset of Miami Blockchain Week, coinciding with the three-day WAGMI conference, Bitcoin.com News engaged in a conversation on Wednesday with Moe Levin, the event's organizer, to glean perspectives on this year's gathering.
During a conversation with Bloomberg's Francine Lacqua at Bloomberg House in Davos, BlackRock CEO Larry Fink has suggested that the price of Bitcoin, the leading cryptocurrency by market cap, could potentially surge all the way to the $700,000 level.
Bitcoin (BTC) has been riding high, teasing new all-time highs (ATH) just after the inauguration of pro-crypto US President Donald Trump. However, Bitcoin's recent price action has raised concerns among traders and analysts, as the flagship cryptocurrency closed Monday in a shooting star candlestick pattern, a potential reversal signal.
BlackRock's CEO Larry Fink predicts Bitcoin price could hit $700,000 if sovereign wealth funds assign 2-5% of their portfolios to digital currency. During his World Economic Forum discussion in Davos Fink revealed talks with sovereign wealth fund managers about placing 2% to 5% of their money into Bitcoin.
BlackRock CEO Larry Fink has suggested that Bitcoin's price could surge to $700,000 if sovereign wealth funds allocate 2% to 5% of their portfolios to the cryptocurrency.
Cryptocurrency markets are trading lower on Wednesday as investors await Donald Trump's executive orders on crypto and his announcement regarding a strategic Bitcoin reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $104,661.95 -2.3% Ethereum (CRYPTO: ETH) $3,266.86 -2% Solana (CRYPTO: SOL) $266.11 +5.4% XRP (CRYPTO: XRP) $3.24 +1.4% Dogecoin (CRYPTO: DOGE) $0.3614 -5.9% Shiba Inu (CRYPTO: SHIB) $0.00002042 -2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 9.6% and daily active addresses up by 1.95%.
Goldman Sachs CEO David Solomon said Wednesday that he sees Bitcoin as a speculative asset rather than as a competitor to the U.S. dollar.
Bitcoin (BTC) is currently testing the critical $100,000 support level on January 21, after a turbulent few days following U.S. President Donald Trump's inauguration. While markets had anticipated that Trump's speech might include mention of cryptocurrencies, his failure to address Bitcoin or any digital asset policies left traders uncertain about future price direction.
Analysts believe US interest rates will not change, but Bitcoin price could benefit if the Federal Reserve mentions quantitative easing at the next FOMC.
Analysts believe US interest rates will not change, but Bitcoin price could benefit if the Federal Reserve mentions quantitative easing at the next FOMC.
Recently pardoned Silk Road founder Ross Ulbricht might still have around 430 Bitcoin worth over $47 million across several wallets. According to blockchain researcher Conor Grogan, he has identified several wallets associated with Ulbricht holding the BTC.
California Democrat and political commentator Van Jones characterized the act of some people buying Bitcoin (CRYPTO: BTC) as a form of “prayer,” reflecting a hope for a better financial outcome amid economic uncertainty and frustration with governmental financial policies. “A lot of people are buying crypto as a prayer, as a prayer for a better tomorrow, as a hope that somehow something will go good for them,” he said on Sunday.
Coinbase director Conor Grogan says Bitcoin wallets left behind by Ross Ulbricht when he was imprisoned for his underground online marketplace Silk Road are still holding tens of millions of dollars worth of BTC. On Tuesday, U.S.
Bitcoin could rally higher if its break past $106k.
Larry Fink, CEO of BlackRock, has suggested that Bitcoin could reach $700,000 per coin, citing its growing role as a hedge against economic instability. His projection, sparked by a discussion with a sovereign wealth fund, highlights the increasing momentum of institutional adoption and its potential to reshape market dynamics.
Despite a rally in the US Dollar Index and cooler-than-expected Consumer Price Index data, inflationary fears persist.
Despite a rally in the US Dollar Index and cooler-than-expected Consumer Price Index data, inflationary fears persist.
Larry Fink, the head of the world's largest asset management firm, said today during an interview at Davos that there is one scenario in which Bitcoin could surge to as much as $700,000.
Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, appeared to have fallen short of expectations for massive upside momentum following pro-crypto Donald Trump's presidential inauguration. Currently, the overall market seems to be struggling, with a few cryptocurrencies witnessing price rallies while others appear to be moving sideways or consolidating.
Donald Trump's inaugural speech caught many crypto enthusiasts by surprise, as he did not mention cryptocurrencies or blockchain technology, despite earlier speculation. The absence of any reference to digital currencies has left the cryptocurrency market uneasy and uncertain about what the future holds under Trump's administration.
The CEO of the largest asset manager in the world says that Bitcoin (BTC) could see drastically higher prices if sovereign wealth funds begin accumulating.
Bitcoin is consolidating between $100,000 and $109,588, and charts currently indicate a higher chance of an upside breakout.
During a recent interview with CNBC, David Solomon, chief executive officer at banking giant Goldman Sachs, opined that Bitcoin will not pose a threat to the U.S. dollar.