Crypto analyst Inmortal predicts that Bitcoin (BTC) could reach its peak between September and October 2025, based on historical cycle analysis. The analyst observes that Bitcoin typically takes around 1,064 days to ascend from a cycle low to its peak. Considering November 2022 as the likely bottom for the current cycle, when Bitcoin dipped to … Read more
The Bitcoin ETF market continues to evolve with the introduction of novel investment strategies. ProShares has filed applications for a series of hedge ETFs that aim to provide Bitcoin exposure while mitigating risks. These ETFs will combine long positions in traditional assets like stocks (S&P 500, Nasdaq 100) and gold with short positions on the … Read more
The Russian government has taken a significant step towards embracing cryptocurrency, approving the use of Bitcoin (BTC) and other digital financial assets (DFAs) in international trade. This move aims to circumvent Western sanctions that have severely impacted Russian businesses. Finance Minister Anton Siluanov confirmed the decision, stating that Russian companies can now utilize Bitcoin mined … Read more
Bitwise and Strive are leading the charge in innovative Bitcoin ETF strategies, focusing on companies that actively utilize the cryptocurrency. Bitwise Bitcoin Standard Corporations ETF: This ETF targets companies holding at least 1,000 Bitcoins in their reserves. Uniquely, it weighs companies based on their Bitcoin holdings, not just market capitalization, prioritizing companies with significant BTC … Read more
Daily Bitcoin payments have plunged to their lowest point this year, reflecting the usual holiday season lull. The number of confirmed transactions on the Bitcoin network sank to 623,434 on December 26th, according to data from blockchain.com. This coincides with Bitcoin’s price falling below $100,000. Analysts, however, expect a rebound soon. They point to weak … Read more
The cryptocurrency market is ending 2024 with a historic milestone: the largest Bitcoin and Ethereum options expiry ever recorded. Today, a staggering $18 billion worth of options contracts will expire, sparking excitement and uncertainty among traders and investors. Unprecedented Options Volume Data from Deribit reveals that 88,537 Bitcoin options contracts—four times more than last week—are … Read more
The world is abuzz with speculation about the potential impact of Donald Trump’s presidency on Bitcoin’s growth. Financial analysts are weighing in on how his policies could shape the future of the cryptocurrency market, with some suggesting that his administration might serve as a catalyst for unprecedented Bitcoin adoption and growth. Trump’s Policies Could Boost … Read more
The cryptocurrency market has recently experienced a downturn, with Bitcoin’s price falling to $96,200. However, Fundstrat Global Advisors co-founder Tom Lee remains bullish on Bitcoin’s future. In a recent CNBC interview, he predicted that Bitcoin could reach a staggering $200,000 in 2025 before ever dipping back to $50,000. Lee attributed this bullish outlook to several … Read more
Bitcoin’s price has dropped to its lowest level since late November, dampening hopes for a “Santa Claus rally.” This traditional period of strong gains in the lead-up to the new year has historically occurred in years preceding market cycle peaks. Bitcoin fell to $92,442 on December 23, marking a 14.5% correction from its all-time high … Read more
MicroStrategy, known for its aggressive Bitcoin accumulation, has proposed an ambitious “21/21 Plan” to raise a massive $42 billion through equity and debt financing. This move, aimed at further increasing the company’s Bitcoin holdings, has ignited a heated debate among shareholders. The “21/21 Plan” in Detail The plan involves: Equity Increase: Increasing the number of … Read more