A leading analyst at VanEck, Matthew Sigel, believes Bitcoin could reach $180,000 by the second half of 2025. His prediction is based on an analysis of Bitcoin’s past Market cycles. However, he warns that Bitcoin must first navigate through a period of economic uncertainty. Despite this, Sigel has noticed a significant increase in interest from ...
Cathie Wood’s ARK Invest has taken a mixed approach following the U.S. announcement of new trade tariffs. The firm sold $12 million worth of its spot Bitcoin ETF while simultaneously purchasing $26.6 million in Coinbase stock. This buying spree included significant acquisitions on April 4 and April 7. Despite the Bitcoin ETF sale, ARK continues ...
Cathie Wood’s ARK Invest is taking a mixed approach to new U.S. trade tariffs. The firm has sold $12 million worth of its ARK 21Shares Bitcoin ETF while investing $26.6 million in Coinbase stock. This includes significant purchases of $13.2 million and $13.3 million just days apart following the tariff announcement on April 2. Despite ...
Bitcoin started the week strong, reaching a high of $88,804, with analysts eyeing the $90,000 to $92,000 range as critical for the short term. This Market boost followed news that President Trump might ease tariffs, influencing positive sentiment. The increase in Bitcoin futures open interest suggests traders are optimistic and leveraging their positions. Signs of ...
Bitcoin’s price increased by 4.25% last week, surpassing $86,000 and making gains above $88,700 on March 24. Analysts are optimistic, noting that positive reversal indicators suggest a possible continued uptrend. Inflows into U.S. Bitcoin exchange-traded funds totaled $744.4 million last week, signaling renewed interest. However, Ethereum ETFs saw ongoing outflows. While some experts forecast Bitcoin ...
Spot Bitcoin exchange-traded funds (ETFs) in the U.S. ended a five-week streak of net outflows, attracting $744.4 million during the week of March 21. This was the highest inflow seen in eight weeks, thanks mainly to significant contributions from BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund. Meanwhile, Ethereum ETFs continued to struggle, ...
Bitcoin’s price has dipped slightly to around $85,500 after a nearly 5% rise the previous day. This follows US President Trump’s call for the Federal Reserve to lower interest rates, emphasizing the economic impact of ongoing tariffs. In a notable first, Trump is set to address the Blockworks Digital Asset Summit, marking the first time ...
Bitcoin’s price struggled to break through the $85,000 resistance level, hovering between $84,000 and $85,200 since March 12. As uncertainty looms in the Market, especially with the Federal Reserve meeting scheduled for March 18-19, significant price fluctuations are expected. Current predictions indicate a 99% chance of stable interest rates, which has mostly been priced in ...
In March, nearly all Bitcoin exchange-traded funds (ETFs) in the United States faced significant losses, with outflows totaling over $1.6 billion. BlackRock’s iShares Bitcoin Trust ETF was hit hardest, losing $552 million in a month with minimal inflows. Other funds like Fidelity’s Wise Origin and Grayscale’s Bitcoin Trust also saw sharp declines. Only Grayscale’s Bitcoin ...
Cathie Wood, the founder of ARK Investment Management, is a strong advocate for the technology sector, especially in innovative fields like cryptocurrency and artificial intelligence. ARK was among the first to launch a Bitcoin ETF, forecasting the cryptocurrency could rise to $1.48 million per coin by 2030, representing a potential increase of 1,660% from current ...
