The European Union’s recent announcement to impose retaliatory tariffs on $28 billion worth of U.S. goods starting in April has sparked concerns about increased Market volatility, particularly for Bitcoin. Analysts predict that this economic tension could cause Bitcoin prices to drop below the critical $75,000 support level. This tariff move responds to U.S. tariffs on ...
Bitwise has introduced a new exchange-traded fund (ETF) called the Bitwise Bitcoin Standard Corporations ETF (OWNB), which focuses on companies that hold large amounts of Bitcoin in their reserves. This ETF aims to track the Bitwise Bitcoin Standard Corporations Index, which includes firms with at least 1,000 Bitcoin. Notable holdings include MicroStrategy, Bitcoin mining companies, ...
Bitcoin’s recent downturn has worsened, hitting a three-month low of about $80,500, down nearly 25% from its mid-December peak. This decline follows a week of losses, fueled by investor caution amid volatility in global markets and uncertainty about the new U.S. administration’s trade policies. The situation was exacerbated by a significant $1.5 billion hack of ...
In 2024, Bitcoin reached over $100,000 for the first time, with experts predicting it could hit $1 million by 2030. Cathie Wood from Ark Invest believes growing interest from institutional investors and central banks, alongside Bitcoin’s improving network strength, are key factors driving this potential surge. Institutions are increasingly adding Bitcoin to their portfolios, seeing ...
Bitcoin is making waves in the cryptocurrency Market with a significant price movement, recently approaching $100,000. In just 24 hours, over 355,000 BTC, worth more than $35 billion, traded on various exchanges, with Binance seeing a notable 17% increase in trading volume. This surge has driven Bitcoin’s price from around $96,875 to nearly $99,500, sparking ...
Bitcoin’s price has seen significant movement lately, raising hopes that it could soon reach the $100,000 mark. In just 24 hours, over 355,000 BTC, valued at more than $35 billion, were traded on various exchanges, notably Binance, which experienced a 17% increase in trading volume. This surge lifted Bitcoin’s price from around $96,874 to nearly ...
Cathie Wood and ARK Invest have shown a strong interest in cryptocurrencies, particularly Bitcoin, which she views as digital gold and a hedge against inflation. Wood has set ambitious Bitcoin price targets for 2030, ranging from $300,000 in a bear case to $1.5 million in a bullish scenario, fueled by increasing institutional adoption and its ...
Cryptocurrency trader Willy Woo recently addressed the crypto community about Bitcoin’s dominance in the Market. As of February 17, Bitcoin’s share of the overall Market capitalization reached about 60.6%. This followed a notable increase after a dip in dominance during 2017 when it fell to 41%. Factors contributing to Bitcoin’s recovery include the launch of ...
The cryptocurrency landscape has dramatically changed over the last decade, with Bitcoin emerging as a leading digital asset. As large transactions, such as converting 10,000 BTC to USD, gain attention, governments are tightening regulations to prevent issues like money laundering and tax evasion. This scrutiny leads to clearer compliance guidelines, enhancing institutional adoption. Countries are ...
In 2025, investing in cryptocurrency is looking more promising than ever. Unlike earlier years, where investing felt like a gamble, now several factors suggest cryptocurrencies are here to stay. Major financial institutions are embracing crypto, making it a legitimate part of investment portfolios. Additionally, clearer regulations help ensure safer trading practices. With advanced technology and ...
