Ethereum (ETH) is stabilizing around $3,400, aiming to finish the year with about a 50% gain. Despite this, its performance has lagged behind Bitcoin and other top altcoins. Looking ahead to 2025, the Pectra upgrade promises significant improvements in scalability and security, potentially boosting Ethereum’s performance and user experience. Meanwhile, institutional investors are steadily accumulating ...
In 2024, the focus in the cryptocurrency world has shifted significantly towards institutional adoption. With the U.S. approving spot bitcoin exchange-traded funds (ETFs), along with many companies adding bitcoin to their financial reserves, the conversation around crypto is more prevalent than ever. Bitcoin has surged nearly 130% this year and is close to the $100,000 ...
Cathie Wood, a well-known growth investor, has high hopes for Bitcoin, predicting it could reach between $1 million and $1.5 million by 2030. In a recent Bloomberg interview, she highlighted that institutional investors are starting to take Bitcoin seriously, thanks to new financial tools like spot Bitcoin ETFs. With over 94% of Bitcoin already mined, ...
Cathie Wood, a leading figure in growth investing, remains bullish on Bitcoin, projecting its price could reach between $1 million and $1.5 million by 2030. In a recent Bloomberg TV interview, she emphasized the increasing likelihood of these targets being met, noting that institutional investors are beginning to recognize Bitcoin’s value, especially with new developments ...
Cathie Wood, a well-known growth investor, is making waves with bold predictions for Bitcoin, forecasting it could reach between $1 million to $1.5 million by 2030. In her recent interview, she emphasized that institutional investors are increasingly viewing digital assets seriously, which could drive significant price growth. With nearly all Bitcoin already mined, Wood argues ...
Cathie Wood, a prominent figure in growth investing, is optimistic about Bitcoin’s future. In a recent Bloomberg TV interview, she projected that Bitcoin could reach between $1 million to $1.5 million by 2030. Wood emphasized that institutional investors are starting to take digital assets seriously, especially with the launch of spot Bitcoin exchange-traded funds in ...
Recent data shows a significant downturn in Bitcoin exchange-traded funds (ETFs), with over $1.5 billion withdrawn in just four days leading up to Christmas. BlackRock’s iShares Bitcoin ETF saw the largest single-day outflow of $188.7 million, while Ethereum ETFs experienced the opposite trend, attracting $53.5 million in net inflows. BlackRock’s Ethereum fund drove the interest, ...
The SEC has approved new Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton, making it easier for institutional investors to access these major cryptocurrencies. This announcement comes during a tumultuous time in the crypto Market, with Bitcoin recently dropping to below $96,000 and Ethereum falling to $3,440. The approval covers two specific ETFs: the ...
Bitcoin has surged dramatically this year, largely due to BlackRock’s influence in the financial Market. After doubling in value since a dip in August, the excitement surrounding bitcoin is fueled by prominent figures like former President Donald Trump and Elon Musk, who discuss its potential integration and concerns over the U.S. dollar. BlackRock’s recent video ...
Cathie Wood, CEO of Ark Invest, is vocal about her support for Bitcoin, predicting its price could soar to $3.8 million by 2030, a significant increase from its current value. Recently, Bitcoin has risen over 40%, hitting six figures for the first time. Wood attributes this potential surge to growing interest from institutional investors, with ...
