Articles for tag: Bitcoin ETFs, Bitcoin ownership, cryptocurrency investment, Digital Assets, institutional investors, market trends, Satoshi Nakamoto

December 7, 2024

US Spot Bitcoin ETFs Surpass Satoshi Nakamoto, Claiming Title of World’s Largest Bitcoin Holder in Historic Shift

In a significant milestone for the cryptocurrency Market, US spot Bitcoin ETFs have overtaken Satoshi Nakamoto’s holdings, amassing around 1,104,000 BTC. This marks them as the largest collective holder of Bitcoin worldwide. This major event reflects the growing interest from investors looking to gain regulated exposure to Bitcoin, particularly since these ETFs are relatively new ...

December 6, 2024

Market News

Crypto

Bitcoin Reaches All-Time High: What a $1,000 Investment Would Be Worth Today

Bitcoin has recently achieved a significant milestone, surpassing the six-figure mark for the first time. As of now, it is around $99,000, with a peak of $103,844 earlier. If you had invested $1,000 in Bitcoin one year ago, it would now be worth $2,305, reflecting a 130% gain. Over five years, that investment would have ...

December 6, 2024

Market News

Crypto

Bitcoin Surpasses $100K: Analyst Predictions on Future Trends and Market Directions

Bitcoin has reached a significant milestone, trading above $100,000 for the first time, peaking at $103,679. This remarkable achievement reflects a year-to-date increase of over 140%, pushing its Market cap beyond $2 trillion. However, it has seen a minor drop, currently trading at $101,573, still showing a 6% rise in the last 24 hours. Analysts ...

December 4, 2024

Market News

Crypto

Ripple’s XRP Experiences $4 Billion Profit-Taking as Whale Activity Surges

Ripple’s XRP experienced a temporary decline of 5% after South Korea declared martial law, resulting in increased selling activity and profit-taking among investors. However, XRP whales managed to secure over $4 billion in profits despite the downturn. Currently, XRP is trying to recover, aiming to breach the crucial $2.58 mark, which could pave the way ...

December 2, 2024

Market News

Crypto

Tom Lee of Fundstrat Predicts Bitcoin Might Reach $250,000 by 2025 Amid Strong Market Trends and Bullish Sentiment

Tom Lee, co-founder of Fundstrat, predicts that Bitcoin could soar to $250,000 within the next year due to several key factors. He highlighted the upcoming halving event that will reduce Bitcoin’s supply and the growing interest from institutional investors. With Bitcoin currently priced at $97,343, Lee believes its historical patterns suggest a significant price increase ...

December 1, 2024

Market News

Crypto

Bitcoin Approaches $100K Milestone as Stablecoins Market Cap Surpasses $190 Billion in Thriving Crypto Landscape

At the start of this week, Bitcoin was nearing a significant price milestone of $100,000, currently trading at $95,116. The surge in Bitcoin’s value, which began in mid-2024, is largely attributed to institutional investor interest and improved regulatory clarity in the U.S. Market analysts predict that if current trends continue, Bitcoin could reach $120,000 by ...

December 1, 2024

Market News

Crypto

Bitcoin Approaches $100K as Stablecoins Market Cap Surpasses $190 Billion: A New Era in Cryptocurrency Investment

This week, Bitcoin is nearing a historic price of $100,000, currently trading at $95,116. The surge, driven by institutional investors and increased trading, reflects growing confidence in U.S. regulatory policies. Analysts suggest that if momentum continues, Bitcoin could reach $120,000 by early 2025. Meanwhile, stablecoins have gained traction, surpassing a total Market cap of $190 ...

November 30, 2024

Market News

Crypto

Bitcoin Whales Hold Firm: On-Chain Data Shows Investors’ Long-Term Confidence in Cryptocurrency’s Future

Bitcoin has experienced volatility after nearing the $100,000 milestone, hitting a peak of $99,800 before retracting to around $96,700. Despite this dip, demand remains strong, with key investors holding onto their assets, indicating confidence in Bitcoin’s potential growth. Analysts are monitoring Bitcoin’s ability to maintain this support level, as a failure to do so could ...

November 30, 2024

Market News

Crypto

Indonesian Crypto Transactions Hit IDR 475 Trillion as Tokocrypto Boosts Accessibility for Investors

In Indonesia, the cryptocurrency Market has reached a significant milestone, with total transactions hitting IDR 475.13 trillion from January to October 2024. The number of registered crypto customers has surged to 21.63 million, with 716,000 actively trading. This growth indicates a rising interest among Indonesians in crypto trading. The Head of CoFTRA, Kasan, attributes this ...