In 2024, the S&P 500 index enjoyed a solid 25% return, but the cryptocurrency Market has far outperformed it. By December 19, cryptocurrency Market capitalizations soared to an impressive $3.30 trillion, doubling in less than a year. Bitcoin rose 138% during this time, while Solana, known for its fast smart contracts, gained an astounding 2,000% ...
Billionaire hedge fund manager Paul Tudor Jones, founder of Tudor Investment Corp, is known for his successful investing strategies, including predicting the 1987 stock Market crash. Recently, his firm sold its shares in Boeing due to ongoing safety concerns and regulatory scrutiny, while boosting its investment in Bitcoin by over 400%. Jones views Bitcoin as ...
Economist Henrik Zeberg is optimistic about Bitcoin, despite a recent drop of nearly 10%. He believes the expected “Christmas rally” is still possible, predicting Bitcoin could surpass its all-time high of around $108,200. Currently trading at $101,784, Zeberg warns that after this peak, Bitcoin might see a significant decline to approximately $16,000. He also points ...
Economist Henrik Zeberg is optimistic about Bitcoin’s future, even after its recent 10% dip. He believes a “Christmas rally” is still on track and predicts Bitcoin will soar past its record high of around $108,200 to achieve a new all-time high. However, he warns that after this peak, Bitcoin could drop significantly, potentially reaching around ...
Cryptocurrency futures are contracts that allow investors to speculate on the price of digital currencies without needing to own them directly. Since their introduction, they’ve gained rapid popularity, particularly with Bitcoin and Ether contracts. These futures trade on various digital exchanges, including well-known platforms like Binance and CME Group. Investors are drawn to crypto futures ...
Bitcoin has recently achieved a new milestone, soaring to an all-time high of USD 106,000, surpassing its previous record from December 2024. This significant leap is largely attributed to the Bitcoin Halving event, which occurred in April 2024. Bitcoin Halving reduces the mining reward for Bitcoin, impacting supply and often leading to price increases. With ...
Recent activity in put options for BlackRock’s Nasdaq-listed spot bitcoin ETF (IBIT) has raised eyebrows, with more than 13,000 contracts for $30 out-of-the-money puts being traded. Despite this surge, experts suggest that this may not indicate a bearish outlook. Much of the trading volume reflects a strategy called “cash-secured put selling,” where traders aim to ...
Bitcoin has captured investor interest once again, soaring past $106,000 to reach a new all-time high. This remarkable increase of over 50% since Donald Trump’s presidential win in November is fueled by optimism surrounding bitcoin-friendly policies. Institutional demand, particularly through bitcoin exchange-traded funds (ETFs), has been a significant driver, with more than $2 billion in ...
Experts are optimistic about gold’s performance in 2025, following a strong year in 2024, with predictions of prices potentially reaching $2,700. However, Michael Saylor, co-founder of MicroStrategy, advocates for the U.S. to replace gold with Bitcoin as a reserve asset. He believes this shift could enhance U.S. economic leadership and capitalize on Bitcoin’s growth potential. ...
This year, Bitcoin has made significant strides into the mainstream, but not everyone is convinced. Renowned American investor Dennis Gartman recently stated that he won’t invest in Bitcoin, expressing his surprise at its popularity. He believes Bitcoin’s value, while recognized in recent months, might not be genuine. Gartman favors traditional investments like gold, which has ...
