The share of Ethereum in the hands of whales has grown significantly.This supply concentration has both positive and negative leaning. Ethereum’s whale dominance has reached new highs, with 104 wallets containing at least 100,000 ETH, or 57% of the total supply. This amount, which equals approximately $333.01 billion, suggests increasing confidence from the largest Ethereum...
Institutions and governments are increasingly adopting Bitcoin, driving global demand.Bitcoin’s limited supply fuels its growing role in the global financial system. Bitcoin’s journey has entered unknown territory, as analysts, institutions, and governments agree on an optimistic prognosis that may see its price skyrocketing to $850,000 by 2025. Discussed on Simply Bitcoin, this amazing forecast emphasizes...
Roger Ver’s Tucker Carlson interview gained traction after Elon Musk shared it, spotlighting Ver’s criticism of Bitcoin and defense against legal charges.Zano’s market cap soared from $80M to $180M following Ver’s mentions, despite Bitcoin Cash and Verse being over 97% down. Bitcoin Cash founder Roger Ver made a rare media appearance on December 11 in...
Bitcoin’s 26,931% 10-year return dwarfs traditional asset classes, showcasing its dominance as a high-growth investment.Despite its significant volatility, Bitcoin’s leading position in 2024 with a 129.0% YTD gain reinforces its potential as a transformative asset. Bitcoin has outperformed all major asset classes over the past decade, delivering a staggering 26,931% return, according to CoinGecko data...
Vetle Lunde, an analyst from K33 Research, announced on X that Bitcoin spot exchange-traded funds (ETFs) in the United States have now officially outpaced gold ETFs.Bitcoin’s surpassing of gold in ETF assets reflects a generational shift in investor sentiment, with Bitcoin viewed as “digital gold” due to its limited supply and decentralized nature. For the...
XRP may soon rally to $5 as technical indicators show bullish signs.Falling Bitcoin dominance supports XRP’s potential growth. XRP, one of the most-watched digital assets in the crypto market, has emerged with fresh focus after analysts called for increased buying to push the asset to record highs. Many investors specialize in technical analysis or charting,...
NYDFS has approved Ripple’s subsidiary for a BitLicense, enabling secure and regulated trading for institutions in New York.Anchorage Digital’s BitLicense allows cost-efficient trading and liquidity access, reinforcing Ripple’s focus on compliant digital asset infrastructure for financial institutions. The New York State Department of Financial Services (NYDFS) has officially authorized Ripple’s subsidiary, Anchorage Digital NY, LLC,...
Semler Scientific increases its Bitcoin holdings to 2,084 BTC through strategic equity financing.Semler’s Bitcoin strategy has achieved a 92.8% gain since May, boosting shareholder value. Semler Scientific has made waves once more with its aggressive Bitcoin purchase approach, purchasing 211 BTC at an average price of $101,890 apiece. With their total holdings now valued at...
A Japanese lawmaker proposes a national Bitcoin reserve, highlighting its decentralized nature as a strategic asset for Japan’s economy.Japan considers lighter crypto regulations to promote innovation in blockchain technology and ensure investor protection. Satoshi Hamada, a Japanese lawmaker, has made a bold suggestion, requesting the government to establish a national Bitcoin reserve. Citing its decentralized...
Bitcoin Suisse predicts Bitcoin will surpass $180,000-$200,000 by 2025, with Ethereum staking ETFs set to outperform Bitcoin ETFs.Altcoin market value is projected to increase 5x in early 2025, signaling diversification in the crypto landscape. Bitcoin Suisse, one of Europe’s most respected crypto providers, has issued persuasive research anticipating a significant increase in the price of...