Bitcoin’s capped supply of 21 million coins introduces digital scarcity, revolutionizing financial systems globally.Institutional adoption and Bitcoin ETFs accelerate its integration into mainstream global finance. In a thought-provoking conversation on the Simply Bitcoin channel, experts discussed Bitcoin’s revolutionary potential and ability to flip gold as a store of value. The dialogue clarified the special features...
Friday saw a dramatic rise in US Bitcoin ETF inflows, climbing to $900 million, with Fidelity taking the lead with $370.2 million.Spot Bitcoin ETFs have attracted $36.9 billion in net inflows over the past year, fueling predictions of Bitcoin reaching $200K in 2025 amid rising institutional demand. U.S. Bitcoin Exchange-Traded Funds (ETFs) have seen inflows...
The Czech National Bank explores Bitcoin as a potential diversification for its foreign exchange reserves.Starting January 2025, Bitcoin held for over three years in the Czech Republic will be exempt from capital gains tax. The Czech National Bank’s governor, Aleš Michl, has stated that the institution is examining the potential of integrating Bitcoin in its...
Robert Kiyosaki forecasts Bitcoin hitting $175,000 to $350,000 by 2025, emphasizing its hedge against economic turmoil and urging middle-class investors to act now.Arthur Hayes predicts Bitcoin’s rally peaking in early 2025, tied to U.S. Treasury cash flows and historical patterns, despite mid-year liquidity tightening. The crypto market is buzzing with Robert Kiyosaki’s bold prediction for...
Bitcoin’s $100,000 milestone reflects steady growth, with bullish indicators suggesting more room for upward movement amid rising institutional interest.Analysts foresee $150,000 for Bitcoin by 2025, fueled by optimism, institutional investment, and favorable macroeconomic and regulatory trends. Bitcoin crossing the $100,000 mark has sent ripples across the broader crypto market, but Changpeng Zhao, the founder of...
Thumzup Media invests $1M in Bitcoin, acquiring 9.783 BTC and plans to allocate 90% of liquid assets to BTC.Corporate Bitcoin adoption grows, with Thumzup integrating crypto payments and joining the HODL 70 index. Thumzup Media Corp has made a bold move by investing $1 million in Bitcoin, acquiring 9.783 BTC at an average price of...
BlackRock’s Bitcoin ETF plan raises concerns about asset ownership and risks during protocol changes or hard forks.Self-custody is crucial for Bitcoin holders to maintain financial sovereignty and protect against centralized risks. Bitcoin has become a benchmark for worldwide investors, with considerable inflows, particularly through exchange-traded funds (ETFs). Within just two trading days early in 2024...
Pro-crypto U.S Senator Cynthia Lummis has advised countries to diversify military spending to Bitcoin.Market analysts have split the forecast for Bitcoin price but with a potential long-term rally. Republican Senator Cynthia Lummis continues to pledge support for Bitcoin (BTC), the flagship cryptocurrency. Recently, she insinuated that the US’s entry into Bitcoin may terrify competing countries...
The U.S. government received approval to liquidate 69,370 Bitcoins seized from the Silk Road darknet marketplace.The decision highlights the government’s effort to manage seized cryptocurrency amid concerns about its impact on the market. The United States government has obtained judicial authority to liquidate about 69,370 Bitcoins seized from the infamous Silk Road darknet marketplace. Reported...
The U.S. government is preparing to sell 69,370 BTC following a Supreme Court decision that effectively ends a lengthy legal dispute over the ownership of these crypto assets.The sale of such a massive volume of Bitcoin, valued at over $6.5 billion by the U.S. government, is expected to introduce substantial selling pressure on the market....