Russia is advancing its regulated cryptocurrency market by introducing Bitcoin futures trading exclusively for qualified investors on the Moscow Exchange. This initiative aligns with Russia’s broader strategy to formalize crypto
Bitcoin’s price trajectory continues to captivate investors as Tim Draper forecasts a bold surge to $250,000 within the year, underscoring its growing mainstream acceptance. With institutional adoption accelerating and regulatory
Celebrating Bitcoin’s “zero to 1,000%” moment
Digital asset manager Bitwise’s chief investment officer, Matt Hougan, suggests reallocating portfolios to include bitcoin alongside reduced equity and bond exposure could enhance returns while mitigating risk. Bitwise CIO Urges Investors to View Bitcoin Through Total Portfolio Lens The Bitwise analysis shared by the firm’s CIO Matt Hougan covers January 2017 to December 2024 and
South Korea is spearheading significant crypto reforms, aiming to modernize its digital asset landscape with initiatives like Bitcoin ETFs and won-backed stablecoins. Despite strong governmental support, actual trading volumes in
As Bitcoin (BTC) gradually approaches its previous ATH of $111,000, the overall uptrend is expected to continue. At this point, one of those who expected the rise to continue was the giant Swiss bank Sygnum Bank. Accordingly, Sygnum Bank noted in its June report that institutional interest in Bitcoin is increasing. Bitcoin's circulating supply is shrinking rapidly, paving the way for potential price increases as demand continues to rise, banking analysts said. It was stated that the main reason for the decrease in supply is the increasing institutional demand and the expansion of Bitcoin acquisition vehicles such as ETFs and corporate treasury strategies. Noting that since late 2023, Bitcoin balances on exchanges have decreased by approximately 1 million BTC, analysts argued that this situation is considered positive for the BTC price. “Over the past 18 months, Bitcoin’s liquidity has decreased by 30% due to expanding institutional adoption and the emergence of investment products. Bitcoin's rapidly shrinking liquid supply creates the conditions for demand shocks and upward volatility.” The giant bank also said that Bitcoin statements made by global government organizations also strengthened the outlook. Recently, three US states passed bills allowing for strategic Bitcoin reserves, while a few countries, such as Pakistan, have also announced that they are considering BTC reserves. At this point, Sygnum said, “Official purchases have not started yet, even the news has a positive effect on BTC. If purchases start, it will be a very important catalyst for price increase as well as increasing demand.” Sygnum analysts recently stated that they expect more upside in Bitcoin, saying, “In the past, Bitcoin carried a greater downside risk, but now the upside potential is stronger.” *This is not investment advice. Continue Reading: Is the Stage Set for a Major Rise in Bitcoin? Swiss Giant Bank Announced!
Bitcoin whales have recently acquired $3 billion worth of BTC, counterbalancing significant institutional selling and helping Bitcoin sustain its position above the $100,000 mark. Spot market accumulation combined with bullish
Nasdaq-listed healthcare technology firm Semler Scientific has significantly expanded its Bitcoin holdings, marking its eighth purchase this year and reinforcing its position as a major corporate Bitcoin holder. With approximately
The Nasdaq-listed healthcare technology firm has been accumulating Bitcoin for just over a year.
Nasdaq-listed renewable energy firm SolarBank announces plans to integrate Bitcoin (BTC) into its reserve assets, marking a significant step in institutional crypto adoption. This strategic move reflects a growing trend