Michael van de Poppe highlights a bullish sentiment for SUI token. Bitcoin may experience a short-term price correction, presenting buying opportunities. Continue Reading: Michael van de Poppe Predicts SUI Token Surge and Bitcoin Correction The post Michael van de Poppe Predicts SUI Token Surge and Bitcoin Correction appeared first on COINTURK NEWS .
Ark Invest, a fund management company, has sharply raised its price forecasts for Bitcoin, predicting the cryptocurrency may reach $2.4 million at the end of 2030 in its most bullish scenario. The new target, set in an April 24 report by research analyst David Puell, is a massive increase from the firm’s former bull case target of $1.5 million. Institutional Money Set To Fuel Growth Large financial institutions will be the biggest driver of Bitcoin’s future price growth, as per the report of ARK. In the best-case scenario, estimates the firm, Bitcoin can grab 6.5% of the $200 trillion non-gold global financial market. This institutional adoption is the backbone of ARK’s positive vision. Bitcoin’s price is currently at around $93,700, having bounced back from a 2025 low of $75,150. For Bitcoin to hit ARK’s bull case target, it would have to increase more than 25 times its current value within the next five years. Bitcoin could reach between $300,000 and $1.5 million by 2030 under ARK Investment’s bear, base, and bull case scenarios, according to its Big Ideas 2025 report. The projections are based on expected capital inflows from institutional investment, adoption as digital gold, demand… — Wu Blockchain (@WuBlockchain) April 24, 2025 Digital Gold Status Could Boost Value The second key driver in ARK’s price thesis is the increasing acceptance of Bitcoin as “digital gold.” The company expects Bitcoin to potentially claim up to 60% of gold’s $18 trillion market cap by 2030. This would be a huge change in investors’ perception of the cryptocurrency, placing it in competition with the world’s oldest store of value. If this occurs, it would make a huge contribution to the price appreciation of Bitcoin, as stated in the report. Emerging Markets Offer Growth Potential ARK’s estimates that the price appreciation being driven by Bitcoin as a “safe haven” in emerging economies may represent up to nearly 14% of the cost growth in its bull case projection. Puell cited this as having “the greatest potential for capital accrual,” referring to the fact that Bitcoin can store wealth safe from inflation and devaluation of money in unstable monetary regimes. The report also takes into account nation-state adoption and corporate treasury strategies as other factors that will contribute to the value of Bitcoin in the future. Even Bear Case Sees Significant Growth Although the $2.4 million bull case has been making headlines, ARK’s more modest estimates still indicate significant growth. The company increased its “bear case” from $300,000 to $500,000 and its “base case” from $710,000 to $1.2 million. These targets would mean Bitcoin would need to increase at compound annual rates of 32% to 53% over to 2030. Such prolonged growth rates would be rare for an asset that has already reached trillion-dollar market capitalization. If Bitcoin breaks the $2.4 million barrier, then its market capitalization would hit almost $49 trillion based on about 20 million supply of bitcoins until 2030. This will place Bitcoin’s market cap almost on a par with both the United States and China’s combined GDP , as well as capable of overtaking gold as the largest asset class in the world. Featured image from Alexander Mils/Unsplash, chart from TradingView
There are loads of cryptos out there, but the big players like Bitcoin (BTC) and Ripple (XRP) still rule the market. Ripple’s actually set to outperform most of the competition, with its game-changing use case and growing network. Now, there’s a new kid on the block, Remittix (RTX) coming in hot with a fresh idea called PayFi. Remittix already looks ready to do so much more with its truly innovative approach to cross-border payments . A full technology stack makes it one of the top cryptos for global financial transactions. Luckily, Remittix is still in presale and even after raising over $14.5 million so far, it’s available at just $0.0757. Remittix – The Future of Instant Crypto-to-Fiat Transfers Remittix is a platform designed to simplify the transition between fiat and crypto. It enables users to send fiat to any bank account worldwide with just a click from their crypto wallets, facilitating crypto-to-fiat transfers quickly and seamlessly. One of Remittix’s strongest USPs is its ability to provide financial inclusivity , particularly to the unbanked. In simple words, Remittix removes barriers by streamlining the process of transferring funds from crypto to fiat. Its role in bridging the gap between the two systems is crucial for those seeking a more efficient way to manage their finances across borders. PayFi System: Redefining Cross-Border Payments with Transparency and Speed The Remittix Pay API is a solid tool for businesses and freelancers who want to accept crypto payments and settle them in fiat without the hassle. It makes it super easy for companies to get paid in crypto, while still settling everything in fiat, such as dollars or euros. For freelancers, this is a game-changer because they can send out invoices in digital currencies but get paid in stable fiat, without worrying about crypto price swings. What’s really cool about Remittix is that it supports over 40 fiat currencies and more than 50 crypto pairs. This gives businesses the flexibility to tailor the system to their needs. How Remittix Supports the Underbanked Remittix is all about helping people who don’t have easy access to traditional banking systems. In a lot of places, people can’t even get to a bank, let alone use basic financial services. By operating as a platform that’s available 24/7, it doesn’t need to depend on the typical banking systems. Even for users who don’t have access to a traditional bank account, it’s still possible to send or receive money across borders. It’s all about breaking down the usual barriers and making payments simpler and faster, no matter where you’re at or what you’ve got in your account. Conclusion In a world where traditional payments are slow and costly, Remittix is really making it better in tangible ways. By making crypto-to-fiat transfers easy, fast and accessible, it could very quickly become a go-to solution for people and businesses globally. With its focus on financial inclusion and supporting the underbanked, Remittix is changing how we think about global transactions. If you haven’t checked it out yet, now’s the time, as its potential is only just starting to unfold. Don’t miss out on this opportunity, as the level of real-world utility backing this project is rare. Discover the future of PayFi with Remittix by checking out their presale here: Website : https://remittix.io/ Socials: https://linktr.ee/remittix
The world of cryptocurrency is constantly buzzing with activity, but few developments have captured as much attention recently as the performance of the newly launched spot Bitcoin Exchange-Traded Funds (ETFs) in the United States. Among these, BlackRock’s iShares Bitcoin Trust, known by its ticker IBIT , has emerged as a dominant force, witnessing truly significant inflows of capital. If you’ve been following the crypto market, you’ve likely heard the news: BlackRock IBIT is accumulating Bitcoin at an astonishing pace. This isn’t just a trickle of funds; we’re talking about a surge that’s positioning BlackRock as one of the largest holders of Bitcoin globally, outside of perhaps Satoshi Nakamoto himself (whose holdings are unknown and presumed dormant). Understanding the BlackRock IBIT Phenomenon What exactly is BlackRock IBIT ? Simply put, it’s a spot Bitcoin ETF. This means it’s an investment vehicle that holds actual Bitcoin as its underlying asset. When investors buy shares of IBIT, they are indirectly gaining exposure to the price movements of Bitcoin without having to deal with the complexities of buying, storing, or securing the cryptocurrency themselves. This accessibility is a game-changer for many traditional investors and large institutions. BlackRock, being the world’s largest asset manager, launching such a product sent a powerful signal to the market. Their entry legitimizes Bitcoin as an asset class in the eyes of many mainstream investors and financial advisors who were previously hesitant due to perceived risks or lack of regulated investment options. The Surge in Bitcoin ETF Inflows: What’s Driving It? The recent surge in Bitcoin ETF inflows , particularly into IBIT, is driven by several factors: Regulatory Clarity: The SEC’s approval of spot Bitcoin ETFs in the U.S. in January 2024 removed a major regulatory hurdle, opening the doors for a flood of new capital. Accessibility: ETFs trade on traditional stock exchanges, making it easy for investors to buy and sell shares through their existing brokerage accounts. Trust and Brand Recognition: BlackRock’s reputation as a trusted financial institution provides a level of confidence for investors who might be wary of crypto exchanges. Accumulation Strategy: Some investors and institutions see Bitcoin as a long-term store of value or a hedge against inflation, and the ETF provides an easy way to accumulate it. Market Momentum: Positive price action in Bitcoin itself often attracts more investment, creating a virtuous cycle of inflows and potential price increases. According to data from blockchain analytics firm Arkham Intelligence, the scale of these inflows into IBIT is truly impressive. The report highlighted that BlackRock has secured a significant amount of Bitcoin just recently, accumulating around $1.2 billion worth of BTC in a short period this week alone. This kind of rapid accumulation underscores the strong demand being channeled through the ETF structure. IBIT Bitcoin Holdings: A Growing Giant Thanks to these sustained and substantial inflows, the volume of IBIT Bitcoin holdings has swelled dramatically since its launch. Arkham Intelligence’s data reveals that BlackRock currently holds more than 582,000 BTC within its IBIT fund. To put that number into perspective, that’s a staggering amount of Bitcoin. Valued at approximately $56 billion (as per recent market prices), these holdings represent a significant chunk of the total Bitcoin market capitalization. BlackRock’s IBIT now holds an estimated 2.8% of the entire 21 million Bitcoin supply. This makes IBIT one of the single largest known holders of Bitcoin globally, trailing only slightly behind MicroStrategy, another publicly traded company with a substantial BTC treasury. The rapid growth of IBIT’s holdings is a clear indicator of how quickly institutional and traditional investment capital is entering the Bitcoin space through this accessible regulated product. It signifies a fundamental shift in the landscape of Bitcoin ownership. The Impact of Institutional Bitcoin Accumulation The phenomenon of Institutional Bitcoin accumulation through vehicles like IBIT has profound implications for the cryptocurrency market: Increased Demand: Large-scale buying by institutions creates significant demand pressure on the limited supply of Bitcoin. Supply Dynamics: As more BTC is locked up in ETFs and corporate treasuries, the available supply on exchanges for retail trading potentially shrinks, which can contribute to price volatility and upward pressure. Market Maturity: The involvement of reputable institutions like BlackRock lends credibility to Bitcoin, attracting more mainstream attention and potentially reducing its perceived risk for new investors. Price Discovery: Increased trading volume and participation from institutional players on regulated markets can improve price discovery mechanisms. This influx of institutional capital via IBIT and other ETFs represents a major step in Bitcoin’s evolution from a niche digital asset to a recognized part of the global financial system. What Do These BTC Accumulation Trends Mean for the Market? The ongoing BTC accumulation driven by ETFs like IBIT is a key trend to watch. While past performance is not indicative of future results, sustained demand from large buyers historically tends to be bullish for an asset’s price over the long term, especially when supply is fixed like Bitcoin’s. However, it’s important to remember that the crypto market remains volatile. While inflows are positive, factors like macroeconomic conditions, regulatory changes globally, and shifts in investor sentiment can still impact prices. The presence of large institutional holders also means that significant market movements could occur if these entities were to change their strategy, though given BlackRock’s stated long-term view, massive liquidations seem less likely in the short term. For individual investors, the rise of IBIT and institutional interest validates Bitcoin’s growing acceptance. It provides an alternative, regulated way to gain exposure, though understanding the differences between holding an ETF share and holding actual Bitcoin is crucial. In conclusion, the rapid surge in BlackRock IBIT inflows and the resulting accumulation of a significant portion of the total Bitcoin supply highlight the accelerating pace of institutional adoption. This trend is reshaping the market, bringing traditional finance closer to the digital asset space and potentially setting the stage for Bitcoin’s continued growth and integration into the global economy. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption.
Strike CEO Jack Mallers said his new role as CEO of Bitcoin treasury firm Twenty One Capital won’t distract him from heading Strike, revealing the platform processed over $6 billion in volume in 2024. “This is not a shift in my commitment; it’s an extension of it,” Mallers said in an April 25 letter to Strike investors. Every decision based on if it is “good for Bitcoin” “If Bitcoin wins, humanity wins. Every business decision I make starts with one question: Is this good for Bitcoin? Twenty One exists because I believe it is good for Bitcoin and, therefore, good for the world,” Mallers said. Mallers explained that Strike, a Bitcoin payments platform, and Twenty One Capital have different goals. He said Strike focuses on making “Bitcoin accessible globally,” while Twenty One aims to increase “Bitcoin ownership per share (BPS) and pioneer Bitcoin-native financial tools.” “These are separate companies, but they share the same ethos: Bitcoin wins, we win,” he said. Source: Jack Mallers It comes after Twenty One Capital announced its launch on April 23, with the backing of Tether, SoftBank and Cantor Fitzgerald . The firm is looking to challenge Michael Saylor’s Strategy to become the “superior vehicle for investors seeking capital-efficient Bitcoin exposure.” It revealed its plans to launch with 42,000 Bitcoin ( BTC ). Source: Michael Saylor Mallers shared key metrics for Strike publicly for the first time, revealing that in 2024, the firm posted over $6 billion in volume, recorded 600% year-on-year growth, maintained an 85% gross profit margin, and reported zero customer acquisition costs. Mallers said that despite maintaining a team of 75 employees, the company expects to “generate 8-9 figures in net profit in 2025.” Several crypto enthusiasts had taken to social media to ask how the logistics would work for Mallers, being the CEO of Strike and Twenty One Capital. Related: 5 Bitcoin charts predicting BTC price rally toward $100K by May Crypto commentator “Alex” asked in an April 25 X post, “What will be the fate of Strike? New incoming CEO? Or will he pull an Elon Musk?” Similarly, Domingo Guerra asked , “Who will be running Strike!?” Meanwhile, several crypto industry participants have publicly speculated that Twenty One Capital may acquire Strike in the future. Swan Bitcoin CEO Cory Klippsten said it is “probably safe to assume that this company will acquire strike.” Daniel Sempere Pico said , “How long before Twenty One acquires Strike?” However, neither Mallers or Strike has indicated any intention of doing so. Magazine: Pokémon on Sui rumors, Polymarket bets on Filipino Pope: Asia Express
Every bull run begins with whispers—and right now, those whispers are turning into a serious conversation about which projects could define the next wave of crypto wealth. Bitcoin and XRP have long held the spotlight, but one new name is entering the conversation with speed and structure: MAGACOINFINANCE.COM . With market momentum building and investor eyes scanning for 2025’s big play, these three names are emerging not just as short-term picks—but as long-term strategies for real wealth growth. MAGACOINFINANCE Is Shaping Up to Be a High-Conviction Wealth Play Some tokens explode and fade. Others build the foundations quietly—and then take over. MAGACOINFINANCE appears to be the latter. It’s not just early—it’s early and executing. Wallets are growing daily, the community is expanding with real participation, and analyst mentions are starting to include MAGACOINFINANCE in serious wealth-building forecasts. What stands out is the way this project has avoided fluff. No overhype, no over-promising—just a clear, growing platform with the potential to rival the early days of Bitcoin-style entry points. For investors with long-term vision, this may be one of the last tokens still early enough to move on. Rising in Parallel: Ethereum, Polygon, Tron, and Arbitrum Ethereum continues to dominate smart contract innovation. Its Layer-2 integrations and network upgrades keep it vital across every use case. Polygon is Ethereum’s trusted scaling engine, pushing transaction speeds and onboarding major real-world partners—from corporations to institutions. Tron keeps volume high and transaction costs low, especially in Asia and among fintech products. It’s one of the most adopted blockchains for payments. Arbitrum is leading the Ethereum Layer-2 conversation, providing scalability and seamless user experiences for decentralized app developers. Each of these platforms is strong—but their early breakout phase is largely behind them. MAGACOINFINANCE , however, is just entering it. Final Word Looking ahead to 2025, the names that may define the year are already taking shape. Bitcoin and XRP continue to prove why they’re essential. But MAGACOINFINANCE.COM is starting to look like the next big crypto story in the making. The time to find tomorrow’s wealth builders is now—before they become today’s headlines. To learn more about MAGACOINFINANCE , please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance The post The Next Big Crypto? MAGACOINFINANCE.COM, XRP, and BITCOIN Could Be the Wealth Builders of 2025! appeared first on TheCoinrise.com .
Crypto analyst XForce has commented on the recent XRP price pullback, claiming that this price correction is part of the plan as the altcoin eyes a historic breakout. The analyst predicts that XRP can reach double digits when this breakout happens. XRP Price Pullback Part Of Plan For Historic Breakout To $10 In an X post, XForce indicated that the recent XRP price correction is part of the plan for the historic breakout to $10. He stated that he has been calling for this exact pullback for months and remarked that the altcoin is inching closer to a historic breakout to $10. The analyst added that progress may be gradual, but it is undeniable. Related Reading: Crypto Analyst Reveals When The XRP Price Will Reach $25 – It’s Not Far Off In a video on his YouTube channel, XForce further explained why he is confident that the XRP price can still reach a new all-time high (ATH). He highlighted a WXY corrective structure, which began at the start of the year, noting that this was just part of a larger bullish structure. He remarked that this corrective structure occurred as the market looked to cool off from the rally recorded in the first phase of this bull cycle. The crypto analyst stated that the XRP price is still going to witness a Wave 3, 4, and 5 move on the macro chart. This Wave 3 impulsive move is expected to take the altcoin to the $10 target before it then pulls back on Wave 4. XForce believes that XRP could rally to as high as $40 on the Wave 5 before this bull cycle finally ends. Meanwhile, the analyst alluded to the XRP/USDT chart while indicating that the bottom is already in for the altcoin, with the WXY corrective structure in Wave 2 already done. This means that XRP is now ready for a rally to the upside, with the move to $10 likely to start anytime soon. XRP Is Closer To An “Extreme Bull Run” In an X post, crypto analyst Dark Defender stated that the XRP price is closer to an extreme bull run in a very short time than market participants can ever imagine. He told market participants to keep an eye on $2.222 and $2.40 as the major resistance levels, while $1.8815 is the major support level. Related Reading: XRP To Flip Bitcoin This Cycle? Analyst Points To Major Bounce The crypto analyst suggested that the XRP price could still drop below $2 before it records this explosive move. He stated that the altcoin is expected to have three more waves in the smaller timeframes. As such, he advised market participants to keep an eye on the $1.8815 level again. At the time of writing, the XRP price is trading at around $2.18, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
In a recent statement reported by Coindesk on April 26th, the Swiss National Bank (SNB) has declined to incorporate Bitcoin into its reserve holdings. This decision stems from persistent concerns
Get ready for some eye-opening numbers from the world of Bitcoin mining! A recent report from CoinShares has revealed a significant jump in the cost to produce one Bitcoin, reaching figures that might surprise many. What Did the Latest CoinShares Bitcoin Report Uncover? According to the detailed analysis by CoinShares, a leading digital asset investment firm, the weighted average cash cost for listed Bitcoin mining companies to mine just one Bitcoin saw a dramatic increase in the final quarter of 2024. Specifically, the report indicates this cost hit an average of $82,162 in Q4 2024. This figure isn’t just a small uptick; it represents a substantial 47% increase when compared to the previous quarter (Q3 2024). This sharp rise in the average BTC mining cost highlights the evolving economic landscape for professional miners operating at scale. It’s important to note that this specific figure from the CoinShares Bitcoin report focuses on the ‘cash cost’ for publicly traded mining companies. This typically includes operational expenses like electricity, hosting fees, and direct labor, but might exclude significant capital expenditures on new hardware. What’s Driving These Soaring Bitcoin Mining Costs? Several factors likely contributed to this significant surge in Bitcoin mining costs during Q4 2024. Understanding these drivers provides crucial insight into the pressures faced by the industry: The Post-Halving Environment: The Bitcoin halving event, which occurred in April 2024, cut the block reward for miners by half. While the raw cost per hash might not change drastically overnight, the reward per unit of work is halved. This means miners need twice the efficiency (or higher Bitcoin prices) to maintain the same revenue, effectively increasing the cost *per Bitcoin mined* if other factors remain constant or increase. Increased Network Difficulty: As more powerful mining hardware comes online and more participants join the network, the computational difficulty required to mine a block increases. Miners need to deploy more hash rate (and thus consume more energy and capital) to find a block, pushing the Bitcoin production cost higher. Energy Price Volatility: Electricity is the single largest operational expense for Bitcoin miners. Fluctuations and increases in global or regional energy prices directly impact the cash cost of mining. Q4 2024 could have seen unfavorable energy price movements in key mining regions. Investment in Newer Hardware: While cash cost often excludes CapEx, the *need* to invest in newer, more efficient Application-Specific Integrated Circuits (ASICs) is a constant pressure. Less efficient machines become unprofitable faster in a high-difficulty, low-reward environment, forcing miners to upgrade, which adds to the overall economic burden, even if not immediately reflected in the ‘cash cost’ metric reported. These combined pressures create a challenging environment, pushing the average crypto mining costs upwards for large-scale operations. How Does This Impact Listed Bitcoin Miners? A BTC mining cost of $82,162 per coin presents significant implications for the profitability and strategy of listed mining companies: Profitability Squeeze: If the market price of Bitcoin is below or close to this cash cost, miners face severe pressure on their profit margins. This can lead to selling treasury reserves to cover operational expenses or even shutting down less efficient machines. Focus on Efficiency: The high cost environment accelerates the need for operational efficiency. Miners must secure the lowest possible energy costs and deploy the most energy-efficient hardware to remain competitive. Potential Consolidation: Smaller or less efficient mining operations may struggle to survive at these cost levels, potentially leading to consolidation within the industry as stronger players acquire distressed assets. Balance Sheet Management: Companies with strong balance sheets and access to capital are better positioned to navigate periods of high costs by investing in infrastructure or holding mined Bitcoin during unfavorable market conditions relative to their production cost. Understanding the CoinShares Bitcoin report gives investors a clearer picture of the operational health and challenges facing these companies. Does the Cost of Mining Influence Bitcoin’s Price? This is a complex and debated topic. While the Bitcoin production cost doesn’t act as a strict price floor in the short term (miners might sell below cost if necessary), some argue that over the long term, the cost of production provides a fundamental baseline. If the price consistently stays below the cost for a significant portion of the network, it could lead to miners shutting down, difficulty adjusting downwards, and potentially reducing selling pressure, which could indirectly support the price. However, the market price is driven by supply and demand from a wide range of participants, not just miners. While miner economics are a significant factor in the supply side, they are not the sole determinant of Bitcoin’s value. Key Takeaways and Future Outlook The CoinShares report highlighting the rise in Bitcoin mining costs to $82,162 in Q4 2024 underscores the increasing operational challenges in the post-halving era. This figure, representing the weighted average cash cost for listed miners, serves as a critical benchmark for the industry. The significant 47% quarterly increase points to the combined effects of the halving, network difficulty increases, and potentially rising energy prices. For miners, this necessitates a relentless focus on securing low-cost power and deploying the most efficient hardware to maintain profitability. The landscape for crypto mining costs is constantly shifting. As we move forward, the industry will likely see continued innovation in mining technology and energy sourcing. The ability of miners to adapt to these rising costs will be crucial for their long-term viability and will continue to shape the dynamics of the Bitcoin network. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
COINOTAG News reports that on April 26th, on-chain data analyst Yu Jin observed a significant movement in the crypto market. A notable **whale** has strategically utilized **leverage borrowing** to accumulate