Bitcoin may surge to a new all-time high of $150,000 before the end of 2025 as investors pile into safe-haven assets alongside gold, according to Capriole Investments founder Charles Edwards. Bitcoin’s (BTC) recovery above the $120,000 psychological mark may lead to a “very quick” breakout to a $150,000 all-time high, Edwards told Cointelegraph during an…
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The United States government entered its first shutdown in six years on Wednesday, a political standoff that coincided with a rise in Bitcoin and gold as investors sought safe-haven assets. The US government is experiencing its first shutdown since the 35-day closure in December 2018, stemming from deep partisan divisions that have made Congress unable…
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The ballooning financial deficit of France’s central bank may spur a new wave of money printing, potentially unlocking billions in new capital for Bitcoin. France’s central bank, the Banque de France (BdF), reported a net loss of 7.7 billion euros ($8 billion) in fiscal year 2024, mainly driven by negative net interest income due to…
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This week in DeFi, a debate emerged about whether growing adoption among Wall Street participants may lead to the crypto market’s first extended “supercycle,” resulting in digital asset valuations rising beyond the historic four-year cycle’s time frame. As the leading smart contract blockchain, Ethereum’s native Ether (ETH) token could be set to benefit from “Wall…
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Ohio has become the latest US state to move toward allowing cryptocurrency payments for government services after the State Board of Deposit unanimously approved its first vendor to process digital asset transactions, according to a Wednesday announcement from the Ohio secretary of state. The move makes Ohio the fourth state to authorize cryptocurrencies for fees,…
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The cryptocurrency market may experience its first extended cycle due to more institutional capital and trading products in the Web3 industry, making digital asset investments more accessible. Some investors predict a crypto “supercycle” that may invalidate the theory of the four-year crypto market cycle related to the Bitcoin (BTC) halving, and see digital asset valuation…
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BlackRock’s cryptocurrency-based exchange-traded funds (ETFs) have become a revenue-generating machine, bringing in $260 million in revenue for the world’s largest asset manager, signaling a “benchmark” model for traditional investment funds seeking lucrative business models. BlackRock’s Bitcoin (BTC) and Ether (ETH) ETFs are generating a total of $260 million in annualized revenue, including $218 million from…
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Hyperliquid’s native token may be facing a “Sword of Damocles” moment in its biggest test yet, with $500 million worth of monthly unlocks set to begin Nov. 29, according to research from BitMEX co-founder Arthur Hayes’ family office fund, Maelstrom. The Hyperliquid (HYPE) token will face its “first true test” on Nov. 29, when the…
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Corporate cryptocurrency treasuries continued their growth trajectory this week, as publicly listed US companies continued announcing plans to raise hundreds of millions for altcoin treasury reserves. On Monday, Nasdaq-listed Helius Medical Technologies announced the launch of a $500 million corporate treasury initiative built around the Solana token (SOL), signaling more corporate crypto adoption. A day…
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The European Union will include cryptocurrency platforms in its latest financial sanctions against Russia, marking the first time digital asset services have been directly targeted. The measures, part of the bloc’s 19th sanctions package, prohibit all cryptocurrency transactions for Russian residents and restrict dealings with foreign banks tied to Russia’s alternative payment systems, according to…
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