Bitcoin could be poised for further gains in the weeks ahead after clocking a new record high on Sunday, according to analysts. “Now that we’ve made new ATHs in an impulsive manner, the next leg to $150k+ has begun,” opined crypto analyst ‘CrediBULL Crypto’ on Sunday following Bitcoin’s (BTC) surge to a record high of…
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While Bitcoin treasury companies accumulated $1.2 billion in BTC last week, analysts suggest that Bitcoin’s new all-time high was more likely driven by inflows into Bitcoin exchange-traded funds. Bitcoin went on to spike coming into the weekend, hitting a new all-time high of over $125,000 on Saturday. Bitcoin (BTC) treasury companies purchased more than 6,702…
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Financial services giant Morgan Stanley issued guidelines for crypto allocations in multi-asset portfolios, recommending a “conservative” approach in an October Global Investment Committee (GIC) report to investment advisors. Analysts at Morgan Stanley recommended up to a 4% allocation for cryptocurrencies in “Opportunistic Growth” portfolios, which are structured for higher risks and higher returns. The analysts…
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Precious metals and Bitcoin (BTC) are rising to new all-time highs, alongside risk assets like stocks, as the US dollar (USD) is on track for its worst year since 1973, signaling a “generational” macroeconomic shift, according to market analysts at The Kobeissi Letter. The S&P 500 stock market index is up over 40% in the…
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Bitcoin breached a new all-time high over the weekend, prompting analysts to call for a renewed accumulation phase that could fuel a rally to $150,000 before the end of the year. Bitcoin (BTC) set a new all-time high above $125,700, and its market capitalization briefly crossed the $2.5 trillion milestone for the first time in…
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Opinion by: Fred Hsu, co-founder and CEO at D3 A small business owner sits on a premium domain like organic.shop. They shop for months and are unable to find a buyer at their asking price. Meanwhile, someone across the globe just bought a fraction of a Manhattan apartment through tokenized real estate in under five…
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Global demographic shifts and rising wealth could power cryptocurrency adoption and asset demand well into the next century. Demand for global assets, including cryptocurrencies, is expected to be driven by an aging global population and increased productivity worldwide, resulting in an older population with more capital to invest. This dynamic will drive asset demand until…
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Key points: Bitcoin begins a retracement after hitting new all-time highs above $125,000. Sunday trading produces BTC price volatility as traders eye potential bounce levels. Institutions are on the radar as Bitcoin “debasement trade” talk heats up. Bitcoin (BTC) experienced fresh volatility as it approached Sunday’s weekly close, following a BTC price correction from all-time…
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The amount of Bitcoin held on centralized exchanges has plunged to a six-year low as the asset climbed to a new all-time high. Bitcoin notched a new all-time high on Sunday morning, reaching a little over $125,700 on Coinbase, according to Tradingview. Its previous peak was $124,500 on Coinbase on Aug. 14. Bitcoin (BTC) pulled…
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Network revenues across the blockchain ecosystem declined by 16% month-over-month in September, mainly due to reduced volatility in the crypto markets, according to asset manager VanEck. Ethereum network revenue fell by 6%, Solana’s fell by 11%, and the Tron network recorded a 37% reduction in fees, due to a governance proposal that reduced gas fees…
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