Bitcoin predicted to reach new highs in 2024, says Standard Chartered. Regulatory advancements and Bitcoin ETF investments are key drivers. Market maturity indicates less dependency on political outcomes. Analyst Jeff Kendrick highlights steady regulatory progress through 2025. $BTC
Crypto investors project $BTC to hit $100,000 by 2025, unaffected by the U.S. presidential election. While Trump supports crypto, Kamala Harris’s stance is unclear. Experts believe Bitcoin’s institutional backing ensures resilience. ?
Bitcoin accumulation on $COIN and @krakenfx surges amid market volatility, with buy/sell ratios at 123% and 250% respectively. Larger transaction sizes and institutional investors drive this trend, indicating potential market stability despite recent fluctuations.
Bitcoin ($BTC) is on track to hit $100,000 by 2025, regardless of the U.S. presidential election outcome. Experts highlight global fiscal conditions and institutional support as key drivers, with historical trends indicating post-election price gains.
Bitcoin’s short-term holders decline since May 2024, while long-term holders accumulate, indicating potential market stability. Active Bitcoin addresses hit a 2024 low, and Tether ($USDT) holders increase, reflecting a shift towards stable assets.
State Street plans to launch a Bitcoin ETF, as investor confidence grows. U.S. Bitcoin ETFs have seen net inflows surpass $17.1 billion YTD, with outflows shrinking to less than 1% of AUM. $STT $BTC
Bitcoin ETFs saw $116.96M inflow on Sept 10, 2024, with Ethereum ETFs at $11.44M. This marks Bitcoin ETFs’ second consecutive positive day and Ethereum’s first inflow since Aug 29, 2024. Grayscale’s Bitcoin Mini Trust contributed $41.13M.
Solo miner earns 3.169 BTC (~$181,000) as Bitcoin mining difficulty hits a record high of 92.67 T. Operating at 82 PH/s, the miner processed 5959 transactions, highlighting innovative strategies in a competitive field. $BTC
Peter Schiff questions Michael Saylor’s $BTC prediction, claiming Bitcoin’s value depends on new buyers, unlike gold’s tangible worth. Schiff doubts Bitcoin’s long-term viability, highlighting market dynamics and MicroStrategy’s stock performance.
SpaceX holds $500M in $BTC, maintaining this position for two years. Combined with Tesla, @elonmusk’s ventures hold nearly 19,800 BTC, valued over $1B. Bitcoin surged 3% in 24 hours amid heightened trading activity.
Two dormant Bitcoin whales moved 165 BTC worth $9.1M after nearly 11 years. One transaction of 146 BTC had a $1.91 fee, and another of 19 BTC had a $0.87 fee. $BTC trades near $57,300.
Napoleon Osorio, a former taxi driver in El Salvador, launched Bit-Driver, a Bitcoin-accepting transportation service. His business now employs 21 drivers, highlighting Bitcoin’s potential to transform lives and spur economic growth.
Bernstein predicts Trump’s 2024 victory could push $BTC to $90K, while a Kamala Harris win might see it drop to $30K-$40K. Current price: $55,371. Key political developments will significantly impact Bitcoin’s future.
10x Research warns a 50 basis points Fed rate cut could negatively affect $BTC, signaling economic concerns. Experts suggest this might lead to Bitcoin price volatility. Investors should monitor Fed decisions closely as they may reshape risk strategies.
