A top fund manager is predicting a massive surge in Bitcoin’s price. Matt Hougan, Chief Investment Officer of Bitwise Asset Management, believes Bitcoin will not only surpass gold but reach a staggering $1 million per coin by 2029. He bases this bold prediction on several key factors. Institutional Adoption Takes Off Hougan points to the…
A Million Bitcoins in New Hands Big money is pouring into Bitcoin. Since late November, wealthy investors have scooped up over a million Bitcoins, adding another 200,000 last month alone. These aren’t your typical long-term holders; research shows most of these “new whales” (owning at least 1,000 Bitcoin each) are relatively new to the game,…
BlackRock thinks Bitcoin’s price is about to go up big time. They believe the current price doesn’t reflect how many big institutions are buying Bitcoin. Institutional Adoption is Key Robbie Mitchnick, BlackRock’s head of digital assets, says Bitcoin is still 15% above its November low, despite recent dips. He told Yahoo Finance that the market…
The Federal Reserve (Fed) recently decided to keep interest rates the same, and Bitcoin’s price jumped in response. While many expected this move, the Fed’s updated outlook suggests slower rate cuts and a much slower reduction of its balance sheet. What the Fed Did The Fed’s announcement included: Fewer Rate Cuts: They now predict only…
Bitcoin’s price has been on a rollercoaster lately, but things are getting interesting. Let’s break down what’s happening. Bitcoin Breaks $85,000 Bitcoin recently jumped almost 4% in a single day, briefly surpassing the $85,000 mark. This is a big deal because it had been struggling to stay above that level for about 10 days. The…
Bo Hines, Trump’s appointee to head the US government’s Digital Assets section, recently announced a plan to aggressively invest in Bitcoin. This follows President Trump’s March 6th executive order establishing a cryptocurrency reserve. From Campaign Promise to Reality During his election campaign, Trump promised to create a Bitcoin reserve, a plan that faced significant opposition…
Bitcoin’s long-term holders, often called “HODLers,” are accumulating Bitcoin again – a big change in how investors feel about the market. HODLers Scoop Up Bitcoin Data from Glassnode shows that the net position of long-term Bitcoin holders has turned positive for the first time in 2025. This means these experienced investors are buying up Bitcoin,…
Cathie Wood, the head of ARK Investment Management, is sticking to her bold prediction: Bitcoin will reach a whopping $1.5 million per coin by 2030. Even with the recent market wobbles, she’s not changing her mind. Still Bullish on Bitcoin Wood says Bitcoin is only about halfway through a typical four-year cycle and that we’re…
A crypto analyst is predicting a significant Bitcoin price drop, forecasting a crash to $40,000. Let’s dive into the details. Halving Cycles and Market Predictions The prediction is based on Bitcoin’s historical price cycles, tied to its “halving” events (which happen every four years). These events seem to alternate between bull markets (prices soar) and…
CryptoQuant’s CEO, Ki Young Ju, is ringing the alarm bell: he believes Bitcoin’s bull market is finished. He’s predicting a bearish or sideways market for the next 6 to 12 months. The Warning Signs This prediction comes as a surprise to some, as just a couple of weeks ago, Ki was more optimistic. His change…
