Japanese lawmaker ‘Satoshi’ questions gov’t plans for Bitcoin reserve
Satoshi Yamada asked the Japanese government whether it could “convert part of its foreign exchange reserves” into Bitcoin or another token. Source link
‘Bitcoin is better than gold’ as a reserve asset
Dan Morehead, founder and managing partner of Pantera Capital, made it clear that he thinks crypto is a better reserve investment than gold. Speaking with CNBC on Thursday, Morehead compared the development of blockchain technology to historical financial innovations and expressed some serious optimism about the crypto and blockchain space — especially as more and […]
How Babylon attracted $3.5B to native Bitcoin staking protocol — Co-founder
Babylon co-founder and chief technology officer Fisher Yu said DeFi on Bitcoin can evolve faster than other ecosystems by learning from the mistakes of the broader DeFi space. Source link
Riot Platforms buys more than $500M in Bitcoin
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value. Source link
Bitcoin miners earned just 3.6% of record $2T market cap — Analysis
BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap. Source link
Bitcoin could hit $160K in 2025, fueled by improving macro conditions
An interest rate cut by the Federal Reserve may help Bitcoin finish the year at “record-breaking levels,” according to Bitfinex’s head of derivatives. Source link
Corporate execs sell stock at record levels as Bitcoin nears 130% YTD returns
Bitcoin could reach a cycle top of over $160,000 on continued interest rate cuts and macroeconomic improvements in 2025, analysts have predicted. Source link
Early Bitcoin investor jailed for unreported crypto gains in $4M BTC sale
A Texas Bitcoin investor faces two years in prison for failing to report over $4 million in cryptocurrency gains, setting a legal precedent. Source link
Bitcoin analysis: Start selling BTC when this key metric hits 4%
Bitcoin supply profitability should form a focus for those seeking to avoid the return of the BTC bear market, says CryptoQuant. Source link
Matrixport sees 60% upside for Bitcoin, targets BTC price to hit $160,000 in 2025
With institutional support and growing adoption, Matrixport predicts Bitcoin will surpass $150,000 by 2025, signaling its transformation to a core global asset. Bitcoin’s (BTC) path to $160,000 by 2025 appears increasingly likely, as growing institutional backing and a maturing market set the stage for a major shift in its role within global finance, analysts at […]
