Bitcoin could climb to $140000 or $150000 this year before a possible downturn next year, says Canary Capital CEO Steven McClurg. Speaking on CNBC’s Crypto network on Friday, he estimated a better than 50% chance of Bitcoin hitting that range, which would mean a 19% to 27% jump from its
Bitcoin’s next act might already be in motion. The weekly candle is shaping up just right, and if it holds a little longer, the door to $150K could swing open sooner than most expect. History backs the idea—halving first, explosive rally next. It’s the rhythm BTC has danced to every
The majority of the crypto tokens are waving the red flag in the market with a few holding the green chart. The assets are swinging between hot and cold water. Notably, Bitcoin, the largest asset, broke through crucial barriers and hit an all-time high yesterday at $124,457. With another series
The leading Bitcoin exchange-traded fund offered by BlackRock has surpassed the mark of $91.06 billion in assets under management. This is the largest figure in its history and proves the dominance of the company in the field of cryptocurrency investment. The impressive performance of the IBIT fund is occurring when
A former early-stage Bitcoin investor has now allocated significant capital into Ozak AI, a decentralized AI blockchain project, amid expectations of a 200% price increase. This move, driven by the investor’s evaluation of utility and growth potential, is shifting attention toward Ozak AI’s rapid development. The platform’s multi-phase presale performance,
The launch of Volo wBTC Vault, a DeFi product intended to unlock the Bitcoin liquidity inside Sui’s ecosystem, was announced today by Volo, a prominent liquid staking protocol on Sui. The vault provides smooth, high-yield DeFi strategies with one-click accessible on Sui by using wBTC and integrating with the vast liquidity of
How miners and innovators are turning crypto’s emissions problem into an opportunity for climate action. Bitcoin mining has long been under fire for its environmental footprint. The network’s Proof‑of‑Work (PoW) consensus consumes lots of electricity. Estimates compare it to the energy use of mid‑sized nations. Much of that power still
Apparently, Bitcoin Indonesia has been meeting with Indonesian government officials. In order to examine the possibility of using Bitcoin as a reserve asset, which might boost the country’s economy. On Monday, Bitcoin Indonesia announced via an X post that they had been invited to the office of the Vice President.
As Bitcoin fell over the weekend and then rose somewhat on Monday, BlackRock’s US-listed Bitcoin fund had its largest outflow since May. Monday was the biggest outflow of $292.5 million for BlackRock’s iShares Bitcoin Trust (IBIT) in two months. On Friday, there was a little outflow as well, ending a
The latest Bitcoin acquisition was disclosed by the Japanese corporation Metaplanet. This purchase is timed to coincide with the beginning of a recovery in the cryptocurrency market as a whole from its recent lows. Regardless of market volatility, this demonstrates institutional confidence. With a total investment of around $53.7 million,
