Bitcoin: Reasons long-term holders remain unfazed by $1.3B in ETF withdrawals
US Investors Pull Back from Bitcoin as Sentiment Shifts It appears that traditional investors in the U.S. are dialing back their investments in Bitcoin. They’ve been offloading their holdings through fund managers after the cryptocurrency struggled to deliver notable gains in recent weeks. The majority of these sales originated from U.S. spot Bitcoin exchange-traded funds […]
Gold surpasses $5,000 while bitcoin lingers around $87,000, highlighting the growing divide in macro and cryptocurrency trends.
Good morning, Asia. Here’s what’s making news in the market: Welcome to Asia Morning Briefing, your daily snapshot of key news from the US and an update on market activity and analysis. Bitcoin is currently around $87,000 in early trading in Hong Kong, reflecting a hesitant market grappling with internal supply issues. Meanwhile, gold’s rise […]
Bill Miller: Bitcoin Might Reach $1.7 Million If Seen as ‘Digital Gold’
Bitcoin as Digital Gold? Bill Miller IV, Chairman and CIO of Mirror Value Partners, has put forth an intriguing prospect regarding Bitcoin. He suggested that if it were to be recognized as “digital gold,” its value could skyrocket to an impressive $1.7 million per coin. This comes at a time when gold prices are soaring, […]
Is a Bitcoin Supercycle Really Coming? Analyst Forecasts $31K Low in 2026
Bitcoin Supercycle Predictions and Market Analysis Recent discussions about a potential Bitcoin supercycle in 2026 have gained traction, especially after ex-Binance CEO Changpeng “CZ” Zhao shared his forecasts for the upcoming year. But, a well-known analyst on social media has raised some eyebrows about these predictions. On January 25th, crypto trader Ali Martinez posted on […]
Bitcoin price update: BTC below $88,000 before Fed week and major tech earnings
Bitcoin Experiences Decline Below $88,000 On Sunday, Bitcoin dipped below the $88,000 mark, continuing a downward trend that affected the cryptocurrency market last week. It seems brokers were less active during the weekend, leading to a somewhat muted trading atmosphere. By the afternoon in the U.S., BTC was hovering around $87,800, down roughly 2% over […]
Colombia’s second-biggest pension fund will provide access to Bitcoin.
Colombian Pension Fund to Launch Bitcoin Investment Fund AFP Protección, the second-largest private pension and retirement fund manager in Colombia, is set to introduce an investment fund focused on Bitcoin. Juan David Correa, the president of Protección SA, confirmed this development during an interview with Valora Analytique, a local news outlet. He mentioned that access […]
Bitcoin payments restricted by tax regulations, not by technology issues: Crypto executive
The Challenge Facing Bitcoin Pierre Rochard, who is the director at Strive, a Bitcoin finance company, pointed out that current tax policies are acting more like a payment system rather than focusing on improving technology for quicker and cheaper transactions. “Think of it this way: if the best athlete competes, they can easily beat the […]
Evening summary: Bitcoin drops under $90K, Amazon job cuts increase, gold reaches record levels
Market Updates and Geopolitical Developments Tonight’s update dives into the intersection of shifting markets and global politics. The recent trilateral meeting in Abu Dhabi between President Zelenskiy, the U.S., and Russia produced a spectacle rather than any meaningful advancements, as established territorial disputes seem to solidify into a permanent deadlock. In the world of business, […]
Bitcoin Might Hit $1 Million as Cryptocurrency Enters ‘Super Cycle’ by 2026, According to Changpeng Zhao
Binance Founder on Future of Cryptocurrency Market Qiao Changpeng, the founder of Binance, has suggested that the cryptocurrency market may be on the brink of a long-term growth trajectory, potentially moving away from Bitcoin’s typical four-year boom-and-bust cycles. In a chat with CNBC at the World Economic Forum in Davos, Zhao highlighted a global shift […]
Cathie Wood: Bitcoin is poised for a surge after the mildest decline in a four-year cycle.
Investment Insights from Cathie Wood on Bitcoin’s Future Ark Investment’s CEO, Cathie Wood, recently shared her optimistic outlook on Bitcoin during a CNBC appearance. She highlighted that the current four-year cycle downturn is, intriguingly, the shallowest observed in history, suggesting that conditions might be ripe for significant upward movement. Wood noted that Ark primarily gains […]