ARK Invest raised its decade-end bitcoin (BTC) price target to as high as $2.4 million apiece after revising its assumptions on active supply, which excludes lost or long-held coins. The largest cryptocurrency by market value was recently trading around $94,000. The bull-projection figure, 60% more than its January 2024 estimate, reflects a 72% compound annual…

U.S. spot bitcoin (BTC) ETFs have recorded approximately $2.8 billion in net inflows over the past five trading days, contributing to driving the price of bitcoin higher from around $85,000 to $94,000. The iShares Bitcoin Trust (IBIT) has accounted for $1.3 billion of these inflows alone. Michael Saylor, Chairman of the largest listed bitcoin holder…

The tide of capital once destined for raw spot Bitcoin has begun to flow through institutional canals, spot exchange-traded funds (ETFs), structured products and wrapped exposure, and while the water is rising fast, the waves aren’t quite the same.  Bloomberg’s senior ETF analyst, Eric Balchunas, pointed out on X that there is a large movement…

Bitcoin (BTC 1.51%) may be the biggest cryptocurrency by market cap, weighing in at $1.85 trillion on April 24, but that doesn’t mean it’s the leader across every metric. In fact, it’s one of the absolute laggards for one data point in particular — and it happens to be the heartbeat of many of its…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the Bitcoin Funding Rate has remained negative during the latest price rally, a sign that short behavior is dominant. Bitcoin Funding Rates Are Red At The Moment In a new post on X, on-chain analyst Checkmate has talked about the…

The price of bitcoin (BTC) price has recovered to $94,000 since hitting lows under $75,000 early this month. The surge is characterized by crypto whales, large investors with substantial capital, snapping up coins from the market, in activity seen as confirming the rally. The renewed demand from whales is evident in Glassnode’s proprietary Accumulation Trend…

A recent study by Swan, a Bitcoin financial services company, has revealed that most alternative cryptocurrencies (altcoins) experience rapid and systemic depreciation when measured against Bitcoin (BTC).  The findings highlight Bitcoin’s role as a more stable asset for capital preservation in the fluctuating cryptocurrency market. Bitcoin vs. Altcoins: Which is Better?  Swan shared its insights…

The cryptocurrency market collectively celebrated Bitcoin’s rise above $100,000. This was a milestone that the community had been yearning for years. As the world’s largest cryptocurrency moved beyond this mark, several industry experts were rushing in to predict the asset’s next move. While some believe that BTC is on its way to hit $1 million,…

Bitcoin-native crowdfunding platform Geyser introduced a Bitcoin Launchpad, a new mechanism designed to gate campaign access through community engagement thresholds rather than immediate fundraising. The update was announced on April 25 via X, targeting early-stage Bitcoin projects seeking visibility prior to launch. Community attention as a new gate to capital The Launchpad mechanism modifies how…

Strategy co-founder Michael Saylor claims that they are now free to begin supporting Bitcoin.  On Thursday, the Federal Reserve announced that it had withdrawn guidance for banks related to assets and token activities.  Prior to this, banking institutions were supposed to notify the Fed if they intended to dabble in the nascent asset class.  From now…