Geoffrey Kendrick from Standard Chartered has made another prediction on crypto; this time, he made some statements around Bitcoin that can reach new heights. He predicts that the value of Bitcoin could escalate to $200,000 by the end of 2025 and even $500,000 by 2028. As per the current price of Bitcoin, which is around…
Shares of Bitcoin-linked companies MicroStrategy Inc MSTR, Coinbase Global Inc COIN, MARA Holdings Inc MARA and Riot Platforms Inc RIOT all traded higher Tuesday as Bitcoin surged above $91,000, gaining 3.3%. The move comes potentially amid growing investor sentiment that Bitcoin is evolving into a safe-haven asset — “digital gold” — as U.S. equities and…
00:00 Speaker A It’s time for Yahoo! Finance’s Market Minute. US stocks eyeing a rebound after a bruising day on Wall Street yesterday. Kimberly Clark cutting its full year profit outlook as it faces $300 million of additional cost tied to tariffs. The maker of Kleenex tissues and Huggies diapers said it does not plan…
Bitcoin (BTC) surged to $90,000 for the first time since March 7, adding more than 5% in the past five days as the paths of the largest cryptocurrency and traditional equities diverge. In comparison, the S&P 500 was trading above 5,700 points on March 7 and has since slipped below 5,200. Despite the recent bounce,…
Bitcoin decentralized finance (DeFi) developer Arch Labs raised $13 million in funding toward building “ArchVM,” which the developers say will provide smart-contract functionality on the original blockchain. The funding round, which valued the company at $200 million, was led by Pantera Capital, according to an announcement on Tuesday. Arch’s plans to enable decentralized applications and…
Bitcoin is up in the past week while the Nasdaq dropped. Advocates are celebrating that Bitcoin has “decoupled.” “It’s obviously a ridiculously small time frame,” said Eric Balchunas, Bloomberg ETF expert. Tech stocks and Bitcoin — is the correlation over? While equities have been getting walloped this week as Donald Trump’s erratic policies spook investors,…
How much of Bitcoin’s 2025 momentum is being driven by fundamentals, and how much by macro systems that no longer offer reliable direction? Fragile growth amid policy tightropes The global economy in 2025 is walking a tightrope. The deliberate reengineering of trade rules by the U.S. has created a new layer of uncertainty, making global…
Bitcoin’s BTC/USD status as a non-risk asset is on shaky grounds, according to prominent critic Peter Schiff, who noted its high interdependence with the U.S. economy. What Happened: In a post on X on Monday, Schiff pushed back the idea of Bitcoin as a “non-dollar asset” or a hedge against the dollar, which assumes that…
Bitcoin is on the rise this week. Bitcoin (BTCUSD) rose Tuesday, topping $90,000 for the first time since early March. The move has the estimated total market capitalization of crypto at above $2.8 trillion. (Read Investopedia’s live coverage of today’s markets here.) Several crypto stocks were rising alongside bitcoin. Shares of crypto exchange Coinbase (COIN)…
In brief Since April 2, Solana and Bitcoin have risen 14.5% and 7%, respectively, outperforming other major cryptos. Ethereum and XRP have fallen 10% and 12%, respectively, over the same period, Bitcoin accounts for 60% of the overall crypto market capitalization. Bitcoin isn’t the only cryptocurrency shining bright since the U.S. President Donald Trump slapped…