Robert Kiyosaki, author of Rich Dad Poor Dad, recently predicted that Bitcoin would soar past $1 million by 2035, alongside gold hitting $30,000 per ounce and silver reaching $3,000 per coin. While many view the forecast as wildly optimistic, some in the crypto space believe it may not be entirely far-fetched. In a post on…
On April 22, 2025, the cryptocurrency market witnessed a significant surge in Bitcoin ETF inflows, marking a pivotal moment for investors and traders alike. According to data reported by Cas Abbé on Twitter, nearly 4,300 BTC, valued at approximately $381.3 million, were purchased by major financial institutions such as BlackRock, Fidelity, Ark Invest, and Grayscale.…
Bitcoin’s (BTC) commanding position in the crypto ecosystem continues to strengthen. When combined with the top two stablecoins by market capitalization — Tether (USDT) and Circle’s (USDC) — these three assets now represent approximately 72% of the total cryptocurrency market. This dominance underscores a broader consolidation at the top of the digital asset market, as…
Bitcoin has now been seeing a consistent price increase, indicating a resumption in upward momentum. So far, the asset has regained some of its losses from its recent period of correction, with its price now trading above $87,000, closing in on the $90,000 psychological level. At the time of writing, BTC trades at $87,361, surging…
Robert Kiyosaki, author of Rich Dad Poor Dad, recently predicted that Bitcoin would soar past $1 million by 2035, alongside gold hitting $30,000 per ounce and silver reaching $3,000 per coin. While many view the forecast as wildly optimistic, some in the crypto space believe it may not be entirely far-fetched.In a post on X…
Spot Bitcoin exchange-traded funds in the United States recorded their highest daily inflows in three months, fuelled by renewed risk-on sentiment after President Donald Trump threatened to fire Federal Reserve chair Jerome Powell. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $381.4 million in net inflows on April 21, over 250% higher…
In an economic context marked by political uncertainties and massive sales of US assets, two protagonists are emerging strongly: Bitcoin and the euro. While the American stock market records heavy losses, these two assets show a surprising resilience against the US dollar, signaling a possible paradigm shift in global capital flows. On Monday, the Dow…
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s (BTC) bullish advance has encountered a resistance zone above $88,000, marked by crucial levels that could make or break the ongoing recovery rally. The resistance cluster’s first and perhaps most critical level is the 200-day simple moving average (SMA)…
US-based Bitcoin exchange-traded funds (ETFs) had their largest day of net inflows since late January, as crypto markets remained buoyant over the Easter weekend. The 11 Bitcoin BTCUSD-tracking funds saw a joint net inflow of $381.3 million on April 21, largely carried by a $116.1 million inflow into the ARK 21Shares Bitcoin ETF (ARKB), according…
Crypto news update: The cryptocurrency market capitalisation on April 22 was at $2.74 trillion, down 0.30 per cent over the past 24 hours, according to data on CoinMarketCap. The total market volume, however, was up 28.69 per cent to $86.64 billion. Further, volume of stablecoins was at $81.9 billion, which is 94.54 per cent of…