Sovereign Bitcoin adoption would be the ultimate upside catalyst: Jeff Park
While many crypto market participants are debating what it might take to trigger a significant Bitcoin daily candle, ProCap chief investment officer Jeff Park has narrowed it down to one key catalyst. “A black swan event for Bitcoin upside would be sovereign adoption,” Park said during a podcast interview published to YouTube on Thursday. “If
Bitcoiners perk up as odds of a December Fed rate cut almost double
Bitcoiners were noticeably more upbeat on social media today as the odds of a US Federal Reserve rate cut in December nearly doubled compared to just a day earlier. Some crypto market participants are speculating that this could be the catalyst Bitcoin (BTC) needs to halt the asset’s downward trend. “Let’s see if that’s enough
Bitcoin won’t hit $200K until Q3 2029: Veteran trader Peter Brandt
The recent Bitcoin “dumping” is a positive sign for the asset, but it could take years, not weeks, for Bitcoin to reach that magic $200,000 number. Veteran trader Peter Brandt said he doesn’t see Bitcoin reaching $200,000 before the end of the year as some crypto executives have predicted. In fact, he argues it may
‘Very wide gap’ between XRP and Solana investor interest: Exec
The crypto market is still “very unsure” about which crypto assets to back beyond Bitcoin and Ethereum, according to an executive. The average investor still hasn’t reached a clear consensus on which crypto assets beyond the top two warrant serious attention, according to Anthony Bassili, president of Coinbase Asset Management. “There’s a very, very clear
Crypto index ETFs will be the next wave of adoption — WisdomTree exec
WisdomTree’s head of digital assets, Will Peck, anticipates that exchange-traded funds (ETF) that hold diversified baskets of cryptocurrencies will fill a significant gap in the market in the coming years. “It does seem like that’s going to be one of the next waves of adoption,” Peck told Cointelegraph at The Bridge conference in New York
Bitcoin shows exhaustion as analysts say $125K target unlikely in 2025
Bitcoin’s price appears to be losing steam, which may mean that the more optimistic forecasts for the end of 2025 may not materialize this year. However, analysts are divided on whether Bitcoin (BTC) will see renewed momentum in 2026. “We don’t expect crypto to go any higher than $125K USD in 2025,” ShapeShift analyst Houston
Crypto market sentiment stays in ‘Fear’ following Trump’s deal with China
A widely used crypto market sentiment indicator has remained in uncertain territory despite improved clarity on trade relations between US and China. It comes as US President Donald Trump reached a trade deal with China this week. However, some crypto analysts suggest the announcement could soon have a positive impact on the crypto market. The
‘Ethereum could flip Bitcoin’ like Wall Street flipped gold: Tom Lee
Ethereum could eventually surpass Bitcoin’s market share in a similar manner to how US equities overtook gold 54 years ago, when the US abandoned the gold standard, according to BitMine chair Tom Lee. “Ethereum could flip Bitcoin similar to how Wall Street and equities flipped gold post 71,” Lee said in an interview with ARK
95% of corporate ETH buys happened in Q3 — start of Ether supercycle?
Nearly all of the Ethereum accumulated by public companies to date occurred within a three-month window between July and September, according to recent data. This comes as several crypto executives predict the price of Ether (ETH) will rise by as much as 200% before the end of the year. “95% of all ETH held by
‘Very high chance’ this is the start of the crypto bull market: Trader
Friday’s crypto market plunge may actually mark the early stages of a bull run, a crypto trader said. “I think there’s a very high chance this is the start of the bull market,” crypto trader Alex Becker said in a video published to YouTube on Saturday. “I think selling right now could be the stupidest