Bitcoin could hit $160K in 2025, fueled by improving macro conditions
An interest rate cut by the Federal Reserve could help Bitcoin finish the year at “record-breaking levels,” according to Bitfinex’s head of derivatives.
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An interest rate cut by the Federal Reserve could help Bitcoin finish the year at “record-breaking levels,” according to Bitfinex’s head of derivatives.
The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.
Australia has a superannuation system requiring employers to allocate a portion of an employee’s earnings to a retirement account.
Bitcoin policy advocate Dennis Porter recently said he expects states to establish Bitcoin reserves before the federal government.
The US financial regulator is soliciting comments on NYSE’s application to list Bitwise’s cryptocurrency index ETF.
The largest drivers of Travala’s annual revenue spike were flight and hotel bookings, which one can pay using 40 cryptocurrencies.
The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said.
The crypto market smashed a set of new records last week, with Bitcoin surging past $100,000 for the first time and Ether revisiting $4,000.
Sacks also highlighted Bitcoin’s portability as a major feature of the crypto that makes it an attractive option during social turmoil.
Bitcoin’s historic $100,000 milestone comes despite sluggish momentum in oil, gold and the S&P 500 index.
