Corporate execs sell stock at record levels as Bitcoin nears 130% YTD returns
Bitcoin could reach a cycle top of over $160,000 on continued interest rate cuts and macroeconomic improvements in 2025, analysts have predicted.
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Bitcoin could reach a cycle top of over $160,000 on continued interest rate cuts and macroeconomic improvements in 2025, analysts have predicted.
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.
