What will the Bitcoin price be in 2025 and 2045?

December 18, 2024 Coin Telegraph

Bitcoin

Daniele Bernardi shares key insights into the future price of Bitcoin.

Opinion by: Daniele Bernardi, Founder of DIAMAN

Michael Saylor, CEO of MicroStrategy, recently made an interesting statement regarding Bitcoin. His company holds a significant amount of Bitcoin in its treasury, second only to BlackRock, the world’s most prominent asset manager, which has launched a Bitcoin exchange-traded fund (ETF).

According to Saylor, Bitcoin (BTC) will grow at an average annual interest rate of 29% over the next 21 years, and by 2045, in his best-case scenario, Bitcoin will be worth $13 million. Here’s how Michael Saylor outlined his prediction:

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Bitcoin is crashing, but options markets are calling for $111K BTC price by February

December 10, 2024 Coin Telegraph

Bitcoin

$2.9 billion in Bitcoin liquidations happened in December, but the flush out is preparing BTC for new highs.

Bitcoin (BTC) price experienced two episodes of $1 billion or higher futures market liquidations since Dec. 5, albeit its price began and ended the period near $97,000. The latest event moved Bitcoin from $101,430 on Dec. 8 to $94,200 on Dec. 9, a crash that wiped out $2.9 billion in leveraged positions.

Despite the short-term negative impact on sentiment, the Bitcoin derivatives market is presently in a much healthier state, which is precisely what’s needed for a surprise rally to a new all-time high. Traders are less likely to buy during signs of overheated markets, such as an excessive perpetual contract funding rate.

Bitcoin futures aggregate open interest, BTC. Source: CoinGlass

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Bitcoin Price Drops As Microsoft Shareholders Say No To BTC

December 10, 2024 The Daily Hodl

Bitcoin

Microsoft shareholders have voted against a proposal that would essentially force the tech giant’s board of directors to consider buying Bitcoin (BTC). The resolution would have pushed the firm’s board of directors to “conduct an assessment to determine if diversifying the Company’s balance sheet by including Bitcoin is in the best long-term interests of shareholders.” […]

The post Bitcoin Price Drops As Microsoft Shareholders Say No To BTC appeared first on The Daily Hodl.

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Bitcoin price weakens, but BTC derivatives remain healthy

December 3, 2024 Coin Telegraph

BTC

Bitcoin derivatives reflect traders' confidence in the market and suggest the current price action is just a consolidation phase.

Bitcoin (BTC) has struggled to rally above $98,000 from Nov. 25 to Dec. 2, frustrating investors despite achieving a 38% monthly gain. Market participants worry that prolonged consolidation below the $100,000 psychological barrier could embolden bearish strategies to suppress BTC's price.

Bitcoin 2-month futures annualized premium. Source: Laevitas.ch

Derivatives markets suggest resilience, with traders paying a 17% annualized premium for leveraged positions compared to the BTC spot price. While lower than the 40% levels typically observed during strong bull runs, the current premium reflects healthy bullish demand and does not indicate excessive optimism.

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Bitcoin to hit ‘repeated all-time highs’ over next 2 quarters: VanEck

November 15, 2024 Coin Telegraph

Bitcoin

Matthew Sigel, VanEck’s head of digital assets research, says Bitcoin is in “blue sky territory” and expects the cryptocurrency to run up to $180,000 in 2025.

Bitcoin’s record-breaking rise since the United States elections is expected to continue, and investment manager and fund issuer VanEck is targeting a price of $180,000 for sometime next year.

“It is just getting started,” VanEck’s head of digital assets research, Matthew Sigel, told CNBC’s Squawk Box on Nov. 14.

“We’re now in blue sky territory, no technical resistance, and we think we are likely to make repeated all-time highs over the next two quarters,” he added.

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Bitcoin Price Surpasses $79,000 in Abrupt Weekend Melt-Up

November 10, 2024 The Daily Hodl

Bitcoin

The price of Bitcoin (BTC) is going parabolic. BTC has surged from about $76,000 on Friday to $79,373 at time of publishing. The leading crypto asset has forcefully rallied following Donald Trump’s sweeping victory over Kamala Harris last week. Trump has called himself the pro-Bitcoin and crypto candidate, stating he will support the $2.6 trillion […]

The post Bitcoin Price Surpasses $79,000 in Abrupt Weekend Melt-Up appeared first on The Daily Hodl.

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Bitcoin Price Hits New All-Time High As Traders Bet Trump Will Beat Harris

November 6, 2024 The Daily Hodl

Bitcoin

Bitcoin (BTC) just hit a new all-time high of $74,504 as Donald Trump’s odds of winning the presidency surge on betting sites. The online betting site Polymarket now has Trump at a 92.2% chance of winning the election. At time of publishing, NBC News projects Trump has secured 210 electoral votes, with Harris securing 91. […]

The post Bitcoin Price Hits New All-Time High As Traders Bet Trump Will Beat Harris appeared first on The Daily Hodl.

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Bitcoin hits $70K amid huge ETF inflow streak

October 29, 2024 Coin Telegraph

Bitcoin hits K amid huge ETF inflow streak

70k

Bitcoin has topped $70,000, its highest price since June after US-based ETFs surpassed total net inflows of over $22 billion.

The price of Bitcoin has just crossed the $70,000 milestone for the first time since June 10 following two strong weeks of inflows into the United States spot Bitcoin exchange-traded funds (ETFs).

Bitcoin (BTC) jumped by 3% in the last day to a high of $70,150 on Oct. 28 before falling back below $70,000, TradingView data shows.

Bitcoin’s change in price over the 24 hours. Source: TradingView

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Ethereum ETFs would’ve ‘done better’ if launched in January: Bitstamp exec

September 18, 2024 Coin Telegraph

Bobby Zagotta

Bitstamp’s Bobby Zagotta said Ether ETFs came at a “burdened moment” for risk assets but was optimistic things would pick up at the end of the year.

Spot Ether exchange-traded funds (ETFs) would have fared better if they had launched alongside Bitcoin ETFs in January, says the executive leading Bitstamp’s efforts in the United States.

“I think they have not lived up to expectations, but I attribute that to this moment in time,” Bitstamp CEO for the Americas and global commercial chief Bobby Zagotta told Cointelegraph at TOKEN2049.

Bitcoin (BTC) ETFs launched on Jan. 10, 2024, and accumulated net inflows of $17.5 billion over the course of eight months, according to CoinGlass data.

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SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments

September 10, 2024 Bitcoin.com

Bitcoin

The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S. […]

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