Global asset management firm Alliance Bernstein has doubled down on its bitcoin price prediction of $ 150K by mid-2025. “These are still early days of bitcoin’s integration into traditional asset portfolios,” the firm’s analysts described, adding that they are “now more convinced” about their $ 150K price forecast for bitcoin. Bernstein’s $ …
Galaxy Digital CEO Mike Novogratz firmly believes that bitcoin will reach $ 100K this year. “Right now there are more buyers and sellers,” he explained, adding that there is “runaway momentum” in bitcoin exchange-traded funds (ETFs). In addition, he pointed to a “new phase of bitcoin” as the asset class welcomes baby boomers. He …
On Monday, Feb. 26, 2024, Microstrategy’s Executive Chairman, Michael Saylor, shared that his company has expanded its bitcoin holdings by 3,000, elevating its total to 193,000 bitcoins valued at $ 9.88 billion at the current market rates. Microstrategy Invests in Additional 3,000 Bitcoin Microstrategy (Nasdaq: MSTR) now possesses 193,000 BTC, valued at $ …
Bitcoin’s USD value surged to its peak in nearly four weeks, marking the highest point since the launch of spot bitcoin exchange-traded funds (ETFs) on Jan. 11, 2024. On Thursday, bitcoin’s price climbed over 4% against the U.S. dollar, and hit a peak of $ 45,522 per unit. Bitcoin Breaks $ 45K Barrier …
Standard Chartered Bank has doubled down on its bitcoin price forecast of $ 100,000 next year with increased optimism on the timing. “We now expect more price upside to materialize before the halving than we previously did, specifically via the earlier-than-expected introduction of U.S. spot [bitcoin] ETFs,” the bank’s analyst described. Standard Chartered’s Bitcoin …