Goldman Sachs significantly expanded its Bitcoin ETF holdings in Q4 2024, increasing its stake in the Ishares Bitcoin Trust ETF (IBIT) by 88% to $1.27 billion, according to its latest SEC filing. The firm also boosted its investment in the Fidelity Wise Origin Bitcoin Fund (FBTC) by 105%, now holding $288 million in shares. While […] Original
Bitcoin could soar to $1.5 million by 2030, Ark Invest’s Big Ideas 2025 report predicts, citing surging institutional adoption, resilient market demand, and its growing role as “digital gold.” Ark Invest’s Bold Bitcoin Price Predictions Ark Investment Management (Ark Invest) unveiled its “Big Ideas 2025” report earlier this month, highlighting key technological and financial trends […] Original
Over the last hour, bitcoin held steady between $96,850 to just above $97,000, backed by a $1.92 trillion market cap, as traders weigh $12.95 billion in daily volume on Sunday against a narrow 24-hour range of $96,731 to $97,744. The leading crypto asset’s muted volatility shows a market in limbo, balancing technical indecision with pivotal […] Original
The Best Wallet (BEST) token presale has gone viral, racing past the $10 million mark. That kind of early success has traders buzzing about the project’s potential. With its mix of secure wallet features and DeFi tools, could BEST be 2025’s next crypto gem? Best Wallet Features and the Buzz Around the BEST Token Best […] Source CryptoX Portal
The SEC seeks a 28-day extension to respond to Coinbase’s appeal, citing ongoing crypto regulatory reviews. With a leadership shift under Trump, the agency’s stance on crypto is evolving. SEC Requests Extension in Coinbase Appeal The U.S. Securities and Exchange Commission (SEC) filed a motion on Feb. 14, requesting a 28-day extension to respond to […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news over the past week. In this week’s edition, President Nayib Bukele met Strategy’s Michael Saylor to discuss bitcoin, Sam Altman’s World is forced to stop operations in Brazil, and the Brazilian stock exchange will add solana and ether futures this […] Source CryptoX Portal
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Nearly two dozen US states are exploring legislation to establish strategic Bitcoin reserves, signaling a significant shift in how public funds approach cryptocurrency. Investment management firm VanEck estimates that if these bills are enacted, the states could collectively acquire around 247,000 BTC, valued at approximately $23.7 billion at current prices. Why are states investing in Bitcoin? State-managed funds are considering Bitcoin (BTC) for several reasons: Inflation Hedge: Often called “digital gold,” Bitcoin has long been touted as a safeguard against currency devaluation. Diversification: Cryptocurrencies, in general, operate independently of traditional…
Dubai’s Virtual Asset Regulatory Authority (VARA) has issued a warning to investors and consumers about the risks of memecoins, which are highly speculative and volatile assets often subject to market manipulation. Memecoin Issuers Face VARA Scrutiny Dubai’s VARA has warned investors and consumers to be wary of advertisements promoting memecoins. In an alert issued Feb. […] Source CryptoX Portal
Este artículo también está disponible en español. XRP experienced a brief rally after the US Securities and Exchange Commission acknowledged Grayscale’s XRP ETF filing, momentarily causing bullish momentum. Although the surge has since slowed down, it has once again brought the $3 price level into focus. However, technical analysis suggests that XRP remains on track for higher price targets above $3. Related Reading Building on this outlook, crypto analyst Egrag Crypto has projected that XRP could be heading toward $15 and possibly $17, citing the strength of its current market…