Day: February 17, 2025

Bitwise CEO Explains Why Bitcoin is Going to Reach $1M

boss

On Feb. 17, 2025, Bitwise Invest CEO Hunter Horsley took to X to state we underestimate Bitcoin. He listed reasons why Bitcoin is close to wide adoption and a $1,000,000 value. He challenged everyone to offer counterarguments, creating a neat digest of the main problems on the way to the moon. 2025 “is going to be a watershed year” In a series of X posts Horsley claimed he has never been more optimistic about Bitcoin before and outlined several reasons why this year we are going to witness Bitcoin taking…

Bitcoin Mining’s Power Brokers: A Deep Dive Into the Top 15 Companies and Their Financial Architects

boss

Institutional investors now hold pivotal stakes in 15 major cryptocurrency mining firms, with asset managers like Vanguard, Blackrock, and Fidelity steering ownership across an increasingly competitive sector. Inside the Top 15 Bitcoin Mining Firms Dominated by Finance Heavyweights Institutional investors are rewriting the rules of the cryptocurrency mining sector. Vanguard, Blackrock, and Fidelity now command […] Original

Analyst Predicts Blow Off Top To $3,300 In One Week, Here’s Why

boss

Este artículo también está disponible en español. The Ethereum price is showing strong signs of a potential breakout, as an analyst predicts a surge to $3,300 in just one week. This forecast shows Ethereum’s projected successful breach of a key resistance level, indicating an imminent price recovery to new highs.   Analyst Projects Ethereum Price Recovery To $3,300 Ted Pillows, a crypto analyst on X (formerly Twitter), has shared a super bullish projection for the Ethereum price despite its recent downturn. The analyst projects that ETH can reach $3,300 in just…

Metaplanet Expands Bitcoin Holdings With Additional Purchase of 269.43 BTC

boss

Metaplanet announced on Monday that it has acquired an additional 269.43 BTC, valued at approximately $26.4 million (¥4 billion). This latest purchase brings the company’s total holdings to around 2,031 BTC, which is worth about $196 million at current prices. With an average purchase price of around $80,700 per bitcoin, Metaplanet’s overall investment in bitcoin […] Original

XRP Set To Outshine Gold? Analyst Predicts 1,000% Surge

boss

Este artículo también está disponible en español. A well-known analyst made an intriguing assumption about the rise of XRP, saying that it could potentially outdo the Philadelphia Gold and Silver Index. Egrag Crypto predicted that XRP could rise by 1,000% against the gold and silver index as the analyst sees the crypto replicating a run it made in 2017. Related Reading A Looming Crypto Run In a post, market analyst Egrag Crypto noted that indicators are showing that the altcoin could potentially make a bull run similar to what it…

QCP Insights: Bitcoin Dominance Hits 60% as Altcoins Struggle Amid Market Stagnation

boss

Bitcoin’s market dominance has surged to nearly 60%, reaching a four-year high as ethereum and altcoins continue to underperform. With low volatility and macroeconomic uncertainty, traders remain cautious, awaiting concrete policy shifts. Correlation Between Bitcoin and Equities Remains Strong Due to Macroeconomic Uncertainty Bitcoin is once again asserting its dominance, climbing to 60% market share, […] Original

Are Meme Coins Hurting Solana? Rising Selling Pressure Sparks Investor Concerns

boss

Este artículo también está disponible en español. Solana has faced increasing selling pressure and negative sentiment as the broader meme coin market continues to decline, impacting overall market performance. Analysts suggest that excessive speculation on meme coins is a key reason why altcoins, including Solana, are underperforming compared to Bitcoin. The hype-driven nature of these tokens has led to extreme volatility, making investors more cautious about altcoin exposure. Related Reading Meme coins are now seen as a risk factor for Solana’s ecosystem. A recent rug pull involving LIBRA, a meme…

Former Rep. Says Bitcoin is No Debt Solution, But Blockchain is Useful

boss

Former Rep. Adam Kinzinger pushed back on the idea that cryptocurrency could pay off the U.S. national debt, arguing that while blockchain has practical applications in government and finance, Bitcoin is not a viable solution for economic stability. In a recent interview hosted by Saxo to mark President Donald Trump’s first 30 days in power, crypto.news was invited to submit questions. Kinzinger emphasized that while cryptocurrency may have a role in the financial system, it is not a solution for tackling national debt. “Is crypto going to play a role?…

Bitcoin’s Final Million: 20 Million BTC Milestone to Precede 2028 Halving

boss

Not long ago, the Bitcoin blockchain released 94.42% of its total supply, leaving only—or 174,583.24 bitcoins—to be mined until 20 million are in circulation. Calculations indicate that this milestone will be reached before the fifth Bitcoin halving, expected to occur in April 2028. Algorithmic Scarcity: Bitcoin Nears 20 Million The commonly cited total supply of […] Original

Cardano Price Eyes Impulse Move After Bearish RSI Divergence Was Invalidated, Here’s The Target

boss

Este artículo también está disponible en español. The Cardano price is currently eyeing an impulsive move to the upside following the invalidation of a bearish Relative Strength Index (RSI) divergence. In his analysis, crypto analyst Melika Trader revealed how high ADA could rally following this bullish channel formation.  Cardano Price Eyes Impulsive Move To The Upside In a TradingView post, Melika Trader predicted that the Cardano price could rally to between $0.90 and $0.94 as it eyes an impulsive move to the upside. The analyst observed that ADA recently experienced…