Day: March 4, 2025

Bitcoin mining stocks present ‘compelling buying opportunity, analyst says

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The recent crypto market downturn has created a prime buying opportunity for Bitcoin mining stocks, according to H.C. Wainwright & Co. analyst Mike Colonnese. In a research note to investors dated March 4, Colonnese argued the sharp pullback in Bitcoin (BTC) and mining stocks as temporary, while maintaining a bullish long-term outlook for BTC. Bitcoin’s recovery Tuesday afternoon means the largest coin by market cap is down around 5.6% in 2025, while Bitcoin mining stocks have plummeted by around 25%. Colonnese attributes the selling pressure to macroeconomic issues, rather than…

Solana upgrades will strengthen network but squeeze validators — VanEck

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Solana’s planned protocol upgrades are important for the network’s long-term health but could deal a blow to validators’ earnings, according to asset manager VanEck.  In March, Solana’s validators will vote on two proposed upgrades — known as Solana Improvement Documents (SIMDs) — to the blockchain protocol designed to ensure rewards for stakers and adjust the inflation rate for the network’s native SOL (SOL) token.  Both proposals have generated “significant controversy” because they stand to slash validator revenues by as much as 95%, potentially imperiling smaller operators, VanEck digital asset research…

What to expect at Donald Trump’s crypto summit

Since US President Donald Trump’s AI and crypto czar, David Sacks, announced plans for the White House to host a summit featuring industry leaders and policymakers, many are questioning what the focus of the event will be. On March 7, according to Sacks, “prominent founders, CEOs, and investors from the crypto industry” will meet with members of Trump’s working group on digital assets at the White House, presumably to discuss policy issues related to crypto and blockchain and a potential regulatory framework. The announcement preceded the US president’s intention to…

As Trump tanks Bitcoin, PMI offers a roadmap of what comes next

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The first six weeks of US President Donald Trump’s second administration have been a wrecking ball for cryptocurrency markets.  Since peaking above $109,000 on Inauguration Day, Bitcoin (BTC) crashed to a low of around $78,000 in late February before swiftly rebounding to $96,000 a few days later on Trump’s crypto reserve plans. However, 24 hours later, those gains were completely reversed in a move that some have attributed to outright market manipulation.  Despite the short-term volatility, Bitcoin’s trajectory moving forward can be better understood through the lens of the business…

Bitcoin ‘Won’t Stop at $150K’ This Year, Research Firm Chief Says

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Este artículo también está disponible en español. A well-known market analyst believes Bitcoin is on track to reach new highs this year. Tom Lee, the co-founder of Fundstrat Global Advisors, expects the cryptocurrency to do “better than $150,000” by the end of 2025. Related Reading His latest comments come as Bitcoin struggles with recent volatility but remains a popular investment choice among institutional and retail traders. The co-founder of Fundstrat expressed his opinions on CNBC’s Squawk Box, referencing a variety of favorable fundamentals for the price of Bitcoin. Bitcoin Volatility…

Michael Saylor Envisions Market Cap Climbing To $200 Trillion

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Este artículo también está disponible en español. In a recent interview with CNBC, Michael Saylor, co-founder of Strategy, reiterated his bullish outlook on Bitcoin (BTC), predicting the cryptocurrency could reach a staggering $200 trillion market cap.  Saylor Forecasts $10 Million Per Bitcoin Currently valued at about $2 trillion, Saylor believes Bitcoin’s trajectory will see it grow to $20 trillion and eventually hit the $200 trillion mark, translating to an approximate price of $10 million per BTC based on its capped supply of 21 million coins. Saylor attributes this potential growth…

Blockstream to Launch 3 Funds After Securing Multi-Billion Dollar Investment

Bitcoin development firm Blockstream is launching three investment funds, including two focused on crypto lending, the company announced Tuesday. The crypto company co-founded by legendary bitcoin (BTC) developer Adam Back plans to launch a fund that underwrites Bitcoin-backed loans and one that allows for crypto borrowing with U.S. dollars as collateral while a third fund would deploy hedge fund strategies, according to a tweet. Bloomberg reported earlier that the company had secured several billion dollars in funding to launch these funds, citing anonymous sources. The crypto lending business had been…

Blockstream secures multi-billion investment for Bitcoin lending funds

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Blockstream, a provider of Bitcoin-powered financial infrastructure, has secured billions of dollars in investment as it prepares to launch its crypto lending funds. The Bitcoin (BTC) developer platform, which raised millions of dollars in debt financing in 2024, also noted that its crypto-backed fund will now go live early April. Bloomberg reported details of Blockstream’s multibillion-dollar investment on March 4, 2025. Led by co-founder and chief executive officer Adam Back, Blockstream will use the investment to roll out three funds, two of which focus on crypto lending. “With institutional demand…

Bitcoin miners languish amid crypto market rout — JPMorgan

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Bitcoin (BTC) mining stocks are struggling as declining cryptocurrency prices add further pressure to business models strained by the Bitcoin network’s April halving, according to a JPMorgan research note shared with Cointelegraph.  Mining stocks tracked by JPMorgan collectively shed 22% in market capitalization in February as Bitcoin’s falling price eroded mining economics, the March 3 report said.  Mining stocks such as Riot Platforms (RIOT), Bitdeer (BTDR), Marathon Digital (MARA) and Core Scientific (CORZ) reported their fourth-quarter 2024 earnings in February. Virtually all of them saw post-earnings stock price declines, including…