Cathie Wood's Bitcoin forecast highlights potential shifts in institutional adoption and regulatory landscapes, impacting crypto's future role. Cathie Wood predicts Bitcoin could surge 1,665% by 2030.
Ki Young Ju cites rising Accumulation Address inflows, easing OG whale selling, and a new buyer base
Michael Saylor has reignited speculation about a new bitcoin acquisition by Strategy. Indeed, he published on October 4 a chart tracing the company's purchases.
A bitcoin fund targeting three times its futures benchmark's daily performance has secured SEC listing approval. The ruling covers a broader commodity lineup and preserves exchange oversight and brokerage obligations as the sponsor pursues market access.
The past three weeks have been quite different for the funds.
The market structure is significantly different today, said one of the analysts we talked to.
Spot Bitcoin ETFs took in $134.4 million over the first two trading days of October, rebounding from a Sept. 30 outflow as a weak jobs report cooled Fed rate-hike bets.
The Kobeissi Letter painted a bleak picture of wealth distribution in the US, arguging that the country is increasingly becoming an economy divided between asset owners and everyone else.
Michael Saylor has hinted at another Strategy Bitcoin purchase after the company raised its holdings to 847,666 BTC with a $143M buy.
The products target triple daily futures-benchmark returns before fees, while registration effectiveness and a first trading date remain unconfirmed.
More volatility is expected on Monday morning after the latest weekend developments on the matter.
When you hold a dollar stablecoin, somebody else may be earning interest on the assets backing your balance, while a company borrowing to buy Bitcoin has to find the money to pay its lenders. Both businesses are crypto-native, but a higher interest rate can reward the first and eat into the economics of the second.