Bitcoin to $1.25M? Cathie Wood Explains What Could Drive It

Cathie Wood has raised her long-term Bitcoin forecast to as high as $1.25 million, even as the cryptocurrency trades below key resistance levels during another period of macro uncertainty. Speaking in a recent interview with Fox Business, the ARK Invest…

Bitcoin briefly reclaimed the $78,000 level in a violent short squeeze that added roughly $30 billion to its market capitalization within an hour, before volatility quickly returned. Bitcoin (BTC) ripped roughly $1,400 higher in about an hour on Tuesday, spiking…

Bitcoin fell nearly 10% from its early-May high before reclaiming its monthly open, but Bitfinex analysts say the recovery has so far run out of steam near the weekly open. Long BTC Traders Sit Underwater as Bitfinex Report Points to $79K Breakeven Wall According to Bitfinex’s latest report, the May 23 deleveraging event this weekend […]

Some market watchers have argued that current bond yields may compete directly with BTC for institutional capital.

CME Group has rolled out new futures contracts tied to Avalanche and Sui, extending Wall Street’s regulated crypto derivatives beyond Bitcoin and Ethereum and deeper into the high-throughput layer-1 trade. CME Group, the world’s largest regulated derivatives marketplace, has confirmed…

Australia's stablecoin-friendly regulations could revolutionize retail payments, reducing intermediaries and speeding up transaction settlements. The post Base settles Australia’s first retail payment in AUD stablecoin appeared first on Crypto Briefing.

Cathie Wood Raises Bitcoin Target to $1.25M: What It Means The post Cathie Wood Lifts Bitcoin Target to $1.25M What New Investors Should Know appeared first on 99Bitcoins.

The potential reopening of the Strait of Hormuz could significantly impact global energy prices and influence regulatory approaches to crypto. The post Iran deal could reshape oil markets, and Bitcoin is already pricing it in appeared first on Crypto Briefing.