Bitcoin

The post Emojis No Longer Appear with Bitcoin and Crypto Hashtags on X appeared first on Coinpedia Fintech News Automatically generated emojis no longer accompany bitcoin and crypto hashtags on X. Crypto users on X started to comment early Friday that they could no longer see emojis when posting #bitcoin on the service. Some later found out that hashtags for #bnbchain and #cryptocom, which also showed emojis, no longer display the brand images. As of Friday’s European hours, an emoji…

American investment management firm VanEck has set an astonishing price target for Bitcoin (BTC), the world’s largest cryptocurrency. This forecast, which seems almost inconceivably high compared to most market predictions, has garnered significant attention. Despite the ambitious forecast, VanEck’s research team has presented a comprehensive rationale explaining why they believe such a substantial price increase is attainable.    VanEck Predicts Bitcoin Valuation For 2050 On July 24, VanEck published a report, outlining the teams’ assumptions for a bull scenario in which…

After its latest halving event, Bitcoin sent a positive signal throughout the crypto market. Historically, this big drop in supply has been connected to notable price gains, which has inspired investor hope. The halving, which cut the rate at which new Bitcoins were made, has actually slowed the flow of new Bitcoins into the market. This sudden drop in supply, along with growing interest from institutions and wider use, is likely to push Bitcoin prices up. Many investors are attentively…

The cryptocurrency market has bounced back today on Friday after yesterday’s correction. The Bitcoin price is up by nearly 5% over the past 24 hours and is trading at $67,300 at press time. Unsurprisingly, BRC-20 tokens are showing significant strength owing to BTC’s recovery, with both SATS and ORDI up double digits. Bitcoin Layer-2 token Stacks has also climbed up by nearly 9%.  #SectorOfTheDay#BRC20 sector is trending today with ? 7%!? $SATS +16%? $RATS +12%? $ORDI +10% #Ordinal Trade now…

The post VanEck Predicts Bitcoin Price Could Reach $2.9 Million By 2050 appeared first on Coinpedia Fintech News Asset manager VanEck, an issuer of spot bitcoin (BTC) and ether (ETH) ETFs, says that BTC’s price may reach $2.9 million by 2050, assuming some high hurdles are cleared. Mathew Siegel stated that Bitcoin is the ultimate hedge against rising fiscal recklessness. If VanEck’s predictions come to pass, bitcoin’s price will increase in value by 44 times, gaining 16% annually from its…

The post Jersey City Municipal Pension Plan To Invest In Bitcoin via ETFs appeared first on Coinpedia Fintech News According to the latest social media post, the municipal pension plan of Jersey City, New Jersey, will soon invest in Bitcoin via ETFs. Fulop, who has been the mayor of Jersey City since 2013, took to X to announce the forthcoming investment and shared that the question of whether crypto/Bitcoin is here to stay, is largely over and that crypto/Bitcoin won.…

The post U.S. Presidential Candidate RFK Jr. “Fully Committed To Bitcoin” appeared first on Coinpedia Fintech News The Independent presidential candidate Robert F. Kennedy Jr. doubled down on his support for Bitcoin at the BTC 2024 conference in Nashville. He claimed to be a huge supporter of Bitcoin and that most of his wealth is in Bitcoin. Earlier this year Kennedy spoke at CoinDesk’s Consensus conference in Austin, Texas where he had said that crypto is key to ‘transactional freedom’.…

The post Japanese Financial Giant Gearing Up For Bitcoin ETFs appeared first on Coinpedia Fintech News SBI and Franklin Templeton have partnered to jointly create a cryptocurrency management company. This company will be able to launch a Bitcoin ETF in Japan as soon as there is regulatory approval. In the joint venture, SBI Group will hold a 51% stake, while Franklin Templeton will own the remaining part. After their disruptive success in the U.S., Bitcoin exchange-traded funds now seem to…

During the industry day of the annual Bitcoin conference in Nashville, Tennessee, Robert Kennedy Jr., an independent candidate for the US presidency, unveiled an ambitious financial policy plan that could transform the United States into the world’s largest holder of Bitcoin. The policy centers on the strategic acquisition of Bitcoin, valued at $619 billion, to match the current US gold reserves. This move, according to Kennedy Jr., is aimed at redefining monetary policy and enhancing fiscal discipline within the federal…