Bitcoin

Ripple’s CEO Brad Garlinghouse highlighted the rapid growth and strong investor interest in the cryptocurrency world comparing Bitcoin ETF’s significant performance to gold ETFs. The anticipation of the XRP ETF suggests a more bullish outlook not only for XRP but the entire crypto world. Ripple’s CEO Brad Garlinghouse, in a noteworthy observation, stated that Bitcoin ETFs have exhibited an exceptional performance outshining gold ETFs. Contrasting between Bitcoin ETFs and Gold ETFs’ asset accumulation and inflows, Garlinghouse highlights the significant milestone…

Bitcoin could reach $100,000 by the end of the year, according to Mike Novogratz. Key factors include regulatory clarity and potential interest rate cuts by the Federal Reserve. According to Mike Novogratz, founder and CEO of Galaxy Digital, Bitcoin [BTC] is poised to break out of its current trading range and could potentially hit $100,000 or higher by the end of 2024. In a recent Bloomberg interview, Novogratz outlined the factors that could drive this significant price increase. This sentiment…

Over the past two days, Bitcoin ETFs have recorded $1.4 billion in inflows and hit 17 days of positive net flows, with Fidelity leading BlackRock over the past day at $220 million. Bitcoin has failed to respond to the ETF flows, gaining less than 1% in the past day to trade just above $71,000 as most of the market traded sideways. After a hiatus in recent weeks, which led to questions over whether interest had permanently faded, spot Bitcoin ETFs…

The post Bitcoin to $150K if Trump Wins the U.S Election – Standard Chartered appeared first on Coinpedia Fintech News Geoff Kendrick, a Standard Chartered analyst, expects Bitcoin to hit $100,000 ahead of the U.S. Presidential elections and then $150,000 by year-end if Trump wins. He further stated that if Friday’s U.S. Non-Farm Payrolls data is favorable, Bitcoin’s price could reach a fresh all-time high over the weekend, paving the way for $80,000 by the end of June. Kendrick remains…

The US spot Bitcoin Exchange-Traded Funds (ETFs) have been witnessing a historic run of inflows, marking 17 consecutive days of net additions. On a particularly notable Tuesday, these ETFs observed inflows totaling a staggering $886.6 million, ranking it as the second-highest single-day influx since their introduction. This was followed by another significant day of inflows yesterday, amounting to $488.1 million, with notable contributions from major financial players like Fidelity ($220.6 million), Blackrock ($155.1 million), and Ark ($71.4 million). Despite these…

Bitcoin broke out of its bull flag on Wednesday, although the $BTC price has not immediately surged upward. Is this just a short period of consolidation before moving higher, or could this be yet another fakeout? Not cut and dried yet Source: TradingView The first three days of this week have been quite bullish for Bitcoin, and the price increased more than 5%, taking it through the top of the long standing bull flag after its fourth attempt, and where…

Renowned financial author, entrepreneur, and billionaire Robert Kiyosaki recently posted a prediction of $350,000 for Bitcoin by August 2024. Although probably tongue in cheek on the prediction, Kiyosaki had plenty of advice for investors. Robert Kiyosaki has never been known for his reticence or for sugar-coating any of what he has to say about investing, economy, politics, or education. He has very forthright views and is brutally honest in his statements on all these subjects. The Kiyosaki rant He posted…

Three years ago, President Nayib Bukele’s decision to make Bitcoin (BTC) legal tender in El Salvador made headlines around the globe. On September 7, 2021, the “Bitcoin Law” came into effect, making El Salvador the first country to adopt Bitcoin as an official currency. Since then, the nation has experienced significant economic and social shifts, highlighting the impact and potential of this bold move. The Rise and Fall of Bitcoin’s Value: Impact on El Salvador El Salvador’s embrace of Bitcoin…

Franklin Templeton CEO Jenny Johnson predicts that the current phase of Bitcoin exchange-traded fund (ETF) adoption is only the beginning. She suggests another wave is coming as institutions become more comfortable with Bitcoin ETFs. Her insights emphasize the growing potential of Bitcoin ETFs and the transformative impact of tokenizing real-world assets. Institutional Adoption and Future Potential of Bitcoin ETFs In a recent interview with CNBC, Johnson highlighted the success of EZBC, Franklin Templeton’s spot Bitcoin ETF. This fund has amassed…