Matt Hougan, Chief Investment Officer at Bitwise, believes Bitcoin (CRYPTO: BTC) could more than double to $200,000 by the end of 2025, provided the Federal Reserve takes steps to stimulate the economy. What Happened: Hougan’s remarks come amid what he describes as a “coiled spring” effect, where positive crypto developments have been overshadowed by macroeconomic […]

El Salvador’s attempt to embrace Bitcoin (CRYPTO: BTC) as legal tender has conclusively proven that the cryptocurrency is not viable as a widespread payment system, according to an analysis by John Paul Koning. What Happened: Even with government support, adoption sputtered, Koning stated in a blog post. Bitcoin’s inherent volatility and impracticality render it unsuitable […]

BlackRock‘s (NASDAQ:BLK) Head of Digital Assets, Robert Mitchnick, on Wednesday said that Bitcoin (CRYPTO: BTC) adoption is still in its “early days”, particularly within the wealth advisory and institutional segments. What Happened: He shared this perspective during an interview with Bloomberg, discussing the firm’s focus for the second year of their IBIT (NASDAQ:IBIT) ETF. Mitchnick […]

Bitcoin (CRYPTO: BTC) could reach $90,000 if Donald Trump secures the presidency, whereas a Kamala Harris win could see Bitcoin stabilizing at a $50,000 floor before any recovery, according to new analysis. These predictions come at a time when both candidates have notably addressed crypto policy, making this election pivotal for the industry. What Happened: […]