Could Bitcoin surpass $100,000 as investor interest grows?
Chris Sullivan sees bitcoin’s future growth tied to reallocation trends in global investment portfolios.
Chris Sullivan sees bitcoin’s future growth tied to reallocation trends in global investment portfolios.
The digital assets industry is now a full-blown political issue, and Wall Street firms with crypto exposure are staying cautious ahead of November's U.S. election. Whether the next election will result in Donald Trump or Kamala Harris occupying the Oval Office for the next four years, one thing Wall Street firms agree on is that either nominee will bring crypto regulation forward.
The crypto landscape is currently navigating a complex terrain of stringent regulatory challenges and optimistic market developments. With Kamala Harris's advisors—Brian Deese and Bharat Ramamurti—continuing the administration's tough stance on crypto, regulatory pressures are expected to remain high. However, despite these hurdles, the market shows resilience, with robust trading activity and increasing institutional investments highlighting its enduring potential.
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report said.
Five Bitcoin-centric stocks in focus are: NVDA, COIN, SQ, IBKR, HOOD.
From the US moving $600M in Bitcoin to TON going parabolic, here is a 4-minute breakdown of everything important that happened in crypto today.
LatAm cryptocurrency exchange Bitso uses Coincover for better digital asset protection.
Bitcoin could soar in price over the next decade. But that's not the only reason billionaires are buying Bitcoin.
Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up.