Bitcoin is on the verge of a massive rally as institutional analysts project a $175,000 target driven by surging demand, expanding money supply, and booming wallet adoption—all underpinned by a favorable U.S. regulatory shift and explosive blockchain use cases. Analyst Forecasts Bitcoin to Hit $175K on Three-Factor Growth Surge Institutional confidence in digital assets is
Bitcoin’s BTC$108,532.28 price has made a strong recovery since the October 10 crash, but not everyone is convinced. One notable skeptic is a Bitcoin OG who earned $200 million by shorting BTC ahead of the October 10 sell-off, which was reportedly sparked by President Donald Trump’s aggressive tariff announcement on China. On Tuesday, the whale
Sanae Takaichi was selected as Japan’s 104th Prime Minister yesterday, and her new cabinet has been inaugurated. The appointments of key ministers, including Satsuki Katayama (Finance) and Hisashi Matsumoto (Digital), alongside the new coalition with Nippon Ishin no Kai, will significantly impact the trajectory of the “Tax Reform 2026” sought by the crypto industry. International
Kraken boss David Ripley has fired back against a senior executive of the American Bankers Association, who argued that stablecoins yield is a “detriment” to banks’ abilities to support their community. ABA’s senior vice president of innovation and strategy, Brooke Ybarra, said if major crypto exchanges such as Kraken or Coinbase were allowed to pay
China’s Crypto strategy is turning money into a weapon of statecraft. A recent study published by Study Times—the journal of China’s Central Party School—argued that digital assets now shape warfare and finance. The study described crypto and central bank digital currencies (CBDCs) as tools of “financial mobilization.” They allow states to redirect liquidity when banks
A leading asset management firm, ProShares, has announced its intention to introduce a new crypto ETF that will track the CoinDesk 20 Index. To achieve this, the company seeks approval from the Securities and Exchange Commission (SEC) after submitting a filing to the commission. Meanwhile, reliable sources have noted that this index is crucial in
Bitcoin prices have rallied over the last few days, climbing past $114,000 on Tuesday, October 21 as markets got their risk appetite back. The world’s most prominent digital currency rose to as much as $114,082.29, according to Coinbase data from TradingView. At this point, it was up roughly 10.2% from the multimonth low of approximately
A new report claims that US retail investors are showing increasing favorability to crypto, with adoption growing by 50% this year. Although it’s the largest market, India had even higher rates of grassroots usage. Stablecoins are also growing to unprecedented levels, allowing users convenient on- and off-ramps between TradFi and Web3. Retail hype for digital
BlackRock has officially listed its iShares Bitcoin Exchange-Traded Product (ETP) on the London Stock Exchange (LSE). This comes after the Financial Conduct Authority’s (FCA) decision to ease restrictions on crypto-linked investment products. The ETP, ticker IB1T, allows retail investors to gain exposure to Bitcoin without directly trading or storing the cryptocurrency, offering a simplified entry
The $11 billion Bitcoin whale is back with another massive short position, signaling that some large investors are hedging for more crypto market downside amid the tariff concerns and ongoing government shutdown. The Bitcoin whale, which is crypto slang for a large investor, returned with a $235 million 10-times leveraged short position on Bitcoin (BTC),