The price of Bitcoin soared 119% in 2024, and the bulls have been out in full force, making predictions about where the cryptocurrency is headed.
The world's leading cryptocurrency may reach $160,000 later this year, and even jump to $240,000 in a best-case scenario, according to an expert.
Brian Armstrong, CEO of Coinbase, has revealed that former U.S. President Donald Trump is excited about the idea of a strategic Bitcoin Reserve.
Bitcoin, other cryptocurrencies and even the newly minted token bearing Donald Trump's name cooled on Tuesday, after the U.S. president's first set of policies following his inauguration made no reference to the asset class.
This means that a conservative view is for Bitcoin to rise almost 900% to reach gold's market cap. But it's reasonable to expect the digital asset's price to increase even more over time. That makes buying Bitcoin while it's at $95,000 a once-in-a-decade opportunity.
Binance CEO Richard Teng told CNBC he sees “much clearer regulation” in the U.S. this year, adding this will be supportive for crypto markets.
Gary Gensler has described crypto as the Wild West and one observer said markets are likely to see just that under new leadership in D.C.
January 2025 marked the first anniversary of U.S Spot Bitcoin [BTC] ETFs. This groundbreaking development revolutionized both the cryptocurrency landscape and traditional finance. Approved by the U.S.
Circle chief executive Jeremy Allaire thinks President Donald Trump will enable banks to trade crypto assets. In a new interview with Reuters, Allaire predicts Trump will sign a flurry of executive orders (EOs) enabling banks to hold digital assets in portfolios, trade them and offer crypto services to wealthy customers.
President Trump’s launch of meme coins sparks criticism, with concerns over legitimacy in the crypto industry. Despite promises of lighter regulations, the move dampened enthusiasm among crypto supporters and industry leaders.
Trump is also still expected to issue executive orders that will further promote Bitcoin adoption, Reuters and other media outlets have reported.