Topeka, Kansas-based Bitwise’s chief executive McLeod has recently predicted Bitcoin would one day hit a $50 trillion market capitalization. This strident prediction fueled lively discussion with our experts as to the cryptocurrency’s potential. Whether it can ever reach that much market cap is the big question.Bitwise’s flagship Bitcoin ETF, BITB,...
Since the April 2024 halving, Bitcoin’s total daily energy value has skyrocketed to a dizzying $130,000. For whatever reason, though, today it’s a 40% discount to its intrinsic value. Spot Bitcoin ETF purchasing has blown up this week leading to a staggering +$3 billion in inflows. This enormous enthusiasm spurred...
Bitcoin today is trading at a significant discount, even though its Energy Value just recently reached over $130,000. And market analysts are watching this divergence like hawks. Although Bitcoin’s value fell back under $92,000, it has since recovered to over $94,400. cryptocurrency still appears tremendously undervalued when calculating against its...
Bitcoin, the most popular of all cryptocurrencies by a huge margin, just recently went through its fourth halving on April 19, 2024. This roughly four-yearly event is known as a ‘Halving’, and it cuts the reward miners receive for creating new blocks in half. Some Bitcoin enthusiasts even looked forward...
Bitcoin’s limited supply of 21 million tokens still stokes controversy and speculation in the cryptocurrency community. As it stands today, with just under 19.85 million Bitcoin already mined and circulating the globe, there are only about 1.15 million left to be mined. The final Bitcoin is expected to be mined...
Consider bitcoin halvings, repetitive events that happen roughly every four years that have a consistent track record of serving as a springboard for major price increases. In Bitcoin’s case, these halvings cut the block rewards that miners receive in half, slowing the rate at which new Bitcoin is released. The...
Ignacio Tesón is an economist and financial analyst with more than seven years of experience in emerging markets. Recently, he shared his thoughts on Bitcoin’s changing role in the financial industry today. Teson’s take, published Apr. 25, 2025, is timely as the cryptocurrency marches toward more mainstream acceptance and adoption...
Bitcoin is back, baby, bitcoin is back in a big way! It has continued to peak over the $90,000 threshold, propelled by bullish support from on-chain metrics and institutional inflow. Long-term holders are adding to their positions, while Bitcoin ETFs are seeing record net inflows. Bitcoin targeting $100,000 and generating...
Bitcoin price has blasted right through key resistances, up six days in a row so far. This rosy momentum is occurring as all of crypto starts to mirror a wider market macroeconomic macros. With Bitcoin’s price surging above $94,000 in the wake of the rally, the new market sentiment appears...
Specifically, Bitcoin, Ethereum, and Dogecoin all saw massive price surges resulting in huge short liquidations across the crypto market. Bitcoin pushed past the $92,000, $93,000 and $94,000 levels in rapid succession, hitting its highest price in two months. Ethereum made significant gains too, rising above $1,700 and then $1,800, with...
