Ethereum’s market cap tops Bank of America, while the SEC weighs spot ETH ETF options and DeFi gains traction.
Bitcoin news
Bitcoin is well into price discovery, but that is not stopping market participants from predicting a snap BTC price comedown.
Bitcoin has broken the $79,000 price level for the first time and many traders are sharing the sentiment that “this is just the beginning.”
Bitcoiners don’t fear overvaluation the way stock traders do, says Bitwise Invest’s CEO, after Bitcoin reached new all-time highs this week.
The election of a pro-crypto President and pro-crypto lawmakers in the United States has brought renewed attention to the crypto markets.
The next four years should be ‘highly favorable’ to the digital assets sector, but thoughtful legislation will be critical.
Bitcoin broke through $76,000 following Trump’s election victory, with PlanB’s stock-to-flow model forecasting a $500,000 BTC price within four years.
Bitcoin is “acting weird,” one commentator argues as BTC price gains fail to capitalize on incremental new all-time highs.
MSTR has surged over 486% in the past 12 months, with the company planning to expand its Bitcoin holdings through a $42 billion purchase by 2027.
They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said.