Bitcoin News

Standard Chartered’s Geoffrey Kendrick envisions a dramatic rise for Bitcoin, forecasting a price of $500,000 by 2028.

Glassnode reports that Bitcoin’s role as a global asset is growing, with deep liquidity and 24/7 trading making it a key player during economic uncertainty.

Aoifinn Devitt, a senior investment advisor at Moneta, has raised concerns about the widely-held belief that cryptocurrencies, including Bitcoin and Ethereum, can act as a safe haven during times of economic instability.

Bitcoin has seen remarkable growth since the beginning of 2023, even reaching over $108,000 at its peak.

Bitcoin experienced significant fluctuations in January, setting a new record by surpassing $108,000 but later dipping to around $89,000, a level last seen in November 2024.

The cryptocurrency landscape, particularly Bitcoin, is facing significant volatility in 2025, driven by the looming maturation of a staggering $9.2 trillion in US government debt.

Semler Scientific has been steadily increasing its Bitcoin holdings, investing over $88 million in the cryptocurrency over the past several weeks.