Bitcoin News

Bitcoin’s enigmatic creator, Satoshi Nakamoto, may still control a staggering fortune in BTC, with estimates placing the holdings at over $107 billion, according to blockchain analytics firm Arkham.

BlackRock is preparing to introduce a Bitcoin Spot Exchange-Traded Fund (ETF) in Europe, marking a significant expansion of its cryptocurrency offerings beyond the United States.

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.