Bitcoin News

JPMorgan Chase CEO Jamie Dimon continues to criticize Bitcoin, reiterating his view that the cryptocurrency lacks any inherent value.

Fundstrat’s Tom Lee remains confident that Bitcoin will hit $250,000 by the end of 2025, even after the cryptocurrency recently dipped below $90,000 for the first time this year.

Semler Scientific, a healthcare technology firm, has expanded its Bitcoin reserves with the purchase of 237 BTC for $23 million, at an average price of just over $98,000 per coin.

Bitcoin mining in Russia has surged, with demand for industrial mining equipment tripling compared to the same period in 2023, according to Prime.

Cliff Asness, the co-founder of AQR Capital and a prominent hedge fund manager, remains critical of Bitcoin, labeling it a potential “bubble” with no clear use case.

The U.S. Department of Justice (DOJ) plans to sell $6.5 billion worth of Bitcoin connected to the Silk Road, the infamous dark web marketplace shut down in 2013.

Macro strategist and ex-Goldman Sachs executve Raoul Pal believes Bitcoin may be on the cusp of a significant surge, drawing parallels to its behavior in 2016.