Bitcoin News

Last Friday, gold hit a record high, exceeding $2,500 per ounce, while Bitcoin struggled to keep pace. This has led to a debate within the financial community about the fundamental differences between the two assets.

Adam Back, CEO of Blockstream, believes Bitcoin is still in the early phases of a bull market and could potentially rise by over 700% this cycle.

VanEck forecasts that Bitcoin miners could generate up to $38 billion in extra revenue by reallocating 20% of their operations towards artificial intelligence (AI) and high-performance computing (HPC).

Real Vision analyst Jamie Coutts forecasts that Bitcoin could see a 200% increase in its current cycle, potentially reaching a six-figure price.

Retail investors continue to lead the way in spot Bitcoin (BTC) exchange-traded funds (ETFs), but institutional interest is growing steadily each quarter, as reported by Vetle Lunde from K33 Research.

Bitcoin’s mining difficulty has seen a notable decrease of over 4% following the latest network adjustment.

A renowned cryptocurrency analyst and trader who accurately predicted Bitcoin’s bottom in 2018 is now expressing optimism about the cryptocurrency