Bitcoin braced for further gains toward $120,000 after finishing the week in the green above $115,000, new price analysis concluded. Key takeaways: Bitcoin’s weekly close above $115,000 signals bullish strength. BTC’s bull flag breakout could trigger a rally to $120,000. Read more
Bitcoin headed into the Fed interest-rate cut with analysis bullish on the macro outlook, but traders split over new BTC price highs. Bitcoin (BTC) traders geared up for volatility as crypto heads into the US Federal Reserve interest-rate decision. Bitcoin bulls have a clear resistance level to overcome at $117,000 as the week gets underway. All eyes are on the Fed as markets unanimously expect the first interest-rate cut of 2025 to come on Wednesday. Read more
Bitcoin lacks momentum into the weekly close as a trader says now is the "time to pay attention" to BTC price behavior ahead of the Fed rate-cut decision. Key points: Bitcoin drifts toward $115,000 into the weekly close ahead of a key macro week. BTC needs a weekly close above $114,000 to stay “bullish,” analysis says. Read more
Capital Group has turned a $1 billion bet on Bitcoin treasury stocks into $6 billion, with major holdings in Strategy and Metaplanet. Capital Group, a 94-year-old mutual fund powerhouse known for its conservative investment approach, has grown a $1 billion position in Bitcoin-related stocks into more than $6 billion. Mark Casey, a portfolio manager with 25 years at Capital Group, led the firm’s move into Bitcoin. Casey, who describes his investment style as shaped by Benjamin Graham and Warren Buffett, has become an advocate for Bitcoin (BTC), according to a Sunday report by The Wall Street Journal. “I just love Bitcoin, I just think it is so interesting,” Casey said during a podcast interview with venture firm Andreessen Horowitz. He called Bitcoin “one of the coolest things that has ever been created by people,” per the WSJ report. Read more
Wall Street veteran Jordi Visser says Bitcoin allocations in traditional finance portfolios "will go higher" next year. Wall Street veteran and macro analyst Jordi Visser is forecasting that US financial institutions are set to ramp up their Bitcoin allocations before the year is out. “Between now and the end of the year, the allocations for Bitcoin for the next year from the traditional finance world are going to be increased,” Visser told Anthony Pompliano during an interview published to YouTube on Saturday. “I think Bitcoin’s allocation number will go higher across portfolios,” Visser said. “That is going to happen,” he emphasized. Read more
Bitcoin market forecasts see the chance for BTC price action to pass current all-time highs next thanks to a combination of demand and bull market patterns. Key points: Bitcoin futures markets fill a CME gap from mid-August, the latest sign of market strength. Bulls must avoid turning that level into resistance, or new local lows await, analysis says. Read more
Bitcoin miners’ current rate of accumulation mirrors a pattern that fueled a 48% rally in 2023, but macroeconomic risks could cap BTC’s gains. Key takeaways: Strong Bitcoin miner and corporate BTC accumulation fuel speculation on BTC price surpassing $140,000. Investors’ rising inflation expectations and weakening consumer sentiment could prevent BTC from hitting new highs. Read more
Gen Alpha will grow up with Bitcoin as a cultural and financial native, making it their default store of value over traditional gold investments. Opinion by: Darius Moukhtarzadeh, Research Strategist at 21Shares Gold has long been considered the ultimate store of value — shiny, scarce and time-tested. For Gen Alpha, however, the first generation truly born into a digital world, that shine is already starting to fade. Read more
Explore Michael Saylor’s Bitcoin playbook, Strategy’s debt-fueled purchases and the future outlook of corporate crypto investing. Michael Saylor transformed MicroStrategy from a business intelligence firm into the world’s largest corporate Bitcoin holder. Saylor’s conviction redefined corporate strategy, turning volatility into opportunity through long-term, dollar-cost averaging purchases. His approach set the standard for institutional Bitcoin adoption despite concerns over dilution and debt. Read more
Africa has its first Bitcoin treasury company, but its utility goes far deeper than publicly-listed stocks tied to BTC holdings on a balance sheet. Bitcoin treasury companies are in vogue, and Africa has its first trading on the Johannesburg Stock Exchange. While the launch of Africa Bitcoin Corporation promises to attract billions of South African rand from capital markets, its founders believe Bitcoin’s impact on the continent remains in grassroots, retail adoption. South Africa’s Altvest Capital grabbed headlines as it rebranded to Africa Bitcoin Corporation (ABC), the first publicly-listed company actively building a Bitcoin (BTC)-based treasury on the continent. The company has a long-term goal to raise $210 million to buy Bitcoin using preferential share offerings and structured debt notes in the mould of the UK’s Smarter Web Company. Altvest announced its pivot into Bitcoin in February. Read more
Bitcoin’s short-term path hinges on a $4.3 billion options expiry. Bulls are favored, but weak jobs data and doubts over AI profitability could add uncertainty. Key takeaways: Bitcoin’s $4.3 billion options expiry favors neutral-to-bullish bets, with a $175 million edge if prices stay above $113,000. Macroeconomic uncertainty, including weak US employment data and AI sector doubts, could determine Bitcoin’s short-term trajectory. Read more
Bitcoin price action gets lively as US CPI data conforms to expectations, but traders are anything but unified on short-term price targets. Key points: Bitcoin nears three-week highs as US CPI data matches expectations. Plenty of market participants see Bitcoin heading higher as aresult, perhaps after a dip to trap late longs. Read more