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Hut 8 Newsroom
Is the "rally of bitcoin" far from over? Wall Street analysts predict it will rise to $0.225 million within two years!
① Mark Palmer, a senior analyst at the New York investment bank The Benchmark Company, expects that bitcoin will rise to 0.225 million dollars by the end of 2026, an increase of approximately 133.5% from current levels; ② Palmer believes that institutional investors' interest in bitcoin will continue to grow in the coming years.
Latest cryptos news | Bitcoin stabilizes at a high of $96,000; hot money inflow! The usa bitcoin etf sets a new monthly inflow record.
According to Bloomberg, as of now, the usa has seen a net inflow of 6.2 billion dollars for 12 bitcoin spot etfs this month, surpassing the previous peak of 6 billion dollars set in February.
Hot money is pouring in! The bitcoin ETF in the USA is expected to set a monthly record for fund inflow.
Due to Trump's support for cryptos, bitcoin, as a digital currency, has historically reached 99,588 dollars per coin, with 12 usa spot bitcoin etfs soon to welcome record monthly net inflows. Bloomberg compiled data shows that as of November, etfs issued by firms such as blackrock and fidelity investments have attracted 6.2 billion dollars in funding. The previous peak inflow of 6 billion dollars was set in February this year, when investors were excited about these products launched at the beginning of the year. A week ago, bitcoin approached the milestone level of 0.1 million dollars for the first time, just about 300 dollars short, due to Trump's commitment to abolish.
Crypto's Big Bang: Hut 8 Skyrocket by Over 150% as Trump's Bitcoin Plan Promises a New Era
Latest crypto news | Optimism spreads! Bitcoin rebounded to $0.097 million at one point; Trump's new government ministerial nominees, more than 5 of them are 'crypto players'.
According to sources, the transition team of the US President-elect Trump has interviewed senior financial regulatory figure and prominent figure in the conservative financial world, Paul Atkins, as a candidate for the chairman of the Securities and Exchange Commission (SEC).
Express News | Hong Kong plans to implement tax reductions on cryptos for private equity and hedge funds.
Express News | Bloomberg: Many analysts predict that BTC may short-term break through 0.1 million US dollars, as the market is in the price discovery stage.
Optimistic sentiment reignited! Bitcoin once rebounded to $97,000, continuing to challenge the $100,000 mark.
Bitcoin is once again making a push towards the $0.1 million milestone.
U.S. stock market closes | All three major indexes fall, Dell plummets over 12% after earnings; Chinese concept stocks warm up, Jinlong Index rises by nearly 3%; bitcoin rebounds sharply, microstrategy rises by nearly 10%.
The Dow ended a five-day rally, falling from record highs along with the S&P; small cap stocks struggled to rebound. Dell and hp inc plummeted over 10% after earnings reports. Chinese concept stocks rebounded by nearly 3%, while Ideal autos surged almost 7%.
Iris Energy, Arrowhead Pharmaceuticals, Urban Outfitters And Other Big Stocks Moving Higher On Wednesday
Latest crypto news | The market in the crypto circle fluctuates significantly, with bitcoin returning to $93,000; analysts say that $0.1 million is a psychologically significant sell-off point, and it is expected that bitcoin will break through $0.1 milli
StanChart's global head of digital assets research, Geoff Kendrick, stated that the recent BTC pullback is mainly influenced by changes in the US Treasury market. He explained that the drop in US Treasury yields has boosted market confidence, potentially temporarily weakening bitcoin's appeal as a hedge tool.
Express News | 21Shares crypto strategist: $0.1 million is a psychologically significant sell-off point, and bitcoin is expected to break through $0.1 million this year.
Bitcoin is just a step away from 0.1 million; when will it knock on the door again after the pullback?
The six-digit key level is a strong resistance level and a psychological selling point. However, even if the pullback deepens, analysts still expect bitcoin to surpass $0.1 million this year.
DOT falls below $10: What will be the next trend?
Polkadot [DOT] has risen 185% from its low point of $3.7 set on November 4th. It has now retraced some of the gains, and the price may further decline.
Shares of Crypto-related Stocks Are Trading Lower Amid a Drop in Bitcoin.
Bitcoin soared, with a high pe ratio: beware of 'irrational prosperity'.
The rubber band has reached its limit.
The increase reached 2.7 times for nvidia! Can 'crypto whale' microstrategy continue to ride the waves?
Since the beginning of this year, microstrategy's stock price has soared nearly 500%, about 2.7 times the increase of nvidia during the same period. Bernstein analyst Gautam Chhugani believes that microstrategy's upward momentum may further expand. He raised microstrategy's target price from $290 to $600, which means there is still a 49% upside potential compared to the current level.
Avalanche Price Forecast: AVAX Trading Volume Surges as Avalanche9000 Upgrade Debuts
Latest cryptos news | Market sentiment has noticeably declined, and bitcoin briefly fell below $0.093 million; MSTR spent another $5.4 billion to buy bitcoin, and institutions have raised its target price to $600.
With the crypto-friendly Trump returning to the White House, in this industry worth 3.2 trillion dollars, Wall Street is ready to launch a new generation of risk-based products to fully meet the tastes of various investors, ranging from novice institutions to stubborn retail investors.
Bitcoin falls from nearly $0.1 million to drop off the 'altar,' experiencing its longest consecutive decline since Trump's victory.
Recently, bitcoin has experienced its longest consecutive decline since Donald Trump won the usa presidential election.