Browsing: Bitcoin

The Federal Reserve hiked interest rates for the first time since 2023 on Wednesday and it sent the bitcoin price — briefly — all over the place.

Financial advisor Ric Edelman states that the debate over investing inBitcoin(CRYPTO: BTC) mirrors the 1999 skepticism surrounding Amazon.com Inc.(NASDAQ:AMZN), predicting the digital asset will become a widely held portfolio asset.

U.S. spot Ether and XRP ETFs recorded fresh outflows on Thursday even as Bitcoin climbed above $77,000 and major cryptocurrencies extended their recovery.

Bitcoin ETFs could eventually become much larger than gold ETFs, according to Bloomberg senior ETF analyst Eric Balchunas.

Matthew Sigel, VanEck’s head of digital assets research, told CNBC on September 18 that Bitcoin could rise to $100,000 next year. He said concerns about US government debt and fiscal sustainability are supporting the cryptocurrency’s price.

On September 2, Equitable Holdings (NYSE:EQH) added the industry’s first bitcoin-linked investment option to a registered index-linked annuity, a striking move for products built around downside protection rather than crypto speculation. The new SCS Premier option tracks the iShares Bitcoin Trust ETF (NASDAQ:IBIT), giving retirement savers a way into bitcoin’s swings without going all in.…

A setback in the U.S. Senate for the Clarity Act, a digital-asset market structure bill, has put expectations for a Bitcoin rebound to the test. But some analysts say passage of the measure should not be viewed as the decisive condition for further gains. Bitcoin already has the infrastructure for institutional investment, and its price…

The U.S. Treasury’s Office of Foreign Asset Control has identified and sanctioned an Iranian bitcoin exchange linked to the “Hormuz Safe Marine Services Authority,” a front company that enables the Islamic Revolutionary Guard Corps’ fee-for-transit scheme for the Strait of Hormuz. 

JPMorgan analysts say Bitcoin could see stronger price support than gold if ETF hedging eases, as short interest in BlackRock’s IBIT reaches its highest level of 2026. ByJose Oramas

Gerald Podobnik, co-head of Deutsche Bank’s corporate bank, said in a statement on Wednesday that “digital assets are not a replacement for the traditional financial system but an important complement to it,” as Germany’s largest bank confirmed it will begin holding bitcoin and ether for institutional clients in Europe before the end of the year.…