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Here’s Why Bitcoin’s Not Keeping Pace With Nasdaq

Here’s Why Bitcoin’s Not Keeping Pace With Nasdaq

Bitcoin has declined 6% in one week even as Nasdaq rallies to fresh record highs.

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Bernstein analysts raise bitcoin price target to $200,000 by end of 2025

Analysts at research and brokerage firm Bernstein have raised their price target for bitcoin to $200,000 from $150,000 by the end of 2025.

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Trezor launches Safe 5 crypto hardware wallet, including a bitcoin-only version

Crypto hardware wallet manufacturer Trezor has unveiled a trio of new products at BTC Prague 2024, designed to encourage self-custody.

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Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy

The broker initiated coverage of the stock with an outperform rating and a $2,890 price target.

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Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC

BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.

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Zapper plans utility token for new protocol focused on on-chain data

Zapper has planned the launch of the ZAP token in Q4, which will incentivize user participation in the protocol.

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US spot bitcoin ETFs experience net outflows of $226 million led by Fidelity’s FBTC

Grayscale’s GBTC reported net outflows of $62 million, and Ark Invest and 21Shares’ ARKB saw $53 million move out from the fund yesterday.

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Riot Platforms raises Bitfarms stake to 14%, buys another $3.87 million worth of shares

Bitcoin miner Riot Platforms acquired 1,432,063 shares of Bitfarms for about $2.70 per share, or about $3.87 million.

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Former Goldman Sachs Exec Joins Anchorage Digital’s Board of Directors

Crypto custody firm Anchorage Digital has added Connie Shoemaker, a former Goldman Sachs executive, to its board of directors.

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Ripple argues for lower fines than SEC’s proposed $2 billion, cites Terraform settlement to make its case

Ripple Labs is looking to leverage fines recently lodged against Terraform in an effort to pay a lower penalty in its case with the SEC.

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