Bernstein Research Predicts Bitcoin Surge to $200K by Late 2025
Bitcoin could soar to $200,000 by the close of 2025, as the cryptocurrency steps into what Bernstein Research describes as “a new institutional phase,” according to an October 22 report. Bernstein’s comprehensive 160-page analysis explains how Bitcoin mining is expected to undergo significant consolidation in the coming years, a point echoed by Matthew Sigel, VanEck’s […]
Tesla Reports No Bitcoin Sales in Q3
Tesla released its Q3 2024 earnings on Oct. 23, confirming that it held onto its $184 million in digital assets throughout the quarter, marking the fifth consecutive quarter without selling any cryptocurrency. The company’s financial results showed revenue slightly down at $25.18 billion compared to $25.5 billion in Q2. However, Tesla’s net income saw a […]
Trump’s Election Win Could Propel Bitcoin to $92K, Claims Bitwise Executive
A top executive from Bitwise, a crypto asset management firm, predicts that Bitcoin could surge to as high as $92,000 if Donald Trump wins the upcoming U.S. presidential election. On October 22, Jeff Park, Bitwise’s head of alpha strategies, shared his insights in a post on X. He explained that by tracking Bitcoin’s price movement […]