Michael Saylor Predicts Bitcoin Will Hit $150,000 by Late 2025
Michael Saylor, co-founder and executive chairman of Strategy, the largest corporate holder of Bitcoin, believes the top cryptocurrency could soar to $150,000 before 2025 ends. Speaking with CNBC during the Money 20/20 conference in Las Vegas, Saylor described the past year as “probably the best 12 months in the history of the entire crypto industry.” […]
Fed cuts rates by 25 bps, but markets barely react as move was already priced in
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) reduced interest rates by 25 basis points on Wednesday, setting the new Federal Funds target range at 3.75%–4%. The decision came as no surprise to investors, who had largely priced in the rate cut well before the announcement. According to Matt Mena, market strategist at 21Shares, […]
Bitcoin dips as Wall Street hits new highs ahead of Fed decision
Bitcoin faced renewed selling pressure on Wednesday as U.S. equities reached fresh record levels, just hours before the Federal Reserve’s latest interest rate decision. Bitcoin tests support amid volatility According to TradingView data, Bitcoin hovered around $113,000, struggling to recover from a sharp sell-off that began during Tuesday’s U.S. trading session. The failed attempt to […]