Umer, Author at Klein Funding

Bitcoin’s Path to $200K: Institutional Adoption and Robust Network Fundamentals Set the Stage for Historic BTC Rally

Bitcoin price has several projections to chart a rally above $200,000 in the long term. Network fundamentals and institutional adoption might help accelerate this projection. The price of Bitcoin (BTC) showed a slight uptick in the daily chart, indicating a potential recovery. Amid this development and ongoing market volatility, Bernstein... En savoir plus →

Umer
11 novembre 2024
Bitcoin

Bitcoin Whales Accumulate as Retail Wallets Decline: Bullish BTC Signal Ahead?

Bitcoin wallets with more than 100 or more BTC have increased by 297 in the past two weeks, representing a 1.9% surge against the 0.1% increase of retail wallets within the same period. An institutional-grade research firm has predicted that Bitcoin could hit $200k by the end of 2025. Bitcoin... En savoir plus →

Umer
11 novembre 2024
Bitcoin

Will Bitcoin Repeat the March 2020 Crash? Analyst Warns of Similar Trends

Alan Santana predicts Bitcoin may face a similar capitulation event to the March 2020 crash after 224 days of sideways movement. Bitcoin whales have increased holdings by 1.9% in two weeks, while retail wallets have seen minimal growth. Technical analysis by prominent crypto trader and analyst Alan Santana on TradingView... En savoir plus →

Umer
11 novembre 2024
Bitcoin

Bitcoin-Cardano Bridge Debuts, Connecting Layer-1 Networks via BitcoinOS Grail

Cardano has partnered with BitcoinOS, enabling its DeFi users to access Bitcoin’s liquidity directly, bypassing intermediaries. BitcoinOS is considered as Bitcoin’s ultimate upgrade, it leverages ZK proofs to embed any computation directly into Bitcoin transactions. Cardano, one of the most dominant blockchains, is slowly gaining ground with its rivals as... En savoir plus →

Umer
11 novembre 2024
Bitcoin

Bitcoin Price May Hit Six Figures by 2025, Experts Predict

Ecoinometrics projects Bitcoin could reach six-digit values by 2025 if key factors like strong momentum hold. Bitcoin’s correlation with NASDAQ and on-chain data indicate continued bullish potential for the cryptocurrency. Over the next 12 months, Bitcoin is predicted to show a notable increase, and if present momentum keeps, estimates indicate... En savoir plus →

Umer
11 novembre 2024
Bitcoin

Bitcoin Spot ETFs Attract $402 Million as Ethereum Faces Outflows

Bitcoin spot ETFs saw net inflows of $402 million on October 25, led by BlackRock’s $292 million contribution. Ethereum spot ETFs faced a net outflow of $19.156 million, highlighting shifting investor sentiment. Bitcoin spot ETFs have reclaimed the spotlight following a big inflow of funds on October 25. Bitcoin spot... En savoir plus →

Umer
11 novembre 2024
Bitcoin

Bitcoin Whales Set New Record Holding 670,000 BTC, What’s Next?

Bitcoin whales have accumulated 670,000 BTC, marking an all-time high, signaling potential long-term optimism for the market. Whale accumulation phases typically precede major price movements, with past trends showing similar behavior before bull rallies. According to CryptoQuant, those who own large quantities of Bitcoin—that is, Bitcoin whales—are building BTC at... En savoir plus →

Umer
11 novembre 2024
Bitcoin

BlackRock Buys 34,085 BTC, Pushing Total Holdings Over 400K

BlackRock’s Bitcoin holdings have surpassed 400,000 BTC, indicating strong institutional confidence in the cryptocurrency. BlackRock’s CEO, Larry Fink, views Bitcoin as a distinct asset class, emphasizing its growing role in institutional portfolios. With its Bitcoin holdings already over 400,000 BTC, BlackRock, the biggest asset management company, keeps causing waves in... En savoir plus →

Umer
11 novembre 2024
Bitcoin

Florida’s New Move: Adding Bitcoin to State Reserves for Diversification

Florida’s CFO proposes Bitcoin to diversify state reserves, positioning it as “digital gold” to hedge against volatility. The proposal includes a pilot program to assess Bitcoin’s feasibility in state pension funds, keeping Florida ahead in innovation. Florida is taking significant moves to diversify its state reserves, with a new proposal... En savoir plus →

Umer
11 novembre 2024
Bitcoin

Bitcoin Market Alert: China and Saudi Arabia’s $1 Billion ETF Partnership Could Shift US Liquidity

The China-Saudi ETF partnership signals a strategic move to shift liquidity from US-dominated markets, potentially affecting Bitcoin ETF inflows in the U.S. Saudi Arabia’s new Hong Kong-linked ETF, launched with $1.2 billion, could encourage regional investors to favor local markets over U.S. options. Following a recent Crypto Rally event reported... En savoir plus →

Umer
11 novembre 2024
Bitcoin

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