JPMorgan’s New Bitcoin Target: $165,000 by Year-End
JPMorgan has issued a new Bitcoin price target of $165,000, asserting the cryptocurrency is now undervalued relative to gold.
JPMorgan has issued a new Bitcoin price target of $165,000, asserting the cryptocurrency is now undervalued relative to gold.
Metaplanet has dramatically expanded its Bitcoin reserves with a new purchase of 5,268 BTC for approximately $623 million.
Sweden is considering a radical new use for seized cryptocurrency: building a national treasury.
Spot Bitcoin and Ether ETFs experienced significant investor interest as institutional capital continued to flow into crypto-based products.
Cboe Global Markets, the exchange that first brought Bitcoin futures to the US in 2017 before retreating, is making a significant comeback with a modernized product.
Bitcoin traded flat around $110,000, with minimal momentum as investors turned their attention to the Federal Reserve’s upcoming interest rate decision.
On the fourth anniversary of its landmark law, President Bukele revealed a new purchase of 21 Bitcoin, pushing the nation’s total holdings to over 6,300 BTC valued at nearly $702 million.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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