Category Archives: Bitcoin (BTC)

The Japanese government is reportedly not ready to embrace the idea of adopting Bitcoin as a reserve currency. Satoshi Hamada, a serving member of the House of Councillors, recently urged the Japanese government to follow the U.S. lead by buying Bitcoin with a portion of foreign exchange reserves. However, Prime Minister Shigeru Ishiba has clarified […]

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According to data provided by Barchart, diamond prices have fallen to the lowest level this century.   Simon Gerovich, CEO of Metaplanet, believes that Bitcoin can fix this, pointing to its scarcity. “This is what happens with unlimited supply,” he said in a social media post.  According to a recent report by the South China Morning […]

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Jeff Park, head of alpha strategies at Bitwise Invest, has predicted that the price of Bitcoin might potentially hit $1 million if the US creates a Bitcoin reserve.  “That’s the only math in which Bitcoin can hit $1mm+ in 2025 when it happens,” Park said in a recent tweet.  However, he sees only a relatively […]

The price of XRP, the Ripple-affiliated cryptocurrency, is down more than 6% over the past 24 hours, according to data provided by CoinGecko.  However, according to the 100eyes Crypto Scanner, the XRP/USDT pair has formed bullish divergence on an hourly chart.  This indicates that XRP bulls might potentially see a relief bounce in the near […]

According to David Lawant of FalconX, Bitcoin is on track to experience the largest options expiry to date.  As noted by the anayst, there is a whopping $15 billion of option interest on the line. This sum represents 43% of the total current option interest. This expiry would also be three times larger than the one […]

Hunter Horsley, chief executive officer at Bitwise, has predicted that 2025 is going to be the year of corporate Bitcoin adoption.  “It feels like 2025 will be a big year for new corporates adopting the Bitcoin Standard,” Horsley said on social media.  This comes after Bitwise recently filed for an ETF that tracks firms with […]

This past week, the crypto market has seen massive volatility, while traders follow Michael Saylor’s advice to take a break. The metric, spotted by Santiment, suggests that the 2024 crypto rally has finished. According to the data, the trading volume dropped by 64% to seven-week lows compared to the previous week, which saw Bitcoin hit an […]

Scottie Pippen, one of the biggest NBA legends, has predicted that the Bitcoin price might hit $1 million. You think you’re late to Bitcoin because it hit $100,000. I think I’m early to Bitcoin because it’s $1.7 Trillion Market Cap out of a total $900 Trillion in global assets. Next stop, $1 MILLION $BTC 🔥 […]