Key Insights Several states are joining the march for a state-level strategic Bitcoin reserve. New Hampshire lawmaker Keith Ammon recently proposed a Bitcoin strategic reserve bill awaiting a final decision. The same has happened in North Dakota, where a similar bill has already received 11 sponsors. CoinShares believes that a strategic Bitcoin reserve in the...
Key Insights Bitcoin and the rest of the Crypto market performed extraordinarily throughout 2024. Crypto hedge funds, in particular, gained a lot of profits between 200% and 50%. The most prominent performers include Tephra Digital, Pythagoras Investments, Eltican Asset Management, and Fasanara Digital. The bull run is far from over, and 2025 will be even...
Key Insights The spot Bitcoin ETF market was established in the US on 11 January 2024. This market has expanded and now has billions in AUM and trading volumes. Spot Bitcoin ETFs continue to take in more Bitcoin than miners can produce, creating a supply shock that could help prices. The Bitcoin ETF market was...
Key Insights Bitcoin is consolidating between $90,000 and $100,000, with its future direction heavily influenced by whether it breaks above $100,000 or falls below $90,000 Ethereum currently trades around $3,400 and is retesting a key trendline. A rebound could drive it upward, but a break below $3,000 may lead to a further decline. XRP is...
Key Insights 2024 has been a massively positive year for Bitcoin, with a YTD increase of $140%. Some of the key drivers of this rally were the spot Bitcoin ETF approval and pro-crypto Donald Trump’s win in the 5 November election. In the future, analysts expect Bitcoin to increase in price despite hurdles ultimately. Possible...
