Bitwise CIO: Trump’s crypto reserve is good news for the market
Crypto market prices have dipped following US President Donald Trump’s proposed crypto strategic reserve because it holds more than Bitcoin Trump announced on Sunday, the reserve would hold Bitcoin, Ethereum, XRP, Solana, and Cardano Matt Hougan, Bitwise’s CIO, lists three factors the market isn’t considering following the news Bitwise’s CIO has said that US President […]
56% of advisers more likely to invest in crypto after Trump win: Bitwise survey
More than half of wealth advisers in the United States surveyed by Bitwise say they’re more open to investing in cryptocurrency after Trump won the US election in November.This post was originally published on this site
Bitcoin ETFs roar back with second day of $900M+ inflows
While the spot Bitcoin ETFs smashed industry expectations in 2024, the products finished poorly with outflows in six of the last eight trading days.This post was originally published on this site
Bitwise predicts 2025 as year for crypto IPO — Kraken, Circle to go public
Bitwise has predicted that in 2025, Bitcoin could hit $500,000, Coinbase will enter the S&P 500 and AI agents will drive the next “memecoin mania.”This post was originally published on this site
‘We’re Heading to 6-Figure Bitcoin’ — What’s Driving This Bold Prediction
Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity […]
‘We Go Higher Fast’ — Bitwise CIO Predicts Bitcoin Breakout as Investors Fear Being Left Behind
Bitcoin’s sharp rally has Bitwise CIO Matt Hougan rethinking how fast the crypto could skyrocket, as investors rush to position themselves ahead of the next big surge. “People don’t want to be left behind if and when crypto takes off,” he stressed. “There is a lot of dry powder on the sidelines.” He predicted: “As […]
Bitwise CIO: Three things are needed for Bitcoin’s “melt-up” to $80,000 in Q4
Matt Hougan has said three factors will push Bitcoin to $80,000 by the end of 2024 Hougan indicated that the US election is a big deal for crypto Altcoins could also help bolster the melt-up case for Bitcoin achieving new highs Bitwise’s CIO has indicated three things that could see Bitcoin achieving highs of $80,000 […]
Bitwise CIO: More financial advisors are “allocating to crypto”
Only 10% to 20% of financial advisors admitted to owning crypto in their portfolios Now, roughly, 70% indicated they did The approval of Bitcoin ETFs and the Fed’s rate cut are bullish signals that may have changed that In a client memo, Bitwise’s CIO said that a “wave of the most powerful people in finance […]
Bitwise CIO Highlights Bitcoin’s Role as a Hedge Against U.S. Public Debt
Matt Hougan, CIO of Bitwise, one of the world’s largest crypto fund managers, referred to the value of bitcoin as a hedge against the U.S. debt and the decline of the dollar. In social media, Hougan stated that bitcoin was an instrument that allowed investors to put funds in the market taking public debt into […]
‘Silly’ to shade Ethereum, the ‘Microsoft of blockchains’ — Bitwise exec
Ethereum is still home to the most active crypto developers and is the most attractive chain to build applications on top of for big companies, argues Bitwise’s Matt Hougan.This post was originally published on this site