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  • Bitcoin hard drive containing $780m lost forever as UK landfill site is set to close

    Bitcoin hard drive containing $780m lost forever as UK landfill site is set to close

    metaplanet-buys-bitcoin
    • James Howells lost his court battle against Newport City Council in January
    • The judge ruled that there were “no reasonable grounds” for succeeding at a full trial
    • Today, Howells’ Bitcoin would be worth around $780 million

    A UK landfill site where a man lost his hard drive containing 8,000 Bitcoin is reportedly set to close in the 2025-26 financial year.

    The site, in Newport, Wales, “has been in exploitation since the early 2000s and is coming to the end of its life, therefore the council is working on a planned closure and capping of the site over the next two years,” said a council spokesperson.

    According to the BBC, a solar farm will be built on part of the site after it received planning permission last August.

    Lost battle

    In January, James Howells lost his court battle against Newport City Council to recover his lost hard drive. In 2013, his former partner mistakenly threw it out in a black bin bag.  Judge Keyser KC, the Circuit Commercial Judge for Wales, dismissed Howells’ case. At the time, Keyser stated there were no “reasonable grounds” for succeeding at a full trial.

    Over the last 12 years, Howells tried to engage with Newport City Council to recover his lost hard drive, but was “largely ignored.”

    At the time of his loss, his assets – that he mined in 2009 – were worth around $1.3 million. Today, they would be valued at over $780 million.

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  • Bitcoin price prediction 2025 – Will institutional inflow drive growth?

    Bitcoin price prediction 2025 – Will institutional inflow drive growth?

    The cryptocurrency market was bullish in 2024. Bitcoin, the leading cryptocurrency by market cap, added over 140% to its value last year, outperforming other major assets, including Gold (26%) and S&P 500 (23%). 

    Last year’s rally saw Bitcoin break past the $100k mark for the first time in its history. This article will explore Bitcoin’s price performance so far this year and how far it can go. 

    Bitcoin Hit a New All-time High on Jan. 20

    New year, same Bitcoin. The leading cryptocurrency by market cap continued where it left off in 2024. The Bitcoin price surged to a new all-time high on January 20th after hitting the $109,114 mark. 

    The market has been volatile since then, with BTC slipping below $98k on Monday, January 27th. However, it has since recovered and now trades above $102k per coin. If the bullish momentum resumes, Bitcoin could set a new all-time high in the coming weeks or months. 

    How High Can Bitcoin Go?

    Bitcoin has already set a new all-time high in 2025, but many analysts believe it could go higher in the coming months. The predictions differ, ranging from $150,000 to $250,000.

    However, some macroeconomic factors could determine how high Bitcoin’s price could go in 2025. Here are the factors.

    inflation/ Interest rate

    The inflation and interest rates in the United States usually play a huge role in the Bitcoin price outlook. A low inflation rate will see the Federal Reserve decrease interest rates to stimulate the economy and try to raise inflation levels to their target range. The lower the interest rates, the higher the price of assets like Bitcoin and Gold. 

    The Federal Reserve is expected to cut interest rates twice in 2025, which could be bullish for Bitcoin and other major assets.

    Retail and Institutional Adoption

    2024 saw significant liquidity from institutional investors into Bitcoin and the trend could continue this year. Michael Saylors’ MicroStrategy leads the way and has already spent billions of dollars this year in adding bitcoins to its holdings.

    Thanks to the launch of Bitcoin ETFs last year, more players are also getting into Bitcoin. BlackRock’s ETF, now the fastest-growing in history, has simplified access for institutional investors. The growing participation indicates Bitcoin’s appeal to retail and institutional players. 

    A Possible U.S. Strategic Reserve

    There are talks of a possible digital assets strategic reserve in the United States. Donald Trump’s activeness in the crypto space in recent months has amplified this prediction.

    If the United States launches a digital assets reserve with Bitcoin at the helm, BTC’s price could surpass the $200k average prediction in 2025. 

    Top Analysts Forecasts

    Bitcoin has gone mainstream, so several leading analysts in the global financial markets are focusing on it. Some of these analysts shared their predictions for the Bitcoin price in 2025. 

    Markus Thielen, head of research at Matrixport, is bullish on BTC’s price prediction, setting it at $160,000 before the end of the year. He told CNBC that,

    “This outlook is supported by sustained demand for Bitcoin ETFs, favorable macroeconomic trends, and an expanding global liquidity pool. Bitcoin’s growing base of dip buyers and robust institutional support is expected to mitigate severe corrections.”

    Alex Thorn, head of research at crypto-focused asset manager Galaxy Digital, is also bullish, predicting BTC’s price to hit $185k in 2025. He said,

    “A combination of institutional, corporate, and nation-state adoption will propel Bitcoin to new heights in 2025. Throughout its existence, Bitcoin has appreciated faster than all other asset classes, particularly the S&P 500 and gold, and that trend will continue in 2025. Bitcoin will also reach 20% of Gold’s market cap.”

    Finally, Geoffrey Kendrick of Standard Chartered expects institutional flows into Bitcoin to continue, predicting Bitcoin’s price could hit $200,000 in 2025. He stated that,

    “Even a small allocation of the USD 40tn in US retirement funds would significantly boost BTC prices. We would turn even more bullish if BTC saw more rapid uptake by US retirement funds, global sovereign wealth funds (SWFs), or a potential US strategic reserve fund.”

    Bitcoin has already hit a new all-time high in 2025. Do you see it going higher or do you predict a market correction in the coming months?

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  • UK judge says there’s no “reasonable grounds” for success with Bitcoin landfill hard drive case

    UK judge says there’s no “reasonable grounds” for success with Bitcoin landfill hard drive case

    • Upon hearing the judge’s decision, Howells said “it’s the great British justice system striking again”
    • Howells lost his hard drive in 2013 when it was accidentally thrown away at the tip
    • He has been trying to engage with Newport City Council for 12 years to recover his hard drive, but says he’s been “largely ignored”

    James Howells has lost his case to recover a lost Bitcoin hard drive from a Welsh landfill that’s now worth around $740 million.

    Howells accidentally threw out his hard drive containing 8,000 Bitcoin in 2013 during a household clearout. At the time, he had two hard drives of the same size: one was blank while the other contained his Bitcoin.

    He mistakenly put the one containing the Bitcoin into a black bin bag, which his then-girlfriend took to the tip. At the time of his loss, his assets – that he mined in 2009 – were worth around $1.3 million.

    In October, Howells sued Newport City Council for $646 million in damages after being denied access to the landfill due to environmental concerns.

    Now, Judge Keyser KC, the Circuit Commercial Judge for Wales, has dismissed Howells’ case, stating that there are no “reasonable grounds” for succeeding at a full trial, reports the BBC.

    A 12-year battle

    Upon hearing the decision, Howells said he was “very upset,” adding “it’s the great British justice system striking again.”

    Over the past 12 years, Howells said he has been trying to engage with Newport City Council to recover his lost hard drive, but has been “largely ignored.”

    A court filing states Howells hard drive is located in Cell 2, Area 2 of the Docksway landfill. Yet, despite promises to safely excavate the Newport site and to modernize the landfill, the council have rejected Howells’ requests to dig due to “environmental concerns.”

    Howells’ lawyers claim that the council have “simply ignored” that 10% of Bitcoin could bring “a huge and desperately needed investment in the local community.”

    The judge’s decision comes as Bitcoin soared past $100,000 for the first time at the beginning of December, pushing to an all-time high of more than $108,000.

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  • Bitcoin firm Blockstream secures $210m to drive layer-2 growth

    Bitcoin firm Blockstream secures $210m to drive layer-2 growth

    • Blockstream will use the $210 million debt funding to boost adoption of its layer-2 solutions
    • The company will also utilise the funds to add to its mining operations and treasury.

    Blockstream, a Bitcoin infrastructure company founded by industry OG Adam Back, has announced it raised $210 million to fund various aspects of the company’s business.

    Firm eyes L2 growth, mining and Bitcoin treasury

    Blockstream said in a press release on Oct. 15 that the convertible note round, led by venture capital firm Fulgur Ventures, will help to fast-track the adoption of its layer-2 platforms. Blockstream will also use part of the funding to boost its mining operations ahead of “the next Bitcoin market cycle.”

    In August 2023, the firm raised $125 million that it used to expand its mining as the market looked to the 2024 Bitcoin halving that happened in April.

    As well as the L2 initiatives, which includes the Liquid Network sidechain launched in 2018, Blockstream is eyeing further growth by using the funding to purchase more BTC. The company is one of the largest holders of Bitcoin.

    “This latest fundraise represents a defining moment for Blockstream as we embark on a critical new phase of growth to further bridge the gap between Bitcoin and the wider world of finance,” said Blockstream co-founder and CEO Adam Back.

    As well as the debt funding, Blockstream announced that it had expanded its leadership with a new appointment. Michael Minkevich will now steer the company’s next growth phase as the chief operations officer. The new COO formerly worked at publicly-traded firm Luxoft as a product engineer lead.

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  • UK man sues council after denying requests to dig for lost Bitcoin hard drive in landfill

    UK man sues council after denying requests to dig for lost Bitcoin hard drive in landfill

    Crypto.com sues the US SEC after Wells notice
    • James Howell has been trying to get his lost hard drive back for 10 years
    • Howell mined 8,000 Bitcoin on his laptop after learning about Bitcoin in 2009
    • The council have denied Howell’s requests to dig due to “environmental concerns”

    A 39-year-old man is suing Newport City Council for $646 million (£495,314,800 million) in damages after losing his hard drive at a recycling center containing 8,000 Bitcoin.

    James Howell accidentally threw out his hard drive in 2013 during a household clearout. According to WalesOnline, Howell had two hard drives of the same size. One was blank, while the other contained his Bitcoin.

    He mistakenly put the one containing the Bitcoin into a black bin bag, which his then-girlfriend took to the tip. At the time of his loss, his Bitcoin was worth around $1.3 million (£1 million). However, within three months, their value had risen to around $11.7 million (£9 million).

    Howell has reached an agreement, leaving him with 30% of his Bitcoin if the hard drive is found. The remaining would be split between his backers, the recovery team, and the council.

    Howell states that despite meeting a representative of the council in 2013, he’s been “largely ignored.”

    “I’m still allocating 10% of the value for the council even though they have been problematic throughout,” he said. “That would be £41m based on today’s rate but in the future, it could be hundreds of millions.”

    Environmental concerns

    A court filing states that Howell’s hard drive is located in Cell 2- Area 2 of the Docksway landfill.

    If the hard drive is located, the dig would take around 18 to 36 months followed by 12 months of remediation work. Yet, despite promises to safely excavate the Newport site and to modernize the landfill, the council have rejected Howell’s requests to dig due to “environmental concerns.”

    Howell’s lawyers claim that the council have “simply ignored” that 10% of Bitcoin could bring “a huge and desperately needed investment in the local community.”

    Lawyers for the council argue that the hard drive belongs to the council because it was dumped at the tip. However, Howell’s lawyers deny this, claiming that the hard drive was never intended to be thrown away.

    Howell said he didn’t want to go to court, but “this is the final shot.”

    The case is expected to be heard in December.

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  • Bitcoin drive crypto market surge; buzz builds around Monero and this emerging memecoin

    Bitcoin drive crypto market surge; buzz builds around Monero and this emerging memecoin

    In the ever-evolving landscape of cryptocurrencies, Bitcoin has again taken centre stage with a surge that has captivated investors worldwide. 

    Alongside this bullish momentum, attention is also turning towards alternative cryptocurrencies like Monero and Rebel Satoshi ($RBLZ), each offering unique features and investment potential. Let’s delve into the latest developments driving excitement in the crypto sphere.

    Bitcoin’s resurgence

    Bitcoin, often regarded as the pioneer and forerunner of the cryptocurrency market, has experienced a remarkable surge in recent days. Surpassing the $63,000 mark for the first time since November 2021, Bitcoin’s price trajectory has reignited optimism among investors. 

    With a nearly 20% increase this week alone, Bitcoin’s resurgence has propelled its price to near its all-time high, tantalizingly close to $68,982.20.

    Monero: privacy champion

    Amidst the Bitcoin frenzy, Monero (XMR) has emerged as a significant player, garnering attention for its emphasis on privacy and anonymity. Launched in 2014, Monero aims to facilitate transactions privately and anonymously, distinguishing itself from other cryptocurrencies like Bitcoin by employing advanced cryptography to obscure senders and recipients.

    Monero’s unique privacy features have positioned it as a leading choice for users seeking enhanced privacy and security in their transactions. By prioritizing privacy and security over ease of use and efficiency, Monero ensures that all users, regardless of their technical proficiency, can engage in transactions without fear of censorship or surveillance. Monero’s commitment to privacy makes it an attractive option for those prioritizing anonymity in their cryptocurrency transactions.

    Rebel Satoshi ($RBLZ)

    In the midst of Bitcoin’s surge and Monero’s privacy-centric approach, Rebel Satoshi ($RBLZ) has emerged as something of a rising star in the crypto space. Rebel Satoshi is generating significant buzz among investors with a presale that has already raised $2.5 million. 

    Built on the Ethereum network, Rebel Satoshi offers a secure investment opportunity backed by audited smart contracts from a top auditing firm, Source Hat. This is why some analysts are predicting it could be the best memecoin right now.

    Why invest in Rebel Satoshi?

    Rebel Satoshi’s commitment to safety, evidenced by the Source Hat audit, has convinced some investors that it is the best cryptocurrency to invest in at the moment. With previous presale rounds selling out quickly and discussions underway for tier 1 centralized exchange (CEX) listings, Rebel Satoshi presents a compelling investment proposition. 

    The community’s active involvement in developing the Rebel Satoshi ecosystem post-launch further adds to its appeal as a top crypto investment to consider.

    The presale has sold out

    The Rebel Satoshi Presale has now sold out with tokens available at the listing price of $0.025 from UniSwap.

    Rebel Satoshi will also go live on CoinStore on March 4, 2024.

    Final thoughts

    As Bitcoin drives the crypto market surge, attention is also turning towards alternative cryptocurrencies like Monero and Rebel Satoshi ($RBLZ). While Monero offers enhanced privacy and anonymity, Rebel Satoshi presents a promising investment opportunity with its upcoming launch and active community involvement. 

    With opportunities abound in the crypto space, investors are encouraged to explore these top crypto options for long-term investment potential. Whether you’re a seasoned investor or a crypto beginner, staying informed about the best cryptocurrency to invest in today can pave the way for a prosperous future.

    For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.

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  • Ethereum and Bitcoin drive crypto market surge; Pullix PLX token presale nears end

    Ethereum and Bitcoin drive crypto market surge; Pullix PLX token presale nears end

    • Ethereum (ETH) surged above $3400, driven by Bitcoin’s rise.
    • Pullix pre-sale ending soon; PLX to list on Uniswap, BitMart.
    • Investors eying Ethereum (ETH) and Pullix (PLX) amid the bullish crypto market.

    The cryptocurrency market is experiencing a significant surge, propelled by impressive gains in Ethereum (ETH) and Bitcoin (BTC). Ethereum has seen a remarkable increase of over 17% in the last week, reaching $3,470.73.

    Ethereum’s price surge can be attributed to the generally bullish sentiment in the crypto market largely attributed to the positive performance of Bitcoin, which has surged by 21% since Monday, trading at $62,807.02 at the time of writing.

    As the cryptocurrency market witnesses a bull cycle, the presale of Pullix’s native token is a few days to its end awaiting listing on two crypto exchanges.

    Ethereum’s price surge and market dynamics

    Ethereum’s recent price surge is a testament to its resilience and growing popularity in the cryptocurrency market.

    With a surge of over 10% in the past two days, ETH has demonstrated strong momentum, driven by bullish market sentiment and increasing demand from investors. The major driver behind Ethereum’s rise, as with other altcoins, remains Bitcoin, which continues to dominate the market and influence price movements across the board.

    Factors such as the growing adoption of decentralized finance (DeFi) applications and the upcoming Ethereum 2.0 upgrade, which aims to improve scalability and security, have also contributed to Ethereum’s positive performance.

    Additionally, Ethereum’s role as a platform for decentralized applications (dApps) and smart contracts further enhances its utility and value proposition, attracting both developers and users to the ecosystem.

    Pullix: introducing a new hybrid crypto trading platform

    Amid the cryptocurrency market surge, Pullix emerges as a promising player in the space.

    Pullix is a new DeFi protocol that is launching a hybrid exchange, seamlessly blending the strengths of centralized and decentralized exchanges into one unified platform. The platform introduces the concept of “Trade-to-Earn,” empowering users to earn a portion of the daily revenues generated by the exchange through its native token, PLX.

    Pullix aims to disrupt the status quo in the crypto trading industry by offering innovative features such as passive income through staking PLX tokens, trading discounts, and exclusive rewards from daily revenue. The platform’s roadmap outlines ambitious plans for development, including completing the presale, launching the PLX token on decentralized and centralized exchanges, and beta launching the platform for users.

    PLX presale nears end; listing on Uniswap and BitMart await

    As the presale for the PLX token nears its end, investors have an opportunity to participate in Pullix’s vision and secure their stake in the platform’s ecosystem. The presale, which accepts various cryptocurrencies including Bitcoin, Ethereum, USDT, and others, has garnered significant interest from the community, reflecting confidence in Pullix’s potential.

    The presale, which is currently in its last presale round dubbed ‘Bonus Round’ offering PLX at $0.14, has successfully raised $8,700,672. The last stage is over 47% sold out and investors still have an opportunity to participate with three days remaining. to participate, visit the Pullix website.

    The PLX token, designed as the utility token of the Pullix ecosystem, offers a range of benefits to holders. These include passive income through staking, trading discounts of up to 60%, and exclusive rewards derived from the daily revenues generated by the Pullix exchange.

    The anticipation builds as the PLX token is set to launch on Uniswap on March 4th, 2024, followed by a listing on BitMart on March 7th, 2024. After the Uniswap launch, the team plans to lock the liquidity pool for 24 months, ensuring stability and mitigating potential risks.

    Is it the right time to invest in Ethereum and Pullix?

    With Ethereum and Bitcoin leading the market surge and Pullix presenting an innovative approach to crypto trading and investment, investors may be wondering if now is the right time to invest. While past performance is not indicative of future results, the positive momentum and promising developments in both Ethereum and Pullix suggest potential growth opportunities.

    As always, investors should conduct thorough research, assess their risk tolerance, and consider their investment goals before making any decisions. With the cryptocurrency market’s inherent volatility, it’s essential to approach investment opportunities with caution and diligence.

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  • Worldcoin (WLD) and Bitcoin Dogs (0DOG) drive crypto surge amid market recovery

    Worldcoin (WLD) and Bitcoin Dogs (0DOG) drive crypto surge amid market recovery

    • Worldcoin’s (WLD) price surged 192% in 7 days
    • Worldcoin’s “World App” wallet hit 1 million daily active users amid regulatory challenges.
    • Bitcoin Dogs presale collects over $2.2 million in five days.

    In the wake of Bitcoin’s recent resurgence, the cryptocurrency market has witnessed a compelling comeback, with Ethereum and altcoins following suit, with Worldcoin (WLD) and Bitcoin Dogs (0DOG) at the forefront.

    Worldcoin (WLD), the brainchild of OpenAI CEO Sam Altman, experienced a staggering 192% surge in just seven days while Bitcoin Dogs, which entered the market a few days ago, caused waves with the first-ever BRC-20 ICO on Bitcoin blockchain.

    Worldcoin (WLD): 192% surge in a week

    The 192% Worldcoin (WLD) price surge has caught the attention of crypto investors, especially following the challenges that the Worldcoin project has faced in the recent past. The WLD currently trading at $7.32 hit an all-time high of $7.52 on February 19 following a week-long rally.

    Worldcoin price chart

     

    This WLD price surge coincided with a significant achievement for the Worldcoin project, as its crypto wallet app, the “World App,” surpassed 1 million daily active users. There has also been an overwhelming whale accumulation, with a massive 2.09 million WLD tokens acquired from Binance. Alameda Research’s significant holding of 25 million WLD tokens and the unveiling of Sora, a text-to-video platform by Sam Altman, further contribute to the optimism around Worldcoin’s growth.

    Launched in July 2023 by Sam Altman and Alex Blania, Worldcoin stands as a “privacy-preserving” digital identity verification initiative, rewarding users with WLD for iris scans.

    Interestingly, this remarkable growth comes at the backdrop of regulatory challenges including Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) initiating an investigation into the project due to “serious risks to personal data privacy.” Reports suggest inspections were conducted at Worldcoin locations in Hong Kong. Previously, global regulatory concerns led to service suspensions in Kenya and a temporary halt to iris scans in India.

    Bitcoin Dogs (0DOG): innovation meets canine craze

    As Worldcoin catches the attention of crypto investors eager to invest in AI-based cryptocurrencies, Bitcoin Dogs, a new cryptocurrency project using Bitcoin’s BRC-20 standards has jumped into the market, with ICO that has attracted quite some interest from investors.

    Bitcoin Dogs introduces a unique blend of cryptocurrency and canine enthusiasm with its native token, 0DOG. Aiming to be the first ICO on the Bitcoin blockchain, Bitcoin Dogs provides a playground for dog lovers and crypto enthusiasts to trade, collect, and engage in a barking-good time. The project’s innovative approach combines the loyalty and playfulness of dogs with the exciting world of blockchain technology.

    The platform offers diverse features, including a feeding system influencing virtual dog appetite levels, social interactions affecting user influence, and Player versus Player (PvP) challenges like Duel Races with a betting system. Additionally, the 10k Ordinals NFT Club caters to both casual admirers and dedicated Doga devotees, allowing users to parade, collect, and trade digital assets related to dogs.

    Bitcoin Dogs (0DOG) token presale

    Bitcoin Dogs launched a groundbreaking token presale, the first of its kind on the Bitcoin blockchain, five days ago and so far the presale has raised $2,266,645.66 pointing to the attention it has captured from the crypto community.

    Investors are flocking to the ICO with the price of the 0DOG token set to increase from the current $0.0173 to $0.0198 in the next stage. To participate, interested persons can visit the bitcoindogs.club website to purchase their share of the 0DOG tokens.

    The presale, set to last 30 days, features staged price increases every three days, fostering urgency for potential investors. The platform also boasts a unique approach, burning unsold tokens after 30 days, potentially increasing value for token holders.

    Conclusion

    Worldcoin’s remarkable growth and Bitcoin Dogs’ presale both represent opportunities for investors looking to diversify their crypto portfolios.

    Nevertheless, the crypto landscape remains dynamic and evolving, requiring careful consideration and due diligence from those eager to embark on this exhilarating journey.

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  • Bitcoin ETF approvals to drive $1T crypto market surge: CryptoQuant

    Bitcoin ETF approvals to drive $1T crypto market surge: CryptoQuant

    • CryptoQuant forecasts Bitcoin’s market cap could hit $900 billion if Bitcoin spot ETFs are approved.
    • The report also forecasts that $1 trillion could be added to the entire crypto market.
    • The various spot Bitcoin ETFs may be approved by March 2024, signalling a new era of crypto adoption.

    In a recent report, data analytics firm CryptoQuant revealed compelling insights into the potential impact of Bitcoin spot exchange-traded funds (ETFs) on the cryptocurrency market.

    The report suggests that, if approved, these ETFs could trigger substantial growth in the crypto space, raising Bitcoin’s market capitalization to a staggering $900 billion and boosting the overall crypto market by a monumental $1 trillion.

    Spot Bitcoin ETFs approval could be a game-changer

    The first wave of institutional involvement in the cryptocurrency market, which occurred during 2020-2021, was characterized by institutions adding Bitcoin to their balance sheets.

    CryptoQuant’s report highlights that the second wave of adoption may come from financial institutions enabling clients to access Bitcoin through spot ETFs. CryptoQuant believes that these ETFs present a significant opportunity for investors to gain exposure to the crypto market.

    Several major financial institutions in the United States have applied for regulatory approval to launch spot Bitcoin ETFs. These approvals could potentially be granted by March 2024 at the latest with some US lawmakers requesting the SEC to approve the applications. This marks a critical milestone in the evolution of cryptocurrency investment instruments.

    Potential inflows and market impact

    CryptoQuant’s analysis indicates that should the issuers of Bitcoin ETFs allocate just 1% of their Assets Under Management (AUM) to these ETFs, it could result in a remarkable influx of approximately $155 billion into the Bitcoin market. This influx, equivalent to nearly one-third of Bitcoin’s existing market capitalization, could potentially drive Bitcoin’s price into a range between $50,000 and $73,000.

    The report also draws upon historical data, revealing that during previous bull markets, Bitcoin’s market capitalization typically expanded by a factor of 3 to 5 times more than its realized capitalization. This historical pattern suggests that for every $1 of new investment entering the Bitcoin market, the market’s capitalization could surge by $3 to $5, indicating substantial growth potential.

    The market got a test after some false news about BlackRock Bitcoin ETF approval pushed Bitcoin to $30,000.

    In general, the approval of Bitcoin spot ETFs holds the promise of attracting significant institutional investment and contributing to the cryptocurrency market’s expansion. Despite its volatile nature, this development could become a catalyst for further institutional involvement, bringing the crypto space closer to the $1 trillion milestone.

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