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'Buy everything you can,' Bernstein says amid Trump-fueled crypto bull market resurgence

Bitcoin hits $80,000 after Trump's election, prompting Bernstein analysts to suggest investors buy crypto, anticipating favorable regulatory conditions and predicting a $200,000 price target by 2025.

theblock.co • 11/11/2024 - 11:33 AM

BITCOIN

Mt. Gox-linked cold wallet moves over $2 billion worth of bitcoin to new address: Arkham

Mt. Gox transferred over $2 billion in bitcoin, possibly signaling upcoming creditor repayments, while the exchange awaits the return of funds lost in a major 2014 breach.

theblock.co • 11/11/2024 - 01:41 AM

The Daily: US bitcoin ETFs hit record $1.4 billion daily inflows, Ethereum Foundation report $789 million in crypto holdings and more

U.S. bitcoin ETFs see record inflows, Ethereum Foundation holds $789M in crypto, Binance Labs invests in DeSci, Block prioritizes bitcoin mining, while Cobie burns Solana memecoin.

theblock.co • 08/11/2024 - 18:40 PM

Solana climbs above $200, bitcoin hits new high amid extended post-election rally

Solana and Bitcoin surged following Donald Trump's election victory, with Solana at $200 and Bitcoin at $76,873, amid strong market fundamentals and optimism for crypto-friendly policies.

theblock.co • 08/11/2024 - 02:34 AM

What's next for the crypto industry following Donald Trump's election victory?

With Donald Trump securing victory in the U.S. presidential election and the prospect of a Republican-controlled House and Senate, speculation has begun on what’s next for the crypto industry ahead of his Jan. 20 inauguration. The crypto community wants to see Trump’s campaign promises — including appointing a crypto-friendly SEC Chair, commuting the sentence of Ross Ulbricht, and creating a national strategic bitcoin reserve — fulfilled.

theblock.co • 07/11/2024 - 12:10 PM

Bitcoin to benefit from Trump presidency and MicroStrategy's plan: JPMorgan

JPMorgan analysts predict gold and bitcoin will perform well post-Trump's presidency due to the debasement trade, driven by tariffs, geopolitical tensions, and increased central bank purchases.

theblock.co • 07/11/2024 - 09:46 AM

The Daily: Pro-crypto Donald Trump wins US election, bitcoin hits new all-time high above $75,000 and more

Donald Trump wins the U.S. presidential election, bitcoin reaches $75,000, DeFi tokens surge, and analysts foresee a more favorable regulatory environment for crypto.

theblock.co • 06/11/2024 - 18:25 PM

BlackRock's spot bitcoin ETF sees $1 billion of volume in just 20 minutes following Trump victory

BlackRock's IBIT bitcoin ETF saw $1 billion traded in 20 minutes post-Trump's election win, driving bitcoin prices to new highs amid a surge in crypto market interest.

theblock.co • 06/11/2024 - 18:07 PM

Crypto's regulatory headwind has turned into a tailwind following Trump's victory, Bernstein says

Analysts at Bernstein said that crypto’s regulatory headwind had turned into a tailwind following Donald Trump’s election victory. The analysts also reiterated their call for bitcoin to approach $90,000 by the end of this year and reach a bull cycle target of $200,000 in 2025.

theblock.co • 06/11/2024 - 14:47 PM

'Greatest comeback story of all time': crypto community reacts as Trump wins US election

Reaction from the crypto community to Donald Trump’s win in the U.S. presidential election was largely positive. However, those within the industry are eager for him to fulfill promises made during the campaign, including freeing Ross Ulbricht and firing SEC Chair Gary Gensler.

theblock.co • 06/11/2024 - 13:36 PM

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