Bitcoin price prediction 2025 Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, has maintained a positive view on Bitcoin, predicting its price to reach $200,000 by the end of 2025 and $500,000 by 2028. Given Bitcoin’s current market value of $95,000, this estimate suggests a notable potential rise. Key Drivers Behind the Forecast Kendrick attributes this optimistic projection to several factors: Institutional Investment: The approval of U.S. spot Bitcoin ETFS in January 2024 has led to substantial inflows, with $39 billion invested so far. Decreasing Volatility: As the ETF market matures and financial infrastructure improves, Bitcoin’s volatility…
Author: Ali Malik
Tesla Bitcoin holdings. Although the automotive market is experiencing a challenging quarter, Tesla’s financial results continue to underscore the company’s growing commitment to alternative assets, particularly cryptocurrencies. Based on its April 23, 2025, Q1 2025 financial report, Tesla’s automotive revenue decreased by 20% year-over-year. Still, the electric vehicle (EV) behemoth made headlines by holding $51 million worth of Bitcoin on its balance sheet, a clear indication to investors of its faith in digital assets despite challenging conditions. Q1 Auto Revenue Suffers a Loss Down from $21.9 billion in the same period in 2024, Tesla’s automotive income for Q1 2025 came…
Ethereum price decline (ETH) is trading at around $1,525 as of April 21, 2025, marking a continuous decline from its all-time high of $4,721.07. Many observers believe ETH may drop even further if macroeconomic conditions change and market volatility subsides, potentially retesting the crucial $1,400 support level. Ethereum Struggles at Resistance, Risks Further Decline Ethereum has battled to get past the zone of resistance between $1,720 and $1,750. Particularly, 1,724 have become a significant supply source, routinely turning down efforts to increase prices. Without a clear breakout backed by substantial trading volume, another downslip becomes more likely. Shorter time frames…
Metaplanet Bitcoin acquisition Leading Japanese investment company Metaplanet has enhanced its Bitcoin approach by acquiring an additional 330 BTC, thereby increasing its overall ownership to 4,855 BTC. Part of Metaplanet’s continuous dedication to raising its exposure to cryptocurrencies and diversifying its investment portfolio, this calculated action is Latest Bitcoin Acquisition and Financial Impact According to reports on April 21, Metaplanet purchased Bitcoin at an average price of ¥12.18 million per Bitcoin (approximately $85,605), totalling ¥4.02 billion (~$26 million). With an average purchase price of ¥12.8 million ($85,386) per coin, this raises the total value of the company’s Bitcoin holdings to…
Driven by favourable energy costs, legal clarity, and technological advancements, the United States has emerged as a global leader in U.S. Bitcoin mining in recent years. However, the Trump administration’s tariffs have fundamentally altered the terrain and pose new challenges for miners. The Rise of U.S. Bitcoin Mining Companies like Marathon Digital Holdings, Riot Platforms, and Core Scientific are increasing their activities throughout states including Texas, Georgia, and New York. The U.S. Bitcoin mining sector has seen a notable rise. Access to reasonably priced energy—especially from renewable sources—as well as a favorable legal framework drove this growth. Furthermore, the somewhat…
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Slovenia bitcoin tax: A new bill proposed by the Slovenian Ministry of Finance will tax earnings from bitcoin transactions at a rate of 25%. Aligning the taxation of digital assets with the nation’s current tax laws is the primary objective. Should it be adopted, the legislation is set to take effect on January 1, 2026. Slovenia’s New Crypto Tax Rules Under the new law, the tax will be paid when locals use cryptocurrencies to purchase products and services or convert them into fiat currency. Taxation would not apply, though, for crypto-to-crypto transactions and transfers between wallets under the same owner.…
Quantum threat to Bitcoin A group of quantum computing researchers has declared a challenge: a reward of 1 Bitcoin (BTC) to anyone who can effectively break the cryptographic key securing Bitcoin transactions in a provocative move that has attracted the attention of both the cryptocurrency and quantum computing communities. This declaration has sparked discussions about the potential flaws in Bitcoin’s encryption and the timetable for quantum computers actually to compromise cryptocurrency security. Bitcoin’s Cryptographic Security Bitcoin relies on two primary cryptographic algorithms to secure transactions: Elliptic Curve Digital Signature Algorithm (ECDSA): This algorithm is used to generate public-private key pairs…
Ethereum Faces Pullback. After recently establishing a strong basis above $1,550, Ethereum (ETH) seems poised for a clear climb. Following the positive momentum of Bitcoin, ETH broke past important resistance levels at $1,600 and $1,620, rising to a new high of almost $1,690. Quick Highlights: Resistance Broken: ETH surged past $1,600 and $1,620 Local Peak: Reached ~$1,690 before correcting Current Price: $1,577 as of April 16, 2025 Short-Term Trend: Bearish momentum emerging Pullback Begins After Peak at $1,690 Intense selling pressure ETH faced following the spike set off a correction. Hinting at declining purchasing vigor, the price dropped below the…
Web3 blockchain transformation has developed well beyond money. These days, it’s at the core of a digital revolution as Web3 apps revolutionise whole sectors. Blockchain is changing company operations and customer interaction with digital ecosystems by allowing decentralisation, automation, and transparency. Reversing Supply Chains via Decentralisation Inefficiencies, fraud, and a lack of openness sometimes define conventional supply networks. Blockchain-based tracking is used, where every stage of the supply chain is immutably documented. Web3 is transforming this industry. This guarantees that essential procurement, manufacturing, and distribution data are validated and readily available, making real-time traceability possible. Big businesses like Carrefour have…