According to BlockBeats, Bernstein analysts expressed increased confidence in their prediction that Bitcoin (BTC) will reach $150,000 by the mid-2025, as the largest market cap digital asset hits new historical highs this year. The analysts also forecast that Bitcoin will 'break out' after the next halving event, maintaining their bullish predictions for some mining stocks despite the decline in miner share prices.
Bernstein reiterated its $150,000 price target for the world's largest cryptocurrency, citing the thriving inflows of funds into exchange-traded funds (ETFs) and recommending that investors purchase Bitcoin mining stocks to gain exposure to the upcoming uptrend.
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According to Foresight News, Web3 gaming platform MetaCene has successfully completed a $10 million Series A funding round. The round was led by Folius Ventures and SevenX Ventures, with participation from The Spartan Group, Mantle Network, Animoca Ventures, Longling Capital, Comma3 Ventures, and……
According to PANews, JPMorgan CEO Jamie Dimon recently spoke at the Australian Financial Review Business Summit in New York, where he discussed his views on Bitcoin and the Federal Reserve's interest rates. Dimon stated that he does not see any use for Bitcoin itself, but he would defend the righ……
According to PANews, Fidelity's FBTC fund inflows reached approximately $215.5 million on March 11th, surpassing the previous day's inflow of $130.3 million. Since January 11th, the total net inflow of GBTC funds has reached $6.37 billion.
In other news, Grayscale's GBTC fund outflows were about……
According to Foresight News, Frax Finance has initiated a community proposal to distribute 75% of protocol fees to veFXS holders. The proposal states that the collateralization ratio (CR) of FRAX is at 98.8%, nearing 100%, and the overall market sentiment is in a bullish zone. Therefore, it is su……