💰 Bitwise CIO predicts Bitcoin volatility will fall 50% as institutional adoption rises
Bitwise CIO Matt Hougan provided a comprehensive outlook on Bitcoin’s trajectory towards the 2028 halving, predicting a 50% decrease in volatility and heightened institutional investor engagement. Bitcoin (BTC) hit a new all-time high weeks before the 2024 halving in an unprecedented surge. Hougan believes this trend will continue post-halving and cause Bitcoin’s price to escalate dramatically, as it has in the past since its $13 valuation at the time of its first halving in 2012.
Large corporations, major wirehouses gearing up to buy Bitcoin: Bitwise
Institutions representing “trillions of dollars in assets” are preparing to buy into spot Bitcoin (BTC $69,499) exchange-traded funds (ETFs) by the end of June, said crypto-native asset manager.
It was another impressive week for the major cryptocurrency pairing BTC/USD, adding nearly +10.0% and carving out a second straight weekly gain to reach a fresh record high of...
📊 Analysis of Bitcoin According to the chart, we can see that Bitcoin has left the ascending triangle pattern and the Ichimoku cloud also shows an upward trend.
I think a successful retest can confirm the continuation of the upward trend.
Bitwise reveals major institutions will start investing in Bitcoin ETFs starting Q2
Bitwise CIO Matt Hougan said that institutions “representing trillions of dollars in assets” are expected to start investing in spot Bitcoin ETFs by the second quarter. Hougan wrote that Bitwise, and likely the other Bitcoin ETF issuers, are engaged in “serious due diligence discussions” with a variety of major financial and corporate entities that are interested in gaining Bitcoin
Solana based tokens make comeback riding on potential airdrops and meme coin frenzy
Solana ecosystem assets and protocols have observed an increase in activity and relevance among market participants as traders respond to potential airdrop announcements and meme coin.