Argentina adds Ethereum to Buenos Aires high school curriculum

High schools in the city of Buenos Aires will offer blockchain internships to provide hands-on experience to students. 

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US trustee challenges FTX reorganization plan, citing legal concerns

The objections raised by the US trustee and the creditor group are likely to play a significant role in the courts deliberations.

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Indias crypto future hinges on govt consultation paper

Indias Department of Economic Affairs consultation paper is expected to be a watershed moment for crypto regulation in the country, potentially setting the stage for future legislation.

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Bitfarms boosts production by 33%, increases Bitcoin holdings above 1,000 BTC

Bitfarms said its Bitcoin production and holdings increased last month despite the rising mining difficulty, according to an Aug. 31 statement. The crypto miner revealed a 33.8% rise in Bitcoin production for July, attributed to a higher hashrate. Bitfarms mined 254 BTC in July, up from 189 BTC in the previous month. The firm also […]

The post Bitfarms boosts production by 33%, increases Bitcoin holdings above 1,000 BTC appeared first on CryptoSlate.

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Here is Cardano Price if Bitcoin Hits $500K or $1M as Forecasted by Bloomberg and Bernstein

While growing by 774% to $500K will mark a new history for Bitcoin, Cardano may just be reclaiming its previous…

The post Here is Cardano Price if Bitcoin Hits $500K or $1M as Forecasted by Bloomberg and Bernstein first appeared on The Crypto Basic.

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Nigerian traders integrity restores trust in crypto

The act of goodwill has gone viral on social media, restoring Nigerians trust in the crypto community.

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Polkadots $245M treasury not limited to 2-year runway, despite community concerns

The blockchain platforms revenue declined during the first half of 2024, and its head ambassador has called for its tokens inflation rate to be lowered.

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The hottest industry in the world, you could become the next millionaire (earn at least $1000 a day)

Crypto enthusiasts is the world's leading platform to help you start your journey to earn $1000 or more per day.

The post The hottest industry in the world, you could become the next millionaire (earn at least $1000 a day) appeared first on Crypto Breaking News.

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Elon Musks X could face $200M EU fines over alleged DSA violations: Law Decoded

Elon Musks social media platform, X, is under scrutiny for alleged DSA violations, with potential fines reaching $200 million.

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After Migrating to XAI, Crypto Unicorns Sets Play-to-Airdrop Campaign Date

The newly-introduced rewards system and the soon-to-start play-to-airdrop campaign offer players a way to earn tokens while playing the Laguna Games-developed web3 game.

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Crypto firm Hiddup rebrands amid $41M investigation and legal woes

Hiddup continues advertising returns ranging from 6 to 16% per annum through blockchain mining on its website while facing legal action.

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Ether restakings biggest risk is lack of understanding around asset looping Haven1

Ether restaking is a robust financial tool, but investors need to understand the number of loops they are adding.

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CoinShares secures 116% return from FTX claim sale

CoinShares will reinvest $39.78 million from the sale of its FTX claim into growth opportunities and enhanced client services.

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Bernstein analysts expect $200K Bitcoin price by 2025 due to spot BTC ETF flows

Analysts at Bernstein predict Bitcoin price to hit $200,000 by 2025 and $1 million by 2033.

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Bitcoin and Ether can greatly improve portfolio performance: BBVA

Bitcoins price has outperformed the returns from the S&P 500 more than threefold in 2024.

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Financial Giant AllianceBernstein Predicts Bitcoin At $1 Million, Heres When

In an analysis released Thursday, leading global investment firm AllianceBernstein with assets under management worth $725 billion significantly elevated its price target for Bitcoin, predicting the premier cryptocurrency will reach $1 million by 2033. This bullish outlook is underscored by a new wave of adoption via US spot Bitcoin exchange-traded funds (ETFs) managed by heavyweight asset managers including BlackRock, Fidelity, and Franklin Templeton. Bitcoin’s Path To $1 Million In 2033 Analysts Gautam Chhugani and Mahika Sapra from Bernstein outline a detailed scenario where they expect the assets under management in Bitcoin-related ETFs to escalate to about $190 billion by 2025, a substantial leap from the current $60 billion. The report states, “We believe that the US regulated ETFs were the watershed moment for crypto that brought in structural demand from traditional pools of capital.” They highlighted the considerable impact of these funds, which have already funneled approximately $15 billion in net new flows into the market. Related Reading: Bitcoin Stuck: Here Are 2 Things That Must Happen For BTC To Break $72,000 The report extrapolates that by 2025, Bitcoin ETFs will represent about 7% of all Bitcoins in circulation, and by 2033, this figure could rise to around 15% of the total Bitcoin supply. This significant uptick in institutional interest and investment is poised to play a critical role in driving Bitcoin’s price upward. A critical aspect of Bernstein’s analysis is the effect of Bitcoin’s supply mechanics, particularly the halving events. The most recent halving in April cut the block reward for miners from 6.25 BTC to 3.125 BTC, effectively halving the daily new supply from 900 BTC to 450 BTC. According to Chhugani and Sapra, “The halving presents a unique circumstance, where natural Bitcoin sell-pressure from miners declines by half (or even more, as they inventory more in anticipation), while new catalysts for bitcoin demand arise, leading to exponential price moves.” Historically, after halving events, BTC has experienced significant price rallies. The analysts draw on past cycles for context: in 2017, Bitcoin surged to approximately five times its marginal cost of production, then bottomed at 0.8 times in the following year. A similar pattern was observed in the 2021 cycle. Related Reading: Bitcoin Prices Path To $300,000 Cleared By Massive Bullish Pattern, Says Analyst For the 2024-27 cycle, they project a more conservative yet substantial increase to 1.5 times Bitcoin’s marginal cost of production, translating to a predicted mid-cycle high of $200,000 by mid-2025. In the following cycle, Bernstein expects the Bitcoin price to reach half a million US dollars by 2029, before breaking the $1 million mark four years later. Outlook For MicroStrategy In tandem with their Bitcoin outlook, Bernstein also initiated coverage on MicroStrategy with an outperform rating, targeting a price of $2,890 for the stock by the end of 2025. MicroStrategy has become notable for its BTC acquisition strategy, now holding 214,400 BTC, or 1.1% of the cryptocurrency’s circulating supply, valued at approximately $14.5 billion. MicroStrategys aggressive acquisition of Bitcoin, funded through convertible notesa form of long-term debt that converts into stock under specific conditionsdemonstrates a robust investment strategy which the analysts believe offers “limited liquidation risk” due to the already profitable nature of their holdings based on todays Bitcoin prices. They foresee MicroStrategys holdings increasing to 1.5% of the Bitcoin supply by 2025. At press time, BTC traded at $66,946. Featured image created with DALL·E, chart from TradingView.com

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Bernstein: Bitcoin Could Hit $1 Million by 2033

Wall Street firm Bernstein made a bold $1 million Bitcoin price prediction by 2033, touting unprecedented demand and constraints on supply in a new report.

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VanEck subsidiarys memecoin index up 137% year-to-date

This represents a 15x increase compared to the S&P 500s year-to-date returns.

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Bitcoin Set To Gain Over $300 Billion From Companies In Next 5 Years, Analysts Say

A growing number of public firms may begin purchasing Bitcoin in substantial quantities in the next five years, with more than $300 billion potentially entering the cryptocurrency by 2030. Related Reading: TRUMP Token Bloodbath: Whales Lose Big In $8.58 Million Sell-Off That’s what researchers at Bernstein, an asset manager that monitors corporate appetite for Bitcoin, say in a new report. Their estimates hinge on the assumption that additional firms will follow in the footsteps of Strategy’s tactics of retaining Bitcoin as a central component of their balance sheets. Strategy Sets The Tone MicroStrategy, now doing business under the name Strategy, has already made waves with its aggressive Bitcoin buys. The firm now sits with 555,450 BTC. That inventory has cost them approximately $38 billion, with an average of $68,550 per coin. Recently, they purchased another 1,895 BTC for $180 million. Bernstein projects that corporate treasury investments in #Bitcoin could reach $330 billion by 2029, with Strategy (formerly MicroStrategy) potentially contributing $124 billion of that total. This forecast underscores the growing institutional interest in Bitcoin as a treasury Naeem Aslam (@NaeemAslam23) May 5, 2025 Bernstein believes that this strategy gains traction. Its report states companies with sluggish growth and plenty of excess cash could be attracted to Bitcoin as an alternative destination to invest their cash. Between 2025 and 2030, listed firms alone could steer some $205 billion toward Bitcoin. Adding to that is another $124 billion which could be made by companies following Strategy’s systematic blueprint to investment in the top crypto. Treasuries Could Fuel Demand In Bernstein’s words, some movement, no matter how little, would lead to a great impact. This gigantic flow would amount to $190 billion if just 20% of related firms were to transfer 25% of their treasury balance into an investment in Bitcoin. These firms have very low growth and few compelling investment opportunities. That could make Bitcoin simply look good for capital investment for them. Currently, public companies already possess approximately 720,898 BTC, which is valued at almost $68 billion. That’s a significant increase from the 1.3% of the total supply of Bitcoin that they had in late 2023. Today, it’s 3.4%. Private companies are not far behind, possessing approximately 398,323 BTC, valued at a little over $37 billion. Related Reading: BNB Bulls Target $644 As Classic Chart Formation Emerges Increasing Interest And Limited Supply The surge in corporate Bitcoin ownership is occurring alongside evolving regulation and accounting practices. These changes might be facilitating more ease of access for companies to look into Bitcoin with less bureaucratic red tape. Additionally, with fewer coins on the market and easier access to capital, businesses might become the force behind increased demandand possibly even prices. Bernstein cites Strategy’s work in this revolution. The company has developed systems and tools that enable it to continue purchasing Bitcoin, even through challenging market periods. Not every company can follow suit, but the framework exists for others to attempt it. Featured image from Gemini Imagen, chart from TradingView

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Ethereum's New Internship Initiative Aims to Foster Future Blockchain Innovators

Ethereum launches a new internship program to bridge the gap for newcomers, offering remote opportunities across various fields. Applications for host organizations close May 28, 2025. (Read More)

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