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BlackRock's Ethereum ETF has surged to the top four rankings, driven by record inflows. Meanwhile, Cardano (ADA) has gained over 8%, currently trading at $1.0749, with expectations of sideways movement between $1.00 and $1.10 until the week's end. In the Bitcoin market, whales are actively purchasing dips, with the price recovering to $98,650 after a recent drop.
CoinShares predicts a significant rise in Bitcoin yield solutions by 2025, driven by corporate finance's growing adoption of Bitcoin as a treasury asset. The firm identifies three main yield types: growth of Bitcoin holdings, yield farming through lending, and income generation via derivatives. Increased acceptance of cryptocurrency payments by major companies is expected to bolster Bitcoin treasury reserves, with firms like Ferrari and retailers such as AT&T and Whole Foods leading the way.
Bitwise Investments predicts significant price increases for cryptocurrencies by 2025, forecasting Bitcoin to exceed $200,000, Ethereum to reach $7,000, and Solana to rise to $750. The report highlights Bitcoin's limited supply and institutional interest, alongside Solana's growing role in decentralized finance and meme coin ecosystems. Additionally, it anticipates broader blockchain adoption in traditional finance, with tokenized assets projected to surpass $50 billion and stablecoin market capitalization expected to double to $400 billion.
The crypto market is experiencing a significant rebound, with Bitcoin nearing the $100K mark, currently at $98,259.15, up 1.65%. Solana leads the altcoin surge with a 5.31% increase to $225.11, fueled by short squeezes and regulatory optimism, while institutions like MicroStrategy bolster confidence in the market. Traders are advised to watch for potential price surges as liquidations continue to impact the market dynamics.
Bitwise forecasts 2025 as the "Golden Age of Crypto," predicting Bitcoin could soar to $200,000 and potentially $500,000 amid rising ETF inflows and a strategic reserve plan. Ethereum and Solana are also expected to thrive, driven by Layer 2 solutions and a maturing ecosystem. The integration of AI in meme coins and a surge in crypto IPOs could further transform the landscape, with stablecoins projected to reach a $400 billion market cap.
Marathon Digital Holdings has acquired 11,774 BTC for approximately $1.1 billion, funded by zero-interest convertible bonds, boosting its total holdings to 40,435 BTC valued at $3.9 billion. This strategic move comes amid Bitcoin's price volatility, reflecting the company's commitment to long-term growth and innovation in the face of mining challenges. Additionally, Marathon's diversification into AI and computing aims to enhance operational efficiency and address rising mining difficulties.
Bitwise forecasts a "Golden Age of Crypto" by 2025, predicting Bitcoin, Ethereum, and Solana will reach record highs, driven by institutional adoption and regulatory improvements. Bitcoin could soar to $200,000 or $500,000, while Ethereum may hit $7,000 and Solana $750, fueled by increased demand and technological advancements.
MARA Holdings Inc. purchased 11,774 Bitcoin for $1.1 billion, raising its total holdings to 40,435 BTC valued at approximately $3.92 billion. The company also achieved a hashrate milestone of 50 EH/s, becoming the first public Bitcoin miner to do so, while reporting a 12.3% BTC Yield in Q4 and 47.6% for the year. Despite these achievements, MARA's stock fell 4.4% to $22.81 on Dec. 10, reflecting a slight gain of just over 1% in after-hours trading.
MicroStrategy is set to join the Nasdaq 100 Index on December 23, with an announcement expected on December 13. This inclusion could lead to $2.1 billion in ETF share buying, giving the company a 0.47% weight in the index, making it the 40th largest holding. While joining the S&P 500 may be more difficult due to profitability issues, changes in Bitcoin accounting rules could make it eligible by 2025. Recently, MicroStrategy purchased 21,550 BTC for $2.1 billion, raising its total holdings to 423,650 BTC, valued at approximately $42 billion.
Bitcoin miner MARA, formerly Marathon Digital, has purchased 11,774 Bitcoin for $1.1 billion, averaging $96,000 per coin. This acquisition brings its total holdings to 40,435 Bitcoin, valued at nearly $3.9 billion, despite a recent dip in stock price. MARA follows MicroStrategy, which holds over 423,650 Bitcoin, as the second-largest publicly traded Bitcoin holder.
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