Cryptocurrency News Today TheBitTimes.com

Fundstrat CIO Tom Lee said Ethereum is entering a “supercycle” as BitMine Immersion Technologies’ ETH holdings topped 2 million and Cathie Wood’s ARK Invest bought $4.4 million BMNR. “Ethereum is one of the biggest macro trades over the next 10-15 years,” said Lee, who is also Bitmine’s chairman, in a press release. “Wall Street and AI moving onto the blockchain should lead to a greater transformation of today’s financial system. And the majority of this is taking place on Ethereum.” BitMine shares jumped 4% on news that its ETH treasury stash had crossed 2 million ETH worth and that Cathie Wood’s ARK Invest had added to its BMNR holdings with another buy yesterday. BMNR share price (Source: Google Finance ) BitMine Doubles Down On Ethereum Strategy BitMine is currently the largest Ethereum treasury firm globally. In a Sept. 8 post on X, the company announced that its massive ETH stockpile reached 2,069,443 ETH....

The prominent investor, author of the best-selling personal finance book ‘ Rich Dad Poor Dad, ’ and a noted Bitcoin (BTC) bull, Robert Kiyosaki, included a price target revision for the world’s premier cryptocurrency in the ‘Happy New Year’ X post he addressed to his followers. Specifically, in a tweet published on January 2, Kiyosaki opined that BTC is likely to climb to between $175,000 and $350,000 during 2025 – between 80.5% and 261% above the coin’s press time price of $96,952. MY PRICE PREDICTION for BITCOIN 2025: $175,000 to $350,000 Happy New Year — Robert Kiyosaki (@theRealKiyosaki) January 2, 2025 Did ‘Rich Dad’ R. Kiyosaki just downgrade his Bitcoin forecast? While it is nothing strange for the author to regularly discuss Bitcoin in his social media posts, the new price target is somewhat strange as – along with representing a rather broad range – it is somewhat less bullish than his previous forecasts. ...