By Marco Piccolo ARK Invest has significantly increased its bullish price target for Bitcoin, projecting a potential value of $2.4 million by 2030. The revised estimate, up 60% from its January 2024 outlook, stems from updated modeling that adjusts for active supply—excluding long-lost or long-held coins. This new bull case implies a 72% compound annual […]
Tag: CNBC
By Marco Piccolo Bitcoin has smashed through the $90,000 barrier for the first time since early March, reigniting bullish fervor in the cryptocurrency market. The flagship digital asset is now up more than 3.5% on the day, demonstrating renewed strength thanks to a combination of fundamental, institutional, and technical catalysts. Institutional buying adds fuel to […]
By Marco Piccolo As of April 2025, both gold and Bitcoin are commanding significant attention from investors seeking hedges against inflation, geopolitical instability, and currency devaluation. Despite their differing natures—one a centuries-old tangible asset, the other a digital newcomer—they are increasingly viewed through a similar lens: as strategic stores of value. Gold’s historical surge: All-time […]