Bitcoin To $600K by 2026?

Get Smarter About Crypto

₿itcoin reached $49,837. +1.91%

♢Ethereum reached $2,670. +3.92%

What we will talk about today...

📈🚀 Bitcoin’s Big Journey: To $600K by 2026?

🔮📈 What does the future hold for Bitcoin?

💸🤑 Crypto Money Goes Up: Spot Bitcoin ETFs Win Big with $1.1 Billion Inflows!

Bitcoin’s Big Journey: To $600K by 2026?

Bitcoin’s rise is always changing, and expert analyst Tuur Demeester has shown a brave guess, making the scene for a possible BTC rise to new highs. Get ready, as the story goes on with hopes of money fireworks, and world effects.

🚀 Making the Scene: $50,000 – A Big Moment

As Bitcoin goes past the $50,000 mark, talks of bigger wins sound in the crypto world. Demeester, known for his smart guesses, shows a future where Bitcoin’s value could go up between $200,000 and a huge $600,000 by 2026.

🌐 World Forces at Work: A Sound of Trillions

With happiness, Demeester shows the world money dance that might make Bitcoin go to these high places. He talks about the coming flood of World Bank help, a money sound that will play in the next years. This flow of “trillions” in help becomes the hidden force, moving Bitcoin’s journey on a path not seen before.

💡 Big Changes: Halving and ETFs

Demeester’s picture is made not only with the marks of world money moves but also the big effects of Bitcoin’s own ways. The block subsidy halving in April and the new start of spot Bitcoin ETFs become important parts of the story. The first makes less new Bitcoin, while the second puts more pressure on the supply.

📈 A Long-Time Seer: Demeester’s Story

Tuur Demeester, a wise person in the Bitcoin world, has a story of right guesses. In 2019 and 2020, he saw Bitcoin rise to its latest all-time high, showing a strange skill to understand the crypto picture.

🌐 Market Split: A Story of Bulls and Bears

But, with this hope, doubts stay. A different story comes from the likes of trader Il Capo of Crypto, saying a possible market change. A split happens, with Bitcoin’s rise maybe meeting a stop at $50,000, while altcoins keep their happy dance.

🌊 The Future Shown: What Will Happen?

As Demeester shows a bright picture of Bitcoin’s future, talks start about the market’s end. Will the trillions in the world help make Bitcoin go to new heights, or will a market split make darks on the crypto world? The answers are in the next parts of this digital journey.

The $50,000 mark becomes a change point, a place where the story of Bitcoin’s journey changes ways. Retail, still in the sleep of not knowing, may soon wake up to the growing Bitcoin heat. The story goes on, and the crypto world watches with waiting breath as Bitcoin, the first makes its way into new lands. 🚀🌌

WHAT WE RECOMMEND😉

Do you want To Get More Info about Crypto? Check these out.💎All Completely FREE

Sponsored
Crypto Pragmatist by M6 LabsJoin over 60k+ subscribers who trust us for crypto-native industry insights & research.

Bitcoin ETFs Go Up, Passing $10 Billion as Grayscale Goes Down

In a great show of crypto power, the nine new Bitcoin ETFs have become big, getting a huge 208,878.1 BTC, worth a huge $10 billion. This money party has taken the crypto place by storm, making Grayscale’s Bitcoin Trust (GBTC), which sold 2,252.2 BTC, worth about $108 million, look small.

🚀 ETFs Go Up, Grayscale Goes Down

Since the end of the spot Bitcoin ETF trading on February 9, 2024, the nine strong ETFs—BRRR, BTCW, HODL, ARKB, EZBC, IBIT, FBTC, BITB, and BTCO—have been buying a lot. Their joined work has made a crypto kingdom, holding a treasure of 208,878.1 BTC, a treasure worth over $10 billion. Meanwhile, Grayscale’s GBTC, once a crypto master, sold, losing 2,252.2 BTC, worth around $108 million.

The nine new ETFs versus GBTC in terms of bitcoin (BTC) reserves held as of Feb. 9, 2024.

💼 Leaders Come Out in the ETF Place

In this crypto story, leaders have come out from the ETF place. Blackrock’s IBIT and Fidelity’s FBTC are the best, having most of 75.26% in this digital place. IBIT holds 87,779.82 BTC, a fortune worth $4.15 billion, while FBTC has 69,433.66 BTC, moving to the sound of about $3.15 billion. Ark Invest’s ARKB, not less, shows a list of 18,590 BTC, shining in the crypto stars with a value of $893 million.

Blackrock’s IBIT holdings as of Feb. 9, 2024.

📈 Bitwise, Invesco, Vaneck, Valkyrie, Franklin Templeton, Wisdomtree Join the Crypto Party

Bitwise’s BITB has 17,398.13 BTC, a great $835 million worth, and Invesco Galaxy BTCO ETF shows its power with 7,568 BTC, a fortune of more than $363 million. Vaneck’s HODL ETF has 3,337.79 BTC, a part of over $160 million, while Valkyrie’s BRRR ETF gets 2,748.70 BTC, a gem worth $132 million. Franklin Templeton’s EZBC keeps a store of 1,624 BTC, shining at $78 million, and Wisdomtree’s BTCW joins the crypto party with 398 BTC, enjoying a market value of $19.12 million.

📉 Grayscale’s Fall Amidst the ETF Fun

As the ETFs enjoy their rise, Grayscale’s GBTC sees a fall. A net loss of 2,252.2 BTC shows a move from its once-high place. Since January 12, 2024, GBTC’s things have gone down by 150,545.2 BTC, showing a fall from $7.25 billion. The ETFs, now having 44.77% of GBTC’s managed things, have taken the attention in this crypto show.

🎉 Crypto Sound Happens

In this exciting crypto sound, the ETFs make a sound of plenty, showing the always-changing moves of the digital place. As the crypto market moves to the sound of ETF buying and Grayscale’s selling, the place is ready for an exciting part in the crypto stories. The question stays: Will this ETF fun make Bitcoin go to new highs, or are there more surprises in the crypto place? Only time will tell as the crypto story goes on. 🚀💰

Crypto Money Goes Up: Spot Bitcoin ETFs Win Big with $1.1 Billion Inflows!

Spot bitcoin ETFs, the best of the cryptocurrency money stage. In a great report by Coinshares, written by the smart James Butterfill, the attention is on these money wonders, showing a great $1.1 billion in inflows, making a great comeback since the early days of 2022.

A Coinshares Story:

Spot Bitcoin ETFs in the Spotlight The story happens in the United States, where spot bitcoin ETFs have become the talk, getting a net rise of $1.1 billion in inflows since their big start on January 11th. A big win reaching $2.8 billion, these ETFs have not only won the past week’s inflows but have also made a mark on the year-to-date inflow, making a great $2.7 billion.

The Big Two:

IBIT and FBTC Take the Lead In this big story, IBIT and FBTC come out as the big ones, having the most BTC among their friends, together keeping over three-quarters of the huge 208,000 BTC held. As the seven-day numbers show, these winners got the most inflows, making their place on top of the crypto mountain.

More Effect:

Ethereum, Cardano, and More But, the crypto story goes beyond bitcoin, with Ethereum and Cardano enjoying the good market feeling. Ethereum happily gets $16 million in inflows, while Cardano joins the fun with a good $6 million. A group of small inflows from Avalanche, Polygon, and Tron, each getting their time in the light, adds more to this crypto story.

World Ups and Downs:

A Different Crypto Place As the crypto fun goes on, our heroes see a different world place. While Canada and Germany lose some money ($17M and $10M, respectively), Switzerland comes out as the surprise winner, getting a big $35M in inflows. The world ups and downs show a great picture of the crypto money world.

CAN YOU PREDICT THE PRICE?

Bitcoin Price Prediction for Tomorrow?🤔

Login or Subscribe to participate in polls.

HOW DID WE DO? 🤷

We read every comment submitted in this poll and love to hear what you guys have to say. 😁 (bonus points for suggestions 🍪) What did you think of today's Newsletter? Don't worry, you won't hurt our feelings... 🥲

Login or Subscribe to participate in polls.

Stay tuned for more twists and turns in the crypto world & Happy Investing🚀💎