Ark Invest's Cathie Wood forecasts Bitcoin's price reaching between $710,000 and $762,000 in a base case, with a bull case up to $1.5 million by 2030. This projection is based on Bitcoin's market cap potentially hitting $16 trillion, fueled by increasing institutional investment and its evolving role as digital gold. The report notes a downward revision from earlier, more aggressive estimates due to stablecoin adoption diverting some demand. Wood emphasizes Bitcoin's transition from a speculative asset to a more stable, institutional-grade store of value, supported by recent Bitcoin ETF approvals that facilitate easier institutional access.
Bitcoin's market structure is weakening due to declining institutional demand and fragile retail optimism. Spot Bitcoin ETF outflows exceeded $1.74 billion, and Binance saw a 425% surge in BTC inflows, signaling cautious holder behavior amid geopolit...
Badlands Resources Inc. announced that its share consolidation, initially set for May 27, 2026, will now take effect at the start of trading on May 28, 2026. The consolidation will convert every 3.5 old shares into 1 new share on the TSX Venture Exch...
Meridian Holdings Inc. appointed Dejan Petković, a celebrated Serbian-Brazilian football legend, as its Global Brand Ambassador. Petković will spearhead the launch of Pet TV, a new multimedia platform focused on sports, culture, and entertainment, wi...
Zonda Bitcoin Capital, Argentina's first publicly listed Bitcoin treasury company, plans to change its ticker to ZOND on the Buenos Aires stock exchange and increase Bitcoin exposure through US-regulated spot Bitcoin ETFs, primarily BlackRock's iShar...
Oil prices showed mixed movement as US military actions in southern Iran and President Trump's cautious optimism on US-Iran negotiations influenced markets. Brent crude rose 1.6% to $97.72, while US West Texas Intermediate fell 5.4% to $91.38. The US...
