Investment firm VanEck forecasts Bitcoin may reach $500,000 within 5 to 10 years, driven by its potential to capture half of gold's market cap. Analysts highlight Bitcoin's strong recent performance, outperforming gold and the S&P 500, and growing institutional and younger market adoption. This bullish outlook suggests Bitcoin could rise 5x from current levels, with long-term targets up to $3 million by 2050 if adoption trends continue. The report underscores Bitcoin's emerging role as a preferred asset amid macroeconomic shifts and rising government debt.
While VanEck projects Bitcoin could reach $500,000 by capturing half of gold's market cap, on Pluang as of Nov 03, 2026 05:32 WIB, Bitcoin trades at Rp1.392.647.501 with a market cap of Rp27.986,1 trillion. Despite a 1.15% drop in the last day, Bitcoin's circulating supply is near maximum at 20.1 million out of 21 million BTC. This contrasts with gold's much larger market cap, highlighting Bitcoin's potential growth room as reflected in the report's bullish outlook.
Bitcoin holders realized $1.115 billion in losses within 24 hours as short-term holders moved 36,600 BTC to exchanges below their cost basis, pushing Bitcoin's price down to $76,400. Analyst Doctor Profit identified $76,000 as a critical support leve...
Eleven major cryptocurrency transfers totaling $1.72 billion occurred within three hours on Nov. 2, including a $239.7 million Tether transfer from Binance to an unknown wallet. Other significant moves involved Bitcoin, Ether, and USD Coin shifting b...
Bitcoin experienced $15.06 million in long liquidations within one hour as its price fell by 0.65%, dropping from $77,470 to $76,969. This data, collected from Binance, Bybit, and OKX exchanges, shows that all liquidations were on the long side, with...
The US midterm elections on November 3 will determine control of the House and Senate, influencing the fate of key crypto legislation like the CLARITY Act. Markets largely expect Democrats to retain the House and possibly the Senate, pricing in limit...
Anthropic, an AI company preparing for its IPO, has a 74-79% chance on prediction markets to exceed Bitcoin's market cap before December 31, 2026. Its IPO valuation is expected between $1.5 trillion and $2 trillion, compared to Bitcoin's $1.55-$1.61 ...
