Kategorie: Bitcoin News

Bitcoin news about the Bitcoin (BTC) blockchain and its crypto ecosystem.

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Bitwise forecasts Bitcoin as best-performing asset over next decade

  • Bitwise projects Bitcoin to deliver 28% annual returns over the next decade.
  • Institutions now view Bitcoin like equities and bonds for portfolio allocation.
  • Spot ETFs and corporate treasuries fuel Bitcoin’s growing long-term adoption.

Bitwise Asset Management expects bitcoin to deliver the strongest returns of any major asset class over the next ten years, projecting a compound annual growth rate of 28% with gradually declining volatility.

The forecast was shared in a new memo previewing the firm’s forthcoming Bitcoin Long-Term Capital Market Assumptions report.

Institutional demand spurs framework

The report, authored by Bitwise Chief Investment Officer Matt Hougan, is targeted at large platforms and professional allocators that are increasingly treating bitcoin as a “core” portfolio consideration.

Hougan notes that the shift follows the launch and widespread approval of spot bitcoin exchange-traded funds (ETFs), which have opened the asset class to mainstream retirement accounts and wealth platforms.

Interest in long-term planning has grown markedly.

Hougan said Bitwise received a dozen requests this year for long-term assumptions around bitcoin, compared with none between 2017 and 2024.

In his view, this marks an inflection point: institutions are now evaluating bitcoin in the same way they assess equities, bonds, and other traditional assets.

Favourable comparisons with traditional markets

While the full report is yet to be published, the preview states that bitcoin’s projected returns, volatility profile, and correlations compare favourably with established asset classes.

Bitwise characterises bitcoin’s correlations with other major assets as “low”, falling between −0.5 and 0.5, which many allocators value for diversification benefits.

The asset manager’s positioning of bitcoin’s outlook draws parallels with annual capital-market forecasts issued by large Wall Street firms such as JPMorgan, PIMCO, BlackRock, and Vanguard.

These outlooks help institutions determine long-term strategic allocations across asset classes including equities, fixed income, real estate, and alternatives.

Hougan argues that similar guidance is now warranted for digital assets, given their growing maturity and integration into mainstream investment products.

Growing Onchain and corporate holdings

Since spot bitcoin ETFs launched in January 2024, they have quickly gained traction.

On-chain holdings tied to these ETFs have grown to represent almost 7% of bitcoin’s fixed 21 million supply, with assets under management exceeding $146 billion, according to data from The Block.

Corporate treasuries have also expanded their exposure.

Publicly traded companies, led by MicroStrategy with a holding of 629,376 BTC, have collectively accumulated more than $80 billion worth of bitcoin.

These acquisitions have been financed largely through capital market activities, including equity offerings and convertible debt issuance.

Bitwise’s full Bitcoin Long-Term Capital Market Assumptions report is expected later this week.

It will provide detailed methodology and quantitative analysis, alongside side-by-side comparisons with forecasts for traditional asset classes from leading global asset managers.

For Bitwise, the release marks a bid to position bitcoin within the same framework used for decades to evaluate traditional investments.

For institutions, it reflects a growing acceptance of bitcoin not as a speculative play, but as a serious allocation option with defined risk and return expectations.

The post Bitwise forecasts Bitcoin as best-performing asset over next decade appeared first on CoinJournal.

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SoFi Bank to start using Bitcoin for cross-border payments

  • SoFi will enable instant cross-border transfers using Bitcoin and UMA.
  • Transfers will convert USD to Bitcoin via Lightning, then to local currency.
  • The service will first launch in Mexico with lower fees than traditional remittances.

SoFi Bank is preparing to shake up the global remittance industry by introducing a blockchain-powered international money transfer service.

The US digital bank has partnered with Lightspark, a Bitcoin infrastructure company founded by former PayPal president David Marcus, to bring faster and cheaper cross-border payments directly into its app.

SoFi steps into blockchain payments

The new service will allow SoFi customers to send money abroad without relying on traditional remittance providers or third-party platforms.

Instead, transfers will be powered by the Bitcoin Lightning Network and Lightspark’s Universal Money Address, or UMA.

This technology is designed to move dollars across borders instantly, at any time of the day, while ensuring that fees and exchange rates are displayed clearly before each transaction.

SoFi says the service will debut later this year, beginning with Mexico, a key remittance corridor from the United States.

Once rolled out, users will be able to initiate transfers directly through the SoFi app, where US dollars will be converted into Bitcoin, routed across the Lightning Network, and then converted back into the recipient’s local currency before being deposited in their bank account.

Notably, this is not SoFi’s first step into the digital asset space.

The bank began offering crypto trading in 2019, but later scaled back the service following regulatory concerns during the collapse of FTX.

However, with a federal banking license secured and new rules under the GENIUS Act offering greater clarity, SoFi is reentering the sector more aggressively.

During its most recent earnings call, the company outlined ambitions beyond remittances.

These include plans for stablecoin issuance, crypto-backed loans, and staking infrastructure for other institutions.

By positioning itself as a bridge between traditional banking and Web3, SoFi hopes to secure a long-term advantage over pure-play crypto platforms.

Faster and cheaper transfers

The promise of speed and lower costs is central to SoFi’s plan.

Traditional remittances often take days to clear and can cost families as much as 6% of the amount being sent.

By embedding blockchain rails into its platform, SoFi expects to deliver a service that is available around the clock and significantly below the national average cost of remittances in the United States.

Anthony Noto, SoFi’s chief executive, emphasised that many of the bank’s members rely on sending money to loved ones overseas.

He said that building blockchain transfers directly into the SoFi app will give users “faster, smarter, and more inclusive access” to their funds.

The bank is also opening a waitlist to meet early demand and gauge interest from members who frequently send money abroad.

Lightspark provides the backbone

Lightspark, which launched in 2022, has been positioning its UMA as a universal standard for moving money globally in a way that feels as simple as sending an email.

According to Marcus, Bitcoin is the only open payments network that can power such transactions securely and at scale.

Marcus added that UMA on SoFi will allow members to move dollars instantly with full transparency and control, while avoiding the delays of traditional systems.

The collaboration makes SoFi the first US bank to integrate Bitcoin’s Lightning Network and UMA at this scale.

It also comes at a time when other major institutions, including Bank of America and JPMorgan, are testing blockchain for their own transfer systems.

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Crypto update: Bitcoin slips as analysts warn of ‘fragile’ market structure

  • Bitcoin and Ether prices are falling despite positive industry news.
  • A key disconnect exists between weak price action and strong fundamentals.
  • Glassnode warns of market fragility and stretched leverage in the short term.

A profound and unsettling disconnect is cleaving the cryptocurrency market in two as the trading day begins in Asia.

While a torrent of structurally bullish headlines points to a maturing and increasingly powerful industry, the price action on screen tells a story of weakness, fear, and retreat.

This growing chasm between the long-term promise and the short-term pain has left investors caught in a tense tug-of-war.

The immediate picture is painted in red. Bitcoin is down 3% in the past 24 hours, struggling to hold the line at $113,000.

Ether is suffering even more, having shed 5.6% to land at $4,100, extending a week of bruising losses across the major digital assets. This persistent pullback is happening in the face of news that would, in any other environment, be sending prices soaring.

The view from the charts: a structure of sand?

For one camp of market observers, the current weakness is a simple function of a fragile and overextended market structure.

In a recent report, the analytics firm Glassnode frames the decline as a textbook case of exhaustion: spot momentum is fading, leverage is dangerously stretched, and the pressure from profit-taking is building to a critical point.

They warn that even the massive $900 million in inflows into U.S.-listed spot ETFs last week is not enough to sustain the rally on its own.

Without a renewed wave of conviction buying in the spot markets, Glassnode argues, the market’s positioning remains acutely “vulnerable to deeper deleveraging.”

A foundation of steel

This pessimistic view, however, is far from universal. Another camp argues that fixating on the short-term price action is a classic case of missing the forest for the trees.

The Singapore-based market maker Enflux, in a note shared with CoinDesk, contends that the industry is maturing at a pace that the charts are simply failing to capture.

They see the weak price action as a temporary “disconnect” and urge traders to focus on the truly significant headlines: Google becoming the largest shareholder in miner TeraWulf, Wyoming launching a state-backed stablecoin, and Tether hiring a former White House crypto policy official. 

These are not fleeting signals, Enflux argues; they are proof that serious capital and top-tier talent are aligning around a future that is institutional, regulated, and built to last.

The divergence in tone is telling. One side sees a house of cards, the other sees the scaffolding of a skyscraper being erected.

The shadow of the Fed

This internal conflict is being amplified by a powerful external force: the Federal Reserve.

The entire market is holding its breath ahead of the Fed’s FOMC minutes and, more importantly, Chairman Jerome Powell’s pivotal speech at the Jackson Hole symposium later this week.

With economists from institutions like Bank of America warning that Powell may argue for holding rates steady amid sticky inflation, the easy-money hopes that have buoyed risk assets are beginning to fade.

This macro uncertainty is forcing a reckoning in the crypto market, where the short-term fragility is clashing head-on with the long-term fundamental strength. The question now is which narrative will break first.

The post Crypto update: Bitcoin slips as analysts warn of ‘fragile’ market structure appeared first on CoinJournal.

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Bitcoin at risk of a 51% attack from two miners

  • Foundry USA and AntPool now control over half of Bitcoin’s hash power.
  • Bitcoin price is slipping toward $110,530, a crucial support level.
  • Macro fears and Fed shifts add pressure to already weak crypto markets.

After Monero’s 51% takeover, two Bitcoin mining pools have sparked fears of a potential 51% attack on Bitcoin.

Notably, the developments have raised critical questions about the security of the Bitcoin network and the stability of the wider crypto market.

Also, the concerns over mining centralisation have intensified just as BTC faces steep price declines and broader macroeconomic pressures.

Two mining pools dominate Bitcoin’s hash power

Two major mining pools, Foundry USA and AntPool, now control more than half of Bitcoin’s total computing power.

Foundry even mined eight consecutive blocks in a row, an event that is extremely rare and has heightened fears of network centralization.

With over 51% of the hash power concentrated in just two entities, experts warn that Bitcoin is technically vulnerable to a 51% attack.

In such a scenario, the dominant miners could potentially reorganize blocks, censor transactions, or undermine trust in the network.

While such an attack would be extremely costly and perhaps self-defeating, the centralization trend has raised red flags across the community.

Rising empty blocks and collapsing fees

Alongside the hash power imbalance, analysts have noted an increase in the number of empty blocks being mined.

Empty blocks generate lower transaction fees, which has led to collapsing revenues for miners and less efficient network usage.

This situation has further fueled concerns about the long-term sustainability of the Bitcoin ecosystem, particularly as users demand greater efficiency from the blockchain.

Although some commentators argue that a 51% attack would require an astronomical investment, estimated at around $1.1 trillion, they also admit that the risk of manipulation grows when power becomes too concentrated.

Supporters of Bitcoin believe that no rational actor would spend such sums to destroy the very network that sustains their investment.

Still, the perception of risk is enough to shake market confidence.

Bitcoin price slides toward key support levels

The security fears are unfolding at a delicate moment for Bitcoin’s price.

After reaching an all-time high of $124,000 just last week, Bitcoin (BTC) has fallen sharply to around $113,000.

The cryptocurrency is now approaching a crucial support level near $110,530, where buyers are expected to step in.

If the price holds above that level, a rebound toward $120,000 and eventually $124,474 could follow.

Some analysts like popular X commentator BitQuant are confident that Bitcoin is still on track to reach $145,000 without ever dipping below the six-figure mark.

However, if Bitcoin breaks below the $110,530 support zone, the decline could deepen toward $107,000 or even $100,000.

Short-term charts show bearish momentum, with the relative strength index in negative territory and the 20-day moving average sloping downward.

Macro fears add pressure on crypto markets

Beyond the technical charts, macroeconomic shocks are also weighing on sentiment.

A recent shift in Federal Reserve policy, combined with Wall Street warnings about the newly passed Genius Act stablecoin bill, has unsettled investors.

There are fears that the legislation could trigger a flood of withdrawals worth up to $6.6 trillion, posing systemic risks to both banking and crypto markets.

 

 

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Bitcoin sees strong accumulation despite BTC price pullback

  • Bitcoin price is near $115,300 after bouncing off lows of $114k.
  • Despite sharp declines this past week, BTC is seeing robust accumulation.
  • Onchain data suggests aggressive whale buying.

Bitcoin (BTC) price hovers around $115,300 in early trading on August 19, 2025, but despite the pullback that includes a dip to lows of $114k, the benchmark digital asset is witnessing robust accumulation.

While on-chain data suggests whales are aggressively buying, technical analyses signal bullish support above the psychological $110k.

Notably, BTC price reached its all-time peak above $124k on Aug. 14.

Whales scoop Bitcoin on the cheap

As noted, on-chain data shows bulls have used the sharp price decline in the past few days to buy Bitcoin.

The overall trend, as analysts from CryptoQuant show, is that accumulation is on the up.

Crypto analyst Axel Adler Jr notes in a post on X that there’s been a significant shift in Bitcoin’s exchange netflow.

Per the CryptoQuant on-chain and macro analyst, the 30-day moving average of net outflow has jumped from -1.7K to -3.4k Bitcoin per day, which suggests that coins are exiting centralised exchanges at an accelerated rate compared to sales.

This accumulation, against a backdrop of Bitcoin’s price drop to lows of $114k, speaks to bulls’ strong long-term conviction.

In any case, a divergence between net outflows and price decline has historically pointed to a bullish reversal.

“Against the backdrop of price decline, we see strengthening net outflow: the Exchange Netflow-30D moving average became more negative from -1.7K to -3.4K BTC/day. This means coins on CEX exchanges are being bought faster than they are being sold. Such a shift in a falling market is a bullish divergence, where participants are using the drawdown to buy back coins,” Adler Jr. said.

Santiment’s onchain analytics also point to this trend. Notably, top whales and sharks have continued to accumulate even amid the mild dip.

With BTC prices dropping more than 6% since its peak, wallets within the 10-10K range have scooped more than 20,061 BTC.

“When we zoom out, this same group of key stakeholders has added 225,320 Bitcoin going back to March 22nd. There has been notable correlation between this group’s holdings and the direction of future price movement for the majority of the past five years,” Santiment noted.

What’s the Bitcoin price outlook?

Bitcoin’s price technical picture shows BTC lies within the broad range of support at $112k and resistance at $120k.

Although panic selling in recent weeks has some holders in a downbeat mood, CryptoQuant says they may be dumping at a loss.

“This loss-selling event becomes a critical barometer of market health. If absorbed quickly, it could mirror past resets that fueled strong rebounds. If not, it risks signalling a momentum breakdown,” noted crypto analyst Kerem.

With on-chain data indicating strong accumulation and technical indicators supporting a bullish outlook, BTC remains largely bullish.

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