Latest news with #April2024
Yahoo
7 days ago
- Business
- Yahoo
Could Bitcoin Actually Hit $200,000 Before 2026?
Bitcoin could nearly double $200,000 before the end of this year. It will still be a good investment if it misses that mark. Institutional investors are the ones driving its pricing for the moment. 10 stocks we like better than Bitcoin › Bitcoin (CRYPTO: BTC) trades for about $105,000 (as of June 19), yet credible analysts are mapping a route to its price surpassing $200,000 by the end of 2025. For reference, a 90% price gain to $200,000 would raise Bitcoin's market cap to about $3.9 trillion. That target looks unduly aggressive only if you ignore two simple forces: a sharply lower trickle of new coins, and a sharply higher amount of institutional demand. Both are already affecting the coin's price right now. Let's see what the numbers actually say and take a moment to understand why the forecast for $200,000 isn't unreasonable at all. As always, understanding the supply and demand dynamics of Bitcoin is the first step to appreciating how responsive its price is likely to be relative to what buyers are bidding for it. Every four years, the Bitcoin network halves the block reward, cutting the flow of fresh coins. The most recent halving on April 20, 2024, reduced the reward such that the total annual new issuance declined from roughly 328,500 coins to about 164,000. With 19.9 million coins already mined out of a maximum of 21 million possible, new supply now grows less than 0.8% per year. In April 2028, the next halving will constrain supply even further, and that fact is something that most market participants are aware of already, implying that potential buyers have a significant incentive to procure their allocation sooner rather than later. The tiny drip of new supply today is already meeting a hungry horde of demand. Bitcoin exchange-traded funds (ETFs) have hauled in more than $46 billion cumulatively, including a six-day streak of $1.8 billion in mid-June. Those funds, institutional investors, and publicly traded companies together now command about 6% of the coin's total circulating supply. At today's price, that capital removes roughly 360,000 coins from the public float, which is equivalent to more than two years of issuance at the current block reward. If the inflows simply persist at half their recent pace, the available supply could tighten by another 2% to 3% before 2026. And a shrinking float usually forces prices significantly higher because the number of willing sellers dries up faster than the number of willing buyers. In other words, crypto market euphoria is not a precondition to Bitcoin soaring. The only needed ingredient is buyers who are willing to convert fiat currencies into ETF shares just a bit faster than miners are capable of creating fresh coins. And right now, that speed differential is widening, so the conditions are ripe for the price to squeeze upward. While supply dynamics explain why the crypto's price can rise, macro tailwinds explain why demand might keep accelerating. On that front, U.S. core inflation cooled in May to its lowest reading since 2023. The Federal Reserve has held its benchmark interest rate steady since March; many investors are expecting that the Fed will cut rates a bit before next year. It's possible that lower real yields will make a scarce, non-yielding asset like Bitcoin more attractive. Separately, regulatory clarity is also improving abroad, which will create more institutional buyers. The European Union's Markets in Crypto-Assets (MiCA) framework began licensing major exchanges in mid-June, opening a harmonized 27-nation market. Clear guidelines for competition reduce regulatory risk and invite European pension funds and other institutional investors to buy in, many of which had waited on the sidelines. Nonetheless, the path to $200,000 is not necessarily a straight shot, given the current geopolitical and economic instability, as well as major uncertainties in U.S. trade policy. A surprise liquidity crunch, perhaps sparked by a geopolitical shock or a renewed tariff-driven inflation spike, could dull risk appetite and force some selling, which could temporarily damage sentiment about the coin. Political risk matters, too. U.S. lawmakers still debate crypto taxation and custody rules. A hostile bill could freeze ETF creation or raise costs, muting demand. Assuming no severe shock, however, the chances of Bitcoin surpassing $200,000 in 2026 look realistic, if perhaps a bit ambitious. If ETFs absorb another $50 billion of the supply by late 2025, they would remove roughly 475,000 additional coins from circulation at an average cost basis of $105,000. The good news for investors here is that it doesn't really matter if Bitcoin passes an arbitrary price target before an arbitrary point in time. Since the biggest upside for holders is over the long term, not the near term, the smartest move here is simply to buy the coin and commit to holding it. Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Alex Carchidi has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. Could Bitcoin Actually Hit $200,000 Before 2026? was originally published by The Motley Fool Sign in to access your portfolio
Globe and Mail
7 days ago
- Business
- Globe and Mail
Could Bitcoin Actually Hit $200,000 Before 2026?
Bitcoin (CRYPTO: BTC) trades for about $105,000 (as of June 19), yet credible analysts are mapping a route to its price surpassing $200,000 by the end of 2025. For reference, a 90% price gain to $200,000 would raise Bitcoin's market cap to about $3.9 trillion. That target looks unduly aggressive only if you ignore two simple forces: a sharply lower trickle of new coins, and a sharply higher amount of institutional demand. Both are already affecting the coin's price right now. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Let's see what the numbers actually say and take a moment to understand why the forecast for $200,000 isn't unreasonable at all. The supply squeeze is real, and intensifying As always, understanding the supply and demand dynamics of Bitcoin is the first step to appreciating how responsive its price is likely to be relative to what buyers are bidding for it. Every four years, the Bitcoin network halves the block reward, cutting the flow of fresh coins. The most recent halving on April 20, 2024, reduced the reward such that the total annual new issuance declined from roughly 328,500 coins to about 164,000. With 19.9 million coins already mined out of a maximum of 21 million possible, new supply now grows less than 0.8% per year. In April 2028, the next halving will constrain supply even further, and that fact is something that most market participants are aware of already, implying that potential buyers have a significant incentive to procure their allocation sooner rather than later. The tiny drip of new supply today is already meeting a hungry horde of demand. Bitcoin exchange-traded funds (ETFs) have hauled in more than $46 billion cumulatively, including a six-day streak of $1.8 billion in mid-June. Those funds, institutional investors, and publicly traded companies together now command about 6% of the coin's total circulating supply. At today's price, that capital removes roughly 360,000 coins from the public float, which is equivalent to more than two years of issuance at the current block reward. If the inflows simply persist at half their recent pace, the available supply could tighten by another 2% to 3% before 2026. And a shrinking float usually forces prices significantly higher because the number of willing sellers dries up faster than the number of willing buyers. In other words, crypto market euphoria is not a precondition to Bitcoin soaring. The only needed ingredient is buyers who are willing to convert fiat currencies into ETF shares just a bit faster than miners are capable of creating fresh coins. And right now, that speed differential is widening, so the conditions are ripe for the price to squeeze upward. Understanding the path forward While supply dynamics explain why the crypto's price can rise, macro tailwinds explain why demand might keep accelerating. On that front, U.S. core inflation cooled in May to its lowest reading since 2023. The Federal Reserve has held its benchmark interest rate steady since March; many investors are expecting that the Fed will cut rates a bit before next year. It's possible that lower real yields will make a scarce, non-yielding asset like Bitcoin more attractive. Separately, regulatory clarity is also improving abroad, which will create more institutional buyers. The European Union's Markets in Crypto-Assets (MiCA) framework began licensing major exchanges in mid-June, opening a harmonized 27-nation market. Clear guidelines for competition reduce regulatory risk and invite European pension funds and other institutional investors to buy in, many of which had waited on the sidelines. Nonetheless, the path to $200,000 is not necessarily a straight shot, given the current geopolitical and economic instability, as well as major uncertainties in U.S. trade policy. A surprise liquidity crunch, perhaps sparked by a geopolitical shock or a renewed tariff-driven inflation spike, could dull risk appetite and force some selling, which could temporarily damage sentiment about the coin. Political risk matters, too. U.S. lawmakers still debate crypto taxation and custody rules. A hostile bill could freeze ETF creation or raise costs, muting demand. Assuming no severe shock, however, the chances of Bitcoin surpassing $200,000 in 2026 look realistic, if perhaps a bit ambitious. If ETFs absorb another $50 billion of the supply by late 2025, they would remove roughly 475,000 additional coins from circulation at an average cost basis of $105,000. The good news for investors here is that it doesn't really matter if Bitcoin passes an arbitrary price target before an arbitrary point in time. Since the biggest upside for holders is over the long term, not the near term, the smartest move here is simply to buy the coin and commit to holding it. Should you invest $1,000 in Bitcoin right now? Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor 's total average return is994% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
Gizmodo
18-06-2025
- Business
- Gizmodo
AirPods Pro 2 Are Back at Their Lowest Price as Apple Clears Out Limited Stock on Amazon
Scoring a huge deal on Apple's top-rated AirPods Pro 2 wireless earbuds is a matter of timing. There's a 32% off deal that drops on Amazon which brings the price of these state of the art earbuds down to just $169, but you have to keep a sharp eye out for it. Or, better yet, we can just tell you when it's back. Like right now. This $80 price drop on the AirPods Pro 2 hadn't been around for the past month before now, but with the exception of the small Black Friday/Cyber Monday 2024 window when the AirPods Pro 2 dropped to a record low $154, this elusive $169 deal is the lowest price on Apple's best-ever AirPods since they were released in April 2024. See at Amazon Top of the Line What's earned the AirPods Pro 2 that stellar 4.6-star rating from nearly 30,000 Amazon reviewers, and all of those professional reviews calling them Apple's best AirPods yet? Start with the new H2 chip that drives all of the many great features of the AirPods Pro 2. The state of the art H2 processor makes it all possible: the adaptive noice cancellation that intelligently detects the noise level of your surroundings, the transparency mode that lets in enough of your surroundings to keep you safe, and the vastly improved sound and call quality. Tack on the 6-hour battery life, seamless linking with Apple's Find My with Precision Finding app to keep your AirPods Pro 2 secure, IP54-level dust, sweat, and water resistance, and the new ability to recharge with the Apple Watch charger in addition to USB-C, MagSafe, and other Qi-certified chargers, and those rave reviews make total sense. Medical Marvel Perhaps most impressively, the AirPods Pro 2 come with hearing health support that's a first in any mass-market earbuds. This includes a hearing test that allows you to check your hearing without a trip to the doctor's office, hearing protection for when you're in loud environments, and a clinical-grade hearing aid feature that assists people with mild to moderate hearing loss. There's no predicting when that Amazon deal that drops the price of the AirPods Pro 2 from $249 to just $169. But when it does swing around — like right now — it's more than worth jumping on. You get the industry-leading AirPods Pro 2 with all of their upgrades and advanced features, not to mention the pristine sound and peerless performance when you're using them to take or make a phone call, and you get $80 back in your pocket. See at Amazon
Yahoo
16-06-2025
- Entertainment
- Yahoo
Gypsy-Rose Blanchard Celebrates Boyfriend Ken Urker's First Father's Day Since Welcoming Daughter Aurora: 'Amazing Man'
Gypsy-Rose Blanchard and Ken Urker marked their first Father's Day together as parents The reality TV star shared a snap of Urker and their daughter on her Instagram Story, calling him an "amazing man and father" The pair reconnected in April 2024 after calling off their engagement while Blanchard was still incarceratedGypsy-Rose Blanchard is celebrating Ken Urker's first Father's Day as a dad. After rekindling their romance in April 2024, Blanchard, 33, and Urker welcomed their first child together, daughter Aurora Raina Urker, the following December. In her post via Instagram Stories, the proud mom shared a snap of Urker holding onto their little one, whose face is covered by a baby emoji. "Happy First Father's Day @kenurker,' Blanchard wrote in text over the photo. "You are an amazing man and father 🥰 WE love you.' Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. Blachard previously opened up to PEOPLE about witnessing Urker step into the role of father in March, noting the beauty of their family of three growing together. 'It's adorable. It really is,' Blanchard said. 'It's one of those heart-touching moments because it's like, this is new for the both of us, but also Ken was young when we met, and so it's adorable and really heartwarming to see him grow and mature through this process.' 'I've learned that he is a lot more patient than I gave him credit for,' she continued. 'So it's been wonderful to watch him grow as a person through the last year, but also step into this new mature role.' Urker — who chose the name Aurora — told PEOPLE they've been borrowing a neighbor's scale to periodically weigh Aurora. They've loved "just watching that number grow," as well as witnessing in real time what her eye color will be and what kind of hair she'll have. 'I love her to death, and every day I get to see her grow more and more in all these little ways,' he told PEOPLE. 'Her eyes opening wider as the weeks go on, and her starting to develop a little bit of a social smile now, and just watching her get bigger.' 'I really am just soaking in all these moments and enjoying them to the fullest,' Urker added. 'I want to spoil her and just make her happy.' is now available in the Apple App Store! Download it now for the most binge-worthy celeb content, exclusive video clips, astrology updates and more! The pair first connected while Blanchard was serving time in prison for her role in the killing of her mother, Dee Dee Blanchard. Urker began writing letters to her after seeing HBO's documentary Mommy Dead and Dearest, and they began dating while Blanchard was still incarcerated. Urker proposed to Blanchard in October 2018, but they eventually broke off the engagement. But after Blanchard's split from ex-husband Ryan Scott Anderson in March 2024, she and Urker reconnected romantically. Read the original article on People
Yahoo
16-06-2025
- Business
- Yahoo
Costco's Gold Bars Are So Popular, There's a Limit on How Many You Can Buy — Should You Invest?
With gold having tipped a recent record high price of just over $3,500 per troy ounce (31.1 grams) on April 22, interest from investors — both individual and institutional — has been piqued. Costco has been a major player in the physical bullion game for most casual investors. In early 2024, CNBC reported that Wells Fargo projected Costco was selling an estimated $200 million worth of gold bars and coins on a monthly basis. Read Next: Check Out: And now Costco is tightening its restrictions on how many gold bars its customers can purchase. Read on for more details, as well as whether you should invest. In response to the dramatically increased demand, as a May 23 Money report indicated, Costco began tightening restrictions around how many gold bars could be purchased. Customers can buy two 1-ounce gold bars per transaction, as they could previously. However, they are now restricted to just one transaction in a 24-hour period. Costco has quite a few gold options on its website, including coins and bars. Most options are around $3,500 as of June 16. It's clear there's a demand for gold, as Costco's new restriction shows. However, the question remains: Are physical gold bars, or bullion, worth buying as an investment? Learn More: In April, Sameer Samana — head of global equities and real assets at the Wells Fargo Investment Institute — expressed some degree of hesitation about buying into physical gold at that time (prior to it hitting its record high), CNBC reported. 'We're probably close to maximum optimism on gold at this point,' Samana said. 'It's so overbought. Buying gold right now, you're coming a little late to the party. It doesn't mean it's over, but you're not early.' Samana suggested a gold bullion-backed ETF rather than the purchase of physical bars or coins. However, in May, Goldman Sachs Research commodities strategies Lina Thomas provided an exhaustive breakout of gold's past, current and future performance. She gestured toward the notion that traders often buy gold when confronted with macroeconomic uncertainty, and further that central banks were also buying large quantities of the yellow metal. 'The long-run bull story for gold is that central banks are buying large amounts of it. We expect that to continue for at least another three years,' Thomas said, adding that Goldman Sachs predicts gold to hit $3,700 per troy ounce as 2025 draws to a close. 'While the key factor since 2022 used to be central bank buying alone, ETF investors are now joining the gold rally. As both compete for the same bullion, we are expecting gold prices to rise even further,' she added. No matter where you buy your gold from, such a pricey buy should be made through reputable dealers, according to Brett Elliott, director of content at APMEX. Elliott was also bullish over gold's performance prospects in 2025, according to CBS News. 'The most important decision you'll make is where to buy from,' Elliott said. 'Choose a reputable dealer, preferably one that has been in business for some time with good reviews and will also buy back from you when you're ready to sell.' More From GOBankingRates How Far $750K Plus Social Security Goes in Retirement in Every US Region This article originally appeared on Costco's Gold Bars Are So Popular, There's a Limit on How Many You Can Buy — Should You Invest?
