Latest news with #PlanB
Mint
14 hours ago
- Business
- Mint
The week in charts: GST revamp, Oil Plan B, Wegovy launch, India tops again
A revamp of the goods and services tax (GST) regime is on the cards, with the compensation cess likely to be merged into the main GST rates. Separately, India has activated a Plan B to secure oil supplies amid continued tensions in West Asia. Despite global headwinds, India retained its top spot among emerging market peers in May. GST revamp The finance ministry may merge the compensation cess on sin and luxury goods into the goods and services tax (GST) rates, Mint reported. The decision won't impact consumers as overall tax outgo would remain unchanged. Compensation cess, which makes up about 7% of the total collections, was levied on top of the GST rate to compensate states for potential revenue loss due to the transition to GST regime. This arrangement is set to expire in March 2026. The shift may become a part of recommendations on the tax-sharing formula for five years starting FY27 by the Sixteenth Finance Commission. Hefty bounty Indian companies doled out a record dividend of ₹4.9 trillion in FY25, despite the lacklustre earnings. Promoters, led by those in private firms, pocketed 51.5% of total dividends declared. A Mint analysis of 370 consistent dividend-payers from the BSE 500 shows that promoters with over 70% stake saw their dividend receipts surge by 45%. Those holding 50-70% and below 50% experienced more modest increases of 8.5% and 8.9% respectively. This trend indicates that higher promoter holdings, in some instances, led to increased dividend payouts. VIP deal 26%: Is the stake domestic private equity (PE) firms such as Multiples Alternatives and 360 One are eyeing in luggage maker VIP Industries, Mint reported. The stake sale could also trigger an open offer. The promoters currently own a little more than 50% of VIP Industries, shows stock exchange data. The sale is part of the promoters' ongoing efforts to exit the business. Last November, the company's talks with PE firm Advent International to sell a controlling stake fell through due to valuation mismatches. Oil Plan B India has devised an emergency plan to secure oil supplies amid the uncertainties in West Asia, Mint reported. It involves bypassing the Strait of Hormuz via two pipelines: Abu Dhabi National Oil Co's Habshan-Fujairah that opens to the Gulf of Oman, and Saudi Aramco's East-West to the Red Sea. India could also boost imports from the US. The recent conflict between Israel and Iran, with threats of closure of Strait of Hormuz had exposed India's vulnerability as the country imports over 40% of its oil from West Asian countries. India tops India, with a score of 67 out of 100, retained top spot among emerging economies in May, showed Mint's emerging markets tracker. However, the win came with a narrow lead. Thailand came a close second with a score of 66.6 due to best export performance. While India's score was driven by India's fastest GDP growth among peers, robust manufacturing activity, and sustained stock market gains, the lead narrowed due to deteriorated export growth and currency fluctuations. In April, India had scored 87.9. Slim deal ₹17,345: That is the starting price in India for Novo Nordisk's weight-loss drug Wegovy, launched earlier this week. The drug is administered as a once-a-week injectable pen and is prescribed for chronic weight management and reducing major adverse cardiovascular events. Available in five dosing strengths—0.25 mg, 0.5 mg, 1 mg, 1.7 mg and 2.4 mg—Wegovy is expected in pharmacies by end of the month. The launch follows rival Eli Lilly's introduction of Mounjaro in March 2025, intensifying competition in India's obesity treatment market. Bumper bonus Indian investment banks awarded record bonuses to their top brass this year as they earned substantial fees in FY25, Mint reported. It was fuelled by a surge in deals and initial public offering activity, and hefty fees earned by investment banks from them. Firms like Kotak Mahindra Capital, Axis Capital, Avendus Capital, and JM Financial reportedly distributed over $1 million bonuses to top executives. Indian investment banks earned over $1.35 billion in fee income in FY25, highest in the post-pandemic period, showed data from London Stock Exchange Group. Chart of the week: Space take-off Shubhanshu Shukla made history by becoming the first Indian astronaut to travel to the International Space Station (ISS). A look at data shows that ISIS visits are dominated by individuals representing the US (169), which is also home to Nasa. This is followed by Russia (63), Japan (11), and Canada (9). Follow our data stories on the'In Charts" and'Plain Facts" pages on the Mint website.
Miami Herald
a day ago
- Entertainment
- Miami Herald
Brad Pitt's net worth: How the 'F1' star grew his fortune
Actor, producer, and longstanding Hollywood golden boy Brad Pitt has been enchanting audiences ever since his breakthrough performance in 1991's Thelma & Louise, portraying J.D., a hairdryer-wielding hitchhiker who sweeps Geena Davis off her feet-while also stealing all her cash. Part leading man, part rebel, and a perennial favorite with fans and critics alike, Pitt starred in some of the biggest films of the past few decades, which helped him amass some serious wealth. Along the way, he took home two Academy Awards, winning the Best Supporting Actor Oscar for his role in Once Upon a Time in Hollywood in 2020 and for producing 12 Years a Slave in 2014, which won Best Picture. But the A-list celebrity's biggest headlines often happen offscreen, owing to the public's endless fascination with his personal life, including his relationships with Gwyneth Paltrow and Jennifer Aniston, his high-profile marriage and ultimately contentious divorce from Angelina Jolie, with whom he shares six children, and his struggles with sobriety. Don't miss the move: Subscribe to TheStreet's free daily newsletter Pitt's fortune has expanded in recent years due to a few choice film roles and multi-million-dollar real estate deals, and by offloading a majority stake in his production company, Plan B Entertainment. He also remains mired in a legal battle over Château Miraval, the French vineyard he owned with ex Jolie that's valued at upwards of half a billion dollars. So, how much is Brad Pitt worth now, as F1, his latest summer blockbuster, debuts in theaters?Brad Pitt has a net worth of around $400 million, according to most sources, including Celebrity Net Worth, Yahoo, and Men's Journal. Pitt typically earns $20 million per film but often makes more than that due to serving as a producer or receiving a share of his films' profits. For instance, with Ocean's Eleven, he is estimated to have added an additional $30 million to his take-home pay. In 2016, Forbes reported the celebrity's yearly earnings at $31.5 million. In 2022, the venerable publication placed Pitt among the World's 10 Highest-Paid Entertainers, estimating that he pocketed a total of $100 million that year, broken down into a combined $30 million from just three films: Babylon, Bullet Train, and The Lost City, with the rest stemming from selling a majority stake in Plan B, the production company he co-founded with Aniston. Their company produced critically acclaimed hits like Moonlight, 12 Years a Slave, and The Departed, but while Pitt cashed in his share to the French media conglomerate, Mediawan, Variety reports that he still owns a minority stake. At the time, Plan B's valuation was in the "low hundreds of millions of dollars." Here's a look at his ever-expanding paychecks: Brad Pitt's film salaries After more than three decades since their last appearance together in the 1994 film Interview with the Vampire, Pitt and Cruise reunited at the London premiere of F1 on June 23, 2025. Fiercely competitive in their younger days, Pitt and Cruise had nothing but love for each other as they embraced on the red carpet and posed for photos-although when it comes to wealth, Cruise eclipses Pitt by nearly 50%. Related: Tom Cruise's net worth: The 'Mission: Impossible' star's wealth in 2025 With seven installments of the hugely popular Mission: Impossible film franchise under his belt, (for which he's taken home as much as 10–20% of gross box office earnings), Cruise's net worth in 2025 stands at an impressive $600 million. But that doesn't seem to faze Pitt. When asked if the two stars would ever team up again, Pitt told reporters he would be interested-so long as he doesn't have to do Cruise's death-defying stunts, jokingly telling E! News that he'll star with Cruise "when he does something again that's on the ground." William Bradley Pitt was born on December 18, 1963, in Shawnee, Oklahoma. His father, William Alvin, owned a trucking company while his mother, Jane Etta, was a school counselor. Pitt was raised as a Southern Baptist and has two younger siblings: a brother, Doug, and a sister, Julie. The family relocated to Springfield, Missouri, where Pitt graduated from Kickapoo High School. His love of acting began with his involvement in drama classes and by performing in the high school's musicals. Pitt enrolled at the University of Missouri and majored in journalism with a minor in advertising. However, two weeks before he was expected to graduate, he left campus and moved to Hollywood. P itt supported himself by taking on odd jobs, including a stint as a limo driver and time spent donning a chicken costume at a fast-food chain, all while taking acting lessons from renowned acting coach Roy London. Related: Beyoncé's net worth: How the 'Cowboy Carter' star amassed her fortune Casting directors were quick to notice the blond actor with all-American good looks, and he received small parts on TV shows like "Another World," "Dallas," "21 Jump Street," and "Growing Pains." He also had uncredited roles in several feature films and even appeared in a commercial for Levi's jeans. Pitt's small supporting role in Thelma & Louise established him as a sex symbol, but the 5'11" actor actually wasn't the first choice for the part. William Baldwin, George Clooney, and Robert Downey Jr. had each auditioned, but leading actress Geena Davis was so captivated by Pitt that she personally petitioned for him to get the role, revealing to The Tribune that his screen test had caused the flustered actress to mess up her lines. Other notable Brad Pitt films include: A River Runs Through It (1992) The first time the then-30-year-old was cast in a leading role was in Robert Redford's drama about two boys growing up in rural Montana. Pitt's portrayal of charismatic but rebellious younger brother Paul Maclean showcased his ability to portray complex characters and established his stardom. Legends of the Fall (1995) Critics lampooned the melodramatic saga of Colonel William Ludlow (Anthony Hopkins) and his three sons, Tristan (Pitt), Alfred (Aidan Quinn), and Samuel (Henry Thomas), who come of age on a remote ranch in Montana at the outbreak of World War I. But fans went crazy for Pitt's portrayal of the spirited and passionate middle brother who falls in love with his brother's fiancée after he is killed in battle, as Pitt skillfully blended his character's ruggedness with emotional depth and vulnerability. Fight Club (1999) David Fincher's cult classic centered around an unhappy office worker (played by Edward Norton) who meets Tyler Durden (Pitt) on a flight and starts an underground fight club where men release their frustrations through combat. The nihilistic Durden becomes the catalyst for the film's main conflict, earning the then-35-year-old actor praise for his acting range and "shredded" physique. In fact, Pitt's very low body fat percentage (around 5%) for the film has become the "gold standard" for lean muscle building. Inglourious Basterds (2009) One of several of Pitt's forays into wartime drama, Quentin Tarantino's film was set in Nazi-occupied France during World War II and provided an alternate take on history, including a plot to assassinate Hitler at a cinema in Paris. As the squad's leader, Southern Lieutenant Aldo Raine, Pitt dyed his hair black, perhaps as an expression of his character's desire for retribution at any cost-including scalping his enemies. Once Upon a Time in Hollywood (2019) Pitt teamed up again with Tarantino (and reportedly accepted a $10 million pay cut) to portray Cliff Booth, stuntman to the once-popular TV star, Rick Dalton. Set in Los Angeles during the late 1960s, the film offered a nostalgic look at Hollywood's bygone era while focusing on its dark realities, and Pitt's masterful performance as Dalton's complex and loyal friend earned him an Oscar. Having twice received the honor of being People's "Sexiest Man Alive," it's no wonder Pitt is just as famous for his relationships as he is for his movies. Brad Pitt's girlfriends Pitt has been romantically linked to a number of Hollywood stars, including Juliette Lewis, Robin Givens, Christina Applegate, and Gwyneth Paltrow. Pitt's most recent relationship is with jewelry executive Ines de Ramon, who was formerly married to The Vampire Diaries' actor Paul Wesley. Pitt and de Ramon started dating in 2022; she reportedly moved in with the actor in February 2024. Brad Pitt's wives After dating for two years, and appearing on the hit sitcom Friends, Pitt proposed to Jennifer Aniston with a custom, circular diamond ring rumored to have cost $500,000 in 1999. On July 29, 2000, the couple wed in a lavish, million-dollar ceremony on a Malibu bluff that included a performance by Melissa Etheridge and ended with an evening fireworks show over the Pacific Ocean. Pitt and Aniston renovated several Los Angeles mansions together and founded their production company, Plan B Entertainment, in 2001. When rumors surfaced of Pitt's affair with Angelina Jolie, Aniston filed for divorce in March 2005, and Pitt became the sole owner of their company. Although the exes initially had a strained relationship, they were able to maintain their friendship through the years-to the delight of paparazzi. More on celebrity wealth: Jackie Chan's net worth: The 'Karate Kid: Legends' star's wealth & incomeMiley Cyrus' net worth: A look at her wealth as 'Something Beautiful' dropsMeghan Markle's net worth: All about the Duchess of Sussex's wealth Following Pitt's split from Aniston, he and Jolie went public with their relationship in July 2005 after tabloid photos surfaced of them vacationing in Kenya. The single mother, who had recently filed for divorce from director Billy Bob Thornton, had admitted that she "certainly wasn't" looking for a relationship when she met Pitt on the set of their film Mr. & Mrs. Smith. But the film created a camaraderie that quickly escalated into romance, with Jolie admitting to People, "a few months in I realized, 'God, I can't wait to get to work.' ... Anything we had to do with each other, we just found a lot of joy in it together and a lot of real teamwork. We just became kind of a pair." The couple embarked on a tumultuous, 12-year relationship, originally declaring they wouldn't marry until "everyone else in the country who wants to be married is legally able." In April 2012, Jolie was seen sporting a $1 million engagement ring designed by Pitt himself over the course of a year. The oblong-shaped central diamond weighed 10 carats and was set on a gold band surrounded by ribbed diamonds, all chosen to fit Jolie's hand. The couple married at their French château, Miraval, on August 14, 2014, but just two years later, in August 2016, Jolie filed for divorce after an incident of alleged domestic violence on their private plane. The FBI and Los Angeles County Department of Children and Family Services both investigated the case but ultimately did not bring charges. In April 2019, a judge declared the couple "legally single" although their divorce proceedings would take another five years to complete, due to their legal battle over the Château Miraval winery. Their divorce was finalized in December 2024. Brad Pitt's children Pitt and Jolie shared six children together: adopted sons Maddox (b. 2001) and Pax (b. 2003), an adopted daughter Zahara (b. 2005), and three biological children, daughter Shiloh (b. 2006) and fraternal twins Knox and Vivienne (b. 2008). All six of their children were involved in the couple's 2014 wedding ceremony, with Maddox and Pax walking Jolie down the aisle, Zahara and Vivienne as flower girls, and Shiloh and Knox the ring bearers. Pitt successfully petitioned to legally adopt Maddox, Pax, and Zahara, and all of his children took on Pitt's last name; however, since the couple separated, Pitt's children have been estranged from the actor, despite "several efforts to reconnect." Pax has been critical of their father on social media, while Shiloh, Zahara, and Vivienne have stopped using his last name. In addition to his production company, Plan B Entertainment, Pitt's business empire includes multiple liquor companies. Pitt and Jolie bought Château Miraval, a 1,200-acre estate and vineyard in Provence, France, in 2011. They invested significantly in the former 13th-century monastery, which boasted a recording studio where Pink Floyd recorded "The Wall" in 1979. They launched Miraval Wines in 2013, and People reported that the initial 6,000 bottles of wine sold out in mere hours. The vineyard's wines achieved critical success, and its rosé was even designated one of Wine Spectator's list of Top 100 wines. Miraval's wines have also been a hit with consumers ever since the brand launched more affordable lines such as "Studio by Miraval" and "Fleur de Miraval." Château Miraval itself has become something of a tourist destination, even though it's not open to the public. The winery became part of Pitt and Jolie's legal dispute when it was revealed that Jolie had sold her share to a third party, Tenute del Mondo, without Pitt's consent in 2021. The legal battle is ongoing in 2025. In 2023, Pitt teamed up with Tanqueray's master distiller, Tom Nichol, and the Perrin family, which owns the Château de Beaucastel winery, to launch his first gin brand, The Gardener. The refreshing sip is evocative of the sunny Mediterranean, with fresh notes of orange, and it won the bronze medal at that year's World Gin Awards. In addition to his business deals, Pitts's famous face has also endorsed brands like Chanel, Brioni, Honda, Cadillac, and Heineken. He launched his own line of skincare products, Le Domaine, in 2022. After separating from Jolie, Pitt was candid about his struggles with alcohol, detailing how attending Alcoholics Anonymous (AA) meetings contributed to his recovery. He has credited actors Bradley Cooper and Dax Shepard for helping him with his sobriety. Speaking on Shephard's "Armchair Expert" podcast, Pitt admitted, "I was pretty much on my knees, and I was really open ... It was a difficult time. I needed rebooting …And it just meant a lot to me." Pitt also said that he suffers from prosopagnosia, or face blindness. By 2013, he revealed that it had become so severe that he often wished he could avoid the limelight and stay at home. While the actor has not admitted to having plastic surgery to retain his youthful looks, many speculate that he has received a facelift, nose job, and eyelid surgery, along with Botox and fillers. According to Architectural Digest, Pitt's expansive real estate portfolio once included properties in France, Mallorca, Los Angeles, Missouri, New York City, and New Orleans. After achieving stardom with Thelma & Louise, Pitt purchased a $1.7 million mansion in Los Angeles' Los Feliz neighborhood that had previously been owned by Elvira, Mistress of the Dark (Cassandra Peterson). In subsequent years, he snapped up adjoining parcels to create a 2.0-acre mecca for his and Jolie's children that included a 6,692-square-foot Craftsman-style home, outdoor swimming pool, a tennis court, and a skate park. In 2023, he sold the property to oil heiress Aileen Getty for quite a profit: $33 million. In a curious twist of fate, Pitt purchased Getty's abode, called Steel House, later that year for $5.5 million. The cantilevered mansion was designed by Neil M. Johnson and featured 2,000 square feet of mid-century modern living space, including a redwood hot tub and sauna, terrazzo floors, and beamed ceilings. It was previously owned by Maroon 5 guitarist James Valentine. Expanding his Pacific-view portfolio, Pitt bought a historic bungalow in Carmel, California in 2022 for $40 million, making it the most expensive real estate deal in the area at the time, according to The Wall Street Journal. Named the D.L. James House, after the writer who lived there during World War I, the unique property was built directly into local granite, connecting it to its natural surrounds. But Pitt's most impressive property remains Miraval, which Pitt and Jolie purchased in 2011 for $60 million. It includes a 35-room manor home and extensive vineyards in one of the most prized regions of France. Pitt originally owned 60% while Jolie owned 40%; as a wedding present to Jolie, Pitt gifted her an additional 10% stake, so that they'd be 50/50 partners. In 2021, Pitt began efforts to restore the property's historic recording studio. The estate and noteworthy winery have appreciated significantly in value in recent years, with some estimating it is now worth as much as $500 million. Related: The 10 best compact crossover SUVs according to Consumer Reports The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Perth Now
5 days ago
- Business
- Perth Now
State's Aussie-first plan for new housing
The NSW government will act as guarantor on up to 50 per cent of approved housing projects in a budget day announcement aimed at getting much-needed building works underway. NSW Premier Chris Minns and Treasurer Daniel Mookhey are delivering the Labor government's third budget on Tuesday morning amid a worsening housing crisis. It comes after the bruising failure of the Rosehill racecourse 'mini-city' project, which would have delivered 25,000 new homes but was rejected by the Australian Turf Club. Australian first-home buyers have become accustomed to going to the bank of mum and dad to go guarantor, but in one Australian state the government will soon do the same for developers. NewsWire / Flavio Brancaleone Credit: News Corp Australia While Mr Minns' much-touted 'Plan B' did not feature in Tuesday's budget, the government did reveal it would splash millions on getting housing developments off the ground. As part of the budget, the government announced a Pre-Sale Finance Guarantee for developers in which the state will go guarantor on up to 50 per cent of approved projects. The Australia-first program will guarantee residential pre-sales for up to $1bn of housing projects at a time through a revolving fund, with between $5-$50m per project. Applications for the guarantee are expected to begin by the end of 2025, and would require a developer to begin construction within six months of signing the documents. After the projects are completed and the dwellings sold, the government will issue further guarantees for up to $1bn of projects at any one time for a five-year period. If a dwelling remains unsold, the developer will be able to 'call' on the guarantee and the state will purchase it at a discounted rate, to then on-sell, rent out, or use for social housing. Treasurer Daniel Moohkey said in the state government saying it would guarantee the sale of 5000 dwellings, businesses 'can get the confidence to built 15,000 more'. He denied that figure was a 'drop in the ocean' or that it was the state government's 'Plan B' following the failed sale of Rosehill, but was realistic about the challenges ahead. 'A housing crisis that was decades in the making will not end overnight,' Mr Mookhey said. He went on to add: 'So, let us all resolve to keep building. To keep reforming. To make sure that NSW never turns into a state that cannot afford to house its grandchildren.' While a nationwide problem, housing has become an increasing hot button issue in Sydney, one of the world's least affordable cities, after the failure of the Rosehill project. The Australia-first program will guarantee residential pre-sales for up to $1bn of housing projects at a time through a revolving fund, with between $5-$50m per project. NewsWire / Flavio Brancaleone Credit: News Corp Australia Mr Minns is yet to reveal the state government's so-called 'Plan B' amid concerns about the feasibility of a possible housing project at Glebe Island on Sydney Harbour. In announcing the guarantee program, the state government said securing finance was one of the most common issues cited by developers in getting housing developments moving. Across the board, Labor's third NSW budget focuses on assisting or incentivising developers to build in the state, as well as boosting regulatory bodies and build-to-rent schemes. The state government has already said it will extend the build-to-rent land tax concession scheme indefinitely, and will release its draft guidelines for the Works-In-Kind scheme. The 2025-26 budget also revealed plans for a further $122m to streamline housing delivery, in particular housing approvals, including $84.4m for additional planning resources. Of that, $10.6m will go to continue the work of the Housing Delivery Authority, $20.9m to support regional councils to bring forward critical infrastructure, and $10.1m for water connectivity. A further $145.1m will go towards the state's Building Commission to empower regulators, while tens of millions will be splashed on TAFE and other apprenticeship schemes. The state government said a lack of skilled workers remained a key issue, with regulators also needing to be empowered, including through $7m earmarked for the land audit. It comes after the Low and Mid-Rise Housing Policy, which sets a target of 112,000 new homes across NSW, and the Transport Oriented Development's target of another 230,000. The state government said planning approvals were already 17 per cent faster than in March 2023, with applications to build up 28 per cent on last year, with 70,000 under construction.
Time Business News
5 days ago
- Business
- Time Business News
Experts Reveal Bitcoin Price Prediction for 2025: Boom or Bust?
Bitcoin continues to dominate headlines as investors, traders, and analysts debate what lies ahead for the world's most popular cryptocurrency. With the rise of Web3 and major investments flowing into blockchain technology, many are asking the big question: will Bitcoin boom in 2025, or are we headed for another bust? In this article, we dive into the latest bitcoin price prediction 2025 from top experts around the globe. We'll also explore how trends like Web3 startup funding news may impact Bitcoin's performance in the coming months. As of mid-2025, Bitcoin is trading in a highly volatile but overall upward trend. After a strong rebound from the lows of previous years, Bitcoin has regained investor confidence. Governments are introducing more crypto-friendly regulations, and mainstream financial institutions are offering Bitcoin investment products. In this environment, experts are split between extremely bullish forecasts and cautious warnings. The result? A wide range of predictions — from record highs to market corrections. There are several major factors influencing Bitcoin's price this year: Increased adoption: More businesses accept Bitcoin as payment. Web3 expansion: The rise in Web3 platforms increases Bitcoin's use in decentralized ecosystems. Regulatory clarity: Many countries have introduced rules that help legitimize crypto. Institutional investment: Big banks and funds are buying Bitcoin as a long-term asset. Supply and halving: With fewer Bitcoins being mined, scarcity is pushing demand up. All of these trends are shaping the current and future outlook of Bitcoin. Many crypto experts are confident that Bitcoin will hit new all-time highs by the end of 2025. Here's what they're saying: Prediction: $250,000 Reasoning: Draper believes increased adoption, especially among retailers and Web3 projects, will drive Bitcoin's value up dramatically. Prediction: $200,000 – $500,000 Reasoning: Wood's model focuses on institutional adoption and inflation fears. She argues Bitcoin will replace gold as a primary store of value. Prediction: $288,000 Reasoning: Based on Bitcoin's scarcity after the 2024 halving, PlanB sees a massive bull run in 2025. These predictions align with the surge in web3 startup funding news, where Bitcoin is often used as the backbone of many decentralized ecosystems. As more Web3 platforms integrate Bitcoin, demand could grow significantly. Not all experts are optimistic. Some believe Bitcoin may struggle or even crash under certain conditions. Prediction: $10,000 or less Reasoning: Schiff believes Bitcoin has no real value and sees it as a speculative bubble waiting to burst. Prediction: $42,000 Reasoning: JP Morgan expects high volatility and believes institutional interest is cooling off due to rising global interest rates. Prediction: Below $20,000 Reasoning: Roubini argues that Bitcoin's energy use and lack of regulatory control make it unsustainable long-term. These bearish views suggest that if adoption slows, or if governments crack down hard, Bitcoin could face another major correction. One of the most important trends in 2025 is the massive growth in Web3 startup funding news. Investors are pouring billions into decentralized apps, financial tools, gaming platforms, and NFT ecosystems. Here's how this trend could affect Bitcoin: Increased usage: Many Web3 platforms use Bitcoin for payments, staking, or savings. Cross-chain tools: New bridges are making Bitcoin easier to use across blockchains. Long-term confidence: As more real-world use cases develop, Bitcoin gains more value as a utility and asset. Because of these factors, many analysts believe Web3 growth will help push Bitcoin toward a bullish future. The second half of 2025 is filled with events that could influence Bitcoin's price: Global crypto regulations: Countries like the U.S., India, and the EU are expected to release new crypto laws. Bitcoin ETF performance: Several spot ETFs have launched and could attract big institutional capital. Web3 adoption: Startups in finance, healthcare, and gaming are integrating Bitcoin into their platforms. Geopolitical tensions: Global conflicts or inflation could drive people to buy Bitcoin as a safe haven. Each of these events will play a role in shaping the final outcome of the bitcoin price prediction 2025. For investors thinking about getting into Bitcoin now, here are a few things to consider: Do your research: Bitcoin is still a volatile asset. Learn before you invest. Think long term: Bitcoin has always been a long-term investment. Diversify: Don't put all your money into crypto — mix with other investments. Use safe platforms: Choose secure, regulated exchanges and wallets. Follow the news: Keep an eye on web3 startup funding news, as it can offer insights into Bitcoin's future use cases. The bitcoin price prediction 2025 is full of bold opinions — some seeing a boom to $250,000, while others warn of a bust below $20,000. The truth? It depends on how adoption continues, how the global economy shifts, and how well Web3 grows. What's clear is that Bitcoin remains at the center of digital innovation. The massive growth in web3 startup funding news shows us that blockchain is not just hype — it's being built into the foundations of finance, gaming, education, and more. So whether you're a believer, a skeptic, or just curious, now is a great time to watch the Bitcoin space closely. The second half of 2025 could be historic — and Bitcoin will likely be leading the way. TIME BUSINESS NEWS
Yahoo
7 days ago
- Business
- Yahoo
The Bitcoin Train Left the Station at $111K—Or Did It? This On-Chain Expert Says We're Still at the Platform
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin's surge to $111,000 in late May has left many investors wondering whether they've missed the boat—or if the real gains are just getting started. According to PlanB, one of cryptocurrency's most followed analysts, we may be witnessing something unprecedented: a 'different' kind of bull market that's only just begun. Bitcoin hit a new all-time high of $111,000 at the end of last month, surpassing its previous peak of $102,000 from earlier this year. But according to PlanB's market cycle analysis, this milestone comes with a crucial timing element: we're now approximately 34 months away from Bitcoin's next halving event in 2028. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . PlanB uses a color-coded system to track Bitcoin's position within its four-year halving cycles, and the indicator has just turned 'orange'—signaling we're in the early phases of what could be an extended bull market. Think of these colors as a countdown timer rather than a crystal ball: orange, yellow, green, and blue represent different stages leading up to the next halving, when Bitcoin's supply growth rate gets cut in half again. 'This isn't predictive,' PlanB emphasizes. 'It's detection—telling us where we are in the cycle, not where we're going.' What makes this cycle particularly intriguing is its unconventional shape. Unlike the explosive, vertical runs of 2017 or 2020, this bull market is characterized as 'flatter and longer'—a pattern that might actually signal more sustainable, institutional-driven growth. The current market structure is based on on-chain analysis rather than PlanB's Stock-to-Flow model, focusing on actual Bitcoin network activity and holder behavior. After what PlanB calls a 'fake loop' following January 2024's ETF introductions, Bitcoin has returned to where previous bull markets typically began their major ascents. Key insight: Despite Bitcoin already reaching six figures, PlanB believes we're at the 'very beginning' of this bull cycle—a potentially explosive revelation for long-term investors. Trending: New to crypto? on Coinbase. Traditional investors often rely on the Relative Strength Index to gauge whether an asset is overbought (typically above 70) or oversold (below 30). But Bitcoin plays by different rules. While conventional assets fluctuate between RSI levels of 30-70, Bitcoin's RSI typically ranges between 40-45 and 90-95, with an average around 65. Currently sitting near 69, Bitcoin's RSI has room to run much higher before signaling genuine overextension. The math gets interesting: PlanB expects Bitcoin's RSI to climb above 80, historically associated with monthly returns of 40% or higher. If Bitcoin sustained four consecutive months of 40% gains from current levels around $104,000, the price could theoretically reach $400,000. However, there's a potential wrinkle: as traditional finance professionals enter the Bitcoin market, their conventional RSI interpretations might lead to earlier profit-taking, potentially creating a 'tighter range' than in previous cycles. Beyond technical indicators, Bitcoin's on-chain metrics tell a compelling story through 'realized price'—essentially the average cost basis of all Bitcoin holders based on when coins last moved on the blockchain. Currently, the realized prices stand at: Overall realized price: $47,000 Two-year realized price: $81,000 Five-month realized price: $96,000 With Bitcoin currently trading around $104,000—well above all these cost basis levels—and all realized prices trending upward, the data suggests strong underlying demand and holder conviction. This pattern, where Bitcoin trades above rising realized prices, has historically continued for months or even entire most striking is PlanB's long-term valuation framework. Despite Bitcoin's impressive run to six figures, he argues the cryptocurrency remains 'very undervalued' relative to its Stock-to-Flow model value of $500,000—projected as the average price for this four-year cycle based on Bitcoin's increasing scarcity. The projected price range for this cycle spans $250,000 to $1 million, with three years remaining in the current cycle. Supporting this bullish thesis is the continued divergence between Bitcoin's geometric and arithmetic 200-week moving averages—a technical pattern that has historically characterized major bull markets. For Long-term Holders: The analysis suggests patience may be rewarded, with the bulk of gains potentially still ahead despite Bitcoin's already impressive performance. For New Investors: While $104,000 might seem like a daunting entry point, the on-chain and cycle analysis suggests we may be in the early innings of a multi-year bull market. Risk Considerations: Remember that cycle-based analysis isn't foolproof. Regulatory changes, macroeconomic shifts, or unexpected technical developments could alter Bitcoin's trajectory. Past performance doesn't guarantee future results, especially at these elevated price levels. PlanB's analysis challenges the conventional wisdom that Bitcoin's move to six figures represents a cycle peak. Instead, the data suggests we may be witnessing the opening act of an unconventional but potentially powerful bull market—one that's 'flatter and longer' than previous cycles but could ultimately reach even greater heights. Whether you're a Bitcoin maximalist or a skeptical observer, the confluence of on-chain metrics, cycle positioning, and technical indicators presents a compelling case for continued attention to the world's largest cryptocurrency. Just remember: in Bitcoin, as in all investments, higher potential returns come with higher risks. Read Next: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Image: Shutterstock This article The Bitcoin Train Left the Station at $111K—Or Did It? This On-Chain Expert Says We're Still at the Platform originally appeared on Sign in to access your portfolio
