Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Bitcoin and Ethereum Primed To Go Massively Higher Soon, According to Top Crypto Analyst – Here Are His Targets

A popular market analyst known for his timely crypto calls is now saying that Bitcoin ( BTC ) and Ethereum ( ETH ) will continue to rally. Pseudonymous trader Pentoshi tells his 834,500 followers on the social media platform X that Bitcoin may soon surge by more than 15% its current value whileEthereum may surge by more than 20% its current value. “Higher soon. ETH to $4,800. BTC towards $120,000.” Source: Pentoshi/X Source: Pentoshi/X Bitcoin is trading for $105,756 at time of writing, up more than 9% in the last seven days. Meanwhile Ethereum is trading for $3,992, up more than 7.4% in the past week. The analyst also notes he believes that Bitcoin will reach the $150,000 price tag with or without support from President-elect Donald Trump. “INTEL: Trump plans to focus on Bitcoin price, viewing it as another stock market. He aims for Bitcoin to reach $150,000 early in his presidency.” Pentoshi believes Bitcoin will hit the $150,000 price target regardless of what Trump may do. Says Pentoshi, “Promises made promises kept. Honestly going there with or without [Trump] anyways.” He also double-downs on his prediction that Bitcoin will hit $180,000 by 2026. “$180,000 for one single BTC remains the target for 2025-2026 (has been my guess for past three years or so for this cycle) . With the recent developments it seems more and more likely.” Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bitcoin and Ethereum Primed To Go Massively Higher Soon, According to Top Crypto Analyst – Here Are His Targets appeared first on The Daily Hodl . Crypto Potato

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Kraken Institutional 2024 in review: A year of innovation and growth

It’s been an incredible launch year for Kraken Institutional. We’re already gearing up for an even bigger and better 2025, with exciting new products and initiatives designed to deliver even more value to our institutional clients. Looking back on the past 12 months, we’re proud of the progress we’ve made in expanding our suite of institutional-grade crypto solutions. Some of the key highlights from our year include: Launching Kraken Institutional On February 27, 2024 we launched our comprehensive platform designed specifically for institutions looking to add digital assets to their portfolios. Our full suite of crypto tools provide the infrastructure and support they need to navigate the complex world of institutional crypto. Debuting qualified custody Our purpose-built digital asset custody solution provides our clients with the unique security, transparency and regulatory compliance requirements institutional clients demand. Reaching new all-time highs for Kraken futures trading volume As our derivatives business reached all-time high volumes in 2024, we rebranded our regulated offering as Kraken MTF. This enabled us to provide our clients with even more sophisticated trading tools and instruments, further solidifying our position as a leader in the institutional crypto space. Expanding the reach of OTC RFQ Our RFQ client base has grown 50% in the same period, thanks to the OTC team’s continuous improvements to our automated OTC trading feature to ensure it meets the needs of our HNWI and institutional clients. Kraken Institutional’s 2024 growth by the numbers Key statistics demonstrate the momentum we’ve built this year: 142% YoY spot volume growth : Our spot trading volumes have seen explosive growth, with a 142% increase year-over-year. 57% YoY stables volume growth : Our stables volumes have also seen significant growth, with a 57% increase year-over-year. OTC volume and client growth : Our OTC volumes have also experienced significant growth, with 54% increase year-over-year. Futures volume growth : Our futures volumes have seen a 513% increase year-over-year. 300+ asset pairings : We added 124 new listings to our platform, bringing our total number of asset pairings to over 300. Community engagement and thought leadership We’ve also been committed to engaging with the wider institutional crypto community, participating in over 20 major events and conferences throughout the year, including the Digital Asset Summit and Exchange . We hosted the Wyoming Blockchain Symposium , which provided a unique opportunity for industry leaders to come together and share their insights and expertise. We’re excited to announce that we’ll be sponsoring this event again in 2025 . As we look to the future, we’re excited to build on the momentum we’ve established in 2024. With a packed roadmap of new products and initiatives, we’re confident that 2025 will be an even bigger and better year for Kraken Institutional. Stay tuned for more updates, and thank you again for your partnership and support. Learn more about Kraken Institutional These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are unregulated; regardless, Kraken may or may not be required to be registered or otherwise authorised to provide specific products and services in each market, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply. See Legal Disclosures for each jurisdiction here . The post Kraken Institutional 2024 in review: A year of innovation and growth appeared first on Kraken Blog . Crypto Potato