Bitcoin has broken out of a bullish megaphone pattern, potentially driving its price to between $270,000 and $300,000 by 2025, according to analyst Gert van Lagen. This pattern indicates a series of higher highs and lower lows, with the current phase suggesting a parabolic rise ahead. Additionally, Bitcoin’s increasing adoption as a treasury asset mirrors gold’s historic rise, with some analysts predicting prices could reach as high as $400,000, while long-term forecasts estimate values up to $1.5 million by 2035.
about Bitcoin price target projected between 270000 and 300000 by 2025Intesa Sanpaolo S.p.A.
0 in Finance and 0 in Crypto last weekIntesa Sanpaolo Invests in Bitcoin Amid Growing Institutional Interest
Intesa Sanpaolo, Italy’s largest bank with $1 trillion in assets, has acquired 11 Bitcoins through its digital assets trading desk, signaling growing institutional interest in cryptocurrency. CEO Carlo Messina described the investment as a test for potential sophisticated clients, amid a backdrop of increasing demand following the launch of a Bitcoin ETF in the US and a favorable regulatory environment under President Trump. However, European regulators remain cautious, with the Bank of Italy and the European Central Bank expressing skepticism about the intrinsic value of cryptocurrencies.
about Intesa Sanpaolo Invests in Bitcoin Amid Growing Institutional InterestRumble Invests 20 Million Dollars in Bitcoin to Diversify Financial Reserves
Rumble, a US-listed video-sharing platform with a market cap of $3.6 billion, has initiated a $20 million investment in Bitcoin to diversify its financial reserves and hedge against inflation. CEO Chris Pavlovski emphasized Bitcoin’s decentralized nature and its potential to enhance the company’s financial stability. This move follows a significant $775 million strategic investment from a stablecoin issuer, positioning Rumble for growth in both media and crypto sectors.
about Rumble Invests 20 Million Dollars in Bitcoin to Diversify Financial ReservesItaly’s Largest Bank Intesa Sanpaolo Makes Historic Bitcoin Purchase
Italy’s largest bank, Intesa Sanpaolo, has made history by purchasing €1 million worth of Bitcoin, marking the first direct cryptocurrency acquisition by a bank in the country. The bank acquired 11 BTC, a move seen as a challenge to Italy’s conservative stance on digital assets, despite skepticism from the central bank governor regarding the security and value of cryptocurrencies. This purchase aligns with a broader trend of institutional interest in Bitcoin, as other companies also increase their holdings.
about Italy's Largest Bank Intesa Sanpaolo Makes Historic Bitcoin PurchaseItaly Embraces Crypto with Bank Investments and New Regulatory Support
Italy’s crypto landscape is thriving, bolstered by government support and significant investments, including Intesa Sanpaolo’s $1 million Bitcoin purchase. The move signals growing institutional acceptance, while favorable regulations, such as reduced tax rates, encourage retail participation. Best Wallet’s presale of the $BEST token offers users self-custody and investment opportunities, reflecting the expanding crypto ecosystem.
about Italy Embraces Crypto with Bank Investments and New Regulatory SupportIntesa Sanpaolo Invests One Million Dollars in Bitcoin as Test Strategy
Intesa Sanpaolo, Italy’s largest bank, has made its first spot Bitcoin acquisition, purchasing 11 Bitcoin for approximately $1 million as part of a test strategy. CEO Carlo Messina emphasized that while the bank won’t become a Bitcoin provider, understanding the market is essential for serving larger clients. This move reflects the growing institutional adoption of cryptocurrency amid ongoing macroeconomic challenges.
about Intesa Sanpaolo Invests One Million Dollars in Bitcoin as Test StrategyItaly’s Largest Bank Invests One Million Euros in Bitcoin
Italy’s largest bank, Intesa Sanpaolo, has made its first Bitcoin investment, acquiring 11 BTC for approximately €1 million ($1.02 million) on January 13, 2025. This move follows a surge in institutional interest in Bitcoin, as exchange reserves hit a near seven-year low, prompting hedge funds to buy the dip. Analysts predict a potential Bitcoin price increase, with expectations of a cycle high above $150,000 by late 2025, driven by a significant rise in the global money supply.
about Italy's Largest Bank Invests One Million Euros in BitcoinIntesa Sanpaolo Invests One Million Euros in Bitcoin Market
Italy’s largest bank, Intesa Sanpaolo, has reportedly entered the Bitcoin market with a €1 million investment, acquiring approximately 11 BTC. This move follows the bank’s previous approval for spot crypto trading and reflects a growing trend of institutional interest in Bitcoin, as corporate demand continues to outpace supply. Financial experts emphasize the importance of banks accumulating Bitcoin to strengthen their balance sheets.
about Intesa Sanpaolo Invests One Million Euros in Bitcoin MarketIntesa Sanpaolo Invests in Bitcoin Signaling Shift in Italian Banking Sector
Intesa Sanpaolo, Italy’s largest banking group, has made a significant move by purchasing $1M in Bitcoin, marking a pivotal moment for the country’s financial sector. This acquisition could enhance Bitcoin’s legitimacy among Italian institutions and investors, coinciding with favorable regulatory changes and growing public interest in cryptocurrency. As the market evolves, Best Wallet is positioned to capitalize on this momentum, aiming for substantial growth in the non-custodial wallet space.
about Intesa Sanpaolo Invests in Bitcoin Signaling Shift in Italian Banking SectorIntesa Sanpaolo Becomes First Italian Bank to Invest in Bitcoin
Intesa Sanpaolo, Italy’s largest banking group, has made headlines by purchasing 11 Bitcoins for approximately $1 million, marking it as the first Italian bank to invest directly in cryptocurrency. This move follows a leaked internal email and comes amid a significant increase in Italy’s capital gains tax on Bitcoin, rising from 26% to 42%. The bank’s motivations remain unclear, but it signals a growing interest in digital assets within Italy’s traditional financial landscape.
about Intesa Sanpaolo Becomes First Italian Bank to Invest in Bitcoin