Friday, June 20, 2025
Market News Board | Market Analysis,Charts & News
No Result
View All Result
  • Home
  • Market Overview
    • Stock Market
    • Indices
    • ETFs
    • Forex Market
  • News
    • Economy News
    • Forex News
    • Cryptocurrency News
  • Economic Calendar
  • Commodities
    • All
    • Gold
    • Oil
    • Silver
    Shell Discontinues Brazilian Renewable Projects

    Details of the top cases before the US Supreme Court

    Aurora Completes $3 Million Multi-Year Investments in B.C. Manufacturing Facility

    US Equity Indexes Mixed as Investors Assess Mideast Diplomacy, Fed Policy Forecasts

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Huatai Securities Co., Ltd. Approves Final Dividend, Payable on August 15, 2025

    Shell Discontinues Brazilian Renewable Projects

    KB Home Announces the Grand Opening of Its Newest Community in A Desirable Southeast Stockton, California Location

    Canada's retail sales up in April, likely to post big drop in May

    Canada’s retail sales up in April, likely to post big drop in May

    The Two-Week Ticking Clock | MarketScreener

    The Two-Week Ticking Clock | MarketScreener

    The Fed Waits Out the Tariff Economy; BOE Mirrors Fed by Holding Rates

    The Fed Waits Out the Tariff Economy; BOE Mirrors Fed by Holding Rates

    Shell Discontinues Brazilian Renewable Projects

    Franklin BSP Realty Trust Issues $107 Million in Debt Notes in Private Offering

    Russia says Middle East is plunging into 'abyss'

    Russia says Middle East is plunging into ‘abyss’

    • Gold
    • Oil
    • Silver
  • Analysis
  • Charts
  • Crypto
    • All
    • Bitcoin
    • Ethereum
    Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News

    Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News

    Shell Discontinues Brazilian Renewable Projects

    Details of the top cases before the US Supreme Court

    Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut

    Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut

    Aurora Completes $3 Million Multi-Year Investments in B.C. Manufacturing Facility

    US Equity Indexes Mixed as Investors Assess Mideast Diplomacy, Fed Policy Forecasts

    Ethereum Fails To Break $2,100 Resistance – Growing Downside Risk? — TradingView News

    ETH/BTC Setup Could Trigger Altseason — TradingView News

    Outdated Tax Laws Are Undermining Bitcoin Mining in the U.S.

    Outdated Tax Laws Are Undermining Bitcoin Mining in the U.S.

    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Stellar
    • XRP
Market News Board
  • Home
  • Market Overview
    • Stock Market
    • Indices
    • ETFs
    • Forex Market
  • News
    • Economy News
    • Forex News
    • Cryptocurrency News
  • Economic Calendar
  • Commodities
    • All
    • Gold
    • Oil
    • Silver
    Shell Discontinues Brazilian Renewable Projects

    Details of the top cases before the US Supreme Court

    Aurora Completes $3 Million Multi-Year Investments in B.C. Manufacturing Facility

    US Equity Indexes Mixed as Investors Assess Mideast Diplomacy, Fed Policy Forecasts

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Huatai Securities Co., Ltd. Approves Final Dividend, Payable on August 15, 2025

    Shell Discontinues Brazilian Renewable Projects

    KB Home Announces the Grand Opening of Its Newest Community in A Desirable Southeast Stockton, California Location

    Canada's retail sales up in April, likely to post big drop in May

    Canada’s retail sales up in April, likely to post big drop in May

    The Two-Week Ticking Clock | MarketScreener

    The Two-Week Ticking Clock | MarketScreener

    The Fed Waits Out the Tariff Economy; BOE Mirrors Fed by Holding Rates

    The Fed Waits Out the Tariff Economy; BOE Mirrors Fed by Holding Rates

    Shell Discontinues Brazilian Renewable Projects

    Franklin BSP Realty Trust Issues $107 Million in Debt Notes in Private Offering

    Russia says Middle East is plunging into 'abyss'

    Russia says Middle East is plunging into ‘abyss’

    • Gold
    • Oil
    • Silver
  • Analysis
  • Charts
  • Crypto
    • All
    • Bitcoin
    • Ethereum
    Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News

    Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News

    Shell Discontinues Brazilian Renewable Projects

    Details of the top cases before the US Supreme Court

    Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut

    Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut

    Aurora Completes $3 Million Multi-Year Investments in B.C. Manufacturing Facility

    US Equity Indexes Mixed as Investors Assess Mideast Diplomacy, Fed Policy Forecasts

    Ethereum Fails To Break $2,100 Resistance – Growing Downside Risk? — TradingView News

    ETH/BTC Setup Could Trigger Altseason — TradingView News

    Outdated Tax Laws Are Undermining Bitcoin Mining in the U.S.

    Outdated Tax Laws Are Undermining Bitcoin Mining in the U.S.

    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Stellar
    • XRP
No Result
View All Result
Market News Board | Market Analysis,Charts & News
No Result
View All Result
Home Crypto Bitcoin

Here’s Why Bitwise CEO Says ‘There’s Just Not Going To Be Enough Bitcoin For Everyone’

by Market News Board
2 months ago
in Bitcoin, Crypto, Cryptocurrency News
Here's Why Bitwise CEO Says 'There's Just Not Going To Be Enough Bitcoin For Everyone'
Share on FacebookShare on TwitterShare on Pinterest

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

  • Bitwise CEO Hunter Horsley has put Bitcoin’s scarcity in focus.

  • Demand for Bitcoin appears to be growing rapidly.

  • Bitcoin evangelist and Strategy Chairman Michael Saylor has suggested that things are set to accelerate further.

If there is one thing Bitcoiners love to harp on about, it’s the asset’s scarcity. Recently, Bitwise CEO Hunter Horsley has brought this celebrated scarcity into focus by highlighting rapidly shifting market dynamics.

“There’s just not going to be enough Bitcoin for everyone,” Horsley said in an X post on Tuesday.

Statements like these are not new in Bitcoin circles. One common rhetoric is that there are 8 billion people in the world, and there would only ever be 21 million BTC, seemingly assuming that everyone on earth would want to hold the digital asset.

Don’t Miss:

Unlike these statements, however, Horsley’s view is not purely anecdotal. Reiterating his view on Wednesday, he said that approximately 165,000 BTC will be mined this year, highlighting that in Q1 alone, public companies acquired 95,000 BTC. This suggests that at the current pace of demand, there is unlikely to be enough Bitcoin for those who currently want to hold the asset.

“Positive for Bitcoin. Supply vs demand is the basics [sic] of many monetary and economic systems,” Fundstrat Chief Investment Officer Tom Lee said in response to Horsley, highlighting that this market dynamic is likely to put bullish pressure on the asset’s price.

And the Bitcoin demand does not appear to be slowing down. Just last week, Tether, Bitfinex and SoftBank announced a new venture called Twenty One that intends to build a business around purchasing Bitcoin. Twenty One has said it plans to launch with 42,000 BTC worth nearly $4 billion on its balance sheet. Meanwhile, on Monday, Strategy (NASDAQ:MSTR) said that it had added over 15,355 BTC worth $1.4 billion to its already extensive holdings.

Public companies are not the only ones showing a strong desire for Bitcoin exposure.  Bitwise investment chief Matt Hougan said on Tuesday that spot Bitcoin exchange-traded funds had raked in $3.3 billion in inflows in the past week.

Trending: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase.

The rising demand comes as the narrative of Bitcoin as a store of value and hedge against broader market uncertainty appears to be gaining traction, as highlighted by a recent decoupling from traditional equities.

Bulls like Strategy Chair Michael Saylor believe that there is still a lot of capital waiting on the sidelines to get into Bitcoin.

“When banks finally bless Bitcoin and the experts agree it’s a good idea, everyone will want to buy it, no one will need to sell it, and you won’t be able to afford it,” he said Monday on X.

Saylor’s remarks come after the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency rescinded guidance dissuading banks from holding cryptocurrencies and offering services to cryptocurrency market participants.

The Federal Reserve followed suit last week, walking back several cryptocurrency-related guidance. But keen-eyed observers have pointed out that the Fed has yet to withdraw a 2023 policy statement advising state banks against cryptocurrencies.

Amid growing demand, Bitwise has maintained that Bitcoin will exchange hands for $200,000 by the end of the year. At last look, the asset continued to idle near $95,000.

Read Next:

Image: Shutterstock

Send To MSN:  0

This article Here’s Why Bitwise CEO Says ‘There’s Just Not Going To Be Enough Bitcoin For Everyone’ originally appeared on Benzinga.com

Source link >

Related Posts

Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News
Crypto

Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News

20 minutes ago
Shell Discontinues Brazilian Renewable Projects
Commodities

Details of the top cases before the US Supreme Court

23 minutes ago
Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut
Bitcoin

Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut

1 hour ago
Next Post
Ethereum nears key Bitcoin price level that last time sparked 450% gains

Ethereum nears key Bitcoin price level that last time sparked 450% gains

Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

Yemen appoints new prime minister after cabinet resigned , council says

Arthur Hayes Outlines Bitcoin Path to $1,000,000, Says BTC ‘Does Best’ When Money Is Printed

Arthur Hayes Outlines Bitcoin Path to $1,000,000, Says BTC ‘Does Best’ When Money Is Printed

Recent Posts

  • Stock market today: Nifty50 ends above 25,100; BSE Sensex up over 1,000 points – top reasons for rally
  • Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News
  • Details of the top cases before the US Supreme Court
  • Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut
  • dow futures today news: U.S. stock market futures fall: Dow, S&P 500, Nasdaq fall on oil drop, Fed signals, and rising Iran–Israel tensions
Market News Board | Market Analysis,Charts & News

© 2025 - Market News Board

Navigate Site

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Home
  • Market Overview
    • Stock Market
    • Indices
    • ETFs
    • Forex Market
  • News
    • Economy News
    • Forex News
    • Cryptocurrency News
  • Economic Calendar
  • Commodities
    • Gold
    • Oil
    • Silver
  • Analysis
  • Charts
  • Crypto
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Stellar
    • XRP

© 2025 - Market News Board