Last week Wells Fargo begun to amass Bitcoin (CRYPTO: BTC) in substantial amounts. This development has elicited reactions from the cryptocurrency community, including a response from Changpeng Zhao, the founder of Binance.

Wells Fargo’s decision to purchase large quantities of Bitcoin comes at a time of increasing uncertainty in the wider cryptocurrency market.

In response to this move, Changpeng Zhao, Binance’s founder, has called on traders to remain resilient.

Zhao pointed out that while many are panic selling, US banks like Wells Fargo are stocking up on Bitcoin. Such significant Bitcoin acquisitions by traditional banks are seldom accidental, suggesting a long-term strategy and…

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Global asset manager VanEck has projected a potential surge in the price of Bitcoin (CRYPTO: BTC), which could reach as high as $53.4 million by 2050.

VanEck’s optimistic forecast predicts a compound annual growth rate (CAGR) of 29% for Bitcoin over the next quarter-century. This “hyper-Bitcoinization” scenario suggests Bitcoin gaining a significant share of both domestic and international trades.

The report states, “In a ‘hyper-Bitcoinization’ scenario where Bitcoin captures 20% of international trade and 10% of domestic GDP, the implied value per coin could reach $53.4 million.”

For this to occur, Bitcoin would need to match or even exceed gold as a primary…

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This week was a rollercoaster ride in the world of cryptocurrency. Bitcoin is showing signs of a potential rally in 2026, while Ethereum has surged above $3,100. Let’s dive into the details.

Bitcoin’s Potential Rally In 2026

Bitcoin is setting up well for a rally in 2026. Glassnode data shows that profit-taking pressure has largely subsided, allowing Bitcoin to rebound from around $87,000 into the mid-$90,000 range. This move reflects exhaustion on the sell side and signals a stabilization phase.

Read the full article here.

VanEck’s Bitcoin Projection

VanEck has released long-term capital market assumptions projecting Bitcoin could reach $2.9 million by 2050. This projection represents…

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Members of Congress have been actively buying up Bitcoin (CRYPTO: BTC) and Bitcoin ETFs over the last 12 months. Many of the purchasers are allies of President Donald Trump and serve on financial committees, which could be a conflict of interest.

Congressman Buys Bitcoin

Congressman Byron Donalds (R-Fla.) recently disclosed buying $50,000 to $100,000 in Bitcoin, as reported by the Benzinga Government Trades page.

The purchase came alongside Donald disclosing the sale of shares of Abbott Laboratories (NYSE:ABT) and the purchase of shares of Comfort Systems (NYSE:FIX).

This marks the first purchase of Bitcoin by Donalds. Bitcoin traded between $84,436.31 to $89,412.66 on Dec. 18 and currently…

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