ARC Invest predicts Bitcoin will be worth $2.4 million in 2030. It's Friday, April 25th,

2025. I'm Christine Lee. This is Coiness Daily.

Bitcoin rising above $94,000 Friday, rebounding from $75,000 earlier this month, as U.S. Bitcoin

ATF saw massive inflows of about $2.8 billion over the past week, according to Farsight

investors. Black Rock's I-Share's Bitcoin Trust, or Ibit, accounted for $1.3 billion of those

inflows alone, prompting strategy chair Michael Saylor to declare that

iBit will be the biggest ETF in the world in 10 years at the Bitcoin Standard Corporation's

Investor Day. Large investors known as Crypto whales are aggressively accumulating BTC. Glass

node data shows the accumulation trend score is nearing one, indicating significant buying

by entities holding over 10,000 BTC.

CryptoQuant reporting the highest BTC outflows from centralized exchanges in two years,

suggesting investors are favoring custodying their own Bitcoin for long-term holding strategies.

Bitcoin has benefited this month as a safe haven asset

amid global trade uncertainty and a declining U.S. dollar. Meanwhile, the Federal Reserve,

alongside the FDIC and OCC, has withdrawn 2023 guidance that urged U.S. banks to exercise

caution with cryptocurrency activities, signaling a more permissive stance

toward crypto integration. The decision follows reports that the Federal Reserve approved

banks to engage with Bitcoin, potentially paving the way for broader crypto adoption in traditional

finance. The agencies emphasize that banks must still comply with existing laws and manage

risks, but the move is seen as a response to industry pushback against restrictive policies.

Finally, ArkInvest has updated its 2030 Bitcoin price targets, projecting a bullish scenario of $2.4 million per Bitcoin, a 60% increase from its January 2024 estimate driven by revised

assumptions on active supply and institutional adoption. The base case predicts $1.2 million,

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