News

Bitcoin Could Hit $250,000 by the End of 2025, According to This Billionaire Silicon Valley Investor

Amid the broader crypto market correction, you might be surprised to find out that a number of high-profile investors continue to double (and even triple) down on their optimistic price predictions for Bitcoin (CRYPTO: BTC). Billionaire Silicon Valley venture capitalist (VC) Tim Draper, for example, still thinks Bitcoin could hit $250,000 by the end of 2025. After all, Bitcoin is now down more than 20% from an all-time high of about $109,000 in January, and it has struggled to regain the $100,000 price point since then.

Charting the Global Economy: US Inflation Picks Up Before Tariffs

(Bloomberg) -- Consumer spending was weaker than expected again in February while a key inflation metric picked up, in a double whammy for the US economy before the brunt of tariffs.Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastrophic Ship StrikesCharter Schools, Colleges Push Muni Debt Distress Near RecordMar

No longer 'poor but sexy?' Berlin's economic rise comes at a price

The Art House Tacheles used to be the epicentre of the alternative art and culture scene in Berlin, an impressive five-storey building in the heart of the capital dating back to 1908 and occupied by artists after the fall of the Berlin Wall. For Oliver Putzbach, a 52-year-old Berlin native who used to live nearby, Tacheles' transformation symbolises that of the capital itself. While its economy grows and investment capital pours in, long-time residents like Putzbach fear it is losing its edgy character and bohemian charm that had its former mayor famously declaring over two decades ago that Berlin was “poor but sexy."