Bitcoin soars to $108,899 on inauguration day, followed by Ross Ulbricht’s pardon, new SEC crypto regulations, legislative advances by Senator Lummis, and a violent attack on a Ledger wallet founder.
The price of Bitcoin soared 119% in 2024, and the bulls have been out in full force, making predictions about where the cryptocurrency is headed.
I’m a bear on crypto. I am not a believer in the ‘bitcoin to a mil this year’ group of acolytes. Bitcoin could hit $1m, for several reasons, but not this cycle.
IBCI comprises seven onchain indicators, which include some of the most popular tools for tracking BTC price trends, such as the Puell Multiple, Spent Output Profit Ratio (SOPR) and Net Unrealized Profit/Loss (NUPL).
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Trump's Executive Order promotes digital asset rights, bans CBDCs, and sets up a Bitcoin Strategic Reserve, boosting Bitcoin's potential value. Read my BTC thesis.
Bitcoin’s march toward mainstream acceptance is well underway, and those paying attention stand to benefit the most.
As things stand right now, Bitcoin to have any degree of censorship resistance and privacy for a big portion of the world would depend on custodians. The best we can do in that regard is lots of small and local chaumian ecash mints, but to run an ecash mint requires running a Lightning node.
Their biggest backers include an unlikely group of insurance companies, mutual funds and other usually conservative bond investors.The software company turned itself into a bitcoin whale and now owns some $48 billion of the cryptocurrency.
Market analysts see higher floors as enthusiasm for digital assets surges despite uncertain economic indicators.
MicroStrategy said that it’s taking measures to manage $1.05 billion in corporate debt accumulated while stockpiling Bitcoin.