Bitcoin Debate Challenge: Schiff vs Saylor
Peter Schiff claims Bitcoin has only grown 12% over five years, while Michael Saylor argues it’s the top-performing asset since August 2020; Schiff challenges Saylor to a public debate. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Peter Schiff claims Bitcoin has only grown 12% over five years, while Michael Saylor argues it’s the top-performing asset since August 2020; Schiff challenges Saylor to a public debate. #Update #Crypto $BTC
Bitcoin’s stochastic RSI is mirroring the end of its 2022 bear market, with key signals indicating potential price recovery. Analysts are watching for bullish divergence on weekly RSI. #Update #Crypto $BTC
Bitcoin ETFs saw $471M inflows Monday, led by BlackRock’s IBIT with $181.9M, amid geopolitical tensions over Iran’s Strait of Hormuz reopening plan. #Update #Crypto $BTC
Bitcoin remains below the short-term holders’ cost basis, indicating a continued bear market, says analyst Willy Woo. Current STH cost basis is $81,000 with Bitcoin at $69,500. #Update #Crypto $BTC
Tokyo’s Teamz Summit opens April 7, discussing Japan’s crypto ambition amid FSA’s regulatory shift for institutional growth; JVCEA reports $10B February volume. #Update #Crypto
Grayscale’s Zach Pandl warns that Bitcoin’s quantum threat is more social than technical, urging the community to decide on handling 1.7M BTC at risk, while post-quantum cryptography efforts are underway. #Update #Crypto $BTC
@AnthropicAI has secured a multi-gigawatt TPU compute deal with Google and Broadcom, intensifying competition for energy resources with bitcoin mining as AI demand surges. #Update #Crypto $BTC
A solo Bitcoin miner using solo.ckpool.org mined block 943,411, earning 3.139 $BTC (~$210K) against 1-in-28,000 odds, as major firms sell BTC for AI pivots. #Update #Crypto $BTC
Bitcoin hovers near $70,000; $6B in shorts could be liquidated if price hits $72,500. Bearish sentiment rises with geopolitical tensions and regulatory uncertainty impacting market mood. #Update #Crypto $BTC
Japan’s Diet passed a budget to reduce crypto tax from 55% to 20% by 2028, aiming to prevent Web3 exodus; critics say the timeline hinders bitcoin ETFs. #Update #Crypto $BTC
Willy Woo identifies three indicators signaling Bitcoin’s bear market end, predicting an 8-12 year consolidation phase and highlighting post-quantum computing challenges. #Update #Crypto $BTC
Bitcoin traded at $68,780 as U.S. spot bitcoin ETFs saw $471 million in inflows, the highest since February, amid weak demand from large holders. #Update #Crypto $BTC
Crypto betting is gaining traction as blockchain tech enhances speed, security, and user control. Platforms offer diverse options and incentives, driving global adoption. #Update #Crypto
Bitcoin ($BTC) struggles to reclaim $70,000 amid profit-taking pressure, hitting a peak of $70,275 as market nerves rise over US-Iran tensions. Traders eye $71,000 for potential upward momentum. #Update #Crypto $BTC