Bitcoin Surges: $1.7 Million Prediction
Bitcoin could surge to $1.7 million, according to analyses from @CryptoQuant_com and Glassnode, highlighting a potential bullish trend in the cryptocurrency market. #Update #Crypto $BTC (+5) ↗
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin could surge to $1.7 million, according to analyses from @CryptoQuant_com and Glassnode, highlighting a potential bullish trend in the cryptocurrency market. #Update #Crypto $BTC (+5) ↗
After pardoning Ross Ulbricht, speculation grows on potential clemency for Roger Ver, with @elonmusk’s interest fueling discussions in the crypto community about its impact on $BTC and early Bitcoin history. #Update #Legal $BTC (+3) ↗
Bitcoin’s hashprice has surged above $62 PH/s, the highest since December, driven by $BTC’s price exceeding $100,000 and increased miner fees. This recovery signals a bullish trend for miners post-halving challenges. #Update #Crypto $BTC (+6) ↗
Long-term holders of $BTC have reduced their selling pace, converting the psychological $100,000 resistance into support since January 17. This shift in strategy is significant amid recent market volatility. #Update #Crypto $BTC (+3) ↗
Corbin Fraser, CEO of @BitcoinCom, has ignited debate by accusing $ETH of prioritizing cultural and environmental ideals over utility, challenging its competitiveness in the crypto space. #Update #Crypto $ETH (-3) ↘
On-chain analyst Willy Woo predicts a “race of sovereigns” will drive Bitcoin ($BTC) prices higher, with sovereign wealth funds following El Salvador and Bhutan’s lead. $BTC is currently trading at $105,785 after hitting a new all-time high. #Update #Crypto $BTC (+5) ↗
Bitcoin mining remains profitable with production costs steady at $26,000-$28,000 per $BTC, says Canaccord Genuity. @Core_Scientific’s AI hosting deal with CoreWeave highlights shifting power supply uses. More co-hosting deals expected soon. #Update #Crypto $BTC (+4) ↗
Bitcoin ($BTC) surged past $105K following Donald Trump’s inauguration, with Ethereum ($ETH), Solana ($SOL), and meme coins like Dogecoin ($DOGE) also gaining. The global crypto market cap rose 3% to $3.64 trillion, despite a 36% drop in trading volume. #Update #Crypto $BTC (+6) ↗
@MicroStrategy has acquired 11,000 $BTC for $1.1 billion, reinforcing its position as a major player in the digital currency space. This purchase aligns with regulatory shifts under President Donald Trump and shareholder approval for increased stock sales. #Breaking #Crypto $BTC (+9) ↗
Bitcoin price rises 4% to over $106,000 amid market euphoria post-Donald Trump inauguration and ETF filings, with analysts eyeing a potential new all-time high as whale accumulation strengthens. #Update #Crypto $BTC (+6) ↗
@MicroStrategy has acquired 11,000 $BTC for $1.1 billion, increasing its holdings to 461,000 BTC valued at $48 billion as of January 20, 2025. This strategic purchase highlights the company’s robust financial maneuvers and commitment to cryptocurrency. #Breaking #Crypto $BTC (+8) ↗
@MicroStrategy shareholders will vote on a proposed stock increase to support its Bitcoin strategy, with current holdings at 450,000 BTC valued at $48.5 billion. The meeting is set for Tuesday morning in New York. #Update #Crypto $BTC (+6) ↗
@MicroStrategy shareholders have approved a 30x increase in authorized Class A shares to fund further $BTC purchases, aiming to enhance their Bitcoin strategy. The firm now holds 461,000 BTC worth over $49 billion. #Update #Crypto $BTC (+7) ↗
Bitcoin short-term holders are selling at a loss, impacting $BTC’s market dynamics as traders like Samuel Edyme navigate the volatile landscape shaped by past events like the FTX collapse and Terra Luna crash. #Update #Crypto $BTC (-3) ↘