Bernstein analysts predict Bitcoin will hit $200K by mid-2025 and $1M by 2033, driven by strong demand for spot Bitcoin ETFs like @BlackRock’s $BTC fund. Miners’ reserves at a 14-year low fuel this price surge. #Bitcoin #Update
MicroStrategy (@MicroStrategy) gets an “Outperform” rating from Bernstein, with predictions of Bitcoin hitting $1M by 2033. $MSTR has a 90% upside, supported by its 214,400 BTC holdings. A $500M convertible note sale aims to boost reserves. #Update
Bitcoin lagged behind stocks and bonds in Q2 2024, dropping ~5%. Lower profitability post-halving and reduced Bitcoin ETF inflows contributed to the slump. Analysts still see potential highs. #Bitcoin #CryptoNews
Bitcoin ETFs saw a $226M outflow on June 13, 2024. Fidelity’s ETF lost $106M, Grayscale $62M, and Ark & 21Shares $53M. SEC hints at Ethereum ETF approval. #Crypto #Bitcoin
Binance to delist trading pairs ALPACA/BTC, MDX/BTC, NFP/TUSD, QUICK/BTC, and XAI/BNB on June 14, 2024, due to low liquidity. Launches BNB Incubation Alliance for blockchain startups. #CryptoNews #Binance
Bitcoin spot ETFs see $226.2M outflow amid price dip. @BlackRock’s IBIT bucked the trend with $18.2M inflow, while $BTC price hovers around $67,059. #Crypto #BitcoinNews
Bitcoin faces declines amid a bearish market trend, with the 20,000 BTC options expiry on June 14 setting the max pain point at $68,500. PCR of 0.49 suggests bullish sentiment. #CryptoNews #Bitcoin
Pepe, Solana, and Rebel Satoshi Arcade are top cryptos to watch. $SOL targets $500, while Rebel Satoshi Arcade eyes a 6,500% surge. Pepe aims to outshine dog-themed coins. #Crypto #Updates
Bitfarms’ stock surged 15% after announcing a large mining site in Sharon, PA, boosting power to 648 MW by 2025. Riot Platforms holds 13.1% shares. #Bitcoin #CryptoNews
Rep. Thomas Massie introduces bill to abolish the Federal Reserve, inspired by “The Bitcoin Standard” by Saifedean Ammous. The initiative has support from the Bitcoin community and GOP co-sponsors. #Bitcoin #FinanceNews
.@BitgetGlobal integrates the Bitcoin Lightning Network, enabling faster and cheaper Bitcoin transactions. This upgrade aims to solve scalability issues and enhance transaction efficiency. #CryptoNews #Bitcoin
Tether CEO Paolo Ardoino at BTC Prague 2024: “Bitcoin’s unmatched decentralization makes it a perpetual clock.” He critiqued meme coins and highlighted stablecoin regulation under MiCA. #Bitcoin #CryptoNews
MicroStrategy, led by @saylor, to issue $500M in convertible notes to buy more Bitcoin. Notes due 2032, targeting institutional investors. Current holdings: 214,400 BTC. $MSTR #Bitcoin #CryptoNews
Bitcoin ($BTC) faces strong resistance at $67.5K, raising doubts about hitting $100K by year-end. Spot Bitcoin ETFs and potential Fed rate cuts could boost prices. #Crypto #Updates
