Bitcoin getting to $340,000 this cycle is a “very big ask,” but over the past five years, BTC has already won the macro asset returns game, research shows.
Bitcoin is facing selling near $123,218, but it remains on track to hit a new all-time high as long as it sustains above $117,000.
Developing nations can use crypto to bypass financial constraints, hedge inflation and attract investment. Emerging economies are discovering crypto’s power.
Michael Saylor’s Strategy added another $18 million in Bitcoin last week to mark the fifth anniversary of its BTC buying strategy, bringing its total holdings to 628,946 BTC.
Tether and Rumble have offered to acquire all shares of AI infrastructure operator Northern Data in a $1.17 billion deal that would make Tether Rumble’s top shareholder.
Experts are debating whether Bitcoin’s predictable four-year cycles are at an end as institutions get into crypto in a big way.
Bitcoin maximalist Samson Mow predicted ETH investors will rotate back to BTC, but previous market cycles suggest altcoin growth patterns will continue.
MicroStrategy, now known as Strategy, first purchased Bitcoin exactly five years ago on Aug. 11, 2020, a move that helped revive its share price after a two-decade lull.
Bitcoin is the “perfect asset” for the next 1,000 years, but it needs far bigger flows to compete with the US dollar and gold, a Bitcoin OG said.
Alena Vranova said that personal safety measures should not be ignored by Bitcoin and crypto investors with modest holdings.