Dennis Porter revealed that a certain US state will buy Bitcoin within four months, while the price of Bitcoin rose by more than $3,000 to the $97,000 mark. A US state will buy Bitcoin: A certain state is almost 100% certain to start buying Bitcoin within the next four months. Bitcoin price fluctuations: On January 2, 2024, Bitcoin returned to above $97,000, with a daily increase of 2.46%. ETF product filing: Several institutions submitted novel ETF product applications to the US Securities and Exchange Commission. Japanese companies increase their Bitcoin holdings: Japan's MetaPlanet plans to increase its Bitcoin holdings to more than 10,000 by 2025.
News about Bitcoin these days: Dennis Porter: A US state will start buying Bitcoin within 4 months. Dennis Porter, co-founder and CEO of Satoshi Action Fund (SAF), posted on the X platform that a US state is almost 100% certain to start buying Bitcoin within the next 4 months. He also said that his team is actively promoting the passage of relevant legislation, which is not a simple prediction but a real progress that is happening.
Bitcoin Cryptocurrency Btc Store Inspection
• Price fluctuations and market dynamics: On January 2, Bitcoin returned to above $97,000. Cryptocurrency stocks in the U.S. rose before the market opened. Microstrategy rose more than 6%, Mara Holdings rose more than 5%, and Canaan Technology rose 4.88%. Bitcoin broke through $96,000, with a 24-hour increase of 2.46%. At the end of New York trading, the main contract of CME Bitcoin futures BTC was quoted at $98,030.00, up 4.15% from the end of the previous trading day in New York. It traded in the range of $94,310.00-98,735.00 during the day. On January 3, according to Wall Street Journal, Bitcoin rose more than $3,000 during the session and re-entered the $97,000 mark.
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24-hour Btc liquidation chart
• ETF product filing: According to a report by Bloomberg on January 3, in 2024, many institutions submitted a series of novel ETF product applications to the U.S. Securities and Exchange Commission (SEC). ProShares plans to launch an S&P 500 index ETF denominated in Bitcoin, Strive Asset Management and REX Shares plan to issue ETFs that invest in convertible bonds of Bitcoin companies, and Volatility Shares proposed an inverse and leveraged Solana ETF as well as an ETF based on futures contracts to track Solana.
PANews reported on January 3 that according to CoinDesk Japan, Japanese hotel development and operation company MetaPlanet plans to increase its Bitcoin holdings to more than 10,000 by 2025, aiming to be among the top ten Bitcoin holding companies in the world. As of the end of 2024, the company has held 1,762 Bitcoins, worth approximately US$262 million.
