K33 Research calculated that Bitcoin's ATH in this cycle will happen on January 17 — the calculations were made taking into account the historical duration of cycles between the first and last record of 318 days.
However, according to analysts, this time the timing may shift due to the election of a pro-cryptocurrency president in the United States, as well as against the backdrop of powerful crypto-buying by Bitcoin ETF issuers and companies like Microstrategy.
The British court found the fake Satoshi Craig Wright guilty of contempt of court and sentenced him to one year in prison and a fine of £145,000. Craig has gone on the run.
The investment giant BlackRock questioned the unchangeability of Bitcoin's issuance in its new video — Satoshi Nakamoto initially laid out a maximum supply of 21 million coins in the protocol, which is the most reliable protection against inflation.
Yes, issuance can be changed through a hard fork, but such a network will no longer be the real Bitcoin. That is, any attempts to change the figure of 21,000,000 will simply lead to the creation of new networks, rather than an update of the original BTC.
In response to a question about the strategic Bitcoin reserve, Fed Chairman Jerome Powell stated that his agency cannot own cryptocurrency by definition.
Fiat bank Tinkoff announced the launch of investment instruments on the blockchain. So far, it is only available to qualified clients, but from the beginning of 2025, everyone will be able to use it🤐
Bitcoin has grown by 26,930% in the last decade, which is shown in green on the chart. And other colors like S&P 500, gold, etc. are also down there under Bitcoin🙃
MicroStrategy will go bankrupt unless an asteroid crashes into Earth, as Bitcoin has never traded below the average purchase price of long-term holders (right now it's $30,000).
Simple math. MicroStrategy's debts are currently $7 billion, and the value of their Bitcoins is $46 billion. Even simply based on the price of corporate BTC, liquidation will only occur if the price of Bitcoin falls to $16,500.