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A Crypto Whale is Collecting Bitcoin (BTC) Ahead of the Halving! It seems that the cryptocurrency industry has now entered a critical turning point. Although the leading cryptocurrency Bitcoin (BTC) has been facing more selling pressure in the recent period, this outlook seems to change in the coming days. There are only a few days left until Bitcoin halving. According to research, the much-anticipated halving will take place in Bitcoin on April 20. With this halving, a new upward trend may begin in Bitcoin or sudden withdrawals may occur. A successful crypto whale continues to collect BTC ahead of the halving. Popular crypto data provider Look On-Chain included the following words in its post on the subject: “A cryptocurrency whale accumulated 1,308 BTC (worth $7.85 million) from Binance 1 hour ago. This whale has accumulated a total of 113,735 BTC (worth $89.75 million) since March 6 at an average price of $68,617.” The continuation of BTC purchases by whales in the coming period may cause Bitcoin to rise sharply again with the halving frenzy. $BTC $ETH $BNB

A Crypto Whale is Collecting Bitcoin (BTC) Ahead of the Halving!

It seems that the cryptocurrency industry has now entered a critical turning point. Although the leading cryptocurrency Bitcoin (BTC) has been facing more selling pressure in the recent period, this outlook seems to change in the coming days.

There are only a few days left until Bitcoin halving. According to research, the much-anticipated halving will take place in Bitcoin on April 20.

With this halving, a new upward trend may begin in Bitcoin or sudden withdrawals may occur. A successful crypto whale continues to collect BTC ahead of the halving.

Popular crypto data provider Look On-Chain included the following words in its post on the subject:

“A cryptocurrency whale accumulated 1,308 BTC (worth $7.85 million) from Binance 1 hour ago.

This whale has accumulated a total of 113,735 BTC (worth $89.75 million) since March 6 at an average price of $68,617.”

The continuation of BTC purchases by whales in the coming period may cause Bitcoin to rise sharply again with the halving frenzy.
$BTC $ETH $BNB

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These Events Will Be Followed in Bitcoin and Altcoins Next Week! We have come to the end of another week in the cryptocurrency market. The chaotic process for the crypto industry still continues. Events that will take place next week and future economic data may affect the price movements of crypto assets. Here is the list of important developments that Bitcoin ($BTC ) and altcoin investors should follow closely next week: Monday, June 17: * #Binance will delist 4 altcoins named OMG, WAVES, WNXM and XEM. * Ethena (#ENA ) will make a tokenomic update. * ECB President Lagarde will make a speech. * The altcoin named Vanarchain (VANRY) is expected to publish a partnership announcement. * In Chiliz ($CHZ ), Dragon8 hard fork will take place. * FOMC members Williams and Harker will talk about inflation and interest rates in the USA. Tuesday, June 18: * European Region Annual Inflation Rate (#CPI ) will be announced. * FOMC members will hold a meeting and more than five FED officials will speak. Wednesday, June 19: * The financial market in the USA will be closed for Juneteenth. Thursday, June 20: * Unemployment Benefit Applications data in the USA will be announced. * The Governor of the Bank of England (BoE) will share the Inflation Report. * There will be a hard fork in the altcoin named Harmony Protocol (ONE). * $NOT and #BOME will be available for trading on Coinbase futures, while LISTA will be available for trading on the Binance spot market. Friday, June 21: * The US Federal Reserve (FED) monetary policy report will be published.
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Bitcoin (BTC) Statement from BlackRock Official. The highly anticipated Bitcoin exchange-traded funds (ETFs), which launched in January, have seen slow but steady adoption among financial advisors, according to Samara Cohen, BlackRock's Chief Investment Officer of ETFs and Index Investments. Speaking at the Coinbase State of Crypto Summit in New York, Cohen explained that approximately 80% of #Bitcoin ETF purchases are made by self-directed investors, likely through online brokerage accounts. iShares Bitcoin Trust (IBIT) was among the funds launched earlier this year. Cohen noted that hedge funds and brokerage firms were also active buyers, as evidenced by 13-F filings in the last quarter. However, registered investment advisors have become more cautious in their approach. “I would call them cautious…that's their job,” Cohen said of skeptical financial advisors. “An investment advisor is trustworthy to his clients. This is an asset class that has had 90% price volatility at times in history, and their job is really to build portfolios, do risk analysis and due diligence. That's what they're doing right now.” Cohen stated that this moment is important in terms of presenting key data, risk analysis and determining the role Bitcoin can play in a portfolio: “That's what an advisor is supposed to do, so I think this journey we're on is exactly the right journey and they're doing their job. ” Cohen sees #Bitcoin ETFs as a bridge between crypto and traditional finance, especially for investors who want to allocate their risk to $BTC without having to manage their risk across two different ecosystems. He noted that prior to the launch of ETFs, existing bridges to crypto were inadequate for some investors' needs.
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Michael Saylor Predicts Bitcoin Could Skyrocket to $8 Million Per Coin. Michael Saylor talked about his colorful journey with Bitcoin in his speech at the Prague event; He talked about his initial skepticism and eventual adoption. He admitted that when he first came across Bitcoin in 2013, he associated it only with online betting and therefore initially rejected Bitcoin. As a result, Saylor missed the opportunity when Bitcoin was around $892 and eventually bought #Bitcoin at $9,500. “I bought it for the price I deserved,” he said. Since then, Saylor has become a strong advocate for Bitcoin, calling it “digital gold” and emphasizing its independence from central authorities. Saylor noted that although Bitcoin has gained significant value over the years, skepticism remains. Talking about a hypothetical scenario in which Bitcoin reaches $950,000, he stated that there are still those who expect it to fall and that they will miss this opportunity when #Bitcoin potentially rises to $8 million. Some may find Saylor's estimate of $8 million per Bitcoin too ambitious, but he and many other analysts argue that this can be achieved through exponential growth. Considering Bitcoin's current trading price is around $66,000, reaching a valuation of $8 million would represent an increase of almost 12,000% from the current level. This would require Bitcoin's market cap to increase approximately 150-fold to $168 trillion. Michael Saylor's prediction that Bitcoin could potentially reach $8 million is a matter for much consideration in the crypto community. While this figure may seem astronomical, it highlights Bitcoin's exponential growth potential fueled by wider mainstream and institutional adoption. Bitcoin's journey remains worth watching as companies like #Saylor and #MicroStrategy continue to invest and ambitious goals push the limits of what's possible. $BTC
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