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$BTC
hold

Bitcoin
BTC

$44,075
creator Satoshi Nakamoto is assumed to hold around 1.1 million BTC, worth $46 billion today. This means the world’s richest person and first trillionaire might not be Elon Musk if Bitcoin ever reaches the high six-figure range.

Meanwhile, other prominent Bitcoin holders have also made billions from the rise in the BTC price over the past 15 years. One of the most notable examples is MicroStrategy CEO Michael Saylor, who is up a whopping $2.6 billion on his Bitcoin investment.

Seven-figure Bitcoin price

To surpass Elon Musk’s net worth of approximately $219 billion, the price of a single Bitcoin would need to reach approximately $1,054,000. This is a substantial 24x increase from current Bitcoin prices but it would nevertheless align with numerous price predictions. At the same time, this reflects the remaining big gap in net worth between the two entrepreneurs.

One practical, cost-free method to raise awareness about crypto is to inquire about the possibility of paying with Bitcoin
or any other cryptocurrency at stores, restaurants, supermarkets, etc.

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Bitcoin Slumps as $400M Liquidated in Two Hours

Financial services company Matrixport said it expects the SEC to reject all ETFs applications this month.$BTC #BTC

All signs suggest a spot bitcoin exchange-traded fund may well launch in the U.S.

A number of signs point to an approval in the near future – like continued meetings between SEC staff, exchanges and would-be issuers, as well as a flurry of filings.
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In the last few months, the bullish momentum has been picking up pace, with three strong bullish candlesticks, as Ethereum prepares for the next upgrade. The Cancun-Deneb (Dencun) update is expected for testnet in early 2024, following the Shanghai update, although it might come as soon as January. This latest upgrade intends to increase the Ethereum network’s efficiency, scalability, and security. Ethereum’s execution layer, while the Deneb upgrade will be to the consensus layer

On the other hand, the $2,500 barrier looms large on the upside, and a successful breach of this level might pave the way for a move toward the $3,000 mark. Ethereum has the ability to hit the $3,500 mark in the long run. However, the near term is likely to be characterized by choppy, back-and-forth price oscillations.

$ETH #ETH

Expectations that U.S. regulators will approve spot bitcoin ETFs next year are driving prices higher. History suggests we might see a slowdown as we approach the halving in April 2024.

Bitcoin Passes $43,000 Mark, Most Altcoins Register Profits