Cathie Wood, CEO of Ark Invest, predicts Bitcoin will reach $1.5 million by 2030, attributing its growth to its mathematically constrained supply, which she believes will drive its price upward over time.
Morocco is nearing the adoption of a legislative framework for crypto assets, as announced by the governor of Bank Al-Maghrib. The initiative seeks to balance financial innovation with effective regulation, positioning Morocco as a leader among developing nations in establishing clear crypto asset laws.
According to Bloomberg, 40% of MicroStrategy's Bitcoin purchases were made in the past 30 days, highlighting a significant recent acceleration in the company's accumulation of Bitcoin.
$BTC Bitcoin would need over 300 days of downtime to adequately defend itself from the ‘imminent’ threat of quantum computing, research finds $BTC #Quantum
BlackRock's spot Bitcoin ETF, IBIT, set a record as the most successful ETF launch in over a decade, attracting $418.8 million in net inflows on Dec. 16. This achievement places it ahead of roughly 2,850 ETFs, as noted by Nate Geraci, CEO of The ETF Store.
Michael Saylor dismissed critics calling MicroStrategy's Bitcoin strategy a Ponzi scheme, emphasizing its transparency, regulatory compliance, and long-term shareholder value. He defended Bitcoin as a strategic asset, not a fraudulent mechanism, and urged other corporations to adopt similar approaches. $BTC #MichaelSaylorEffect
Bitcoin is likely to keep rising next year, following historical trends. I expect the price to reach between $180,000 and $250,000. $BTC #BTCNewATHAgain
According to data from Glassnode, Bitcoin is experiencing its least volatile market cycle to date. This indicates that price fluctuations have been more stable compared to previous cycles, reflecting a maturing market and possibly increasing institutional participation or changing investor behavior. $BTC #Glassnode
In November 2024, USDT transfers reached a record high of $587.2 billion, marking a significant surge compared to previous months. $BTC #MicroStrategyJoinsNasdaq100
Bitcoin ETF have surpassed $100 billion in assets under management (AUM) and are on track to outpace the total AUM of gold ETFs in the near future, potentially within weeks. $BTC #BitcoinFTF
Solana's price is likely to revisit $200 as it encounters some bearish activity around the $230 to $240 range. However, if the bulls step in and push the price above these levels, we can expect Solana to climb back to $250 and beyond. $SOL #Solana
The #IO price is performing well, having increased by 18% in the last 24 hours. In the coming days, the price is likely to attempt breaking its previous all-time high of around $6 or higher. $IO
Floki's debit card, launched on December 9, allows spending digital assets at Mastercard merchants and supports eight blockchain networks. $FLOKI #FLOKIdebitcard