Bitcoin Maxi and Advisor to El Salvador President Max Keiser Predicts BTC Price to Hit $375,000
Bitcoin maximalist Max Keiser also informed that he’s sitting on a staggering 20,000,000% profit on his BTC stash accumulated since 2011.
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Bitcoin maximalist Max Keiser also informed that he’s sitting on a staggering 20,000,000% profit on his BTC stash accumulated since 2011.
Robinhood’s clients in the European Union can buy and sell 25 tokens via a commission-free app.
The bill shows that New Jersey is following New York’s lead by establishing a comprehensive crypto framework.
The consensus within the crypto community is that a green light for a Bitcoin ETF is imminent, with expectations pointing towards an early approval in 2024.
According to Floki, DWF Labs has helped the ecosystem in many ways, including assisting in listing the token on crypto exchanges to make FLOKI accessible to users from around the world.
Market analysts interpret these recent filings as indications of the ongoing collaborative efforts between the SEC and major issuers to navigate the regulatory landscape.
While the SEC has yet to greenlight any spot ETF applications, the new filings lend further credence to the likelihood of a spot Bitcoin ETF approval soon.
As Bitcoin price has rallied past $42,000, the surge in BTC perpetual futures open interest suggests further price rally going ahead.
This integration with established financial institutions is expected to provide substantial support for the crypto sector.
Microstrategy has now realised more than $2 billion in profits directly from its repeated investments in Bitcoin.
The recent Bitcoin price pump to $42,000 has seen El Salvador’s BTC investment currently at a profit of about $3.6 million.
Bitcoin has become one of the top 10 assets in the world by market cap. This places it higher than Tesla, Visa, and Berkshire Hathaway stock.
Reuters said the launch of the BTC and Ether trading services by Unibanco comes a few months after two of the country’s companies exited the crypto market.
With MicroStrategy’s shares trading at $574 ahead of today’s open, a level not seen since April 2022, investors are closely watching the company’s performance amid the ongoing crypto resurgence.
Anticipation is building for the approval of a spot Bitcoin ETF in January 2024. If it happens, it could bring a significant influx of at least $12 billion to $14 billion into the BTC market, potentially driving up the price.