Michael Saylor, once an advocate for Bitcoin self-custody, has now shifted gears stating that “too big to fail” banks should take up the task of Bitcoin custody.
Metaplanet’s Bitcoin buying spree is far from over, as the company eyes further acquisitions to strengthen its crypto portfolio.
BlackRock has led in Bitcoin purchases in the recent past, thus re-igniting the overall crypto bullish sentiment, which was anticipated in the fourth quarter.
Publicly-listed Bitcoin miners have significantly contributed to this hashrate growth, now making up 28.9% of the network’s total hashrate as of September.
The Federal Reserve Bank of Minneapolis suggested that Bitcoin should be banned or taxed to help governments maintain permanent deficits and prevent fiscal imbalances.
A sudden surge in Bitcoin’s value has left thousands of traders counting their losses, with $135 million wiped out in liquidations over just 24 hours.
Craig Wright is accusing Bitcoin Core developers of misleading the market, claiming that the integration of recent upgrades has altered Bitcoin’s original design.
BTC price was stuck in tight consolidation near $68K, triggering a spike in profit taking. Will it derail further surge towards the March ATH?
The Kraken’s launch of Wrapped Bitcoin will further enhance the mainstream adoption of BTC through Web3 space across different chains.
According to Hougan, there are three major factors that he believes could drive the growth.
Market sentiment remains positive, with Polymarket predicting a 64% chance of Bitcoin hitting $70,000 in October.
The surge in Bitcoin futures open interest has a direct connection with the growing level of high leverage in the market.
BlackRock has led other fund managers and institutional investors in purchasing more Bitcoin (BTC) units ahead of the anticipated parabolic rally.
Presently, Tesla is believed to hold around 11,509 BTC, spread across 68 wallet addresses.
Polymarket indicates a 78% chance of a Republican Senate, 56% odds of a Democrat House, and a 39% likelihood of a Republican sweep compared to 16% for the Democrats.