Bitcoin shatters records ahead of Bitcoin Pizza Day. Key Takeaways MicroStrategy’s Bitcoin holdings have reached a value of over $63 billion, reflecting over $23 billion in unrealized gains. Bitcoin’s recent price surge was influenced by many factors, including growing corporate adoption. Bitcoin’s ascent past $110,000 didn’t just break records, it minted billions for MicroStrategy. Michael Saylor’s bold bet has ballooned …
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Renowned Crypto Analyst Targets Bitcoin Price at $120K as Technical Indicators Flash Bullish
Bitcoin could reach $120,000 if it manages to maintain prices above $90,000. Large wallet holders started selling a significant portion of their Bitcoin when the price exceeded $100,000. Funds such as ETFs and leveraged long positions have been popular with investors. Bitcoin Defies Gravity: Will the Ascent Continue? Sinking glitter on the $103,000 mark-$103,000 was flashed to the world earlier …
Read More »Bitcoin Whales are Increasing But Their Activity Remains Unstable
Bitcoin bulls are putting their muscles to use, with price stuck at an obstinate $100K and achieving a 7% gain in the last seven days. The whale report tells a different story, though. Are these whales building a position, or simply shadowing? Mixed signals from the past month answer the $100,000 question with another question. Bitcoin is balanced on the …
Read More »My First Bitcoin Receives $1 Million Grant from Jack Dorsey to Expand Global Bitcoin Education
Bitcoin Education Gets a MillionDollar Boost My First Bitcointhe nonprofit organization working on the grassroots level to educate people about Bitcoinhas been awarded an astonishing $1 million grant from Start Small. This infusion of capital will supercharge their mission to deliver free, opensource Bitcoin education to a global audience. Get ready for a world of Bitcoin enlightenment, courtesy of My …
Read More »Decoding OP_RETURN in Bitcoin and What’s the Big Deal?
Bitcoin’s OP_RETURN: A data-dumping ground or a digital notary? This seemingly trivial script opcode lets users barge into a few precious bytes of messages on the Bitcoin blockchain. It could be thought of as having a digital signature, proof-of-existence, or a sneaky haiku in the ledger. For years, the message was held at less than 80 bytes. Now, a proposal …
Read More »Why Bitcoin’s $105000 Rally Might Fall Short of a New All-Time High
Bitcoin flirting with $105,000 has made waves in the market. Gone are the whispers; this rally is a roar! A month-long surge has changed the discourse in crypto, given Wall Street’s new-found love for it and the massive waves of bullish sentiment flooding down. However, conflicting market conditions may hold Bitcoin back from reaching a new all-time high. Bitcoin Holders …
Read More »Bitcoin Losing Dominance? Altcoins May Be Ready for a Breakout
Bitcoin’s grasp over the crypto throne is weakening as altcoins smell the opportunities. At one time, Bitcoin commanded more than 65% of the merchant capital; now it stands at a much lower 63.39%. Is this truly just a temporary stumble, or is it the dawn of another alternative-coin age? The investors are betting on the latter; hence, the increased interest …
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