BREAKING: US government moves 10,000 Bitcoin
The United States government is currently the largest geopolitical holder of Bitcoin, with 203,000 BTC under the control of the US.
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The United States government is currently the largest geopolitical holder of Bitcoin, with 203,000 BTC under the control of the US.
Bitcoin’s response to the CPI report was surprisingly muted.
The same study correctly predicted Bitcoin price to reach $65,732 in 2021, a mere $1,050 price difference from the previous all-time high.
Bitcoin’s 2024 bull run was mainly driven by institutional inflows, which could be the key to unlocking the next leg up.
If Bitcoin follows its standard post-halving trajectory, its price should be in the six-figure range by 2025.
Hive’s new high-performance computing platform clocked around $2.6 million in sales in the second quarter of 2024.
Bitcoin could gain significant traction from the growing M2 money supply, but a correction below $58,000 is still on the table before more upside.
Solana price could also rally above $250, catalyzed by the incoming altcoin season, according to Hayes.
Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue.
A unique trading pattern projects a massive upward move for Bitcoin price within the next few months.
