Saylor says BTC strategic reserve is ‘Louisiana Purchase’ moment for US
Michael Saylor previously forecasted that Bitcoin will reach approximately $13 million per coin by 2045.
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Michael Saylor previously forecasted that Bitcoin will reach approximately $13 million per coin by 2045.
Nassim Nicholas Taleb says gold still stands apart as a store of value.
Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds.
Galaxy’s head of research expects the funds to see inflows as investors buy the dip.
Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers.
Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout.
Jump Trading significantly contributed to the crypto market sell-off and it could be looking to sell another $104 million worth of wstETH.
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000.
Crypto whales are positioning themselves for the next “altcoin season,” while DeFi loans are seeing a resurgence back to 2022 highs.
The last time Bitcoin whales moved this many coins from exchanges was when the BTC price was around $220 in 2015.
