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Strategy co-founder Michael Saylor hinted at another Bitcoin purchase by the software firm with a cryptic post on the social media platform X, wherein he shared a snapshot of the SaylorTracker chart. Saylor posted a snapshot of the chart on X on multiple occasions in the past. Each post was followed by an announcement that the recently-rebranded Strategy bought BTC. In the post yesterday, Saylor said to his 4.1 million followers, “Death to the blue lines. Long live the green dots.” Strategy BTC Holdings Achieve An Unrealized Gain Of 50% Strategy started its aggressive accumulation of the leading crypto back in 2022. According to SaylorTracker , the firm currently holds 471,107 BTC , valued at over $15.31 million at current prices. This marks a more than 50% unrealized gain for the software giant’s BTC investment. Strategy’s last purchase was on Jan. 27, and saw the company acquire 10,107 BTC worth $1.1 billion at an average purchase price of $105,596. The l...

Bitwise Investments predicts that Bitcoin, Ethereum, and Solana will all reach new all-time highs in 2025, according to a crypto prediction note by the firm. The asset manager released new price predictions for each cryptocurrency Tuesday, revealing expectations for each to surge to new ATHs. JUST IN: Bitwise predicts #Bitcoin, Ethereum, and Solana will all reach new all-time highs in 2025. Bitcoin: $200,000 Ethereum: $7,000 Solana: $750 — Watcher.Guru (@WatcherGuru) December 10, 2024 The prediction states that Bitcoin could reach $200,000; Ethereum Ether may hit $7,000; and Solana SOL to hit $750. Each of these predictions indicates roughly 100% gains from current prices. Bitwise went on to cite multiple potential catalysts for these surges, including: Institutional Investments Corporations Buying In Potential US Bitcoin Strategic Reserve Healthier Regulatory Climate Upsized Allocations On the other hand, the firm also acknowledged several potential headwinds that could halt the...

Bitcoin reached a new all-time high of $76,943, driving gains across major altcoins like Cronos (CRO), Pendle (PENDLE), Stellar (XLM), Cardano (ADA), and XRP (XRP), which all saw significant increases in the past 24 hours. Bitcoin is trading at $76,224, up by 1.78% over the past day.  The surge in Bitcoin’s price follows $1.3 billion in inflows to spot Bitcoin ETFs, which occurred shortly after Donald Trump’s recent U.S. election victory. Altcoins often follow Bitcoin’s price trends, and as Bitcoin sets new records, other digital assets tend to see similar upward momentum. The market shows increasing signs of broader adoption and structural maturity with the combination of institutional support, ETF activity, and ongoing project upgrades. As such, InsideBitcoins curates a list of the best crypto to buy now , aiding investors in the search for tokens with significant gains. Best Crypto to Buy Now Crypto All Stars has seen notable growth, indicating strong intere...

The Impact of Bitcoin ETFs on the Crypto Market! Introducing Bitcoin ETFs is a milestone that could reshape the cryptocurrency landscape. With major financial institutions backing this innovative financial product, Bitcoin ETFs are poised to create a ripple effect across the crypto market. What is a Bitcoin ETF? An Exchange Traded Fund (ETF) is a financial product that tracks the price of an underlying asset, such as commodities, stocks, or in this case, Bitcoin. Unlike buying Bitcoin directly, an ETF allows investors to gain exposure to Bitcoin without the need to handle it or manage a cryptocurrency wallet. Bitcoin ETFs offer a simplified, secure way to invest in Bitcoin through traditional stock exchanges, allowing traders to buy shares of the ETF just as they would any other asset. This combination of ease and familiarity is one of the primary reasons why Bitcoin ETFs are gaining traction among institutional and retail investors alike. Boosting Institutional Adoption The launch of ...

Pro-Ripple XRP Lawyer John Deaton has secured the GOP nomination by winning the Massachusetts Republican primary. John Deaton will now face current Massachusetts senator and Democrat Elizabeth Warren for the senate seat this Fall. John Deaton is one of the founders of CryptoLaw US in 2021, covering key US legal and regulatory developments in the world of cryptocurrency. He is a known supporter of Ripple XRP, the digital currency of Ripple Labs, who were involved in a high-stakes court battle against the SEC throughout 2023. Image Source: Unsplash Warren, on the other hand, is a strong critic of XRP and all of cryptocurrency. The current Massachusetts senator believes that crypto is a gateway for criminals and wrongdoers to finance their illegal activity. While Deaton was supportive of the passing of Bitcoin ETFs in January, Warren criticized the SEC for the approval. According to Deaton, the current senator had proven ineffectual in addressing issues such as healthcare and America’s so...