Investing Cryptocurrency News·
A bipartisan group of more than a dozen U.S. representatives has introduced legislation to enshrine a Strategic Bitcoin Reserve in federal law, mandate a minimum 20-year holding period, and direct the Treasury Department to acquire up to 1 million bitcoin over five years. Bipartisan ARMA Bill Targets 1 Million Bitcoin Reserve Congressman Nick Begich (AK-AL) […]
Bitcoin has fallen back toward the $77,000 region after losing a key ascending trendline support that had guided its recovery from April lows. According to data from crypto.news, Bitcoin (BTC) price traded near $77,200 during Friday’s session after briefly losing…
Michael Saylor is calling $60,000 Bitcoin’s floor. The Strategy co-founder made the claim during a Thursday appearance on CNBC’s Squawk Box, saying the asset is now entering what he described as a “spring phase” — backed by solid support levels and a favorable broader market environment. Related Reading: Zcash Soars 88% In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle? A Target Built On Bold Math Saylor’s confidence ties back to a specific projection he has held for some time: a 30% average annual return for Bitcoin. That number forms the backbone of his prediction that Bitcoin will hit $13 million by 2045, a figure he arrived at by modeling a 29% yearly return sustained over roughly 19 years. Among the forces he expects to drive that growth are institutional adoption, government-level treasury strategy, and Bitcoin’s fixed supply — factors he believes will pull capital away from gold and traditional financial markets. $MSTR Co-Founder @saylor explains why he thinks $BTC will
The current value of those Papa John’s pizzas reflects how much Bitcoin as an asset and a network has grown.
Trump Media & Technology Group has transferred another 2,650 Bitcoin worth about $205 million to Crypto.com, adding fresh scrutiny to the company’s crypto treasury strategy as its holdings remain deeply underwater. According to blockchain analytics platform Lookonchain, the transfer was…
Bitcoin rallied for 90 days after its dip below $60,000, breaking the record for the longest uptrend within a bear market in BTC price history.
The US government is reportedly investing in Quantum Computing, the technology that could end up acting as a possible threat to Bitcoin. US Commerce Department To Give $2 Billion To Quantum Computing Firms As reported by CNBC, the US government is set to award grants to nine companies operating in the Quantum Computing sector. The […]
The sanctions deepen US-Iran tensions, complicate Lebanon's political landscape, and heighten compliance burdens for global financial systems. The post US sanctions nine individuals including Iran’s ambassador to Lebanon over Hezbollah ties appeared first on Crypto Briefing.
