Bitcoin's rebound has sparked anticipation from crypto options traders for an upswing to $100K. Exchange inflows are witnessing 10-year lows post an all-time high at $74K. In an interesting development, a particular company now holds more Bitcoin than any country.
Fidelity, the investment giant, has predicted another soaring trend for Bitcoin. Following its launch 800 weeks ago, Bitcoin has surpassed one billion transactions. The crypto market is not without its losses though. One unfortunate trader lost $70 million through a miscalculated send. Despite the dips and highs, investment in the sector continues to pour in, with
Botanix Labs raising $8.5 million for their Bitcoin-native DeFi ecosystem and Susquehanna International Group adding Bitcoin ETFs worth $1B to their portfolio. With the rise in global Bitcoin ETF adoption, Standard Chartered foresees a possible rally for Bitcoin in light of US fiscal dominance and a potential Trump win. As a new entrant, Dylan LeClaire has taken up the role of Director of Bitcoin Strategy at the so-called 'MicroStrategy of Asia'. Despite regulatory pressures, key figures from the crypto community, including
Arthur Hayes and Michael Saylor, continue their bullish stance towards Bitcoin's future growth.
Bitcoin News Analytics from Tue, 16 Apr 2024 07:00:00 GMT to Tue, 07 May 2024 22:37:02 GMT -
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