Investing $1,000 in Bitcoin 10 years ago would have resulted in significant returns today. Despite the recent revenue ‘halving’, Bitcoin miners are largely diverging in their operations. Tesla's Elon Musk has sparked panic in the Bitcoin market with warnings of possible Federal Reserve bankruptcy. The mystery of the originator of Bitcoin continues to unravel via the HBO Documentary ‘Money Electric’. It is forecasted that liquidity in the Bitcoin Exchange-Traded Fund (ETF) is set to surge following SEC options approval— the bold prediction of a six-figure Bitcoin not far-fetched. On the other hand, a historic Bitcoin theft has been linked to a series of crimes in Connecticut. The FBI has arrested a man in Alabama for an SEC X hack significantly impacting the price of Bitcoin. Bitwise's CEO predicted that 2025 would be an exceptional year for Bitcoin, with a six-figure price. Meanwhile, ‘Trump trades’ leading to a rise in Bitcoin and other currencies, reveal shifts in crypto markets. SEC approval for Bitcoin ETF options represents a monumental milestone, while allegations suggest older Bitcoin holders exploit new investors.
Bitcoin News Analytics from Tue, 08 Oct 2024 07:00:00 GMT to Sun, 20 Oct 2024 00:30:57 GMT -
Rating 7
- Innovation 4
- Information 6
- Rumor -2
