MicroStrategy, led by Bitcoin Bull, has positioned billions on Bitcoin with optimism for Trump's Crypto-focused administration. Trump plans on issuing crypto and Bitcoin executive orders, causing divided opinions among the public and traditional institutions.
Coinbase offers Bitcoin-backed loan services, allowing users to borrow large amounts in USDC. Wyoming and Massachusetts have proposed bills for strategic Bitcoin reserves, sparking speculation about Bitcoin's potential in the economy. Bitcoin's price prediction for 2025 is speculated to surpass $200,000. The crypto market anticipates Trump's inauguration with Bitcoin nearing a record high. Trump's potential influence on Bitcoin and smaller crypto coins has split opinions. The expansion of Bitcoin education and the introduction of Bitcoin ETFs signify development and preparations for future market conditions. Bitcoin touched $100,000 again, driven by CPI news, regulatory optimism, and Trump's bold vision for Bitcoin in America. A series of factors, including Trump's inauguration, inflation data, and the buoyancy of the tech sector, lead to the week's Bitcoin rally. Despite temporary dips, bullishness prevails with Bitcoin's funding rate remaining positive. Leaks regarding Trump's decisions cause a spike in crypto prices, leading to the launch of Bitcoin-backed loans for US users and impacting the global economic order. Despite some fears of a potential sell-off, experts argue for Bitcoin's continuous rise.
Bitcoin News Analytics from Tue, 31 Dec 2024 08:00:00 GMT to Sat, 18 Jan 2025 23:30:43 GMT -
Rating 8
- Innovation 7
- Information 7
- Rumor -3
