U.Today – MicroStrategy chairman and cofounder Michael Saylor has sparked excitement within the crypto community by launching a poll, asking, “How fast do you expect BTC to appreciate annually in USD over the next ten years?” The results reveal strong bullish sentiment among respondents, suggesting a significant price boom aheadContinue Reading
U.Today – Despite trading at the lower levels of the monthly trading range, the first cryptocurrency is unlikely to have any problems moving upwards, considering the current distribution of liquidity. The provided chart shows that the majority of selling pressure is located far above the $70,000 threshold, and the onlyContinue Reading
U.Today – Peter Brandt, a veteran trader known for his keen market insights, has recently put forth a compelling argument for , underscoring the potential for the eventual decline of fiat currencies. Brandt’s analysis draws on historical parallels and technical patterns to highlight Bitcoin’s growing significance in the global financialContinue Reading
U.Today – Mt. Gox trustees have announced the start of and repayments for investors, according to BBG. This announcement practically means that we will witness the redistribution of BTC and BCH locked for Mt. Gox investors since the infamous hack in 2011. After losing more than 700,000 BTC in aContinue Reading
U.Today – Samson Mow, permanent $1 million advocate and chief executive officer at BTC adoption-focused company Jan3, has made another bullish BTC statement. Mow has shared his prediction that the world’s flagship cryptocurrency will finally reach one million in the year 2025. Mow tweeted that Bitcoin is likely to skyrocket,Continue Reading
U.Today – In a recent and somewhat unexpected Bitcoin-related post, CTO David Schwartz clarified his thoughts regarding crypto holding and selling strategies. Schwartz shared an approach from his personal holdings, shedding light on the behavior of Bitcoin’s early investors, particularly those from the early days of the cryptocurrency’s rise. TheContinue Reading
U.Today – miners have been actively selling their holdings since the halving effect kicked in. As the on-chain data suggests, the amount of selling pressure coming from Bitcoin miners is not descending, and at the current pace, there will be very little BTC left to sell. The halving event usuallyContinue Reading
U.Today – Nayib Bukele started his second term as President of El Salvador yesterday, continuing his administration’s pioneering efforts in cryptocurrency adoption. Since September 2021, has been the official legal tender in the South American country. As a reminder, in his first term, Bukele has reaffirmed his commitment to purchasingContinue Reading
U.Today – (BTC) retail on-chain accounts are demonstrating interest in buying the orange coin at current prices. The metric has been surging during the last few weeks and has already added 7%, which can be treated as positive signal, the analyst says. Bitcoin (BTC) retail investors’ demand surging as priceContinue Reading
U.Today – , the largest cryptocurrency by market capitalization, has recently reached a one-month low, as this year’s record-breaking rise shows indications of exhaustion in the lack of new market drivers. Amid this downturn, Michael Saylor, the cofounder and chairman of MicroStrategy and a well-known Bitcoin advocate, responded with hisContinue Reading
