Bitcoin trends continue to draw the interest of billionaire tech CEOs, with Michael Dell's recent social media activity causing speculation about his potential involvement in crypto. Amidst this, MicroStrategy, guided by Michael Saylor, bought an additional 11.9k Bitcoin worth around $786M, reinforcing Saylor's firm belief in the digital asset. Experts such as the CEO of SkyBridge Capital, Anthony Scaramucci, suggest Bitcoin prices could surge by almost 300%. Financial services company Standard Chartered is forming a
Bitcoin and
Ethereum trading desk, embracing the crypto trend. However, there is evidence of market uncertainty — BTC options markets showing bias for $100k calls but Bitcoin ETFs witnessing net outflows of $900M in a week, and the German government starting a significant Bitcoin sell-off. Massive price changes are predicted, with a possibility of reaching $500,000 by October 2025 according to one billionaire investor. Meanwhile, Bitcoin's current price under $65K is leading to speculation of an impending S&P 500 correction. Winklevoss twins donated $2M in Bitcoin to support Trump but were refunded for exceeding the limit. Negative sentiments result as Bitcoin ventures under $64K, while the focus remains on the cryptocurrency's potential upturn.
Bitcoin News Analytics from Thu, 09 May 2024 07:00:00 GMT to Sat, 22 Jun 2024 22:20:40 GMT -
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- Information 7
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