↑ Bullish Bitcoin Anticipates Tariffs and Boosted by Big Names
Fueled by anticipation of possible tariff impositions and buoyed by the involvement of prominent figures, Bitcoin's narrative experienced flux...
Former president, Donald Trump, has made several moves to establish the United States' Bitcoin Reserve. Saying that this could make the U.S the 'Bitcoin Superpower of the World', some are not so sure about this vision. The tariffs he had initiated could push Bitcoin prices down by 2025. Yet, some industry executives think Bitcoin reaching $150,000 is 'pretty achievable'.
On other the hand, the platform Rumble adds a substantial amount of Bitcoin to its treasury, acquiring $17.1 Million. This, while the price of Bitcoin fluctuates, falling and then rebounding and facing a 'critical time'. Amidst all these, Deutsche Boerse's Clearstream is to offer bitcoin and ether custody services. Meanwhile, MicroStrategy aims to buy more Bitcoin despite losses.
Recession fears loom over Bitcoin, just as the Singapore Exchange plans to roll out open-ended Bitcoin futures listings. The BlackRock CEO offers a serious warning as the Bitcoin and crypto price sell-off continues. Yet, there are insiders who think that Wall Street is quietly hinting at an ideological shift towards Bitcoin.
Buying Bitcoin is suggested as a 'smart' decision, even though some warn of potential 'panic selling'. Bitcoin falls under $80,000 due to recession fears and high-entry buyers are speculated to be driving sales pressure. Still, some investors believe 'massive accumulation' by Bitcoin whales might lead to a price surge. With all these going on, Jeff Garzik's Hemi Labs unveils a $440M mainnet to 'unify' Bitcoin and Ethereum.
Trump signs an order to establish a strategic Bitcoin reserve and the industry readies itself for what's to come. Women and Bitcoin investments are viewed as catalysts to the industry, just as Trump meets with crypto leaders and the Bitcoin strategic reserve overshadows the Digital Asset Summit.
Bitcoin News Analytics from Thu, 06 Mar 2025 22:50:26 GMT to Wed, 12 Mar 2025 22:07:08 GMT - Rating 1 - Innovation -2 - Information 0 - Rumor 0
