25 Oct 24 - 📉 Bitcoin options on Deribit show just a 9.58% chance of hitting $100K by Dec 27, but a realistic 22% chance of reaching $82K. Market volatility remains moderate; U.S. election results could impact prices, especially if crypto-favorable Trump wins.
25 Oct 24 - 📈 Standard Chartered predicts Bitcoin could hit $125K if Republicans gain control in Congress, with BTC reaching $73K by Nov. 5. A Trump win could boost BTC another 10%, while a Harris victory may see BTC settle around $75K by year-end.
25 Oct 24 - 🗳️ Microsoft shareholders to vote Dec 10 on adding Bitcoin to its balance sheet. Board advises against, stating they already review “a range of investable assets.” Proposal highlights Bitcoin’s inflation hedge, but board remains focused on AI.
25 Oct 24 - 💸 ECB calls Bitcoin “unfair” while promoting inflationary policies, but critics argue that central banks, not Bitcoin, are driving economic inequality through money printing and quantitative easing. Bitcoin’s inelasticity counters inflation, shielding holders.
25 Oct 24 - 🚀 MicroStrategy’s stock, up 1,570% since 1999, now surpasses Microsoft’s 1,460% gains, driven by a Bitcoin strategy that has brought its BTC holdings to 252,220 BTC ($17B). Market cap nears $50B, solidifying its lead as the largest corporate Bitcoin holder.
25 Oct 24 - 📊 Binance reports that 80% of spot Bitcoin ETF demand comes from retail investors shifting holdings from wallets and exchanges for added regulatory protection. Institutional demand is growing slowly, with only a few big firms actively involved so far.
25 Oct 24 - 📊 Bitcoin ETFs near 1M BTC milestone, led by BlackRock’s IBIT with $482M inflows in 2 days. Total ETF holdings at 967,459 BTC, approaching Satoshi’s 1.1M. Last week’s inflows hit $2.1B, but analysts warn high inflows can precede price drops.
25 Oct 24 - 📜 Pennsylvania House passes “Bitcoin Rights Bill” in a 176-26 bipartisan vote, aiming to clarify crypto regulations on self-custody, payments, and taxes. The bill moves to the Republican-led Senate; if passed, it heads to Gov. Shapiro for final approval.
25 Oct 24 - 📈 MicroStrategy stock hit $230, its highest price in nearly 25 years, as Bitcoin surged to $67,600. With 252,220 BTC worth $17B, the firm is now seen as a “Bitcoin bank,” leveraging equity and debt to expand its holdings. Stock is up 426% this year.
25 Oct 24 - 💰 Bitcoin miner TeraWulf plans a $350M convertible notes offering, due 2030, to fund its $200M share buyback and corporate expenses. Initial buyers can add $75M within 13 days. TeraWulf mined 176 BTC in Sept, with a market cap of $2.44B and 170% YTD stock gain.
24 Oct 24 - 🐋 Bitcoin whales holding 1,000+ BTC have surged to 1,678, the highest level since January 2021. Whale accumulation signals strong demand and potential for a price rally, while retail investors added just 1,000 BTC in 30 days. Will BTC hit $80k soon?
24 Oct 24 - 📈 Bitcoin’s MACD flashes a bullish signal, the first since Oct 2023, hinting at a long-term upside. Despite BTC’s dip to $60,063, traders see parallels with 2021’s rally before its all-time high. Will this signal lead to new record prices?
24 Oct 24 - 📊 Japan stalls crypto ETFs as regulators hesitate despite past scandals like Mt. Gox. Meanwhile, the U.S. and Hong Kong approve spot Bitcoin and Ether ETFs, attracting billions. High taxes still deter Japan’s broader crypto adoption.
23 Oct 24 - 🚀 BitFuFu acquires an 80-MW Bitcoin mining facility in Ethiopia to reduce costs and boost capacity. With Bitmain’s S21 equipment, this facility will add 4.6 EH/s, pushing BitFuFu’s global capacity beyond 600 MW and leveraging low energy prices to improve profits.
23 Oct 24 - 💥 Bitcoin bull Anthony Pompliano sparked speculation with a cryptic tweet: “$35,770,000,000,000.” Gemini responded, “35,770,000,000,000 reasons for Bitcoin,” suggesting this might reference the U.S. national debt. The debt crisis fuels Bitcoin’s appeal as a hedge.
23 Oct 24 - 🚀 Bernstein’s report predicts Bitcoin could hit $200K by 2025, citing rising institutional adoption through ETFs. With Bitcoin already up 120% over the past year, the report highlights MicroStrategy’s BTC strategy and expects mining consolidation to drive growth.
23 Oct 24 - 💡 Bitcoin ETFs saw $79M outflows, ending a two-week buying streak as BTC price consolidates near $67,000. The ARK 21Shares ETF led with $134M outflows, while BlackRock’s IBIT saw $43M inflows, highlighting institutional pause amid sideways price action.
23 Oct 24 - 💡 Billionaire Paul Tudor Jones turns to Bitcoin, gold, commodities, and tech stocks as an inflation hedge, avoiding fixed income. Concerned about rising inflation post-election, he highlights the potential risks of government spending and tax cuts.
23 Oct 24 - 🚨 Tesla still owns $780M in Bitcoin after splitting 11,509 BTC into seven wallets, Arkham Intelligence reports. Speculation suggests the move could be to a crypto custodian. Tesla remains the third-largest Bitcoin holder, behind MicroStrategy and Marathon Digital.
