Bitcoin Hits New Price Highs
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Saylor has also clarified that the company intends to keep buying, even at all-time highs. Interestingly, Strategy has never sold Bitcoin. Strategy's share price sits at 419.57 at press time, up over 0.66% over the last day.
Bitcoin set a new price record Wednesday, but analysts and industry bigwigs expect much larger gains ahead. Here are their lofty targets.
A widely followed crypto strategist believes Bitcoin (BTC) is primed to ignite a massive explosion after breaking out from a bullish continuation pattern.
Bitcoin reaches $109,767.52 as the 10-year Treasury yield approaches 4.6%, indicating a shift in investor risk appetite.
Bitcoin soared to record levels before dropping like a stone later in the day. U.S. equities saw their positive streak cut short.
According to SB 21, the state can only use money from the reserve to buy cryptocurrency with an average market capitalization of at least $500 billion over the past 24 months. This means Texas would only be allowed to invest in large, established cryptocurrencies like Bitcoin and possibly Ethereum, depending on market conditions.
Bitcoin's price is creeping back toward all-time highs this week, but one options trade is eyeing much bigger gains in the month ahead.
The granting of the IPA from ADGM’s FSRA paves the way for Bitcoin Suisse to secure full licensing soon, allowing it to provide regulated crypto financial services - including trading of virtual assets,