Bitcoin broke through $76,000 following Trump’s election victory, with PlanB’s stock-to-flow model forecasting a $500,000 BTC price within four years.
Bitcoin news
Bitcoin is “acting weird,” one commentator argues as BTC price gains fail to capitalize on incremental new all-time highs.
MSTR has surged over 486% in the past 12 months, with the company planning to expand its Bitcoin holdings through a $42 billion purchase by 2027.
They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said.
Bitcoin hit a new all-time high at $77,000, boosting buying in several altcoins, which have also broken above their respective resistance levels.
Blackrock’s IBIT ETF now holds upwards of $33 billion in assets, more than the asset manager’s gold fund.
Donald Trump’s Nov. 5 win in the United States presidential election sets the stage for more institutional cryptocurrency adoption, according to a Benchmark research note.
Trump’s election win sparked a surge in searches, indicating increased retail investor interest in the digital asset.
Alchemy Pay’s new MTL licenses in Minnesota, Oklahoma, Oregon and Wyoming bring its total to eight US state licenses.
Spot Bitcoin ETF recorded a new all-time high of over $1.37 billion in net inflows a day after Trump’s victory.