Bitcoin traders are feeling bullish about a potential “nuclear” rally amid rumors of over-the-counter exchanges “running short of Bitcoin.”
Bitcoin news
Stephen Mollah is the latest to claim he invented Bitcoin, and a London event to show proof of the claim was reportedly “hilarious and heart-breaking.”
Around 500 BTC has been moved from a Mt. Gox-associated address but it is unclear if this is related to repayments.
Coinbase’s share price experienced its largest daily drop in over two years amid a broader stock market decline, yet traders remain bullish on the firm’s earnings prospects for 2025.
CleanSpark CEO Zach Bradford said it was a strategic move for the firm to increase its mining capacity in Tennessee.
Giancarlo Giorgetti said cryptocurrencies like Bitcoin presented a “very high level of risk,” highlighting the need for additional taxes.
One analyst raised his price target from $245 to $300 per share on news of MicroStrategy’s bold Bitcoin buying plans.
Sovereign pension funds are increasingly seeking exposure to Bitcoin following the introduction of spot ETFs in the United States.
Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ.
The Bitcoin data center firm is deploying an additional 10,000 miners to Stronghold’s Scrubgrass site.