Strategy's Michael Saylor hints at resuming Bitcoin buying spree
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2025-02-23 16:28:33
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2025-02-23 16:28:33
Bitcoin will launch an “attack on the ATH” if BTCUSD delivers a weekly close above $97,000, according to traders and analysts. Why Bitcoin price must hold above $97,000 Bitcoin price is trading in a third consecutive bullish session in the daily timeframe, 6% above its Feb. 18 low of $95,000, as per data from Cointelegraph…
Franklin Templeton Unveils Crypto Index ETF Tracking Bitcoin and Ethereum Franklin Templeton has introduced the Franklin Crypto Index ETF (EZPZ), which offers exposure to Bitcoin and Ethereum. The ETF is custodied by Coinbase, with an initial allocation of approximately 87% Bitcoin and 13% Ethereum. The fund has a sponsor fee of 0.19%, which will be…
In 2024, Bitcoin (BTC -2.36%) soared past the $100,000 mark for the first time in its history. But that may just be a stepping stone to its ultimate destination: the $1 million price level. According to Cathie Wood of Ark Invest, Bitcoin is now on pace to hit the $1 million price point by the…
Montana’s attempt to invest public funds in Bitcoin was thwarted on Friday when a piece of legislation failed to gain approval in the House of Representatives. House Bill 429, introduced earlier this month by Representative Curtis Schomer, sought to create a special revenue account allowing up to $50 million to be allocated for crypto, stablecoins,…
The head of digital assets research at exchange-traded fund issuer VanEck says Bitcoin (BTC) has more upside potential. In a new interview on the David Lin report, Matthew Sigel says that over the near term, Bitcoin could go up by around 87% from the current level this year if the flagship crypto asset behaves like…
Strategy co-founder Michael Saylor has suggested that the U.S. could purchase 20% of the Bitcoin supply “for free,” and that owning 4 to 6 million BTC would “pay off the entire national debt.” Appearing at the annual CPAC conference, Saylor spoke in favor of a strategic Bitcoin reserve, arguing that “the dollar would strengthen” if…