🔥 LATEST: 💰 #Bitcoin price target hits $78K after Chinese stimulus package
With the People's Bank of China injecting $140B into the financial system, analysts predict a $BTC breakout.
/channel/Bitcoin_Magazine
FYI: 💰 Only 0.27% of the Global Population can own 1 #Bitcoin each.
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NEW: 🇺🇸 Senator Lummis speaks on 💰 #Bitcoin and says “people all over the world are embracing digital assets and digital technology. It’s here to stay and we want the US to be the leader in it.”
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ICYMI: 💰 BlackRock found a 84.9% allocation to #Bitcoin resulted in the optimal portfolio 🙌
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UPDATE: 💰 $MSTR alone now holds 1.3% of the total #Bitcoin supply❗️
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JUST IN: 🌎 Global M2 hit an all-time high
Historically, 🥇 #Bitcoin price follows 🚀
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NEW: 💰 This chart compares the previous #Bitcoin cycles since their halving dates based on percentage growth 📈
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🚨 LATEST: 💰 BlackRock is prepping for $35T Fed Dollar Crisis that's predicted to drive "institutional interest” in #Bitcoin.
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NEW: 🇺🇸 RFK Jr. sends a pro-bitcoin letter to The Economist in defense of 💰 Bitcoin mining 🙌
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🇺🇸 Donald Trump uses 🥇 #Bitcoin to pay at a bar in New York.
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BREAKING: 💰 MicroStrategy increased its raise to $875 million to buy more #Bitcoin and redeem outstanding Notes 🙌
/channel/Bitcoin_Magazine
🔥 BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years.
🤝 @Cryptocurrency_Inside ✅
💰 Bitcoin exchange reserves drop to 2018 levels
The number of Bitcoin held on exchanges significantly declined in September, dropping to levels last seen in mid-November 2018. Since the beginning of the month, Bitcoin exchange reserves have dropped from approximately 2.62 million BTC to 2.58 million BTC. This decline of nearly 38,000 BTC in just over two weeks follows a continued trend of Bitcoin flowing out of exchanges at an accelerated pace.
Source
/channel/Bitcoin_Magazine
💰 Private and Public Companies have grown their #Bitcoin holdings by 587% over the past four years — River Financial
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🇺🇸 Van Eck: 💰 "What I'm saying is Bitcoin is growing up and will eventually be half the total market cap of gold and that's about $350,000." 🚀
/channel/Bitcoin_Magazine
NEW: 💰 Jack Mallers explains the difference between #Bitcoin and fiat to music producer Rick Rubin 🎙
/channel/Bitcoin_Magazine
🇺🇸 LATEST: Kamala Harris finally breaks silence on crypto: Report
Kamala Harris has spoken publicly about crypto for the first time, pledging support for the industry while stressing consumer protections.
/channel/Bitcoin_Magazine
💰 "#Bitcoin is the most amazing mathematical miracle."
- Steve Wozniak, Apple Co-founder
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NEW: 💰 $MSTR is beating 100% of the S&P 500 with #Bitcoin 💪
/channel/Bitcoin_Magazine
🇮🇹 Giant "Study 💰 #Bitcoin" banner outside the Bank of Italy 🙌
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BREAKING: 🇺🇸 SEC approves options for BlackRock's spot 💰 #Bitcoin ETF
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🔥 BREAKING: MicroStrategy has acquired 7,420 BTC for ~$458.2 million at ~$61,750 per #bitcoin💰
Avg buying price $39,266 per bitcoin.
/channel/Bitcoin_Magazine
🇺🇸 Donald Trump saying this is "a new era" with 💰 #Bitcoin, "it's amazing"
/channel/Bitcoin_Magazine
🇯🇵 Japanese public company Metaplanet stock performance after adopting the #Bitcoin strategy.
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BREAKING: 🇺🇸 Louisiana state government now accepts 💰 #Bitcoin as payment
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BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50 basis points, first cut in over 4 years❗️
/channel/Bitcoin_Magazine
💰 Massive Bitcoin Rally Predicted For Next 6 Months After Fed Rate Cut
According to CME Group’s FedWatch tool, markets are currently pricing in a 59% chance of a half-percentage-point rate cut and a 41% chance of a quarter-point cut. There’s an overwhelming expectation that by the end of 2024, the Fed could implement up to 100 basis points in cuts, with nearly 60% odds of 125 basis points.
Source
/channel/Bitcoin_Magazine
The number of addresses transferring BTC to exchanges has fallen to 132,100, the lowest level since 2016. 📉
This could signal a reduction in selling pressure. 🧐
/channel/Bitcoin_Magazine