MicroStrategy's Michael Saylor Makes Bitcoin 'Satoshi' Statement: Details

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 71 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Bitcoin trading at $69,711, up almost 161% yearly

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Satoshi's vision was to create a decentralized, peer-to-peer electronic cash system that operates independently of central authorities. This vision has since evolved into a global phenomenon, with Bitcoin leading the charge in the cryptocurrency revolution.The"fire" Saylor refers to might mean the spark of innovation that has ignited a global movement toward decentralized finance.

This year's boom accelerated after the Securities and Exchange Commission allowed ETFs that invest directly in Bitcoin in January. In May, the regulator took a step toward authorizing comparable spot Ethereum ETFs., a crypto analyst, noted that it is anchored in a strong support zone between $69,380 and $67,350. This is where 1.97 million addresses acquired 964,000 BTC, and holding this level might be crucial for BTC to sustain its upward momentum.

In a bullish undertone, Ali reported that approximately 22,647 BTC, worth over $1.57 billion, were recently withdrawn from crypto exchanges.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.

Supermoon, OORT, Ammocrypt, & Sunrise Hosted 1,000+ Founders, Builders, Investors during Consensus 2024

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in ERROR

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MicroStrategy's Michael Saylor Reacts as Bitcoin (BTC) Price Hits $71,000Bitcoin extended its price surge to reach highs of $71,980 in today's session
Source: Utoday_en - 🏆 295. / 63 Read more »

Michael Saylor Reacts as BTC Price Successfully Reclaims $66,000MicroStrategy chairman Michael Saylor's post sparks interest as Bitcoin regains $66,000
Source: Utoday_en - 🏆 295. / 63 Read more »

Michael Saylor Predicts Pension Funds Will Need Some BitcoinMicroStrategy's Michael Saylor believes that SWIB's Bitcoin bet is only the beginning
Source: Utoday_en - 🏆 295. / 63 Read more »

Michael Saylor Spotlights Major Investment Board's Bet on BitcoinWisconsin Investment Board joins Michael Saylor's MicroStrategy in mega Bitcoin bet
Source: Utoday_en - 🏆 295. / 63 Read more »

Michael Saylor Breaks Silence on Bitcoin Dropping Below $68,000Vocal Bitcoin evangelist Michael Saylor reacts as Bitcoin plunges under $68,000 mark
Source: Utoday_en - 🏆 295. / 63 Read more »