Bitcoin has once again been around $ 105,000 per coin, and has hardly fluctuated since last week. However, investors should not complain because coins have updated their new height at the beginning of the week full of action.
The price of the largest coin with a market capitalization has set a new record of $ 1008,786 on Monday before President Donald Trump's inauguration. According to Coingecko, it dropped by nearly 4%.
And despite the fact that President Trump has not clearly declared the Bitcoin Strategic Reserve plan in the first virtual currency presidential order, Bitcoin is still over $ 100,000.
After President Trump's election in November, Bitcoin rose over $ 100,000. The president promised to reduce regulations and support the digital asset industry. And in the process, he keeps his promise of cryptocurrencies, bothering some hardcore bitcoiners.
ETF movement
Last week, after the launch, investors paid billions of dollars on the fund, and this week continued to inflate to cryptocurrency investment.
However, the momentum has not stopped, and $ 826 million on Tuesday, according to the data of Far -side Investors, flowing into the fund on Tuesday alone. show。 By the weekend, $ 1.750 million assets have flowed into Bitcoin ETF.
It is a bullish attitude because Donald Trump is expected to be a plus for the industry. The Republican Party has been conducting elections based on the promise of supporting the industry, and the funding has become so easy to buy bitcoin.
Ross was released
Bitcoiner has been waiting for it for years. And on Tuesday, President Donald Trump protected the election promise to pardon Silk Road founder Los Wolblicht.
Bitcoin enthusiasts, mainly used to purchase pharmaceuticals using bitcoin, the founder of the Dark Web Electronic Commercial Site is released shortly afterwards and thanks to President Trump. He expressed his meaning. The cryptocurrency community flooded his digital wallet a BTC donation.
However, Wolbricht, who entered the prison in 2013, may be just sitting on a gold mine. The untouched bitcoin wallet, linked to Los Wolblicht and Silk Road, is currently storing $ 47 million.
Wolblicht has long been considered as a hero of the bitcoin community that created one of the first market to accept cryptocurrencies. And it has not yet been confirmed that the wallet is really his own, but it does not exceed the potential.
Where is the bitcoin?
Prior to the shocking victory of Donald Trump on November 5, the President promised a plan for Bitcoin's strategic reserve. However, after signing the first cryptocurrency Presidential Order on Thursday, the Bitcoiners noticed that they were -the orange coins they love were not mentioned. It was only written as “digital assets”.
“The Working Committee evaluates the possibility of state digital asset stockpiling, and proposes such a standard to establish such stockpiling that may be derived from cryptocurrencies that the federal government legally seized through the efforts of law execution agencies. I will do it. “
This news throws insults about “fucking coins” as usual, and further furious Bitcoin enthusiasts who believe that this news may lead to the construction of other digital coins hidden places by the government. Ta.
MicroStrategy's movement
Software company MicroStrategy shareholders seem to be fully agreed with the company's bitcoin strategy. On Tuesday, shareholders vote in favor of increasing the number of ordinary stocks by 30 times so that the company could secure more resources for purchasing cryptocurrency.
The news was announced when the company announced the latest bitcoin purchase, with 461,000 bitcoin (equivalent to $ 48 billion). And on Friday, the company announced that it will redeem more than $ 1 billion of existing debt accumulated early while accumulating savings.
Prediction forecast
In addition, British Bank Standard Chartard, a British Bank Standard Chartard, who has also announced very bullish predictions in the past, stated that bitcoin will continue to rise with the entry of the pension fund.
Bank analysts predicted that coins could reach $ 200,000 by the end of 2025, with the enthusiasm for the financial institution.
But this week, there was a larger price forecast of bitcoin by major companies. Larry Fink, CEO of Black Rock, said that the expansion of the introduction could increase asset prices to $ 700,000, and the coin -based founder and the highest executive officer (CEO). Brian Armstrong predicted that the price would be “millions of dollars” at the time of the undecided in the future.
Andrew Hayward editing
Daily report session Newsletter
In addition to the current top news articles, start every day with the original feature, podcasts, videos, etc.
