JUST IN: π Nearly $400M in Bitcoin shorts liquidated today!
Thatβs ON TOP OF yesterdayβs $1.4B wipeout.
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Thatβs ON TOP OF yesterdayβs $1.4B wipeout.
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Standard Chartered Bank predicts Bitcoin will hit $100,000 by the end of this year.
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JUST IN: π $200 billion VanEck's Matthew Sigel tells CNBC "I told you guys $100,000 would be next year, I still believe that" π
"Long term, 2029, say we can hit $500,000 if the if the cycle plays out as usual."
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"Long term, 2029, say we can hit $500,000 if the if the cycle plays out as usual."
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HISTORY: π Satoshi emailed Adam Back to say Hashcash was getting cited in the whitepaper, 18 years ago today.
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JUST IN: π Standard Chartered bank says Bitcoin could surge back to $100,000 this year, ending the "shallowest" bear market so far π
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JUST IN: π Bitcoin ETFs bought $1.6B through Thursday
Highest weekly inflows in 10 months! π
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Highest weekly inflows in 10 months! π
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ADAM O'BRIEN: π "Everyone holding STRC, I hate to tell you this, your grandkids are cooked because you did not buy Bitcoin.... STRC will be captured tenfold in a hundred years when you're having great grandkids."
"Show me a yield that was around a hundred years ago that is still thriving today. It does not exist... We're getting compressed as the spiral of the fiat collapse continues."
"That's the whole problem with Fiat is that it shrinks our time horizon. It shrinks our time span and we get greedy... We get lost in this cyclone of high time preference and Bitcoin is trying to eliminate that."
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"Show me a yield that was around a hundred years ago that is still thriving today. It does not exist... We're getting compressed as the spiral of the fiat collapse continues."
"That's the whole problem with Fiat is that it shrinks our time horizon. It shrinks our time span and we get greedy... We get lost in this cyclone of high time preference and Bitcoin is trying to eliminate that."
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BULLISH: πΊπΈ CFTC Chairman Mike Selig says: "If CLARITY continues to stall...the CFTC will utilize its existing authorities to begin establishing a regime for crypto asset markets." π
"We owe it to the American people to do so." β
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"We owe it to the American people to do so." β
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What a COMEBACK for Saylorπ₯
Strategy just flipped its $9.9B loss into a $2.1B unrealized profit at $78k BTC.
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Strategy just flipped its $9.9B loss into a $2.1B unrealized profit at $78k BTC.
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JUST IN: π $3.8 billion Pantera Capital tells CNBC the Bitcoin price is starting to βreverseβ to the upside π
"There's smart money now coming in, and there's real fundamentals to support the rebound in prices.β π
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"There's smart money now coming in, and there's real fundamentals to support the rebound in prices.β π
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BULLISH: π "Fast money is long gone. New buyers will step in... this will be seen as a good buying opportunity."
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ICYMI: π Pantera Capital says any Bitcoin pullback will be shallow because "smart money" is buying.
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NEW: π Adam Back-ed BSTRβs plan to go public as a Bitcoin treasury company via the Cantor Equity Partners I SPAC ends.
BSTR Holdings must now pay Cantor Equity Partners I $10M by Sept. 19 and $5M by Dec. 1, or may require Blockstream Capital Partners to pay instead.
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BSTR Holdings must now pay Cantor Equity Partners I $10M by Sept. 19 and $5M by Dec. 1, or may require Blockstream Capital Partners to pay instead.
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NEW: π Coinkite issues a new Coldcard firmware update to fix seed phrase security.
Earlier vulnerable seeds remain unsafe and should be replaced.
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Earlier vulnerable seeds remain unsafe and should be replaced.
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BlackRock bought $1.17 BILLION of Bitcoin and Ethereum in 48 hours.
11,098 BTC and 132,769 ETH flowed into BlackRock's ETF wallets in two days, per Lookonchain.
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11,098 BTC and 132,769 ETH flowed into BlackRock's ETF wallets in two days, per Lookonchain.
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Most G20 nations already regulate crypto trading, and Coinbase CEO Brian Armstrong says the US is "a major outlier."
The UK passed its framework just months ago.
Armstrong is calling on the Senate to pass the CLARITY Act when it comes to a vote on September 15.
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The UK passed its framework just months ago.
Armstrong is calling on the Senate to pass the CLARITY Act when it comes to a vote on September 15.
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