#385 - Bitcoin's Rocky Ride: Triumph or Turbulence?
1. Max Keiser predicts Bitcoin to soar to $2,200,000, XRP price turns bullish, and Shiba Inu burn rate collapses despite price rise.
2. North Korean hackers led significant crypto heists, including DMM Bitcoin's $308 million loss, highlighting ongoing security vulnerabilities in the industry.
3. MicroStrategy aims to raise $42 billion to expand its Bitcoin holdings, seeking shareholder approval to increase authorized shares and issue new equity.
4. Dan Morehead predicts Bitcoin will reach $117,000 by August 2025, driven by the four-year halving cycle and growing institutional interest.
5. Russian firms increasingly use Bitcoin and stablecoins like Tether (USDT) to circumvent international sanctions, facilitating cross-border transactions efficiently.
6. Russia is leveraging Bitcoin to circumvent Western sanctions, marking a significant shift in global financial dynamics and raising questions about regulatory oversight.
7. Bitcoin price holds steady near $98,000 as Russia starts using BTC for international trade and MicroStrategy expands its Bitcoin holdings with a massive share expansion plan.
8. Bitcoin has surged past $100,000, driven by ETF inflows, post-election momentum, and institutional demand, with analysts predicting further growth in 2024 and 2025.
9. Bitcoin's price could surge to $250,000 by 2025, predicts Tom Lee, driven by institutional adoption and a favorable regulatory environment, while another coin, Dawgz AI, may offer even higher returns.
10. Spot Bitcoin ETFs experienced significant outflows totaling $1.5 billion over four days, marking the longest streak since Donald Trump's re-election, despite Bitcoin's price fluctuations.
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