Bitcoin to hit $1 million by 2027 using new adoption pricing model
Bitcoin to hit $1 million by 2027 using new adoption pricing modelBitcoin modeled as a resource with fixed supply cap, raising potential for rapid price escalation amid growing demand and strategic reserves.
Happy Wednesday!Exciting developments are shaping the future of Bitcoin and the broader cryptocurrency landscape. A new adoption pricing model suggests that Bitcoin could soar to $1 million by 2027, driven by its fixed supply and increasing demand. Meanwhile, the Satoshi Action Fund has revealed a draft for a potential executive order to establish a U.S. Bitcoin Strategic Reserve, utilizing seized Bitcoin as a foundation. In other news, BlackRock’s IBIT has emerged as the decade's top ETF for inflows, surpassing its competitors with over $36 billion in net flows. Additionally, Charles Hoskinson is advocating for the Cardano Foundation to relocate from Switzerland to more community-driven governance models in jurisdictions like Abu Dhabi and Wyoming. Stay tuned as these stories unfold! LATEST SLATECAST 🎙️ INTMAX’s stateless blockchain: Leona Hioki’s vision for privacy, scalability, and decentralization 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.64 trillion, with a 24-hour volume of $191.39 billion. The price of Bitcoin is $103,730.99, and BTC market dominance is 56.6%. The price of Ethereum is $3,863.71, and ETH market dominance is 12.8%. The best-performing sector is Cybersecurity, which gained 4%. The Crypto Fear & Greed Index is currently Greed (81). Bitcoin to hit $1 million by 2027 using new adoption pricing model
Bitcoin modeled as a resource with fixed supply cap, raising potential for rapid price escalation amid growing demand and strategic reserves. 📰 Top News
Satoshi Action Fund reveals potential executive order draft to establish US Bitcoin Strategic ReserveThe draft suggests allocating 2% of Exchange Stabilization Fund's portfolio value, with seized Bitcoin being used as a foundation for the Reserve. Charles Hoskinson urges Cardano Foundation to leave Switzerland for community-driven governanceHoskinson eyes jurisdictions like Abu Dhabi and Wyoming to redefine Cardano Foundation's governance model. BlackRock’s IBIT becomes decade’s top ETF for inflows, surpassing all rivalsIBIT secured over $36 billion in positive net flows, besting approximately 2,850 ETFs launched in the past 10 years.
Ad: What Does Spot Trading Mean in Cryptocurrency and How Is It Done?Spot trading in crypto provides immediate ownership and offers 24/7 market opportunities and challenges. 📈 Latest Insights
🗞️ More News
|
Older messages
Ripple secures NYDFS greenlight to launch RLUSD stablecoin
Wednesday, December 11, 2024
Bard Garlinghouse confirmed the regulator approval, stating the stablecoin will go live soon. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Russian lawmaker proposes strategic Bitcoin reserve to counter geopolitical challenges
Tuesday, December 10, 2024
As Bitcoin gains traction globally, Tkachev's plan positions Russia to use digital currency as a hedge against geopolitical financial barriers. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Trump wants Paul Atkins to lead SEC but he is reluctant to clean Gensler’s ‘mess’
Tuesday, December 10, 2024
Rumors claim Trump has chosen Paul Atkins for the SEC chair role, but the former commissioner is hesitant to take on the responsibility due to multiple factors. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin surpassing $100,000, sparks $675 million in market liquidations
Tuesday, December 10, 2024
Bitcoin's milestone pass triggers liquidation frenzy across leading altcoins. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
XRP enters corporate treasury reserves with Worksport and BC Bud Co investments
Tuesday, December 10, 2024
Market observers note institutional interest in XRP as companies diversify treasuries amid rising market appeal. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
You Might Also Like
⚡ He *accidentally* built a life-changing newsletter business
Saturday, December 21, 2024
Watch & listen to learn how. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
SEC Commissioner predicts early improvements for crypto ETFs under new leadership
Saturday, December 21, 2024
Changes such as staking for Ethereum ETFs and in-kind redemptions for Bitcoin products will likely to happen early on, says Hester Peirce. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Sonic Mainnet Officially Launched, Opensea Hints at Token Launch, NFT Trading Volume Shows…
Saturday, December 21, 2024
Avery Ching, Co-Founder and Chief Technology Officer of Aptos, will assume the role of Chief Executive Officer to lead the company into its next phase. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin pullback mirrors 2020 reversal 250 days post-halving, it then rose 140%
Friday, December 20, 2024
Repeating history? Bitcoin's cyclical journey suggests potential rise to $225000. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: Trump Pledges Full Support for Blockchain Industry Development, Nasdaq 100 Adds MicroStrategy…
Friday, December 20, 2024
The Federal Reserve announced its rate decision, setting the upper limit at 4.50%, in line with expectations and lower than the previous rate of 4.75%. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Reminder: Bitcoin Pushes Above $106K To Reach New ATH
Thursday, December 19, 2024
Jerome Powell Faces Pivotal Policy Decisions; Google Finally Launches Highly Anticipated New AI Agent Monday Dec 16, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR In this issue, we dive
Your biweekly source of crypto insights📈
Thursday, December 19, 2024
The $PENGU airdrop is only half claimed, but nearly a million wallets have participated in the drop already. 72% of those have sold or moved their ent A It's the talk of the town — most of the
Bitcoin falls to $100,000 following hawkish FOMC despite 25bp rate cut
Thursday, December 19, 2024
The profit-taking activity by long-term holders was met by new entrants' demand, reflecting a wealth shift movement. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
The story of BWEnews: China’s most Famous Cryptocurrency News Trader
Thursday, December 19, 2024
This provocative introduction comes from Vida, who claims to be the richest Gen Zer on Zhihu, with at least $7 million in available cash (approximately ¥51 million). ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Reminder: Bitcoin Makes History By Reaching Elusive $100K Mark
Thursday, December 19, 2024
We bring you the top stories in crypto every week! Stories like... Monday Dec 9, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR Welcome to this week's edition of CryptoWeekly Recap,