Bhutan continues to leverage new technologies, particularly Bitcoin and blockchain, to boost its economy. According to several reports, Gelephu Mindfulness City (GMC) is ready to integrate digital assets such as Bitcoin, BNB and Ethereum into its strategic reserve. Mindfulness City…
TLDR The Quantile Bitcoin model suggests only a 5% probability of Bitcoin reaching $1 million in 2025, contradicting more optimistic predictions by analysts Based on statistical analysis and historical trends, the model predicts a 50% chance of Bitcoin reaching $300,000…
TLDR Bitcoin recently hit $100,000 but faced a decline to $94,543, challenging expectations of a sustained ‘Trump rally’ until the inauguration Arthur Hayes Predicts Bitcoin Rally in Q1 2025 Driven by Expected $612 Billion Fed Liquidity Addition Hayes recommends selling…
TLDR Long-term Bitcoin holders are showing increased accumulation activity Supply measures indicate a modest increase in long-term holder positions The expert Axel Adler Jr. reports changes in holder behavior Patterns emerge during periods of market consolidation The data suggests growing…
TLDR DOJ Approved Selling 69,370 Bitcoin (~$6.5B) From Silk Road Seizure The federal judge issued his decision on December 30 Battle Born Investments was unsuccessful in blocking the sale Assets originally submitted by “Individual X” Battle Born’s FOIA request to…
Key takeaways The US Department of Justice was authorized to sell 69,370 Bitcoin seized from Silk Road. Battle Born Investments opposed the sale but failed to block it. The US Department of Justice (DOJ) has received court approval to sell…
Phoenix Group, a crypto company based in the United Arab Emirates, is pushing hard to enter the US market. In a recent press release, the company said that its latest 50MW Bitcoin mining facility in North Dakota was now fully…
TLDR Bhutan’s Gelephu Mindfulness City (GMC) has announced plans to include Bitcoin, Ethereum and BNB in its strategic reserves, making it one of the first jurisdictions to do so GMC will focus on buying digital assets with large market capitalizations…
TLDR Bitcoin experienced a sharp decline from its December peak of $108,000, currently trading below $98,000 with continued downward pressure The price drop coincides with a strengthening US dollar and unexpected market reactions to the Federal Reserve’s rate cuts Key…
TLDR Robert Kiyosaki, author of “Rich Dad Poor Dad”, has bought additional Bitcoin after it reached $100,000, expressing confidence in potential growth to $175,000 – $350,000 by 2025 His investment strategy includes diversification across Bitcoin, silver and gold, citing concerns…
