Positive winds are blowing in the Bitcoin and cryptocurrency world these days. Despite market fluctuations, large investors have become active: According to Glassnode data, "shark" wallets holding 100 to 1,000 BTC added 54,000 BTC (worth approximately $4.66 billion) in just one week. This is the fastest accumulation rate seen since 2012 and shows strong buying appetite at market lows.
Michael Saylor, founder of institutional giant MicroStrategy, made an optimistic statement regarding quantum computing threats. Saylor stated, "Quantum computing will not break Bitcoin, but rather strengthen it. The network will be upgraded, active coins will migrate, lost coins will remain frozen. Security will increase, supply will decrease, and Bitcoin will become stronger," emphasizing that even potential threats will be beneficial in the long run. His company, MicroStrategy, continues to hold approximately $60 billion worth of Bitcoin, a world record.
There is also activity on the regulatory front. In the US, Coinbase is calling on Congress to remove taxes on small Bitcoin and crypto transactions, while Russia's largest stock exchange, the Moscow Stock Exchange, has requested regulators to lift the ban on Bitcoin and crypto trading.
Strong support is also coming from the Trump family. Eric Trump predicts that Bitcoin will experience "explosive growth" in the near future, while President Trump reiterated that his top priority is to make the US a world leader in the cryptocurrency space.
All these developments reinforce confidence in Bitcoin's long-term potential and create a positive atmosphere for the market. Now markets are waiting for #BOJRateHikeCountdown.
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Positive winds are blowing in the Bitcoin and cryptocurrency world these days. Despite market fluctuations, large investors have become active: According to Glassnode data, "shark" wallets holding 100 to 1,000 BTC added 54,000 BTC (worth approximately $4.66 billion) in just one week. This is the fastest accumulation rate seen since 2012 and shows strong buying appetite at market lows.
Michael Saylor, founder of institutional giant MicroStrategy, made an optimistic statement regarding quantum computing threats. Saylor stated, "Quantum computing will not break Bitcoin, but rather strengthen it. The network will be upgraded, active coins will migrate, lost coins will remain frozen. Security will increase, supply will decrease, and Bitcoin will become stronger," emphasizing that even potential threats will be beneficial in the long run. His company, MicroStrategy, continues to hold approximately $60 billion worth of Bitcoin, a world record.
There is also activity on the regulatory front. In the US, Coinbase is calling on Congress to remove taxes on small Bitcoin and crypto transactions, while Russia's largest stock exchange, the Moscow Stock Exchange, has requested regulators to lift the ban on Bitcoin and crypto trading.
Strong support is also coming from the Trump family. Eric Trump predicts that Bitcoin will experience "explosive growth" in the near future, while President Trump reiterated that his top priority is to make the US a world leader in the cryptocurrency space.
All these developments reinforce confidence in Bitcoin's long-term potential and create a positive atmosphere for the market. Now markets are waiting for #BOJRateHikeCountdown.
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