Bitcoin being widely used for daily payments in the future is just “out-of-the-money-option value upside,” according to BlackRock’s head of digital assets Robbie Mitchnick.
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Bitcoin being widely used for daily payments in the future is just “out-of-the-money-option value upside,” according to BlackRock’s head of digital assets Robbie Mitchnick.
A lack of conviction among “weak” hands will cause new Bitcoin holders to dump at the first sign of trouble, worsening market drawdowns.
The Cardano blockchain network suffered a temporary chain split on Friday due to an old software bug triggered by an abnormal transaction.
The crypto exchange said the planned internal migration is a normal, “best practice” in the industry to maintain cybersecurity standards.
Bitcoin ETFs pull in $238 million as Ether funds end an eight-day outflow streak and Solana products extend a ten-day run of inflows.
A solo Bitcoin miner earned 3.146 BTC worth $266,000 with a computing power of only 1.2 TH/s, beating massive odds.
ARK Invest ramped up its crypto exposure on Friday, adding Bullish, BitMine, Circle, Robinhood and nearly $600K in Bitcoin ETFs as crypto equities attempted a rebound.
The catalyst could serve as a wake-up call and send Bitcoin to $150,000 overnight, though it “would have to be real,” according to Jeff Park.
Some Bitcoiners are speculating that the significant surge in the odds of a Fed rate cut in December may lead to Bitcoin finding a price “bottom here for now.”
Kiyosaki disclosed that he sold his Bitcoin at $90,000 after he forecast a $250,000 price target for BTC in 2026 earlier in November.