$BTC Donald Trump’s re-election could propel Bitcoin to $80K, AMBCrypto report reveals Bitcoin’s bullish move to continue The report reveals that a significant majority of investors believe in Bitcoin’s potential to rise under Trump’s administration. Specifically, 80% of the surveyed investors think that Bitcoin will experience a substantial price increase if Trump is re-elected, while only 20% believe his presidency could negatively impact the crypto market.
Discussions about Trump’s political influence on Bitcoin have intensified, accounting for 25% of all crypto-related posts on social media, further highlighting the significance of this political development.
In July, Bitcoin faced a challenging market environment, hitting a six-month support level at $53,485 due to sell-side pressure. However, it managed to recover to $66,000, with 86% of investors remaining profitable during this period.
Analysis of on-chain metrics Positive funding rates in Bitcoin futures since May 2024 indicate that traders are optimistic about Bitcoin’s long-term price increase, suggesting a bullish sentiment in the market.
Furthermore, the derivatives market, which often serves as a predictor of future trends, shows a strong long-term outlook for Bitcoin, further supporting the bullish hypothesis.
The cryptocurrency market is closely observing the upcoming U.S. presidential election, particularly the potential impact of a Donald Trump re-election on Bitcoin's value. Additionally, the report highlights Solana's growing staking popularity and the expanding GameFi sector. #ETH_ETFs_Approval_Predictions #donaldtrump #btcupdates2024
Donald Trump’s re-election could propel Bitcoin to $80K 🔥, AMBCrypto report reveals
$BTC Bitcoin’s bullish move to continue The report reveals that a significant majority of investors believe in Bitcoin’s potential to rise under Trump’s administration. Specifically, 80% of the surveyed investors think that Bitcoin will experience a substantial price increase if Trump is re-elected, while only 20% believe his presidency could negatively impact the crypto market.
Discussions about Trump’s political influence on Bitcoin have intensified, accounting for 25% of a
Ethereum (ETH) is more than just a cryptocurrency; it's the powerhouse behind countless decentralized applications (dApps). As the pioneer of smart contracts, ETH has revolutionized the way we interact with digital assets and platforms. Its robust network and constant evolution have solidified its position as a leading cryptocurrency. $BTC
While volatility is inherent in the crypto market, ETH's underlying technology, the Ethereum Virtual Machine (EVM), offers unparalleled flexibility and scalability. This makes it a cornerstone for developers building innovative solutions. As ETH continues to grow and adapt, its potential to reshape industries and create new economic models remains immense.
$BTC serious dump is coming Chinese チキオ chikoa trading corporation is going to sell all there holding tonight confirmed by the crypto cap so be careful with your stock ! happy trading
crypto market $BTC will gain its respect it will boost to 70k again 💪🏻🔥 in a days
CoinChapter
24 Ιουν 2024
Japan’s Metaplanet Plans 1B Yen Bond Sale to Buy Bitcoin
Japan’s Metaplanet Plans to Sell Bonds to Buy Bitcoin
YEREVAN (CoinChapter.com) — Tokyo-based investment firm Metaplanet Inc. plans to issue 1 billion yen ($6.26 million) in bonds to raise money to buy Bitcoin.
On Monday, June 24, Japan’s Metaplanet announced its board had approved the bond sale. The firm intends to use the funds to purchase Bitcoin (BTC) for long-term holding.
The bonds will offer an annual interest rate of 0.5%.
Metaplanet’s 1 Billion Yen Bond Issuance Details. Source: Metaplanet Inc. Metaplanet Shares Soar 11.5% After BTC Bond Announcement
Following the announcement, Japan’s Metaplanet’s shares surged 11.5% on Monday, trading at 95 yen. This marked a significant increase, with its stock price rising over 500% this year. At its peak on Monday, the shares reached 104 yen ($0.65), according to Google Finance.
Metaplanet hit a top of 104 yen ($0.65) on Monday when trading resumed after lunch. Source: Google Finance Metaplanet to Increase Bitcoin Holdings During Price Drop
BTC recently hit a 40-day low, falling 2.6% in the past day to $62,733, after nearly reaching $72,000 in early June, as per CoinGecko data.
If Metaplanet purchases 1 billion yen worth of BTC today, it would acquire approximately 99.84 BTC. This would add to its current holdings of 141.07 BTC. On June 11, the company bought an additional 23.25 BTC.
Metaplanet first entered the Bitcoin market in mid-May with a purchase of 117 BTC. The firm’s average purchase price for Bitcoin is 10.28 million yen ($65,365) per BTC, which is higher than the current market price.
Metaplanet’s strategy has been compared to American software company MicroStrategy. MicroStrategy holds 214,400 BTC, valued at $13.4 billion, according to Bitbo data.
Leading Public Companies Holding Bitcoin. Source: Bitbo data
Both companies focus heavily on BTC as a primary asset. Metaplanet’s recent activities show its intent to build its Bitcoin reserves.
The post Japan’s Metaplanet Plans 1B Yen Bond Sale to Buy Bitcoin appeared first on CoinChapter.
$BTC $ETH $SOL so this is what happens with me because of liquidation f🖕🏻 btc and all crypto and who he owns binance 🖕🏻 him also 😡😡🤬🤬 mother 🖕🏻 ing platform
$BTC $ETH $SOL what the hack is happening with them! 😡 unbelievable down and up in 72 hours !🔥 note it💪🏻📈 BTC will jump 75k in next 72 hours! 🏴☠️⬆️ it was a good great game changing moment for many traders !🪙 hold on the jangal of BTC it will gain you profit ! 😉😉
$BTC wtf wtf it just happened with me 3 days ago right now btc price are similar to that and after this drop it pump 67k$ so hold tight and wait and watch this week it will pumping back to 70k again 💪🏻🔥🔥 i bet you !