BTC Bull Run Today ?
The Bitcoin (BTC) market is buzzing with excitement! Let's dive into what's happening:
1. Major Bull Run Prediction:
- Michael Saylor, a prominent figure in the crypto world, predicts that a Bitcoin ETF approval could ignite a major bull run next year. His logic is straightforward: an ETF would provide easy mainstream access, leading to a surge in demand. Additionally, the upcoming halving event will reduce Bitcoin supply, further boosting its price. Saylor's prediction aligns with industry hopes for an approved Bitcoin fund, which would validate digital assets within mainstream financeÂč.
2. Do Kwon's Legal Drama:
- Do Kwon, the founder of Terra, is caught up in legal troubles. A Montenegro court has temporarily halted his extradition to the US. Kwon was arrested for alleged travel document fraud after Terra's high-profile collapse. The saga continues, and the crypto community is closely watchingâŽ.
3. Crypto Taxes Amid the Bull Run:
- With Bitcoin soaring to new all-time highs above $73,000, investors need to be prepared for crypto tax reporting demands from the IRSÂČ.
4. Bitcoin's Rise:
- Bitcoin has risen 70% this year, setting record highs. The ongoing bull run is characterized by Wall Street's embrace of long-awaited spot exchange-traded funds (ETFs)â”.
Remember, the crypto market can be volatile, so buckle up for an exciting ride! đđ
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