Bitcoin News

To say the least, it has been one hell of a week for Bitcoin and the cryptocurrency market as a whole.

MicroStrategy has seen its Bitcoin holdings soar in value, surpassing $22 billion as Bitcoin’s price surged above $82,000.

Bitcoin, the number one cryptocurrency by market cap, seems unstoppable at the moment, with its price reaching a new all-time high (ATH) of over $84,000.

In a recent interview, cryptocurrency analyst Michaël van de Poppe shared his outlook on Bitcoin’s resurgence, hinting that the leading cryptocurrency could surge to $1 million per coin in the coming years.

MicroStrategy, the largest corporate holder of Bitcoin, has announced its recent acquisition of approximately 27,200 bitcoins between October 31 and November 10, 2024, for a total of $2.03 billion.

Bitcoin’s political importance is expected to grow significantly after Donald Trump and the Republican Party secured key election victories, according to the New York Digital Investment Group (NYDIG).

Jason Calacanis, a well-known American angel investor, recently shared his thoughts on Bitcoin’s future, suggesting that while a total collapse to zero is still technically possible, the likelihood is now under 5%.