Vivek⚡️
@Vivek4real_MICHAEL SAYLOR SAYS, “THE FIRST NATION TO PRINT THEIR OWN CURRENCY TO BUY #BITCOIN WINS.” IT’S COMING!!! 🚀 https://t.co/7PcTay7v7v
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Rumors of $3.5B Bitcoin Buy, 33,500 BTC ETF Inflows, Bitwise Country Prediction, and Ethereum at $1,806
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Unconfirmed reports suggest that large investors have purchased $3.5 billion worth of Bitcoin. There are also rumors that Michael Saylor, CEO of MicroStrategy, may be planning another Bitcoin purchase, following his sharing of the company's Bitcoin tracker.
Bitwise, an ETF issuer with $12 billion in assets, predicts that countries will soon begin buying Bitcoin. Market analysts, including Willy Woo, report that Bitcoin has surpassed previous price targets of $90,000 and $93,000, with new targets at $103,000 and $108,000. Over $450 million in short positions have been liquidated since April 21, and US spot Bitcoin ETFs bought 33,500 Bitcoin in the past week, compared to 3,150 newly mined coins.
Additional claims include that 94% of Donald Trump's crypto holdings are based on the Ethereum blockchain, and that Strategy $MSTR is building a Bitcoin bank targeting a $500 trillion market. Adam Back has suggested that the largest Bitcoin companies will soon surpass the market capitalization of major tech firms, referencing 'BTC 7 > MAG 7.'
Ethereum remains the second most used digital currency globally, with its blockchain recently transitioning to a proof-of-stake model. Its current price is reported at $1,806.29. Commentary continues regarding Ethereum's valuation and its position relative to Bitcoin.
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