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@reza21
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Michael Saylor, CEO of Microstrategy, and senior executives from Marathon Digital, a leading bitcoin mining company, met with representatives of the incoming administration of Donald Trump.
The meeting, which took place on the sidelines of an event hosted by Vice President J.D. Vance, is a sign of potential moves in bitcoin-related policies under the new administration.
While details of the talks were not disclosed, cryptocurrency activists speculate that the discussions centered on expanding bitcoin mining in the United States.
Robert Samuels, vice president of Marathon Digital, confirmed the meeting but declined to provide further details. It is worth noting that during his election campaign, Trump supported the creation of a national bitcoin reserve to strengthen America’s strategic position in the cryptocurrency space. The meeting could represent the first steps toward realizing that vision. 1 reply
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Robert Kiyosaki, the author of the best-selling book “Rich Dad, Poor Dad,” has reiterated his bullish stance on Bitcoin. In a post on X, he predicted that Bitcoin will hit $250,000 by 2025 and announced that he is buying more of the cryptocurrency.
Kiyosaki, who is known for his criticism of fiat currencies and support for alternative assets, sees Bitcoin as an easy way to get rich. “All you have to do is buy one satoshi and hold it. The only people who don’t get rich with Bitcoin are idiots,” he said in another post.
Kiyosaki has also warned that the current financial system is unstable and has expressed concern about rising debt levels and excessive money printing. He recommends investors turn to assets like Bitcoin, gold, and silver to protect their wealth from inflation and economic instability. 0 reply
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Veteran market analyst Peter Brandt, in a message to his 773,500 followers on the social network X (formerly Twitter), announced that, based on Bayesian analysis, there are two different scenarios for Bitcoin (BTC) in 2025.
In the bullish scenario, the price of Bitcoin could rise to the $135,000 range (with a swing of $15,000). However, he does not rule out the possibility of a bearish head and shoulders pattern and a price drop of more than 50%.
Brandt, who has 50 years of trading experience, believes that Bitcoin could correct to $84,000 before a possible rise to $150,000. 2 replies
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The first Crypto Ball will take place in Washington, D.C., on Friday, January 17, just days before the inauguration of President-elect Donald Trump.
The event will focus on American innovation and the pro-crypto policies of the new Donald Trump administration, and will feature many prominent figures in the crypto industry. Tickets for the event are said to be selling for a whopping $2,500 and $5,000, with the more expensive Gold tickets already sold out.
The event is supported by companies such as Kraken and Exodus, and its main sponsors include Coinbase, Solana, Microstrategy, and Galaxy Digital. 1 reply
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Analytics firm Glassnode has warned that Bitcoin is approaching a critical point that has previously signaled the end of bull markets.
The firm focuses on Bitcoin’s short-term holdings (STH), a metric that tracks the average purchase price of investors who have held their Bitcoin for less than 155 days.
Historically, when Bitcoin’s price falls below this level, it usually enters a bearish phase. Currently, Bitcoin is about 7% above STH, which is $88,135.
If the price consolidates below this level, it could indicate a decline in new investor appetite, which is often a turning point in the market trend. Glassnode also notes that long-term holders (LTH) of Bitcoin are selling at a rapid pace, but this does not necessarily mean the end of the bull market. Currently, almost all long-term Bitcoin holders are in profit. 0 reply
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