2021-6-29 22:00 |
Mexican third-richest man Ricardo Salinas Pliego is holding Bitcoin for the next thirty years, as per comments in a recent interview. The post Mexican billionaire says he’ll hold Bitcoin for 30 years. origin »
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Pro-crypto Mexican billionaire, Ricardo Salinas Pliego, is looking to launch the first Bitcoin-accepting bank in Mexico. Salinas unveiled this bullish news through a tweet on June 27, noting that he hopes to achieve this feat by integrating BTC services into Banco Azteca, a leading Mexican bank, which he founded 19 years ago.
2021-6-28 14:47 | |
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Schiff's critique highlights the volatility and risk of heavy Bitcoin investment, sparking debate on diversification and strategic asset allocation. The post Saylor’s Strategy would have done better without Bitcoin, says Peter Schiff appeared first on Crypto Briefing.
Strategy's significant Bitcoin purchase highlights its commitment to crypto, but market volatility poses risks to its stock performance. The post Strategy buys 1,229 Bitcoin at above $88,500 appeared first on Crypto Briefing.
Whale withdrawals from exchanges suggest increased long-term holding, potentially reducing market liquidity and impacting Bitcoin's price stability. The post Whales withdraw 1,600 Bitcoin worth nearly $144M from Binance appeared first on Crypto Briefing.
Bitcoin has shown strength on Monday morning, surging past $90,000, offering short-term optimism after weeks of pressure. However, the world’s largest cryptocurrency continues to face macroeconomic uncertainty, leaving analysts divided on whether the move can develop into a sustained rebound.
Many analysts previously forecast that Bitcoin would hit a price target between $180,000-$250,000 in 2025, but the price has fallen flat.
The rising Bitcoin network mining difficulty ensures the network remains sufficiently decentralized but also makes life harder for miners.
Bitcoin has outperformed precious metals over the last decade, but critics say the comparison doesn't hold up under shorter time horizons.