#BTC Here are some of the latest Bitcoin (BTC) news:
Recent Market Updates
- *Current Price*: Bitcoin's current price is $103,732.47, with a 2.13% decrease in value.
- *Market Cap*: The market capitalization of Bitcoin stands at $2.14 trillion.
- *Price Prediction*: There's a possibility of Bitcoin's price dropping to $100,000, but traders view dips as buying opportunities due to the $3.7 billion open interest wipeout ¹ ².
Regulatory News
- *SEC Dismisses Binance Lawsuit*: The SEC has dismissed a $4.3 billion lawsuit against Binance in a historic U-turn.
- *US VP Praises Crypto*: US Vice President JD Vance praised crypto's political clout at the Bitcoin conference, stating that 100 million Americans will hold Bitcoin.
Institutional Investments
- *GameStop's Bitcoin Purchase*: GameStop has joined the corporate Bitcoin rush with a $513 million purchase.
- *Trump's Bitcoin Reserve*: Trump's strategic Bitcoin reserve is poised to be a $21 billion "digital Fort Knox".
- *Cantor Fitzgerald's Bitcoin Product*: Wall Street giant Cantor Fitzgerald has unveiled a gold-protected Bitcoin investment product ³ ⁴.