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Trump Media has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission following a $2.3 billion raise to build one of the largest #Bitcoin treasuries. 

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Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Michael Saylor, the executive chairman of MicroStrategy (now Strategy), discloses that he is getting more bullish on his previous forecast that Bitcoin will hit $13 million by 2045. The Strategy chairman expressed this view during a recent CNBC Squawk Box interview, where he provided a bullish outlook for Bitcoin. During the interview, Saylor recounted the previous prediction he laid out for BTC at the Bitcoin Conference in Nashville. At the 2024 conference, Saylor predicted that Bitcoin would grow by 29% on average each year over the next 21 years. He suggested that factors such as Bitcoin education and rising institutional demand for the asset could propel BTC’s price to the $13 million target by 2045. Bullish on $13M Bitcoin Price Forecast While his previous forecast triggered mixed reactions at the time, Saylor has once again backed the prediction. The Bitcoin evangelist emphasized that he is more bullish on the prediction due to the positive market developments over the past six months. Regulatory Clarity for BTC He mentioned that the current U.S. administration now recognizes Bitcoin as a top digital commodity, providing regulatory clarity for the firstborn crypto. Banks Now Allowed to Hold Bitcoin Additionally, he noted that the banking regulator has authorized banks in the United States to hold Bitcoin. Recall that in April, the Federal Reserve withdrew 95% of its anti-crypto rules. These include the 2022 and 2023 supervisory letters, which required banks to notify the central bank before engaging in crypto-related activities. With the rules rescinded, banks can now engage freely in crypto activities without informing the Fed. Growing Institutional Adoption Furthermore, Saylor indicated that there is strong institutional adoption for Bitcoin. According to him, more than 100 public companies currently hold Bitcoin on their balance sheets, with new firms adopting the asset every week.. #CryptoNewsCommunity

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“‘Fake Money Is Dead’ — Kiyosaki Urges Everyone to Own Bitcoin Now!”

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Now, with #XRP trading below $2.2 and inside the wedge, EGRAG has pointed out five price levels it must conquer to flip bullish, with one of them being his “go-go signal.” The first level is the $2.3 price level, which XRP has failed to claim since May 29. The second level is the $2.35 mark, an important point for bullish continuation. Meanwhile, EGRAG has identified the $2.36 price as the third price target. He suggests XRP would finally break out of the mega falling wedge pattern once it reclaims this level. From here, the next price target rests on the $2.45 mark, representing a two-week high. Importantly, the analyst singled out the next target at $2.65 as the “go-go signal.” This indicates that once XRP reclaims this level, which it has traded below for nearly a month, it would represent the signal of an imminent breakout from the current bearish phase. While EGRAG failed to present any price target in this analysis, it had in the past projected rallies to greater heights. In particular, the $27 target remains his consistent goal, which he believes XRP has the potential to claim during the ongoing bull run. #CryptoNewss

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“Can PEPE Survive the Bear Attack? Critical Support at $0.00001108 Tested!”

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Now, with the #XRP price rebounding beyond the $0.5 on the back of the U.S. elections last November, XRP dominance soared to a four-year peak of 5.58% by January. Despite a drop alongside XRP’s price pullback to the $2 lows, dominance currently sits at 3.97%. However, some XRP market commentators believe XRP dominance could soar beyond the 31.33% peak to reach a new all-time high of 40%. Before this can happen, XRP would need to capture a lot of the market share from Ethereum and Bitcoin. For context, Bitcoin dominance currently sits at 64.15%, the largest for any single crypto asset. Meanwhile, Ethereum dominance stands at 9.71%, the second largest. At these dominance figures, Bitcoin has a market cap of $314.5 billion, while Bitcoin boasts a valuation of $2.08 trillion.1111

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