#BTC
Here are some of the latest Bitcoin news and updates:
Recent Developments
- *Bitcoin Price*: Bitcoin's current price is around $86,771.60, with a 2.56% increase, reflecting a $2,167.49 gain. Its market capitalization stands at approximately $1.76 trillion
- *Institutional Investment*: Strategy acquired 6,556 Bitcoin for $555.8 million, strengthening its position as a major corporate holder. Metaplanet increased its Bitcoin holdings by acquiring 330 Bitcoin, bringing its stockpile to 4,855 BTC
- *Bitcoin ETFs*: Spot Bitcoin ETFs attracted $381 million in inflows, outperforming equities. US-listed Bitcoin ETFs had their best day in nearly three months, with ARK 21Shares Bitcoin ETF leading $116.13 million inflows
Adoption and Innovation
- *Lomond School in Scotland*: Will accept Bitcoin for tuition payments starting Fall 2025, reflecting the school's push for financial innovation and digital currency adoption.
- *Tether's Hashrate Deployment*: Tether will direct Bitcoin mining hashrate to OCEAN, supporting decentralized mining DATUM protocol.
- *DahLIAS Protocol*: A new protocol for faster cross-input signature aggregation on Bitcoin has been announced
Market Trends and Predictions
- *Bitcoin Surge*: Some analysts predict a potential surge in Bitcoin's price, with Robert Kiyosaki forecasting a price of $200,000 in 2025.
- *Market Volatility*: Bitcoin's price has been experiencing significant volatility, with some analysts warning of potential corrections or downturns $BTC