Current Bitcoin Price*: $97,254.06 Recent Price Movement : Bitcoin's price has increased by 0.70% in the last 24 hours, with a current market capitalization of $1.89 trillion. The cryptocurrency has seen a high of $97,895.68 and a low of $96,184.19.
Market Trends: - Institutional Investment : Growing interest from institutions, with companies like Cantor Fitzgerald and SoftBank launching a $3 billion Bitcoin venture. - Green Energy : Bitcoin mining now uses over 50% green energy, according to a Cambridge study. - Regulatory Updates : The UK's Financial Conduct Authority is seeking public input on staking, lending, and DeFi, while the EU plans to ban anonymous crypto accounts and privacy coins by 2027.
Expert Predictions: - Price Targets : ARK Invest has raised its 2030 Bitcoin price target to $2.4 million. - Market Outlook : Some analysts expect Bitcoin's price to break out of consolidation, potentially reaching $150,000 by summer.
What's Next?: Stay tuned for updates on Bitcoin's price movement, regulatory developments, and adoption news. #bitcoin
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#SaylorBTCPurchase "Massive Move Alert! 🚀 Michael Saylor's ambitious plan to raise $84 BILLION for more Bitcoin is making waves! 🤯 That's bigger than Facebook and Alibaba's IPOs combined! 🤯
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#DigitalAssetBill House Republicans are expected to release a draft of the Digital Asset Bill by May 6, which could significantly impact cryptocurrency regulation in the US. Here's what's happening¹: - *Key Players Involved*: Top Republicans on the House Financial Services Committee, including Reps. French Hill and Bryan Steil, alongside their counterparts on the House Agriculture Committee, Reps. Glenn "GT" Thompson and Dusty Johnson. - *Expected Outcome*: The bill may redefine the regulatory framework for crypto and digital assets, potentially clarifying the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). - *Similarities to Previous Bill*: The draft is expected to resemble the Financial Innovation and Technology for the 21st Century Act (FIT 21), which passed the House last year and aimed to grant more power to the CFTC. - *Potential Challenges*: Bipartisan support is crucial, but Trump's involvement in crypto could complicate efforts, potentially souring bipartisan votes in the Senate.
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