Bitcoin News Alerts | Daily BTC News

Alexandra DaCosta is one of the few female CEO's in the Bitcoin Mining industry and a former head of ESG & Impact investing at Cantor Fitzgerald, Alexandra heads Aspen Creek Digital Corporation, a renewably-powered BTC mining start-up launched in 2022 that recently raised a $8M Series A despite the current downturn in bitcoin mining and crypto. ACDC is catalyzing the decarbonization of power generation by creating the world’s leading fleet of renewably powered data centers. Coupling financial ingenuity and energy expertise, we develop behind-the-meter data centers with new renewable power projects to deliver carbon transparency, reduce power price volatility and add renewables to the grid. Learn more about your ad choices. Visit megaphone.fm/adchoices

A closely followed analyst believes that the recent Bitcoin price doldrums are setting the stage for the crypto king (BTC) to go on a parabolic surge. According to Credible, Bitcoin could correct to as low as $25,000 and still be in a position to ignite the next stage of its parabolic rally. "By the time we’re at $40,000 or $50,000… nothing’s stopping us from going to new all-time highs if we get this high. We’re not stopping here… We will be at new all-time highs before you know it and certainly before 2024 in my opinion.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Michael Saylor, a high-profile Bitcoin bull, has put out a $500,000 price target for BTC. Speaking recently at MarketWatch’s Best New Ideas in Money Festival, the Microstrategy CEO suggested that the king crypto (Bitcoin) could hit $65,000 within four years and then reach his ambitious goal of $500,000 by the end of the decade. Learn more about your ad choices. Visit megaphone.fm/adchoices

El Salvador, the first country in the world to make Bitcoin (the king crypto) a legal tender under the leadership of President Nayib Bukele, just took another significant step towards establishing itself as the leading BTC hub in the Americas. The country has enacted an unprecedented law, The Innovation and Technology Manufacturing Incentives Act, that exempts tech-related businesses from paying taxes.  This legislation, signed by the pro-Bitcoin millennial ruler, removes the burden of various taxes including capital gains, import tariffs, and taxes related to AI programming, software, and hardware manufacturing. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bloomberg Intelligence senior commodity strategist Mike McGlone has explained that a Bitcoin supercycle may be happening, noting that the king crypto is beating gold by almost 10 times so far this year. The strategist added that if past trends hold, the BTC volatility is more likely to recover compared to commodities when Bitcoin “heads toward new highs.” Also Su Zhu, the co-founder of Three Arrows Capital, revealed an astronomical Bitcoin price prediction resulting from a BTC supercycle: “I mean, I think there’s an argument that gold itself is very undervalued. If it was the dominant store of value cause this thing was at like $1,700 years ago… and let’s say gold should have 5X’d if there wasn’t Bitcoin, then really we’re looking at a $50 trillion market cap. So then you’re already halfway there to $100 trillion and that will get you to $2.5 million per BTC and I think that that is definitely possible.” Learn more about your ad choices. Visit megaphone.fm/adchoices

MicroStrategy CEO and Bitcoin bull Michael Saylor believes a $5 million price tag is inevitable for the king crypto (BTC). “I can see bitcoin going to a million. I can see it going to $5 million… because if it simply replaces all the indexes as a monetary index money, why shouldn’t it go to $100 trillion in market cap or something? In my life I’ve never seen something that was such a screaming signal. You’ve got a $200 to $300 trillion addressable market. You’ve got a problem – money is not sound. You’ve got engineered thermodynamically sound money. You’ve got a dominant network. Everybody’s decided it’s the network. It’s exploding." Learn more about your ad choices. Visit megaphone.fm/adchoices

Prominent Bitcoin supporter Max Keiser and Sr. BTC Advisor to President Bukele has taken to Crypto Twitter to comment on the recent collapse of First Republic Bank. "The fiat money world is disintegrating as I predicted. It’s all going to zero against Bitcoin. Every bank in America is technically insolvent. So is the Fed. And so is the government. America will soon be remembered as, “the building 7 of countries.” Get some BTC ASAP." Learn more about your ad choices. Visit megaphone.fm/adchoices

Popular crypto analyst and trader Kevin Svenson is expressing bullish sentiment on Bitcoin over the coming weeks. Svenson tells his 71,000 YouTube subscribers that Bitcoin could go parabolic if it repeats a similar pattern seen months before the last BTC halvening. Learn more about your ad choices. Visit megaphone.fm/adchoices

A popular crypto analyst thinks Bitcoin could be gearing up for a “parabolic advance” to a new all-time high top of $155,000 in Q2 2024. According to the analyst, the CN10Y/DXY chart is now flashing a signal that has historically marked the beginning of fresh BTC bull runs. Learn more about your ad choices. Visit megaphone.fm/adchoices

Controversial BitMEX co-founder Arthur Hayes continues to predict that Bitcoin will skyrocket to $1 million in price per BTC as a result of the crisis in the banking sector triggering macroeconomic turmoil. The crypto billionaire tells his 376,600 Twitter followers that First Republic Bank won’t likely be the last financial institution to collapse. Learn more about your ad choices. Visit megaphone.fm/adchoices