Financial Times Publishes ‘Apology’ to Bitcoiners After 13 Years of Criticism
The Financial Times’ “apology” via its Alphaville section has ignited a firestorm within the crypto community, primarily because of its sarcastic tone and continued skepticism toward Bitcoin despite its historic rise to $100,000. Bryce Elder’s op-ed, published on the milestone day, highlights the publication’s consistent crypto cynicism, even as Bitcoin’s price has skyrocketed since FT […]
MicroStrategy’s Bitcoin Investments Yield $17B in Profit
MicroStrategy (MSTR) has reaped over $17 billion in unrealized profits from its massive Bitcoin acquisitions, according to data from MSTR Tracker. Originally focused on software, the company transitioned into a high-profile Bitcoin investor under founder Michael Saylor’s unconventional approach to corporate treasury management. Since 2020, MicroStrategy has accumulated more than $23 billion worth of BTC, […]
4 New BTC Price Targets Predict Bitcoin Surpassing $124K by New Year
Bitcoin is projected to gain at least 25% against the United States dollar by 2025, based on recent forecasts. The latest price predictions all converge on Bitcoin reaching six figures, solidifying its position as a dominant force in the financial world over the next year. On Dec. 5, Bitcoin made headlines by crossing the $100,000 […]