Bitcoin's potential to integrate seamlessly with existing financial systems is becoming increasingly evident.
The only halving story that matters and a quick comparison to past cycles
The firm claims that the trading price of Microstrategy’s stock implies a valuation of the bitcoin it holds at over $177,000 – more than 2x the current price of BTC.
While Galaxy shares are up more than 200% over the last year, its obvious to anyone paying attention to the stock that the company isn’t getting the same love from retail as companies like Coinbase (COIN) or Microstrategy (MSTR).
Corrections, in some case, can sometimes be looked at as a healthy cleansing. And this correction – even if it extends through the halving – might just be one of those.
The retail FOMO crowd, if anything, is just starting to boil – not bubble. Crazy insanity price movement – not just new all-time highs – could be on the horizon.
That’s it, really. That’s the story. All eyes are on bitcoin right now.
At the end of the day, the battle isn’t bitcoin vs gold… It’s scarce, unprintable money vs an Orwellian future.
Bitcoin has cracked the $50k barrier again, but this time feels different. Let's explore why.
2024 is shaping up to be a year for crypto IPOs with Swan Bitcoin being the latest to throw their hat in the ring.
Without getting into the dirty details, the answer really comes down to what kind of investor you are: long-term or short term.
