Recent #Bitcoin news in the semiconductor industry

7 months ago
➀ Bitcoin has reached a new milestone, nearing the $100,000 mark after a significant price rally from $80,000 to $90,000; ➁ The rise has been linked to the election of President Trump, with a 30% increase since he was elected; ➂ The price of Bitcoin isn't the only cryptocurrency-related thing rising in value, as shares of the cryptocurrency exchange Coinbase increased by approximately 75%.
BitcoinCoinbaseCryptocurrencyDigital CurrencyMarket RallyPrice IncreaseTrump Election
3 months ago
1. The initial bullish thesis for Bitcoin reaching $117,000 was based on Trump's potential crypto presidency and bullish chart patterns, but it fell short. 2. Despite Bitcoin reaching all-time highs above $109,000, recent trend failures and a drop below $80,000 necessitate reassessing portfolio positions for potential further downside. 3. Indicators like Standard Deviation channels and MACD suggest more room for Bitcoin to fall before reaching oversold territory, prompting a rating reduction.
BitcoinMarket OutlookTechnical Analysis
4 months ago
1. Cryptocurrencies surged in 2024, with Bitcoin gaining 121% due to favorable regulations and Trump's election, driving smart money into Bitcoin-related stocks like Riot Platforms. 2. Riot Platforms significantly expanded its mining capacity, achieving a 155% YoY increase in hash rate, making it the fastest-growing Bitcoin miner globally. 3. Riot's strategy includes acquiring ready-to-run mining sites and diversifying energy sources, reducing reliance on Texas and benefiting from Kentucky's energy-saving programs.
BitcoinCryptocurrencymining
5 months ago
1. MicroStrategy is expanding its Bitcoin holdings using innovative financial tools; 2. The company is reducing leverage and increasing optionality through ATM offerings; 3. MSTR plans to increase authorized share counts for future BTC purchases and potential stock splits; 4. The offering of perpetual preferred shares signals market expansion; 5. Despite risks, MSTR's business model and investor interest suggest impressive growth; 6. Convertible bonds and preferred stock in Q1 2025 may drive stock higher with increased BTC yield.
BitcoinInvestment Strategy
5 months ago
1. The author has a buy rating on the iShares Bitcoin Trust ETF due to bullish 2025 price targets, positive seasonals, and technical trends. 2. Bitcoin's 133% YTD performance and potential for further gains make it a compelling investment despite its historical volatility and downside risks. 3. The incoming Trump administration's potential National Bitcoin Reserve and favorable regulatory backdrop could serve as significant bullish catalysts in 2025.
BitcoinETFinvestment
5 months ago
1. Despite recent volatility, the iShares Bitcoin ETF has outperformed the S&P 500, showcasing crypto's resilience and potential for future gains. 2. Regulatory changes and a crypto-friendly SEC leadership could enhance Bitcoin ETF efficiency, making IBIT more appealing and reducing costs for investors. 3. Short-term volatility persists, but demand-supply dynamics and miners' HODLing behavior support a bullish outlook for Bitcoin and IBIT by 2025.
BitcoinCryptocurrencyETF
6 months ago
1. The crypto bull market is expected to persist through 2025, reaching its first peak in Q1. 2. A pro-Bitcoin stance is expected to spread across the U.S. crypto ecosystem. 3. Crypto rails are predicted to improve the financial system through efficiency, decentralization, and transparency. 4. Blob Space fees are projected to exceed $1 billion by the end of 2025.
Bitcoin
6 months ago
1. The launch of options on IBIT on November 19, 2024, marks Bitcoin's consolidation as a legitimate asset class; 2. A gamma vanna squeeze, a highly reflexive process induced by options and dynamic hedging, could materialize over an absolutely scarce asset; 3. The growing adoption of BTC as a treasury asset is another catalyst which will at least set a price floor and likely trigger a supply shock.
Bitcoin
6 months ago
1. Bitcoin's price surge is driven by institutional demand, growing mainstream acceptance, and a derivatives market boom. 2. The surge in the derivatives market, while driving prices higher, also increases volatility and the risk of liquidations. 3. ETF inflows have approached $2 billion in three days, further boosting Bitcoin's rally.
Bitcoin
6 months ago
➀ Larry Dean Harmon, the operator of a darknet-based Bitcoin laundering service called Helix, has been sentenced to three years in prison and ordered to forfeit $400 million. ➁ The service, popular among online drug dealers, processed approximately 354,468 bitcoins. ➂ Harmon's sentencing was considered lenient due to his cooperation and guilty plea.
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