BlackRock’s Jay Jacobs suggests geopolitical tensions may lead China and other central banks to diversify from US Treasuries into gold and Bitcoin.
Tag: Bitcoin Adoption
Arkansas City of Vilonia Rejects Crypto Mining Proposal Amid Community Concerns
The Vilonia, Arkansas planning commission rejected a cryptocurrency mining facility proposal due to community opposition over noise pollution, energy consumption, and environmental impact. Learn about the concerns and the broader trend of crypto mining opposition in the US.
Bitcoin Above $90K: Why Is ‘Greed’ Sentiment Declining?
Despite Bitcoin’s price holding above $90,000, crypto market sentiment, as indicated by the Fear & Greed Index, is showing a decline. Analysts are expressing caution about the sustainability of Bitcoin’s current rally. Explore the factors influencing this sentiment shift.
Saylor’s Massive Bitcoin Holdings: No Threat to Protocol, Says Bitcoin Standard Author
Saifedean Ammous, author of The Bitcoin Standard, dismisses concerns that Michael Saylor’s potential accumulation of a large portion of Bitcoin poses a risk to the protocol. He argues that Saylor, BlackRock and similar institutions holding Bitcoin primarily act in the interest of their shareholders and ETF holders. Any deviation from this would likely lead to investors seeking alternative Bitcoin exposure.
Bitcoin Price Analysis: Short Squeeze Potential vs. $87K Dip?
Bitcoin consolidates below resistance at $93,000, sparking debate about a potential short squeeze or a correction towards $87,000. Analyst opinions and key price levels are discussed.