Category: Cryptocurrency news

10x Research Founder Explains It’s Mathematically Impossible for Bitcoin to Reach $1 Million by 2030! Here’s Why

A noteworthy assessment has emerged regarding the long-debated question in the cryptocurrency market: “Can Bitcoin reach $1 million by 2030?” Markus Thielen, founder of the research firm 10x Research, argued on the Trade Secrets program that it is mathematically unrealistic for Bitcoin to reach $1 million in the coming years. In recent years, many industry […]

This Nasdaq-listed Bitcoin treasury diluted shareholders 18-fold to survive a $212 million crypto loss without selling its stash

GD Culture Group reported a $211.8 million first-half unrealized Bitcoin loss on its holdings while its split-adjusted share count rose to more than 18 times its year-end level, exposing two distinct pressures behind the company’s crypto-treasury strategy. The Nasdaq-listed digital media and technology company held 7,500 $BTC with an original cost of $842 million and […]

Strategy CEO Sees 7 Fall Catalysts Bringing Bitcoin More Life

Le Identifies Seven Potential Market Catalysts Bitcoin markets could become more active during the fall as several regulatory, financial, and political developments converge, Strategy President and CEO Phong Le stated Aug. 16. His market outlook connects the potential revival with policy changes, institutional adoption, economic stability, geopolitical developments, and the U.S. midterm elections. Le presented […]