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MicroStrategy CEO Michael Saylor: 'BTC Will Be a $100T Market Cap Asset'

MicroStrategy is the largest corporate owner of bitcoin, now holding 121,044 BTC worth about $3.6 billion at an average purchase price of roughly $29,534 each. CEO Michael Saylor shares insights into his vision and buying strategy for bitcoin, discussing the potential impact of inflation and regulation. ​"I think eventually, bitcoin as an asset class becomes a $100 trillion asset class," Saylor said. "It replaces gold ... bond portfolios ... why can't it grow by a factor of 100?"

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Bitcoin’s Hourly Chart Signals Possible Bull Run Ahead

Bitcoin’s recovery has taken the shape of a bull flag on the hourly chart. A breakout could accelerate the recovery, perhaps bringing a re-test of $60,000. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Bitcoin Tops $58K With Focus on Omicron and Fed’s Powell Speech

Are bitcoin’s immediate prospects tied to the Omicron variant’s potential impact on the Fed’s monetary policy? GlobalBlock CEO Rufus Round discusses what to make of bitcoin’s recent price swings. The cryptocurrency is trading near $57,300 at press time, representing a 7.3% gain compared to the low of $53,359 late Sunday.

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Bitcoin Looking to Bounce Back From Low of Sub-$56K

Bitcoin is recovering to above $58,000 at press time from the low of $55,666 reached during the early European trading hours, the lowest level since Oct. 13. "The Hash" team discusses whether this could signal a bear market or just a healthy price correction.

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Bitcoin Crowd Appears High on ‘Hopium’ as ‘Buy The Dip’ Trends

As bitcoin nurses a weekly price drop of 9%, its social metrics indicate the retail crowd is high on “hopium,” crypto slang for hopes of a quick recovery and a continued bull run. New data reveals “buy the dip” mentions on social media rose to 952 Tuesday, hitting the highest levels since Sept. 7, when bitcoin crashed by 11%. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Athena Bitcoin CEO on Bitcoin Adoption and ATM Installations in El Salvador

El Salvador now has the world's third-largest bitcoin ATM network. This comes as Athena Bitcoin has installed around 200 bitcoin ATMs in the country as part of a plan to install 1,500 machines in total. Athena Bitcoin CEO Eric Gravengaard shares insights into the scope of his firm's involvement in scaling bitcoin ATMs in El Salvador. Plus, an update on the country's bitcoin rollout and the remaining challenges ahead.

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Bitcoin’s Bull Flag Breakout Suggests More Upside

Bitcoin's price bounced to $66,000 Monday, partially erasing the losses from last Wednesday. Technical charts signal an impending boost from a bullish continuation pattern. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Is Bitcoin's Taproot Upgrade Already Priced In?

Jason Deane, a Bitcoin analyst at Quantum Economics, discusses his views on the impact of Taproot on bitcoin's price as the technical upgrade went into effect Sunday. "There are a lot of people forecasting 6 figures," Deane said. "I think it's possible."

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Bitcoin Retreats From All-Time High, Ether Follows

Bitcoin is down 5% in the last 24 hours after peaking at an all-time high of around $68,950 Wednesday. Ether also reached an all-time high Wednesday, hitting $4,851, but is down a little over 2% on the day. Rich Rosenblum, co-founder and president of GSR Markets, discusses the potential factors driving lower prices.

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Day 7 of Kleiman v. Wright: Wright Tells Jury Kleiman Only Mined ‘Testnet’ Bitcoins

"The Hash" hosts unpack the latest in the Kleiman v. Wright trial. Craig Wright, best known for his controversial claims to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin, told a Miami jury Tuesday at least a portion of the 1.1 million bitcoins considered to be owed to Kleiman's estate were purchased, not mined. Wright also testified some of the bitcoins weren’t actually bitcoins at all but “testnet bitcoins.”

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