Bitcoin Price Betting - Monday, October 13, 2025 News Update

BTC Bitcoin Cryptocurrency Betting

Bitcoin Cryptocurrency Betting

Bitcoin is the cryptocurrency that started it all. There are dozens of other Cryptocurrencies you can use to deposit at BookMaker and hundreds more on the periphery, but Bitcoin is the most well-known of the bunch. Other cryptos such as Ethereum, Litecoin, Cardano, and Ripple have become more popular too, signifying how mainstream crypto is becoming to the public.

Monday, October 13, 2025 News Update

Bitcoin Shows Resilience as Spot Holders Counter Trader Sell-Off

Bitcoin's price is staging a steady recovery following the sharp crash on Friday, which pulled the asset from $122,000 to a low of $102,000. Interestingly, this rebound is being driven not by high-risk, leveraged traders, but by spot holders who are showing remarkable resilience amid volatile conditions.

The Role of Spot Investors

Despite the steep decline, conviction among Bitcoin investors remains strong. Exchange net position data indicates that over the last three days of the crash, only about 6,000 BTC—worth approximately $688 million—flowed into exchanges. This minimal inflow suggests a limited selling panic from long-term holders. While many futures traders faced liquidations during the crash, spot investors held firm, and their decision to maintain positions has acted as a key stabilizing force, preventing a sharper downturn.

Market Momentum and Key Levels

The broader market momentum remains cautious. The Bitcoin Long/Short Bias chart shows a sharp increase in net shorts beginning October 6, days before the crash. This early shift signaled growing bearish sentiment among institutional traders, and while some of these positions have been reduced, the chart remains notably negative.

Current Price: Bitcoin is currently trading around $114,274.

Critical Resistance: The market is testing the $115,000 resistance level. A brief push above this mark failed to hold momentum, confirming ongoing selling pressure at this threshold.

In the short term, Bitcoin’s outlook remains cautiously bullish, thanks to strong holder sentiment. A sustained reclaim of $115,000 could open the path toward $117,261 and potentially $120,000. However, if bearish pressure from traders outweighs investor restraint, Bitcoin could slip below $112,500, testing the $110,000 support level and invalidating the bullish recovery thesis.

Strategy (MicroStrategy) Increases Bitcoin Holdings

In other significant news, the Bitcoin treasury company Strategy (formerly MicroStrategy) continues its aggressive acquisition model.

The company purchased an additional 220 BTC between October 6 and October 12, spending approximately $27.2 million at an average price of $123,561 per bitcoin.

The New BTC Haul

Total Holdings: Strategy now holds a total of 640,250 BTC.

Total Value: This haul is worth around $73 billion at current prices.

Acquisition Cost: The Bitcoin was bought at an average price of $74,000, for a total cost of around $47.4 billion.

Market Share: Strategy's holdings represent more than 3% of Bitcoin's total 21 million supply. The company is sitting on an implied $25.6 billion in paper gains.

The latest acquisitions were made using proceeds from at-the-market (ATM) sales of its perpetual preferred stocks (STRK, STRF, and STRD). These programs are part of the firm's broader "42/42" plan, which targets a total capital raise of $84 billion in equity offerings and convertible notes for Bitcoin acquisitions through 2027.

Strategy remains the largest corporate Bitcoin holder, leading a list of 188 public companies that have adopted a Bitcoin acquisition model.

Bitcoin Weekly Price Per CoinMarketCap

WEEK BITCOIN PRICE IN USD
October 13, 2025 114,274.18
October 6, 2025 124,946.82
September 29, 2025 113,308.24
September 22, 2025 112,873.65
September 15, 2025 115,005.23
September 8, 2025 112,256.06
September 1, 2025 109,310.83
August 25, 2025 111,378.24
August 18, 2025 115,714.77
August 11, 2025 119,857.03
August 4, 2025 114,220.61
July 28, 2025 118,674.79
July 21, 2025 118,976.22
July 14, 2025 121,973.95
July 7, 2025 108,160.58
June 30, 2025 107,519.45
June 23, 2025 101,566.23
June 16, 2025 107,069.44
June 9, 2025 107,543.46
June 2, 2025 104,186.63
May 26, 2025 109,844.10
May 19, 2025 103,843.75
May 12, 2025 104,151.94
May 5, 2025 94,148.60
April 28, 2025 94,635.92
April 21, 2025 88,208.60
April 14, 2025 85,623.93
April 7, 2025 78,197.07
March 31, 2025 83,428.18
March 24, 2025 88,043.32
March 17, 2025 82,748.61
March 10, 2025 80,483.17
March 3, 2025 90,833.10
February 24, 2025 94,569.34
February 17, 2025 96,701.18
February 10, 2025 97,403.56
February 3, 2025 96,864.15
January 27, 2025 101,643.23
January 20, 2025 106,822.51
January 13, 2025 92,117.84
January 6, 2025 101,692.99

Monday, October 6, 2025 News Update

Bitcoin Surges Past $125,000, Setting Records and Fueling the $1 Million Dollar Debate

Bitcoin (BTCUSD) has once again captured the financial world's attention, soaring past the $125,000 mark over the weekend to reach a new all-time record. This rally has delivered an immediate boost to crypto-related equities, validating the long-held anticipation of fresh highs among bitcoin bulls. The world's largest cryptocurrency, recently trading near $124,700, has helped push the crypto's collective market capitalization past $4.5 trillion, according to research firm Messari.

The market immediately responded, with crypto stocks like MicroStrategy (MSTR), crypto exchange Coinbase Global (COIN), and stablecoin issuer Circle (CRCL) all up at least 2% Monday morning. Bitcoin mining plays, including Marathon Digital parent company MARA Holdings (MARA) and Riot Platforms Inc. (RIOT), saw gains of around 4%. Investors seeking exposure to the surge are often investing in these crypto-related companies, which tend to be less volatile than the token itself, though their prices are still known for dramatic day-to-day swings.

The Forces Driving the Rally

Bitcoin's recent ascent has been buoyed by several powerful trends. First, a generalized increase in investors' appetite for risk has driven the broader stock market to near-record levels. Second, a growing pool of traders is buying tokens as more crypto ETFs are launched and digital currencies become further integrated into traditional financial services.

Furthermore, both retail and institutional investors have been favoring Gold and Bitcoin as hedges against heightened geopolitical uncertainty and persistently high government debt—a trend known as the "debasement trade." A recent JPMorgan research note highlighted this dynamic, with analyst Nikolaos Panigirtzoglou suggesting that Bitcoin appears more attractively priced relative to gold following the precious metal's "steep climb."

Fundstrat's head of digital asset strategy, Sean Farrell, echoed this sentiment, suggesting that a gold-to-bitcoin rotation could be on the horizon. "Gold looks stretched and crowded to me, while historical patterns suggest flows could rotate from analog gold into digital gold," Farrell noted.

The Historic Performance: From $250 to $125,000

The excitement surrounding the current price action is underpinned by Bitcoin’s unprecedented track record. Over the past decade, Bitcoin has delivered an out-of-this-world performance. Back in September 2015, the token traded for less than $250. Today, it trades for well over $100,000, and at one point this summer, it hit an all-time high of $124,457.

What’s truly remarkable is how soundly Bitcoin has trounced other asset classes: it has been the best-performing asset in the world in eight of the past 10 years, often by a large margin. In fact, in five of those years, Bitcoin turned in triple-digit percentage returns. Given this record, analysts are now placing massive bets on its future. Coinbase Global CEO Brian Armstrong predicts the price will surpass the $1 million mark by 2030. Cathie Wood of Ark Invest is even more bullish, predicting Bitcoin could be worth more than $3.8 million by 2030. Michael Saylor, founder and executive chairman of MicroStrategy—arguably the biggest Bitcoin bull on the planet—thinks the price could eventually hit $21 million within the next 21 years.

The Math: Can You Turn $1,000 Into $1 Million?

The predictions are exciting, but a dose of realism is required for smaller investors. The path to becoming a Bitcoin millionaire is obvious if you have $100,000 to invest today; you simply wait a few years for the predicted nine- or ten-fold gain.

However, if you have much less—say, $1,000 to invest right now—the journey becomes much more complicated. That thousand-dollar investment would need a 1,000-fold gain to reach $1 million. In a best-case scenario where Bitcoin doubles in value every year (a compound annual growth rate of 100%), it would still take about 10 years to turn $1,000 into $1 million.

The problem? It is highly improbable for any asset to maintain a compound annual growth rate of 100% over an extended period. Michael Saylor himself has stated that the long-term returns for Bitcoin will eventually trend lower over time. Investors must also not forget Bitcoin’s historical volatility. Declines of as much as 80% are not unusual for the asset. If Bitcoin suffers even one abysmal year—as it did in 2014, 2018, and 2022—your target date for millionaire status gets pushed out even further, creating a lot more ground to make up.

It's important to keep expectations in check. While Bitcoin is a foundational crypto asset you can hold for decades, it is currently up only 25% for the year—nowhere close to the 100% annual returns required for a rapid wealth transformation from a small starting investment.

All eyes will now be on how Bitcoin performs in Q4 of 2025. Historically, this is when Bitcoin launches its historic year-end rallies. If that happens again this year, it may not be too late to capture significant gains.

Monday, September 29, 2025 News Update

Bitcoin Market Rebounds Amid Macro Relief

Bitcoin successfully recovered above the $112,000 mark Monday morning, driven by a noted surge in weekend buying. This movement reversed most of last Thursday's losses, pushing the top crypto up 2.5% in the last 24 hours. Altcoins followed Bitcoin’s strength, fueling a $354 million liquidation spree and driving the total cryptocurrency market capitalization close to the $4 trillion level.

VALR CEO and co-founder Farzam Ehsani attributed Bitcoin’s rise to "a mix of macro relief, with a softer U.S. dollar and steadier rate expectations, alongside a cleaned-up leverage after recent liquidations and renewed accumulation from larger players." Last week's broader market losses stemmed primarily from quarter-end rebalancing, according to experts. CME's Bitcoin futures open interest dropped by $2.83 billion between September 18 and 25. Options saw a further $1.50 billion decrease over the following two days. U.S. spot Bitcoin exchange-traded funds also recorded net outflows as part of the quarter-end basis unwind. Trading desk QCP Capital noted this outflow in its Monday post. Experts stated these ETF outflows were not a sign of weakness but a sign of buyer strength.

Optimism and Uncertainty

Despite quarter-end rebalancing by sophisticated traders, perpetual traders in the crypto market have increased their exposure. "Optimism is re-emerging," QCP Capital noted, citing the growth in open interest for Bitcoin's perpetual contracts from $42.8 billion to $43.6 billion alongside positive funding rates.

Prediction market Myriad shows users expect Bitcoin to close September above $105,000. However, long-term sentiment remains divided. Predictors place a 57% chance on Bitcoin dropping to $105,000 rather than surging to $125,000, continuing the bearish trend that began last week.

All attention is now on Friday's Nonfarm Payrolls report, though a potential U.S. government shutdown could delay the release. Despite near-term uncertainty, investors remain bullish as Bitcoin prepares to enter a historically strong fourth quarter with a median return of 52%. Shawn Young, chief analyst of MEXC Research, confirmed that "Bitcoin will continue to anchor sentiment, especially with the halving narrative getting closer."

Quantum Threat and Bitcoin's Resilience

In other news, Solana co-founder Anatoly Yakovenko warned that the quantum computing threat to Bitcoin may be more urgent than many believe.

"I feel like 50/50, within five years, there is a quantum breakthrough," Yakovenko said at the All-In Summit 2025 earlier this month. He stressed, "We should migrate Bitcoin to a quantum-resistant signature scheme."

The debate surrounding quantum computing intensified following advances like Google’s Willow. The core fear is that quantum computers will soon use Shor's algorithm to break encryption systems, such as the elliptic curve cryptography that secures Bitcoin wallets. Yakovenko suggested that the rapid rate of AI advancement indicates the threat is closer than commonly argued. "I would try to encourage folks to speed things up," he said. He cited Google and Apple moving to quantum-resistant stacks as proof of the need for urgent action.

Upgrading Bitcoin will be difficult due to its unique decentralized structure. The network lacks the centralized management of Google and Apple and does not have an established governance structure to easily push upgrades. The less structured governance makes achieving consensus challenging. While this ensures decentralization, it can become a handicap in urgent situations.

Despite the quantum risk, Yakovenko praised the network's resilience against current threats.

In response to concerns about the potential market impact of Bitcoin treasury firms like MicroStrategy (NASDAQ: MSTR) collapsing, Yakovenko stated, "I think Bitcoin is resilient to these entities collapsing." He clarified that while the collapse would present "painful risk in terms of people that own Bitcoin," the network would survive, and "all the properties of Bitcoin that people value will remain through that transition."

He also maintained that the network is resistant to government or malicious actor hijacks, calling such attacks "extremely hard to pull off" due to the "elegance and simplicity" of its proof-of-work consensus mechanism. Yakovenko concluded, "The reason it hasn’t been hacked is because it’s so simple." He also offered a high compliment: "I think the coolest thing, the coolest piece of software written in the last 20 years is, I would say, Bitcoin."

Monday, September 22, 2025 News Update

Major Crypto Selloff Rocks Markets as Bitcoin Falls Below Key Support

The cryptocurrency market experienced significant turbulence today, with Bitcoin breaking below the critical $112,000 support level and currently trading around $110,000-$112,660. This decline has pulled the entire crypto market cap down to $3.9 trillion, marking a substantial retreat from recent highs.

Liquidation Carnage Hits Traders Hard

The market downturn triggered a massive wave of liquidations, with over 402,000 traders forced out of their positions according to Coinglass data. The total liquidation amount reached approximately $1.7 billion over 24 hours, with long positions bearing the heaviest losses at $1.62 billion compared to just $85.8 million in short liquidations.

Bitcoin traders alone faced $276 million in liquidations, while Ethereum saw even higher losses at $483 million. These figures highlight the leveraged nature of recent market positions and the swift reversal in sentiment.

Supply Pressure Looms with Massive Token Unlocks

Adding to market concerns, over $517 million worth of token unlocks are scheduled for the coming week. This impending supply increase has traders worried about additional selling pressure that could extend the current downturn.

Technical Outlook and Key Levels to Watch

Bitcoin faces a crucial test at current levels. If the $112,000 support fails to hold, analysts are eyeing potential drops to $108,000 or even $100,000. Crypto analyst Michael van de Poppe has suggested Bitcoin could decline all the way to the $100,000 psychological level. On the recovery side, Bitcoin would need to reclaim $117,000 to signal renewed bullish momentum toward $123,000.

Ethereum has declined 5.58% to around $4,300 after briefly touching $4,700. Analyst Michael van de Poppe predicts further weakness could push ETH down to $3,700 as it loses support at the 20-day EMA of $4,392. However, he views this potential decline as creating a "massive opportunity" for long-term investors.

XRP dropped 5.7% after facing rejection at the $3.00 level, now trading at $2.87. Analysts are watching for potential support around $2.83, though large whale selling could intensify downward pressure.

Dogecoin found temporary support at $0.212 but has since fallen an additional 4%. Bears could potentially drive DOGE down as much as 45% to $0.12 if current support levels fail.

Silver Linings Amid the Storm

Despite the widespread selling, institutional interest remains evident. U.S. Bitcoin spot ETFs recorded $163 million in inflows, suggesting that long-term investors view current price levels as attractive accumulation opportunities.

Trading Strategy and Risk Management

Analyst Kaz The Shadow has advised traders to exercise patience and avoid opening long positions at current resistance levels. The recommendation is to either wait for a decisive break above $112,000 or for a potential dip to around $105,000 for a more favorable risk-reward entry.

As markets digest both the liquidation cascade and upcoming supply unlocks, near-term volatility is expected to persist. However, for investors with longer time horizons, such market corrections have historically presented compelling accumulation opportunities in quality assets like Bitcoin, Ethereum, and Solana.

Monday, September 15, 2025 News Update

Bitcoin Markets Eye Federal Reserve Rate Decision

Cryptocurrency enthusiasts are closely watching the Federal Reserve's anticipated 25 basis point rate reduction, which would bring the benchmark rate to the 4.00%-4.25% range. Market participants expect this monetary easing to benefit Bitcoin's price trajectory. Additional rate cuts appear likely in subsequent months, with projections suggesting rates could decline to approximately 3% over the next year. Fed funds futures currently price in rates dropping below 3% by the close of 2026.

Cryptocurrency advocates believe the coming monetary loosening will drive Treasury yields significantly lower, spurring greater appetite for risk assets throughout both economic sectors and capital markets. Nevertheless, the underlying mechanics are intricate and may produce results that diverge markedly from current expectations.

Although projected Fed rate reductions might pressure short-term Treasury yields downward, longer-dated securities could maintain elevated levels due to budgetary uncertainties and persistent inflationary pressures.

Treasury Supply Pressures

The federal government plans to expand Treasury bill issuance (short-duration securities) and subsequently longer-term Treasury notes to fund the Trump administration's newly enacted tax cut extensions and defense spending increases. The Congressional Budget Office projects these fiscal measures will contribute more than $2.4 trillion to primary deficits across a decade, while boosting debt levels by approximately $3 trillion, or roughly $5 trillion if these policies become permanent. This expanded debt issuance will likely depress bond valuations and elevate yields, given the inverse relationship between bond prices and yields.

"The U.S. Treasury's eventual move to issue more notes and bonds will pressure longer-term yields higher," analysts at T. Rowe Price, a global investment management firm, said in a recent report.

Fiscal anxieties have already influenced longer-duration Treasury securities, with investors requiring elevated yields for lending to the government over 10-year periods or longer—a phenomenon known as term premium.

The continued yield curve steepening, evident in the expanding differential between 10-year and 2-year yields, along with 30-year and 5-year spreads, primarily reflects the durability of long-term rates and signals mounting fiscal policy concerns.

Kathy Jones, managing director and chief income strategist at the Schwab Center for Financial Research, voiced a similar opinion this month, noting that "investors are demanding a higher yield for long-term Treasuries to compensate for the risk of inflation and/or depreciation of the dollar as a consequence of high debt levels." These worries may prevent substantial declines in long-term bond yields, Jones added.

Persistent Inflation Challenges

Following the Fed's initial rate reduction last September, the American employment market has demonstrated notable deterioration, reinforcing expectations for accelerated Fed easing and declining Treasury yields. However, recent inflation data has trended upward, complicating this narrative.

During September's rate cut, annual inflation registered 2.4%. Last month's reading reached 2.9%, marking the highest level since January's 3% figure. This inflationary resurgence undermines the rationale for aggressive Fed rate cuts and corresponding Treasury yield declines.

Market Expectations Already Reflected?

Yields have faced downward pressure, presumably incorporating market expectations of Federal Reserve rate reductions. The 10-year yield dropped to 4% recently, reaching its lowest point since April 8, per TradingView data. This benchmark yield has fallen more than 60 basis points from its May peak of 4.62%.

According to Padhraic Garvey, CFA, regional head of research, Americas at ING, the decline to 4% likely represents excessive downward movement. "We can see the 10yr Treasury yield targeting still lower as an attack on 4% is successful. But that's likely an overshoot to the downside. Higher inflation prints in the coming months will likely cause long-end yields some issues, requiring a significant adjustment," Garvey said in a note to clients last week.

Rate cuts may already be incorporated into current pricing, with yields potentially rebounding sharply following the September 17 decision, mirroring 2024's market behavior. The dollar index supports this assessment, as noted earlier this week.

2024 Market Precedent

The 10-year yield declined by more than 100 basis points to 3.60% during approximately five months preceding September 2024's rate cut. The central bank implemented additional reductions in November and December. However, the 10-year yield reached its lowest point with the September action before climbing to 4.57% by year-end, ultimately touching 4.80% in January.

ING attributes the post-easing yield increase to economic resilience, persistent inflation, and fiscal uncertainties.

Currently, while economic conditions have deteriorated, inflation and fiscal concerns have intensified as previously outlined, suggesting 2024's pattern may recur.

Bitcoin Market Implications

Although BTC surged from $70,000 to above $100,000 between October and December 2024 despite climbing long-term yields, this rally was predominantly driven by expectations of crypto-friendly regulatory frameworks under President Trump and expanding institutional BTC adoption.

These supportive themes have considerably diminished over the past year. Therefore, the prospect of yield increases in coming months potentially pressuring Bitcoin cannot be overlooked.

Monday, September 8, 2025 News Update

Bitcoin Holds Range as Fed Decision Nears

Bitcoin remains stuck in a tight range near $110,000, as traders wait for next week’s highly anticipated U.S. interest rate decision. The cryptocurrency edged slightly higher on Monday, topping $112,000. Markets shrugged off weaker U.S. economic data. August nonfarm payrolls rose just 22,000, far below the 75,000 forecast and that signals a possible cooling in the economy and boosting expectations for a Federal Reserve rate cut.

With the September 17 Fed meeting approaching, the CME FedWatch Tool shows a 100% probability of a cut. Most expect a 25-basis-point reduction, though there’s a 10% chance the Fed opts for a larger 50-point move.

“The soft U.S. jobs report did create expectations for a more dovish Fed, which is usually supportive for risk assets like Bitcoin,” said Rachael Lucas, crypto analyst at BTC Markets. “But the market had already priced in some easing. At the same time, we’re seeing institutional profit-taking, while ETF flows remain flat.”

Lucas noted that this mix has capped Bitcoin’s upside, leaving the market consolidating in a narrow band. Both Bitcoin and Ethereum ETFs saw weaker flows in early September compared to the record-breaking inflows of July and August, suggesting momentum is fading.

Technical Outlook

Analysts see $110,000 as key support. “As long as Bitcoin holds that level, structure remains constructive,” one analyst said. Resistance sits at $113,400, with further levels at $115,400 and $117,100. A breakout above these zones could signal renewed strength.

Market Catalysts Ahead

Beyond the Fed, traders are watching both on-chain and off-chain signals. On-chain, stablecoin supply is near record highs, offering potential fuel for rallies, while exchange balances of Bitcoin and Ethereum continue to decline, easing selling pressure. Off-chain, regulatory moves—such as SEC and CFTC efforts to harmonize frameworks—along with ETF flow trends, remain major sentiment drivers.

Saylor’s Strategy Keeps Buying

Meanwhile, Michael Saylor’s Strategy—the world’s largest corporate Bitcoin holder—added to its stack last week. The company bought 1,955 BTC between Sept. 2–7 for $217.4 million at an average price of $111,196, according to an SEC filing. The purchase came as Bitcoin briefly topped $113,000 before sliding back to $110,000. Strategy now holds 638,460 BTC, acquired for about $47.2 billion at an average price of $73,880.

The latest buy follows smaller August purchases of 7,714 BTC, after massive acquisitions of 31,466 BTC in July and 17,075 BTC in June. Funding came from proceeds of three at-the-market equity offerings, including the Series A Perpetual Strife Preferred Stock (STRF), Series A Perpetual Strike Preferred Stock (STRK), and Common A stock (MSTR).

Monday, September 1, 2025 News Update

Bitcoin’s trademark volatility has eased significantly this year — and JPMorgan strategists suggest the shift may be tied to companies rapidly stockpiling the asset. The cryptocurrency’s three- and six-month rolling volatility — a measure of how quickly and sharply prices move — has dropped to historically low levels. Remarkably, this trend held even as bitcoin posted new record highs in May, July, and August.

As of Friday afternoon, bitcoin slipped to $108,000, before bouncing above $109,000 on Monday. Year to date, it remains up more than 17%. “Corporate treasuries now hold over 6% of bitcoin’s total supply and act as a form of private sector quantitative easing for crypto markets,” JPMorgan global market strategist Nikolaos Panigirtzoglou wrote in a Thursday client note. “We believe a factor behind the collapse in bitcoin volatility has been the acceleration of bitcoin purchases by corporate treasuries,” Panigirtzoglou added.

A Narrowing Gap

Since its launch 16 years ago, bitcoin has been infamous for price swings far more dramatic than traditional assets like bonds, gold, or stocks. Yet its trading range has been tightening, thanks in part to the introduction of new financial products — such as futures and exchange-traded funds — that have broadened the investor base.

The latest force: public and private companies adding bitcoin to their balance sheets, following a play pioneered by Michael Saylor’s Strategy (formerly MicroStrategy).

Corporate Adoption Gains Pace

Tysons Corner, Va.-based Strategy began buying bitcoin in 2020 and has since become a heavyweight in the space. Saylor himself has emerged as the most vocal corporate evangelist for adoption.

Other companies have followed. From Trump Media & Technology Group to GameStop, Japan’s Metaplanet, and others, corporations have accumulated tens of billions in bitcoin this year, according to Bitcoin Treasuries.

In July alone, public companies accounted for “nearly two-thirds” of total bitcoin purchases among large buyers including exchange-traded products, governments, and corporations, per Bitcoin Treasuries data. That shift could reshape how much bitcoin is available to other types of investors, JPMorgan’s Panigirtzoglou noted.

By curbing volatility, these buyers may also make the asset “more attractive from a valuation point of view,” he said, adding that bitcoin could become a stronger competitor to gold.

Regulatory Tailwinds

Crypto has seen regulatory momentum in Washington as well. Earlier in August, Trump signed an executive order directing agencies to strip away barriers that prevent crypto and other alternative assets from being included in 401(k) and similar retirement plans. Weeks before, he approved a bill allowing U.S. banks to issue their own stablecoins. Big bank executives, including JPMorgan’s Jamie Dimon and Citigroup’s Jane Fraser, have confirmed they are exploring the business.

And in May, FHFA Director William Pulte ordered Fannie Mae and Freddie Mac to count crypto holdings as assets on mortgage applications.

A Model That Spreads

Saylor’s Strategy first showed how issuing debt and equity to build massive crypto reserves could work. Favorable accounting rules and a friendlier Trump administration stance have only accelerated the trend. Strategy’s stock continues to trade at a premium to its bitcoin holdings, further validating the approach.

About 180 other companies have copied the model, though not all with the same results. Capriole Investments notes that roughly a quarter of those firms traded below the value of the bitcoin they held as of August 22. And many corporate treasuries aren’t just buying bitcoin — ether and other tokens are also on the shopping list.

Trump Media even announced last week it will partner with Crypto.com to create Trump Media Group CRO Strategy, a company set to hold Crypto.com’s Cronos token. Since the announcement, Cronos’s market cap has nearly doubled to $9 billion.

A Different Kind of QE

Panigirtzoglou’s comparison of corporate bitcoin accumulation to “quantitative easing” points to the broader impact. Traditionally, QE describes the Federal Reserve’s unconventional policy of buying assets to inject liquidity during crises like 2008 or the COVID-19 pandemic. The practice carries risks, from fueling bubbles to stoking inflation.

In crypto, the surge of corporate buying may play a similar role — softening volatility, reshaping markets, and drawing new comparisons to more established safe-haven assets.

History

In January 2009, Bitcoin was created by Satoshi Nakamoto. The identity of Nakamoto remains hotly debated to this day, but that person or group changed the world with this invention. Like many major breakthroughs, it took a while for people to grasp why Bitcoin was special. Bitcoin was created in the midst of the banking crisis, and one of its major goals was to give people another option to buy and sell products outside of a heavily regulated and centralized banking system.

The first entities to fully embrace Bitcoin were black market enterprises like Silk Road. For a while, Bitcoin became synonymous with the notorious website, but its use became more and more widespread starting in 2013.

That led to the price of Bitcoin skyrocketing and reaching incredible heights in 2017. On January 1, 2017 a single Bitcoin was worth $998, but that price rose by nearly 20-fold near the end of the year, hitting an all-time high of $19,666 on December 17, 2017. Bitcoin has left those prices in the dust in 2021, as the price of Bitcoin is approaching $50,000.

Stability

One of the major criticisms of Bitcoin is that the currency wildly fluctuates and that has proven to be true in 2021. As Bitcoin has become more accepted and understood, investors are getting a better understanding of what leads to price changes, and that has led to the Bitcoin market looking a lot like the stock market.

Security

There have been fears over how secure Bitcoin is over the years, but transactions are even more secure as they are in the traditional marketplace thanks to blockchain technology.

Whereas we are constantly hearing stories of companies having their databases hacked and identities being stolen, the nature of blockchain presents this from happening with Bitcoin.

For a transaction to occur, the sender must know their private key and digitally sign the transaction, and the signature must be verified by the network using the public key. The number of private keys makes it nearly impossible to hack into another person’s account, but there is one thing to keep in mind. You MUST keep your private key backed up somewhere or else you will lose access to your Bitcoin. Don’t make the mistake of not backing up your private key and risk losing your hard earned money.

How do I buy Bitcoin?

You can buy Bitcoin by using one of the major currency exchanges such as Coinbase or Gemini. These exchanges allow you to use a credit or debit card or bank transfer to buy Bitcoin. You can then send Bitcoin to your sportsbook account and you can withdraw Bitcoin from your sportsbook account to your digital wallet.

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