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JAN3 CEO Samson Mow Doubles Down on $1 Million BTC Prediction Following U.S. Debt Escape Event
Samson Mow, CEO of JAN3, has doubled down on his earlier prediction of bitcoin reaching $1 million in weeks to months. Mow states that the U.S. debt cannot be repaid, and one of the best decisions to deal with it is rebasing the price of the U.S. dollar to bitcoin. JAN3 CEO Samson Mow: The U.S. Dollar Will Have to Rebase to Bitcoin Bitcoin’s irruption in U.S. financial state policy has experts making conjectures about the digital assets’ future price increases. Samson Mow, CEO of JAN3, a company that promotes bitcoin’s adoption at a nation-state level, has recently stated that...
Have Bitcoin miners triggered a consolidation phase post BTC’s ATH?
contributor Posted: November 19, 2024 | Last updated: November 20th, 2024 Share this article Bitcoin held steady above $90,000 despite increased miner selling and profit-taking activity. On-chain data highlighted a potential consolidation phase before the next potential breakout. Bitcoin [BTC] has maintained strong bullish momentum, staying above $90,000 and nearing new all-time highs. However, recent on-chain data shows that bitcoin miners have sold over 3,000 BTC in the past 48 hours, potentially signaling a short-term pullback. While miner profit-taking can lead to increased supply, Bitcoin’s ability to hold above $90,000 suggested strong market confidence, alongside the beginning of a consolidation...
US Senate Reviews Bitcoin Act of 2024, Proposed By Senator Lummis As BTC Value Soars Past $93K
You are here: Home / News / US Senate Reviews Bitcoin Act of 2024, Proposed By Senator Lummis As BTC Value Soars Past $93K Key Insights: The Bitcoin Act proposes annual purchases of 200,000 Bitcoins, aiming to integrate cryptocurrency into US national reserves over five years. Senator Lummis highlights BTC as a key asset for diversifying reserves and boosting economic stability amid rising global crypto adoption. Bitcoin’s price surge to $93,000 sparks market interest as the US debates integrating digital assets into its financial policy framework. The US Senate is now required to review the “Bitcoin Act of 2024” by...
