âMicroStrategy of Asiaâ Metaplanet Aims To Acquire Over 210,000 BTC By the End of 2027
âMicroStrategy of Asiaâ Metaplanet Aims To Acquire Over 210,000 BTC By the End of 2027
Bitcoin Magazine âMicroStrategy of Asiaâ Metaplanet Aims To Acquire Over 210,000 BTC By the End of 2027 Metaplanet Inc. plans to acquire over 210,000 BTC by the end of 2027, which is equivalent to 1% of Bitcoinâs total supply. This post âMicroStrategy of Asiaâ Metaplanet Aims To Acquire Over 210,000 BTC By the End of 2027 first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
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Adidas Enters FIFA Rivals Universe With Licensed Digital Products
Adidas will provide exclusive digital apparel and content for the new mobile game FIFA Rivals under a multi-year agreement. Exclusive Adidas Content Launches With FIFA Rivals on June 12 The partnership coincides with the global launch of FIFA Rivals on iOS and Android on June 12. Developed by Mythical Games in partnership with FIFA, the [âŠ]
Dogecoin Ready To Blast Off? Historical Bullish Trend Sparks Hopes Of A Parabolic Surge
During the last hours of Thursday, Dogecoin experienced a notable decline as the broader crypto market retraced, causing its price to revisit the $0.16 mark, a level not seen in several months. Despite the worrying shift in trend, DOGEâs medium-term and long-term outlook remains bullish as crypto analysts advocate for an imminent parabolic surge. A [âŠ]
Know Labs, Inc. Announces Adopting a Bitcoin Treasury Strategy, Starting with 1,000 Bitcoin
Bitcoin Magazine Know Labs, Inc. Announces Adopting a Bitcoin Treasury Strategy, Starting with 1,000 Bitcoin Know Labs, Inc. announces making a Bitcoin Treasury Strategy, holding 1,000 Bitcoin and placing Greg Kidd as the CEO of the company. This post Know Labs, Inc. Announces Adopting a Bitcoin Treasury Strategy, Starting with 1,000 Bitcoin first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
Bored Apes Creator Yuga Labs Moves to Sunset Apecoin DAO, Launch Apeco
Yuga Labs, creator of the Bored Ape Yacht Club, has proposed terminating the decentralized Apecoin DAO and transferring its assets to a new entity called Apeco to accelerate ecosystem growth. Apecoin DAO to Dissolve Under Yuga Labs Proposal Yuga Labs CEO Greg Solano has formally proposed sunsetting the Apecoin Decentralized Autonomous Organization (DAO), calling it [âŠ]
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Bitcoin Could Break The Dollar â $250K Prediction Still In Play, Billionaire Says
Tim Draper, a Silicon Valley venture capitalist, has doubled down on his call for Bitcoin to hit $250,000 by the end of 2025. He shared this on X, renewing a prediction he first made in 2018 when he set his sights on reaching that mark by 2022. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge Back then, the crypto market took a sharp downturn in 2022âthanks in part to FTXâs collapseâand the timeline slipped. Still, Draper believes todayâs drivers are strong enough to push prices higher. He even suggested that the US dollar might vanish in a decade as Bitcoin takes its place. Tim Draperâs Bold Timeline According to Draper, the $250,000 target isnât just wishful thinking. In 2018, he said Bitcoin would reach that level by 2022. It didnât happenâ2022 saw many digital assets tumble in value. This year, though, he repeated his forecast after seeing a ârecent surgeâ in the crypto. Bitcoin might go infinite against the dollar. On the heels of the recent surge, Iâm still expecting Bitcoin to reach $250,000 this year. Whether Bitcoin will keep gaining ground that fast, who knows. But the main factors pushing it forward right now are: â General optimism⊠pic.twitter.com/EiD36iYbRy â Tim Draper (@TimDraper) June 4, 2025 He also claimed Bitcoin could become âinfinite against the dollar,â arguing that in 10 years the US dollar wouldnât exist. His confident tone suggests heâs sticking with the same numbersâ$250,000 by December 31, 2025. Political And Regulatory Drivers Based on reports, Draper points to politics as a big catalyst. He highlighted moves by US President Donald Trump, who is working on new trade deals. One sign of this push is the Media & Technology Groupâs filing on June 5, 2025, for a Truth Social Bitcoin ETF. That application is headed to the NYSE Arca, with Crypto.com lined up as custodian, and it aims to bring more mainstream money into Bitcoin. On the regulatory front, the US Senate voted 66â32 on May 19 to advance the GENIUS Act, which would set rules for stablecoins. Plus, the Digital Asset Market Clarity Act of 2025 is under debate. It has bipartisan support and is meant to spell out clear rules for crypto. Financial Institutions And Adoption Draper also sees banks and big companies stepping in. He mentioned that JP Morgan plans to let its clients buy Bitcoin and use spot-BTC ETFsâlike BlackRockâs IBITâas collateral. That shift could open doors to a flood of institutional cash. Meanwhile, according to Bitcoin Treasuries data, Michael Saylorâs Strategy leads the pack, holding over 580,000 BTC. At current prices, that stash is worth about $61 billion. These moves, Draper argues, point to people treating Bitcoin more like gold than a risky token. Related Reading: Bitcoin Network Activity Booming Despite A Quiet MarketâData Technological Advances On Bitcoin In his view, the tech upgrades on Bitcoin matter too. He talked about Web3 apps built on Bitcoin and said âLayer 2 solutions give Bitcoin the flexibility of Ethereum.â Right now, Lightning Network handles many Bitcoin transactions, making payments faster and cheaper. Featured image from Imagen, chart from TradingView