The highly anticipated 2024-2025 Bitcoin bull market has already begun and it has been quite the ride so far. The most important question on everybody’s lips is the most obvious one: How high will bitcoin go this time around? Famed Dutch digital currency trader Michael Van De Poppe believes it will surpass all expectations. 

Yesterday he tweeted:

Absolutely massive chart on #Bitcoin.

From a daily perspective, nothing has changed, I think we’re close to the pre-halving peak and will consolidate.

The other thing; this cycle is going to be higher than everyone expects. pic.twitter.com/7D5zgNXs8G

— Michaël van de Poppe (@CryptoMichNL) March 2, 2024Michael Van De Poppe’s Predictions

Van de…

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Robert F. Kennedy Jr. (RFK Jr.), a U.S. presidential candidate and prominent advocate for Bitcoin, discussed the cryptocurrency’s significance in an interview with CNBC. RFK Jr. emphasized the importance of making Bitcoin accessible to the middle class, highlighting its potential to safeguard against inflation and ensure transactional freedom without government interference. He warned against the government’s control over digitalized currency, citing concerns about curtailed freedoms and surveillance. RFK Jr. underscored Bitcoin’s role as a hard currency, providing an offramp from the inflationary effects of fiat money printing. Despite opposition from some Congress members and banking elites like JPMorgan CEO Jamie Dimon, RFK Jr. remains steadfast in his support for Bitcoin, advocating for its protection and promotion if elected president. He opposes central bank digital currencies (CBDCs), cautioning against their potential for social surveillance and control, and pledges to prevent the issuance of a digital dollar if elected. RFK Jr.’s stance reflects his commitment to preserving economic freedom and privacy through the adoption of decentralized digital currencies like Bitcoin.

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BIGCAP COINS:

1. Pepe: Market Cap of $2.2 Billion.
2. Shiba Inu: Market Cap of $12.8 Billion.
3. Bitcoin: Market Cap of $1.2 Trillion.

MIDCAP COINS:

1. MAGA: Market Cap of $368 Million.
2. FLOKI: Market Cap of $1.3 Billion.
3. dogwifhat: Market Cap of $1.5 Billion.

RISING COINS:

1. WOO: Market Cap of $1.1 Billion.
2. FlokiFork: Market Cap of $14.2 Million.
3. Golem: Market Cap of $722 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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In a bipartisan move, the House Financial Services Committee has taken steps to repeal the SEC’s controversial digital assets accounting bulletin, SAB 121.

House Financial Services Committee discusses SAB 121 — SourceSAB 121: An Overview

The House Financial Services Committee recently made strides in the ongoing debate surrounding the regulation of digital asset custodianship. Lawmakers referenced a Government Accountability Office report from October 2023, stating SAB 121 should have been officially issued.

This action stems from the Securities and Exchange Commission’s (SEC) issuance of Staff Accounting Bulletin (SAB) 121, a directive that mandates digital asset custodians to report…

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Bitcoin, the world’s most prominent digital asset, is steadily “becoming an alternative currency on a global basis”, according to Bloomberg strategist Mike McGlone. In a series of recent analyses, McGlone has highlighted key factors contributing to bitcoin’s surge towards the $70,000 mark, while also shedding light on its growing acceptance and role in the global financial landscape.

SourceMike McGlone: Bitcoin as a Global Alternative Currency

McGlone emphasizes that Bitcoin is increasingly being recognized as a global alternative currency, particularly as traditional markets experience volatility. He notes, “The world’s going towards intangible assets and bitcoin is the most…

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The U.S. government has halted its efforts to conduct an emergency survey on the energy usage of Bitcoin mining operations following legal pushback from industry players.

This decision comes after several lawsuits were filed against the Energy Information Administration (EIA) by prominent Bitcoin mining firms and associations. On March 2, the US Department of Energy, the EIA, and the Office of Management and Budget (OMB) reached an agreement with Texas Blockchain Council (TBC) and Riot to halt data collection from Bitcoin miners.

Halting of the survey regarding Bitcoin miners — SourceLegal Backlash Leads to Survey Halt

The U.S. Department of Energy (DOE) and the Energy Information Agency…

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Anthony Scaramucci, a renowned investment figure, has heralded Bitcoin as the “Berkshire Hathaway of the 21st century.” Labeling Bitcoin a “compounding, wealth-generating machine,” Scaramucci suggests that Bitcoin is at a nascent stage, mirroring the early days of Berkshire Hathaway. His comparison highlights Bitcoin’s remarkable journey and its potential for exponential growth, akin to the trajectory once experienced by Berkshire Hathaway.

In a notable achievement, Bitcoin’s market capitalization has soared beyond Berkshire Hathaway’s, marking a significant milestone at approximately $1.215 trillion compared to Berkshire’s $881.04 billion. This leap signifies Bitcoin’s escalating dominance and the burgeoning interest from investors, challenging the conventions of traditional investment. Despite skepticism from critics like Warren Buffett, Bitcoin’s rapid ascent and adoption spotlight its evolving role in the investment landscape, promising a new era of wealth generation.

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$1M – $10M MarketCap:

1. saffron.finance (SFI): 121%
2. Trava Finance (TRAVA): 78%
3. Luna Inu (LINU): 48%
4. BabySwap (BABY): 41%
5. NvirWorld (NVIR): 34%

$10M – $100M MarketCap:

1. Virtua (TVK): 144%
2. Oxygen (OXY): 142%
3. CumRocket (CUMMIES): 98%
4. DGI Game (DGI): 96%
5. Numbers Protocol (NUM): 64%

$100M – $1B MarketCap:

1. Golem (GLM): 74%
2. Smooth Love Potion (SLP): 58%
3. Syscoin (SYS): 40%
4. Vanar Chain (VANRY): 37%
5. Wen ($WEN): 32%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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BIGCAP COINS:

1. Bitcoin: Market Cap of $1.2 Trillion.
2. Shiba Inu: Market Cap of $11.8 Billion.
3. Dogecoin: Market Cap $19.6 Billion.

MIDCAP COINS:

1. Pepe: Market Cap of $1.6 Billion.
2. dogwifhat: Market Cap of $1.1 Billion.
3. Fetch.ai: Market Cap of $1.5 Billion.

RISING COINS:

1. FLOKI: Market Cap of $1.0 Billion.
2. MAGA: Market Cap of $290 Million.
3. Troll: Market Cap of $83.5 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Bitcoin has soared to a new peak for 2024, touching $64,100, and wrapping up February with a staggering 45% increase—its most impressive monthly performance since December 2020. This marks the cryptocurrency’s sixth consecutive month of gains. The surge is largely attributed to a significant influx of investors, who have shown keen interest in Bitcoin, particularly within a crucial price bracket.

Crypto analyst Ali, referencing IntoTheBlock data, notes that Bitcoin is currently supported by a solid base, with over 1 million addresses having acquired upwards of 671,000 BTC between $60,334 and $62,155. This buying spree underscores a robust confidence among investors, setting a strong foundation that may mitigate potential declines.

As Bitcoin navigates forward, it approaches a vital challenge within the $63,282 to $67,413 range. Here, nearly 48,440 BTC were purchased by 193,230 addresses, averaging a buy-in at $65,164. This level indicates a pivotal moment for Bitcoin, hinting at sustained investor interest and potential for further growth.

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