Cryptonews

Michael Saylor, the mensch of Bitcoin prophecy, solemnly declared that Bitcoin is no longer just digital pocket cash for internet weirdos but is evolving into the corporate treasury’s idea of a dream date. Forget holding onto cash like it’s a golden ticket because, spoiler alert, cash is basically a soggy sandwich left too long in a rainstorm. Inflation and fiat currency are having their own horror show, and Bitcoin, with its built-in scarcity and worldwide liquidity, is the shiny, future-proof umbrella everyone suddenly wants.

The token peaked at a two-month high of 92 cents on Friday. That’s right—92 cents, enough to make you believe in miracles—and it gained more than 21% in the past 24 hours alone, becoming the *day’s* biggest advancer. Data courtesy of CoinDesk, because of course we need a source to back up all the excitement.

According to a recent post by Lookonchain (how charmingly cryptic), the lucky trader decided to go long on INIT with 2X leverage at the market price of $0.638. Fast forward to now, and they’re sitting pretty on a profit of $654k. Yes, you read that right, darling – over half a million bucks, just like that. 💸

What is this wondrous change, you ask? Well, hold your horses, dear reader. On a splendid Thursday, the mighty Federal Reserve has decided to pull back its iron grip on the banking sector, specifically regarding assets and the chaotic world of token activities. Oh, the joy! 🍾

And get this, Bitcoin isn’t just twiddling its thumbs; spot Bitcoin ETFs have been busy little bees, snapping up almost 25,000 BTC in the last 3 days! That’s a cool $2.3 billion in Bitcoin, folks. BlackRock? Oh, they didn’t just dip a toe—they bought $320 million worth of the stuff, bagging a neat 12,500 BTC. At this point, Bitcoin’s making more moves than a game of chess in a Bond movie. But wait—there’s a catch! The price is now stuck below a key supply zone, like a kid who can’t reach the cookie jar. Will it break free? Or will it sulk in its current range?

In a post likely crafted after a few too many espressos, Titan of Crypto laid out a grand plan for Bitcoin to vault all the way up to $135,109 by summer 2025. Because nothing screams certainty like predicting a number with an extra 109 tacked on.

This isn’t just some random popularity contest—Multipolitan’s 2025 Crypto Cities Index had its nerds crunching everything from tax codes to internet speeds (because slow crypto is like cold coffee, no thanks).

They proposed a cross-border “regulatory sandbox” — which, contrary to popular belief, does not involve actual sand or buckets, but rather a carefully monitored arena for crypto magic to be tested without accidentally setting anyone’s wallet on fire.

“At this moment,” she said, casting a glance at the overflowing coffers, “we have enough liquidity to buy and sell dreams twice over.”

In their official dispatch, the team deflates the balloon of misinformation: the rumored cutoff at block explorer #220? Hogwash! That number is a merry cocktail of locked tokens, sleepy exchange wallets, and ghosts of non-violent non-participants. No, dear reader, the true arbiter of who’s in and who’s merely window shopping glimmers on the bona fide leaderboard.