Cryptocurrencies Price Prediction: Bitcoin, TGA & MicroStrategy – European Wrap 19 December
|Bitcoin Price Annual Forecast: 2025 outlook brightens on expectations of US pro-crypto policy
Bitcoin (BTC) price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot Exchange Traded Funds (ETFs) in January and the reduced supply following the fourth halving event in April.
Arthur Hayes urges Trump to devalue Gold and back Bitcoin
Arthur Hayes, the CEO of BitMEX, has proposed that the United States devalue the price of gold and establish a Bitcoin reserve to boost its economic growth. In his latest article, Hayes suggests this bold move could help the Treasury quickly generate dollar credits, which could then be used to purchase Bitcoin (BTC). He believes this approach would strengthen the economy and secure the U.S.’s position as a global financial leader.
MicroStrategy may pause Bitcoin buys amid blackout rumors
Speculation is rising that MicroStrategy may temporarily halt Bitcoin (BTC) purchases in January due to a rumored blackout period affecting the issuance of shares or convertible debt. These blackout periods, often self-imposed by publicly traded companies, restrict certain financial activities to comply with regulations or avoid the appearance of impropriety.
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