#Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor
Today, the cryptocurrency market is generally following a mixed course. While small declines or sideways movements are seen in the prices of major cryptocurrencies such as Bitcoin and Ethereum, significant movements are experienced in some altcoins.
Featured Headlines and Developments:
* Bitcoin (BTC): Its price has been under pressure due to profit taking after the recent record increases. While some sources state that it is around $ 106,000, a sideways trend may be seen in the short term. However, in long-term expectations, there are estimates ranging from $ 130,000 to $ 1.5 million for 2025. While institutional and political support continues, Bitcoin investments of companies such as GameStop are also drawing attention.
* Ethereum (ETH): It is stated that it is trying to stay above $ 2,600. There are news that EIP-7702 transactions have increased with Ethereum's Pectra Update, but phishing risks have also increased.
* Altcoins:
* Solana (SOL): Its price is gaining strength with technical signals targeting $300.
* XRP: It is stated that there is a 48% bounce signal with the combination of ETF hope and technical formations.
* Sui (SUI): It is stated that it gives a 100% rally signal with the effect of the ETF application.
* Some cryptocurrencies rise when the market is down, while others experience significant declines.
* Institutional and Country-Based Developments:
* Pakistan: Announced a plan to establish a national strategic Bitcoin reserve.
* Central Bank of Russia: Allowed crypto derivatives for qualified investors.
* GameStop: Attracted attention by purchasing 4,710 BTC worth more than half a billion dollars.
* Trump Media: Announced plans to invest $2.5 billion in Bitcoin.
* BlackRock: Reportedly plans to take a 10% share in Circle's IPO and increased IBIT assets by 25%.
In general, it is a day when institutional interest continues in the market, some countries have started to evaluate cryptocurrencies strategically, and important technical signals are seen in altcoins. However, it is observed that there is a period of profit-taking or consolidation in major cryptocurrencies, especially Bitcoin, after the recent increases.