“Hyperbitcoinization” — an almost apocalyptic term evoking end-of-days fiat collapse and bitcoin’s parabolic rise to global reserve status — is increasingly being discussed in more serious circles. For hardcore bitcoin maximalists, it’s long been the ultimate scenario: a financial utopia where individuals, institutions and even nations are all-in on a bitcoin-only system as the fiat-based
El Salvador’s strategy of buying 1 Bitcoin a day has paid off. Since November 18, 2022, the government has purchased 1 BTC a day, bringing the total to 969 Bitcoin. The $54.15 million investment is now worth $115.18 million. BTC purchased at an average price of $55,886 currently represents an unrealized profit of 113%. The
In a recent tweet, Bitcoin historian Pete Rizzo spotlighted a key moment in Bitcoin’s history: its first-ever mention on television back in 2011, when the price was trading at just $3. “The 1st-ever Bitcoin mention in TV history happened at $3 in 2011,” Rizzo stated in a tweet accompanied by a short video clip, adding
Elliott Wave Theory, which provides an organized framework for examining market cycles and investor psychology, has been used by traders looking for hints about whether this rally can continue. With the asset soaring toward $120,000 and sparking a potential target close to $200,000, Bitcoin’s price performance over the last few months has been incredible. Elliott
Bitcoin’s weekend breakout above $118,000 caught attention not only for the price, but also for the aggressive liquidation stats. According to the updated CoinGlass heat map, in the 12-hour window, BTC recorded $3.66 million in short liquidations, compared to just $197,660 from longs. That’s an imbalance of 1,722%, with nearly all the damage falling on
The “$1 million Bitcoin” advocate Samson Mow has renewed his ultra-bullish stance on the leading cryptocurrency, suggesting the next major milestone is no longer speculative — just a matter of timing. His latest post offers a long-term target of seven figures per BTC, something that would require the asset to “add a zero” from current
When gold maximalist Debra Robinson jeered, “Imagine paying $118k for a set of man-made numbers,” she echoed a familiar skepticism among precious metal enthusiasts. Lyn Alden, a respected macro analyst and Bitcoin bull, responded with pragmatic advice: “Precious metal enthusiasts could buy a bitcoin position of like 5% of their metals position. That hedges their
Bitcoin’s price on Sunday, July 13, 2025, hovers around $118,077, with a 24-hour market capitalization of $2.34 trillion and trading volume of $20.09 billion. The intraday range marked a tight band between $117,103 and $118,189, suggesting a day of consolidation at elevated levels near resistance. Bitcoin The daily BTC/USD chart reflects a clear bullish breakout
According to CoinDesk Data price information, at 2:20 p.m. UTC on Sunday, the bitcoin BTC$118,854.45 price set a new all-time high of $119, 308, up 1.4% in the past 24-hour period. Bitcoin’s achievement was a little bit surprising because the crypto market was waiting for the U.S. stock market to open on Monday to discover