Bitcoin to hit $1 million by 2027 using new adoption pricing modelBitcoin modeled as a resource with fixed supply cap, raising potential for rapid price escalation amid growing demand and strategic reserves.
Happy Wednesday!Exciting developments are shaping the future of Bitcoin and the broader cryptocurrency landscape. A new adoption pricing model suggests that Bitcoin could soar to $1 million by 2027, driven by its fixed supply and increasing demand. Meanwhile, the Satoshi Action Fund has revealed a draft for a potential executive order to establish a U.S. Bitcoin Strategic Reserve, utilizing seized Bitcoin as a foundation. In other news, BlackRock’s IBIT has emerged as the decade's top ETF for inflows, surpassing its competitors with over $36 billion in net flows. Additionally, Charles Hoskinson is advocating for the Cardano Foundation to relocate from Switzerland to more community-driven governance models in jurisdictions like Abu Dhabi and Wyoming. Stay tuned as these stories unfold! LATEST SLATECAST 🎙️ INTMAX’s stateless blockchain: Leona Hioki’s vision for privacy, scalability, and decentralization 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.64 trillion, with a 24-hour volume of $191.39 billion. The price of Bitcoin is $103,730.99, and BTC market dominance is 56.6%. The price of Ethereum is $3,863.71, and ETH market dominance is 12.8%. The best-performing sector is Cybersecurity, which gained 4%. The Crypto Fear & Greed Index is currently Greed (81). Bitcoin to hit $1 million by 2027 using new adoption pricing model
Bitcoin modeled as a resource with fixed supply cap, raising potential for rapid price escalation amid growing demand and strategic reserves. 📰 Top News
Satoshi Action Fund reveals potential executive order draft to establish US Bitcoin Strategic ReserveThe draft suggests allocating 2% of Exchange Stabilization Fund's portfolio value, with seized Bitcoin being used as a foundation for the Reserve. Charles Hoskinson urges Cardano Foundation to leave Switzerland for community-driven governanceHoskinson eyes jurisdictions like Abu Dhabi and Wyoming to redefine Cardano Foundation's governance model. BlackRock’s IBIT becomes decade’s top ETF for inflows, surpassing all rivalsIBIT secured over $36 billion in positive net flows, besting approximately 2,850 ETFs launched in the past 10 years.
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