Cointime

Download App
iOS & Android

Bitcoin Enters The Institutionalization Cycle

Validated Individual Expert

Bitcoin

Don’t Be Surprised When Price Begins Increasing With Lightning Speed

Microstrategy paved the way. Michael Saylor kicked the hornet’s nest, and the swarm is headed towards us.

Institutions are drawn to Bitcoin, recognizing that banks are an unsteady place to store their cash.

Bitcoin is projected to become a highly institutionalized safe haven asset reaching a $1 million price point this decade.

Buckle up, as this will be the ride of a lifetime. The greatest wealth transfer the world has ever seen is about to start.

Bitcoin Public Companies Will Increase Tenfold

Coingecko lists 23 institutions that hold Bitcoin in their reserves.

Tesla has declared it still holds approximately $200 million in Bitcoin. The exact number was not announced but it has to be around 7000 BTC.

Musk’s Tesla was a top buyer of Bitcoin in 2021 and just the news of Tesla buying Bitcoin pushed the price another 300% in 2021.

Everyone made mistakes in 2021 with public relations. Since the $67,000 ATH, probably have to focus less on certain people that damage Bitcoin’s credibility.

To succeed, Bitcoin will need a few better people and reduce our attention to toxic individuals that did well in 2015 and 2017 to make Bitcoin popular, but they are now only damaging our chances. If you are reading this, you know well who these people are, we don’t have to name them. Toxicity is not going to attract mainstream finance that we want to engage with and have them acknowledge Bitcoin.

Michael Saylor The Bitcoin Angel

Michael Saylor is doing it all right. We need more businesses to get finance into Bitcoin.

$300 trillion is ready to enter Bitcoin.

Don’t screw this up elevating toxic elements or extreme political beliefs. The mainstream needs less extremism, so be careful out there. We don’t need to be woke, we don’t need maga either. Take that out, and I promise you the money will not stop pouring into Bitcoin.

You can vote for Trump or Biden, but nobody in finance cares.

Finance cares for finance.

Finance will care if Bitcoin becomes political. And it will destroy it at the same moment. Learn this lesson well, because it can be a problem later. We have to convince a market worth several quadrillions of dollars that Bitcoin can be a safe haven, a settlement layer, and the next reserve currency.

Bitcoin is apolitical, do the same if you want Bitcoin to enter the new cycle of institutionalized adoption.

Comments

All Comments

Recommended for you

  • Israel Claims It Is Ready to Restart War with Iran

    On April 23, Israeli Defense Minister Katz stated at the end of a situation assessment that Israel is prepared to restart the war with Iran, 'just waiting for the green light from the United States.' (CCTV News)

  • Iranian Source: Breakthrough in Iran-US Negotiation Preparations Possible 'Tonight or Tomorrow'

    On April 23, an Iranian diplomatic source told RIA Novosti that preparations for negotiations between Iran and the United States in Pakistan may achieve a breakthrough 'tonight or tomorrow.' (Xinhua News Agency)

  • Anthropic's Secondary Market Valuation Reaches $1 Trillion, Surpassing OpenAI

    On April 23, Anthropic's valuation on private equity trading platforms like Forge Global has risen to around $1 trillion, surpassing OpenAI's $880 billion. It is reported that the valuation of this artificial intelligence startup has rapidly increased due to buyers competing to purchase the increasingly scarce secondary market shares of Anthropic. (Dongxin News Agency)

  • BTC Surpasses $78,000

    Market data shows that BTC has surpassed $78,000, currently priced at $78,000.81, with a 24-hour decline of 0.14%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Bitmine Allegedly Acquires 100,000 ETH Worth $233.7 Million

    On April 23, according to monitoring by Lookonchain, three new addresses suspected to be associated with Tom Lee's Bitmine (0xB6a8...9c9E, 0xc2e0...2831, 0x4e5C...276c) received 100,000 ETH from BitGo, valued at $233.7 million.

  • Musk: AI Chip Shortage Expected in the Future

    On April 23, Tesla CEO Elon Musk stated during an earnings call that the company initiated the Terafab chip factory project due to an anticipated severe shortage of AI chips in the future. He remarked, "In terms of industry growth rates, logic chips, and even more so storage chips, we expect to encounter bottlenecks if we do not manufacture chips ourselves. This is the reason for the birth of Terafab." (Dongxin News Agency)

  • US Spot Bitcoin ETF Sees Net Inflow of $331.9 Million Yesterday

    On April 23, according to monitoring by Trader T, the US spot Bitcoin ETF experienced a net inflow of $331.9 million yesterday.

  • US Spot Ethereum ETF Sees Net Inflow of $96.43 Million Yesterday

    On April 23, according to monitoring by Trader T, the US spot Ethereum ETF saw a net inflow of $96.43 million yesterday.

  • BTC falls below $67,000

    market shows BTC has fallen below $67,000, currently reporting at $66,987.51, with a 24-hour increase of 0.41%. The market is experiencing significant fluctuations, please be prepared for risk control.

  • BTC breaks through $67,000

    the market shows BTC has broken through $67,000 and is currently trading at $67,011.99, with a 24-hour decline of 0.26%. The market is volatile, so please be prepared to manage risks.