Bitcoiners should embrace institutional adoption as it keeps everyone honest, says Erik Voorhees.
Much like Santa himself, Bitcoin is magic.
The former congressman from Texas believes the government is “watching very closely” to see what happens with crypto.
He believes that rising adoption will drive Bitcoin higher next year, and that DeFi will have a similar effect on Ethereum.
Multiple indicators show pro and retail traders remain strongly bullish even as Bitcoin price failed to break $20,000.
Leading business intelligence firm MicroStrategy is doubling-down on Bitcoin, announcing a securities offering to raise $400 million to invest in BTC.
Declining volume and resistance at $19,500 are pinning Bitcoin price into a tightening range.
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MicroStrategy Plans $400M Raise; Net Proceeds Will Fund More Bitcoin Buys – CoinDesk CoinDesk
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