ChainCatcher message, Strike founder Jack Mallers stated, “Bitcoin is not a software company. The reason it’s traded like a tech stock is because many holders don’t truly understand it. This pullback is indeed painful, but it may be clearing out leveraged ‘software capital,’ allowing Bitcoin to ultimately be priced and traded based on its ‘hard currency’ properties. Hang in there. Buy the dip (BTFD). No one knows where the price is headed, but based on historical data, if you believe Bitcoin won’t drop to zero, now is a good time to start dollar-cost averaging.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: 500 BTC transferred from an anonymous address, worth approximately 34.2 million USD
ChainCatcher reports that, according to Arkham data, at 05:05, 500 BTC (worth approximately $34.2 million) was transferred from an anonymous address (starting with bc1qwujz2...) to another anonymous address (starting with bc1qxexs0...).
GateNewsBot26m ago
“Not Panic Selling”: Pierre Rochard on Bitcoin’s 21M Edge
_Pierre Rochard cites Bitcoin’s fixed 21M supply and adoption as BTC reclaims $70K after U.S. inflation data._
Bitcoin has regained momentum in recent trading sessions, climbing back above $70,000 after a recent pullback.
Amid cautious market sentiment, Pierre Rochard said he is not selling, c
LiveBTCNews31m ago
Michael Saylor Signals Another Bitcoin Buy Amid Market Rout
Strategy, the Bitcoin treasury vehicle co-founded by Michael Saylor, extended its unbroken buying streak to week 12 as the broader crypto market faced renewed volatility. The company has kept up a publicly visible accumulation cadence, signaling a long-term conviction in Bitcoin as a treasury
CryptoBreaking46m ago
New Bitcoin Reserve Bill Lets Taxes Be Paid in BTC, Drops Gains Tax
Congressman Davidson said the bill would let Americans pay taxes in Bitcoin and remove capital gains tax on those payments.
Davidson said the plan puts all seized Bitcoin under Treasury custody, after agencies reportedly lost private keys across departments.
Brazil introduced a RESbit bil
CryptoFrontNews50m ago
