📌 Daily Summary
● LIVE TRACKINGMichael Saylor has unveiled a strategic framework for the continued accumulation of Bitcoin (BTC), fueling optimism among investors regarding the cryptocurrency's trajectory. Concurrently, Citi has adjusted its forecasts for Bitcoin and Ethereum (ETH), raising targets following recent market developments, which are likely to bolster institutional confidence. In the latest weekly report, Bitcoin remains the standout performer, with notable capital flowing into three altcoins, reinforcing the broader market sentiment. However, the landscape is mixed as a firm that previously leveraged Bitcoin as collateral has opted to liquidate 267.3 BTC to address debt obligations. In other significant developments, Cardano has secured a partnership with a major Brazilian oil company to integrate aviation fuel into blockchain technology, while Dogecoin has entered a new phase with the launch of a smart contract network powered by its native token.
12:42
Michael Saylor stated that Strategyi does not have a fixed target for Bitcoin (BTC) assets and will continue to buy as it raises capital.
11:38
Citi has raised its Bitcoin target from $82,000 to $113,000, and its Ethereum target from $2,240 to $3,028.
10:37
Coinshares reported $3.55 billion in inflows into its cryptocurrency market last week. Bitcoin, Ethereum, XRP, and Solana were among the leading participants.
09:37
PowerCompute sold approximately 267.3 BTC to close its Bitcoin-backed loan and abandoned its leveraged Bitcoin accumulation strategy.
08:17
Petrobras is developing two Cardano-based projects to verify data on sustainable aviation fuel and renewable diesel.
