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Michael SaylorBitcoin evangelist and CEO of MicroStrategy, who co-founded that company, took to his account on the social media platform X to share a new daily message with the BTC community.
“Bitcoin is the right move,” Saylor says.
Saylor posted an AI-generated photo of himself with Bitcoin themes — an orange tie (the color of BTC) with actual BTC coins slightly blurred in the background. Aside from them, there are also some chess pieces in there, which is why Saylor's message to the cryptocurrency community has the feel of a chess game.
“Bitcoin is the right move,” his tweet states. Based on his previous statements, this seems like a basic strategy for a Bitcoin trader.
His tweet received a lot of attention and views from the cryptocurrency community, producing comments rich with enthusiasm and support from those who share Saylor's view on Bitcoin and its role as the primary digital asset of the future.
The US government may sell 69,000 bitcoins
As reported earlier today, the US Department of Justice has been authorized to do so Sell 69,370 Bitcoin Which was owned by her, which was confiscated from the notorious dark web marketplace, Silk Road, founded by Ross Ulbricht.
This amount of Bitcoin is currently worth about US$6.5 billion in fiat currencies. Several companies — Battle Born Investments Company, First 100, and 1st One Hundred Holdings — sought to temporarily halt implementation of the ruling in the case, to prevent the Justice Department from selling bitcoin seized from the notorious market. They also claimed in court that they had the right to get their hands on that bitcoin. However, the court sided with the Department of Justice, allowing them to proceed with a potential sale.
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As that news spread, the largest cryptocurrency recorded a sudden massive drop of 3.46% as Bitcoin fell sharply from $95,280 to the $91,980 level today. So far, it has recovered a paltry amount and is trading at roughly $92,500 per coin.
The cryptocurrency community on the Donald Trump has promised to create a strategic Bitcoin reserve for the United States, so he will likely reject this massive Bitcoin sale, as many influencers and cryptocurrency enthusiasts hope.
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