BTC $100K: Celebrating the impossible | BinanX News

GM. The juice today has a slightly different flavor: sweeter, richer and with a touch of victory in every drop.

🍾 A tribute to Bitcoin.

🍋 News Drops: Hawk Tuah Girl Rugs, Kraken Survey Shows People Feeling Crypto FOMO + more

🍍 Taste of the market today

Don’t forget to call your anti-crypto friend today, just to ask how they are and maybe add a little: “So… it’s still a scam?” 👀

It’s the moment we’ve all been waiting for. bitcoin broke the $100k ceiling! It reached a new all-time high of $103,353 and has not dropped below six figures since. The fear and greed index is flexing at 84, and “Extreme Greed” is the vibe of the day.

So what was the fuel for this rocket?

Cathie Wood, CEO of ARK Invest, saying that Bitcoin is still in its “early stages.” He doesn’t exactly agree with Powell, however; in his words, “Bitcoin is a much bigger idea than gold.”

Now, some market watchers thought that breaking above $100,000 could trigger massive selling. But there is a twist in the plot: many investors had already charged before even getting hereprobably clearing the runway for even more profits.

Also, Ki Young Ju from CryptoQuant pointed out than the current price of Bitcoin is not in “bubble” territory. Basically, toAs more people invest money in BTC, the total value of BTC held by investors (the realized limit) has increased. This increase has also raised the potential maximum price to $146,000. So for BTC to even come close to what some would call a bubble, the price would need to jump another 43%.

Still, we’re no longer talking about “if” Bitcoin will reach new heights: it’s about “when” and “to what extent.” The $100,000 era is here, and it is preparing us for a future that no one can fully predict. Are we seeing history being made? You bet.

🍾 We did it

it’s a curse good day to be in crypto.

BTC reaching $100,000 is not just a number – It’s a massive, collective W for all of us.. It is also a reminder of what the true purpose of cryptocurrencies is: community, vision and the drive to rewrite the rules.

If you are an OG or just spawned, this is something you all get to celebrate. Because let’s face it, it wasn’t easy. And I’m not just talking about those. family dinners where everyone looked at you like a idiot promoting Monopoly money.

So, take a second to soak it all in and reflect on the wild ride that brought us here. Don’t cry though… you are too beautiful for that 😏

2009 – 2012: Magic Internet Money ($0 – $30)

– Satoshi Nakamoto drops the Bitcoin White Paperand the world tests a decentralized currency for the first time.

– January 2009: The Genesis Block It is mined. BTC was worth a solid $0!! 🎉

– 2010 brought us a legendary moment – bought Laszlo Hanyecz two Papa John’s pizzas for 10K BTC (This guy would have officially become a billionaire today by the way.)

– In November 2012, we had our first half.

2013: The first major bull run ($13 – $1.1 thousand)

– March 2013: Cyprus banking crisis happened. The government announced that it would confiscate people’s savings of more than 100,000 euros, so they started turning to Bitcoin to keep their money safe.

– December 2013: China banned financial institutions from using BTC because reasons. After an impressive rise that year, the price plummeted.

– This was also the year the legendary term HODL was born, thanks to a drunk guy. we have forum.

2014 – 2016: The Sleeping Giant ($200 – $400)

– 2014 hit BTC hard with the Mount Gox collapsewhich made people question the security and reliability of crypto exchanges.

– Fast forward to July 2016 and we got the second halving event. While BTC didn’t skyrocket immediately, this helped its price skyrocket later 👇

2017 – 2020: The return ($1,000 – $29,000)

– 2017 was top Retail FOMO. Everyone and their grandma wanted in when BTC jumped to $19,000 in December.

– But then… crypto winter it stopped in 2018. Failed ICOs, overleveraged investors, and regulatory fights dragged BTC down, and it failed to surpass $10,000 for the entire year.

– Although for 2020, the tables turned. COVID-19 shook the global economy and Bitcoin became the safe haven. Starting the year at $6.9k, it increased to $29k in December.

– The third Bitcoin halving occurred.

2021: We are back (more than $68 thousand)

– Institutions jumped on the Bitcoin train and the tanker – BTC hit an all-time high of over $68,000.

– The laser eyes trend (#LaserRayUntil100K) became popular. We all looked ridiculous, but now everyone else does.

2022 – 2024: Crypto Winter 2.0 ($16,000 – $50,000)

– 2022? Ugh, not even. FTX caught fire, TerraUSD followedand everything else felt like a dumpster fire. BTC plummeted to $16K.

– Although by 2023, things began to change. around. BTC surpassed $50,000 and we all started to wonder if the cold was finally over. Spoiler alert: it was.

2024: the year of the ATH

And it all led to this moment, all of you: $103,353!

Several things made this happen: BTC ETFs were approved, Trump became pro-crypto and returned as president, institutional money continued to flow, and Bitcoin finally started to get the recognition it deserves as a store of value.

0 to 100… Give yourself a pat on the back, smile through those happy tears and remember: this is history in the making. and you are here 🥹

🍋 News falls

😕 It turns out that Ripple wasn’t willing to abandon RLUSD yesterday after all; They are still awaiting final approval. But don’t throw yesterday’s newsletter for now: when RLUSD launches, all the juicy details we’ve revealed might come in handy!

🤠 Hawk Tuah girl’s memecoin went from hero to zero real Fast: crashed 91% in just three hours. Apparently, 96% of the supply was in the hands of insiders and snipers.

💰 A Sotheby’s vice president launched a new Solana memecoin and a trader turned it into a $1 million payday in just half an hour. After purchasing 462 million VOID tokens for 35 SOL, they cashed out 439 million tokens for 4604 SOL.

😰 Kraken conducted a survey on the emotions of American cryptocurrency holders. The standout statistic? 88% of respondents feel they missed out on big gains; no surprises, considering the rise of Bitcoin.

⛏ BIT Mining, which was once dedicated exclusively to Bitcoin, made a powerful move into Dogecoin and Litecoin. This expansion is generating almost three times the profits of limiting itself to only BTC.

🥂 Celebratory sip

Do you know what makes all the tears, sweat, and nightly doubts worth it?

So, with Bitcoin finally hitting $100,000, BitDegree is throwing a party you won’t want to miss. Say hello to our new Mission, “$100,000 Bitcoin Special: Watch the Story Unfold”.

And the icing on the cake? We are giving you a chance to win 100 USDC! 💸 Because what is a celebration without a spectacular gift?

🍌 Juicy memes