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Tesla made crypto lovers more than excited after it announced that it would be holding Bitcoin on its balance sheet.
Elon Musk joined MicsroStrategy’s Michael Saylor in boosting the adoption and price of Bitcoin these days. Now, more important names are hopping in the crypto space.
Just the other day, we were revealing that Anthony Pompliano unveiled an important move that takes place in the crypto space and will definitely promote mass adoption of digital assets. Check out his tweet here.
Grayscale has entered into an agreement with @TIME on a new video series about crypto.
The catch?
TIME will be paid in bitcoin and has committed to keeping the bitcoin on their balance sheet.
As I continue to say, bitcoin is inevitable.
— Pomp 🌪 (@APompliano) April 12, 2021
Time boosts BTC adoption
The fact that Time publication announced that it would have BTC on its balance sheet will be boosting adoption.
Thrilled @Grayscale is partnering w/ @TIME on a new video series coming this summer explaining the #crypto space.
Equally as important, @KeithGrossman & @TIME has agreed to be paid in #Bitcoin – and will hold the $BTC on their balance sheet. A first for our media partnerships!
— Michael Sonnenshein (@Sonnenshein) April 12, 2021
Bitcoin price mind-blowing prediction: BTC to hit $1 million in 2021
There had been a lot of optimistic predictions about the price of Bitcoin and now a bold one is popping up in the crypto space, and it’s coming from Raoul Pal.
During an interview with Dr Julian Hosp, Pal said that from his perspective, Bitcoin’s current bull cycle looks a lot like the 2013 cycle, as reported by the online publication the Daily Hodl. He believes that the king coin can hit $1 million in 2021.
His predictions are based on previous BTC cycles, and he said that the “overbought” region where Bitcoin could hit a wall and correct is roughly at the $400,000 level.