Facebook CEO, Mark Zuckerberg’s Cryptic Bitcoin Message Has the Market Excited

Facebook CEO, Mark Zuckerberg’s Cryptic Bitcoin Message Has the Market Excited
фото показано с : bitcoinexchangeguide.com

2021-5-11 16:13

Late last month, the rumor emerged that social media giant Facebook is holding Bitcoin on their balance sheet, which was then quashed by the earnings call where the company reported $26.17 billion revenue for the quarter, a 48% increase compared to last year but no mention of BTC.

Given that Facebook has been trying to move into the cryptocurrency space through its stablecoin project, Diem launched as Libra in 2019; this could have been expected. Not to mention other companies like Tesla and Square have done the same.

But no such thing happened, and Facebook not buying Bitcoin saw the crypto assets price recording a slight decline that day.

But Facebook, or at least its creator, seems to have decided to redeem itself now with co-founder and CEO Mark Zuckerburg’s latest post on Facebook simply reading “My Goats: Max and Bitcoin” with the picture of the said two goats.

Source: Facebook

This obviously got the crypto market started yet again and speculating that this could not be without reason.

“Honest question- if you’re worth $116bn, how much BTC do you have to own before you name your goat Bitcoin,” tweeted Travis Kling of Ikigai Fund.

Many others speculated the same with Arjun Balaji from crypto fund Paradigm, noting, “Refuse to believe that Zuck’s post doesn’t contain some strategic, coded message.”

Anthony Scaramucci, the founder of SkyBridge Capital, also chimed in with, “I knew Mark Zuckerberg would become a Bitcoiner when he hired David Marcus from PayPal to run Facebook’s crypto business. It’s been a long and winding road, but welcome to Bitcoin. Great job, Zuck and David. Excited for what comes next.”

The latest rumor doing the rounds is now that Zuckerburg has built up a $10 billion position in Bitcoin, which if true could propel another wave of inflows into the cryptocurrency and send its prices higher towards six-figure.

Since February, institutions have been accumulating BTC in the $48k and $60k range, with approximately 154k BTC has flown out from Coinbase into multiple cold wallets, as per CryptoQuant.

Bitcoin/USD BTCUSD 55,760.4232 -$1,522.26 -2.73% Volume 73.04 b Change -$1,522.26 Open$55,760.4232 Circulating 18.71 m Market Cap 1.04 t baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=BTC&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~BTC~USD"); The post Facebook CEO, Mark Zuckerberg’s Cryptic Bitcoin Message Has the Market Excited first appeared on BitcoinExchangeGuide.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 67608.19 (+0.03%)
Объем 24H $26.652b
Изменеия 24h: -1.11 %, 7d: -2.09 %
Cегодня L: $67343.07 - H: $67682.79
Капитализация $1332.233b Rank 1
Цена в час новости $ 55788.96 (21.19%)

bitcoin market zuckerberg mark excited ceo facebook

Источник: bitcoinexchangeguide.com

bitcoin market → Результатов: 126


Фото:

Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release

Quick Take Bitcoin remains the primary indicator of global liquidity, with its price movements often preceding those of other risk-on assets. This dynamic was evident in the recent market cycle, as Bitcoin hit an all-time high on March 13, coinciding with the biggest ETF inflow since launch on March 12, over $1 billion, and the […] The post Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release appeared first on CryptoSlate.

2024-5-15 17:25


Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level

Quick Take Analyzing average prices at which Bitcoin was withdrawn from major digital asset exchanges using Glassnode data offers valuable insights into the market’s cost basis. According to Glassnode data, the analysis indicates that Coinbase and Binance exhibited parallel movement from the start of 2021 to the conclusion of 2023, maintaining average withdrawal prices around […] The post Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level appeared first on CryptoSlate.

2024-4-30 11:32


Upward trends predicted for Polkadot & this Shiba Inu killer as $2T market cap boosts Bitcoin toward $69K target

Bitcoin, the pioneer of cryptocurrencies, continues its impressive rally as it edges closer to the $69,000 mark, driven by a surge in market capitalization that surpasses $2 trillion. This monumental achievement reflects the growing confidence and adoption of digital assets, propelling Bitcoin to new all-time highs.

2024-2-21 23:01


Crypto Carnage Continues as Bitcoin Plunges Under $40,000, But These Indicators Look Promising

Bitcoin briefly traded below $40,000 on Monday for the first time since early December, extending a selloff that has shaved 35% off the cryptocurrency’s value so far this year. According to market intelligence firm Santiment, discussion around Bitcoin and Ethereum has dropped 35% and 21% respectively compared to last week’s ETF approval frenzy.

2024-1-23 01:15


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account?

How can a good store of value (SoV) also be a good medium of exchange (MoE) and unit of account (UoA)? Seems too perfect, right? With Bitcoin expected to rise in value forever, wouldn't it be prohibitive to use Bitcoin for paying for things? This perspective comes from measuring Bitcoin's value in an inferior, depreciating […] The post Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account? first appeared on BitcoinExchangeGuide.