Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin likely bottomed at $60,000; next bull run driven by digital credit, says Michael Saylor

Market News
08 Apr 2026
Blockonomi
View Source
Bullish
pluang ai news

Michael Saylor, executive chairman of Strategy, believes Bitcoin reached its price bottom at $60,000 in early February, driven by seller exhaustion rather than valuation. He notes limited selling pressure due to ETF inflows and corporate treasury reallocations into Bitcoin, supporting price stability. Saylor predicts the next Bitcoin bull market will be fueled by the development of digital credit systems on top of Bitcoin, expanding its role beyond a store of value to a capital market engine. He also downplays quantum computing risks to Bitcoin, calling them theoretical and manageable in the long term.

More News

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

Market News
Bullish
2 hours ago
Borralha Project drilling confirms high-grade tungsten zones, advancing development and exploration in Portugal.

Borralha Project drilling confirms high-grade tungsten zones, advancing development and exploration in Portugal.

Allied Critical Metals announced positive assay results from its 2026 drilling campaign at the Santa Helena Breccia, part of the Borralha Tungsten Project in Portugal. The first drill hole confirmed broad zones of high-grade tungsten mineralization, ...

Market News
Bullish
4 hours ago
XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...

Technical Signals
Bullish
4 hours ago
Revolut gets preliminary UAE crypto license, expands services while removing USDT in Europe by August

Revolut gets preliminary UAE crypto license, expands services while removing USDT in Europe by August

Revolut has received preliminary approval from Dubai's Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, including broker-dealer, asset management, and exchange functions. This approval allows UAE customers to trade and...

Market News
Bullish
4 hours ago
Rotork agrees to £4.1bn takeover by Swiss firm ABB, offering 73% premium to shareholders.

Rotork agrees to £4.1bn takeover by Swiss firm ABB, offering 73% premium to shareholders.

Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App