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28 Apr 2026, 16:36

Crypto investor Novogratz does not see Bitcoin crossing $100K in 2026

More on Bitcoin USD, Galaxy Digital Galaxy Digital Inc. (GLXY) Q1 2026 Earnings Call Transcript VanEck Mid-April 2026 Bitcoin ChainCheck Whale's Insight: If BTC's Top Was Pulled Forward, Why Not The Bottom? Galaxy targets Helios Phase I delivery of 133 megawatts by end of Q2 as it estimates $90M Q2-to-date adjusted EBITDA MARA Foundation launch hits stock as Bitcoin's $100K vote war begins

28 Apr 2026, 16:35

Polymarket seeks CFTC approval to reopen main exchange to U.S. traders

If approved, the move would help Polymarket compete with Kalshi in the U.S. and bring more event-trading activity under CFTC regulatory oversight.

28 Apr 2026, 16:32

Uniswap dips below $3.22 as daily volume hits $109M

🚨 Uniswap (UNI) slipped to $3.22 as daily trading volume hit $109M. Market mood in $UNI shows continued selling with high volatility. 🔎 Critical data: Forecasts see UNI reaching $5.71 by late 2026, but price swings are expected to persist. Continue Reading: Uniswap dips below $3.22 as daily volume hits $109M The post Uniswap dips below $3.22 as daily volume hits $109M appeared first on COINTURK NEWS .

28 Apr 2026, 16:30

Riot extends $200 million Coinbase credit facility, and bitcoin weakness could mean more sales

The miner locked in fixed borrowing costs and extended maturity, but a shrinking BTC treasury and loan-to-value triggers leave little room for error if prices slide.

28 Apr 2026, 16:30

MicroStrategy 1M BTC Goal Sparks Heated Criticism from Gold Advocate Frank Giustra

BitcoinWorld MicroStrategy 1M BTC Goal Sparks Heated Criticism from Gold Advocate Frank Giustra A prominent Canadian billionaire and long-time gold advocate has publicly challenged MicroStrategy’s ambitious plan to accumulate one million Bitcoin. Frank Giustra, a well-known investor and philanthropist, voiced his concerns on social media, questioning the rationale behind the company’s aggressive Bitcoin acquisition strategy. This criticism arrives as MicroStrategy, under Chairman Michael Saylor, continues its rapid purchasing pace. MicroStrategy 1M BTC Goal Under Fire MicroStrategy currently holds approximately 818,000 Bitcoin. At its current acquisition rate, the company is projected to reach the one million BTC milestone this August. This target represents about 5% of the total Bitcoin supply. Giustra, however, dismissed the symbolic significance of this goal. He specifically questioned what it truly means for one entity to control such a large portion of a digital asset. Giustra pointed directly to Saylor’s high price target of $49 million per Bitcoin. He described this projection as a tactic designed to stimulate human greed and fear of missing out (FOMO). According to Giustra, this strategy aims to maintain continuous buying pressure. He suggested that MicroStrategy’s entire approach relies solely on an overheated market. The Gold Advocate’s Perspective Frank Giustra has a long history of advocating for gold as a store of value. He founded the mining company that became Endeavour Mining. His criticism of Bitcoin is not new. He has previously warned about the risks of speculative digital assets. This latest comment, however, targets a specific corporate strategy. It highlights a fundamental disagreement between traditional asset investors and cryptocurrency proponents. Giustra’s argument centers on the sustainability of MicroStrategy’s strategy. He believes that relying on continuous price appreciation is risky. He also suggests that the $49 million target is unrealistic. This view contrasts sharply with Saylor’s bullish outlook on Bitcoin’s long-term potential. Michael Saylor’s Bitcoin Strategy Explained Michael Saylor has positioned MicroStrategy as a Bitcoin treasury company. The firm began purchasing Bitcoin in 2020 as a hedge against inflation. Since then, it has consistently added to its holdings. The strategy involves using cash flows and debt issuance to acquire more Bitcoin. Saylor believes Bitcoin is superior to gold as a store of value. He argues that its digital nature makes it more portable and divisible. The company’s approach has attracted both praise and criticism. Supporters see it as a bold bet on the future of finance. Critics view it as a dangerous gamble. The debate has intensified as MicroStrategy’s Bitcoin holdings have grown. The company’s stock price now closely correlates with Bitcoin’s price movements. Metric Value Current BTC Holdings ~818,000 BTC Projected 1M BTC Date August 2025 Percentage of Total Supply ~5% Saylor’s Price Target $49 million per BTC Market Reactions and Expert Analysis The criticism from Giustra has sparked discussions among market analysts. Some experts agree with his concerns about concentration risk. They note that a single entity holding 5% of Bitcoin’s supply could influence market dynamics. Others defend MicroStrategy’s strategy. They argue that institutional adoption is necessary for Bitcoin’s maturation. Financial analysts point to the potential risks of MicroStrategy’s debt-funded purchases. The company has issued convertible bonds to raise capital for Bitcoin acquisitions. If Bitcoin’s price drops significantly, this could strain the company’s finances. However, Saylor has consistently maintained that the strategy is long-term and resilient. Impact on the Cryptocurrency Market MicroStrategy’s actions have broader implications for the cryptocurrency market. The company’s large holdings provide a degree of price support. However, they also create a potential source of selling pressure if the strategy changes. Giustra’s criticism highlights the ongoing tension between traditional finance and the crypto world. Bitcoin’s price has shown resilience despite the criticism. The market continues to absorb new information. Investors are closely watching MicroStrategy’s next moves. The company’s ability to reach the 1M BTC goal will depend on market conditions and its access to capital. Broader Implications for Bitcoin Adoption The debate over MicroStrategy’s 1M BTC goal reflects larger questions about Bitcoin adoption. Institutional investors are increasingly entering the space. Their strategies vary widely. Some, like MicroStrategy, take a concentrated approach. Others prefer diversified portfolios. The outcome of this experiment could influence future corporate treasury strategies. Regulatory developments also play a role. Governments around the world are crafting policies for digital assets. Clear regulations could encourage more institutional participation. Conversely, restrictive policies could slow adoption. The debate between gold advocates and Bitcoin proponents is likely to continue as the market evolves. Conclusion Frank Giustra’s criticism of MicroStrategy’s 1M BTC goal underscores a fundamental divide in investment philosophy. While Saylor sees Bitcoin as the ultimate store of value, Giustra views it as a speculative asset dependent on market hype. The outcome of this debate will have significant implications for both companies and investors. As MicroStrategy approaches its target, the financial world will be watching closely. The MicroStrategy 1M BTC goal remains a focal point for discussions on Bitcoin’s role in corporate finance. FAQs Q1: Why did Frank Giustra criticize MicroStrategy’s 1M BTC goal? Frank Giustra criticized the goal because he believes it relies on an overheated market and unrealistic price targets. He questioned the sustainability of a strategy that depends on continuous price appreciation. Q2: How much Bitcoin does MicroStrategy currently hold? MicroStrategy currently holds approximately 818,000 Bitcoin. The company is on track to reach one million Bitcoin by August 2025. Q3: What is Michael Saylor’s price target for Bitcoin? Michael Saylor has set a price target of $49 million per Bitcoin. Critics, including Giustra, view this as an unrealistic projection used to stimulate FOMO. Q4: How does MicroStrategy finance its Bitcoin purchases? MicroStrategy uses a combination of cash flows from operations and debt issuance, including convertible bonds, to finance its Bitcoin acquisitions. Q5: What are the risks of MicroStrategy’s Bitcoin strategy? The main risks include concentration of supply, potential price volatility, and financial strain if Bitcoin’s price drops significantly. The strategy also relies on continuous market demand. This post MicroStrategy 1M BTC Goal Sparks Heated Criticism from Gold Advocate Frank Giustra first appeared on BitcoinWorld .

28 Apr 2026, 16:24

Ethereum drops 5 percent as critical support nears $2,200

📉 Ethereum lost 5 percent and approaches the $2,200 support. Price is currently stuck between $2,220 and $2,350 on moving averages. 📊 Critical data: over $1.9 billion in shorts could liquidate if $ETH jumps above $2,400. Continue Reading: Ethereum drops 5 percent as critical support nears $2,200 The post Ethereum drops 5 percent as critical support nears $2,200 appeared first on COINTURK NEWS .