In the crypto space today, notable developments include MicroStrategy co-founder Michael Saylor indicating plans for another Bitcoin purchase. Recently, the company acquired 5,200 Bitcoin at an average price of approximately $106,000 per coin and called a shareholders meeting to consider increasing its share issuance to fund further acquisitions. Meanwhile, the memecoin market capitalization has seen a significant decline, dropping nearly 30% this December, equating to a loss of around $40 billion. As of now, the market cap for memecoins stands at $98.72 billion, reflecting a substantial decrease from a previous high of $137.06 billion. Furthermore, Blockware Solutions has projected Bitcoin price targets for 2025, suggesting it could reach between $150,000 to $400,000 depending on socioeconomic factors, including Donald Trump's potential establishment of a Strategic Bitcoin Reserve and Federal Reserve interest rate policies. A base case of $225,000 is set if favorable conditions prevail.

Source 🔗