willsem65

@willsem65

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Thai food is my absolute favorite!

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The firm suggested that reduced spending on AI could help ease inflation, which could lead to more favorable monetary policy from the US Federal Reserve.

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In his first post since being sentenced to 25 years behind bars over the FTX collapse, Bankman-Fried said in a Feb. 25 post he had a lot of sympathy for government employees because he hadn’t checked his email in a few hundred days either.

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The chart, which has become somewhat of a Sunday ritual for the executive, was not posted last week as the company took a one-week break from buying.

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Strategy co-founder Michael Saylor posted the chart that has typically come ahead of the firm buying more Bitcoin.

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“If Bitcoin’s price isn’t moving despite institutions and retail buyers accumulating BTC, then someone must be selling,” Mow explained.

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The US spot Bitcoin exchange-traded funds (ETFs) and companies like Michael Saylor’s Strategy are transparently buying a “multiple of the Bitcoin mined every day,” Mow said.

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Despite Bitcoin’s temporary lack of upside, industry watchers remain optimistic about Bitcoin’s trajectory for 2025, with price predictions ranging from $160,000 to above $180,000.

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“The very tight range in which you’re trading just doesn’t look natural at all,” Mow added.

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“It seems like it’s some sort of price suppression,” said Mow during a panel discussion at Consensus Hong Kong 2025, adding:

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Bitcoin’s range-bound price action may be manufactured based on the trajectory of the past months, according to Samson Mow, CEO of Jan3 and founder of Pixelmatic.

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Bitcoin managed to briefly escape this range after US President Donald Trump’s inauguration on Jan. 20, when it briefly rose to a $109,000 all-time high before dropping back into its previous range.

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The executive order drew mixed reactions from the crypto community, with some arguing that President Trump had kept his promises to the crypto industry.

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On the same day as the announcement, the price of Bitcoin fell from a daily high of $106,848 to a low of $101,233.

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The order directed the group to research and develop a “national digital asset stockpile,” making no mention of Bitcoin.

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President Trump signed an executive order on Jan. 23, establishing the President‘s Working Group on Digital Asset Markets, which will be chaired by crypto and AI czar David Sacks.

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MicroStrategy continues to accumulate Bitcoin despite a pullback from the recent all-time high of $108,786 on Jan. 20, after President Donald Trump signaled the potential inclusion of other digital assets in the United States strategic reserve.

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According to SaylorTracker, MicroStrategy currently holds 461,000 BTC, valued at approximately $48.4 billion — surpassing the holdings of the United States government.

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The company’s most recent purchase of 11,000 BTC occurred on Jan. 21, at an average purchase price of $101,191 per coin.

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United Kingdom Prime Minister Keir Starmer announced similar plans to develop AI infrastructure in the country in January, including fast-tracking the development of data centers to remain competitive on the global stage.

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