Bitcoin’s average acquisition cost hit $40.9K record high in 2024
Some of the industry’s leading innovators, including Adam Back, say that Bitcoin’s “floor price” is above $40,000.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Some of the industry’s leading innovators, including Adam Back, say that Bitcoin’s “floor price” is above $40,000.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Strategy spent record cash on STRC buybacks at its worst price yet
Michael Saylor’s BTC company Strategy told investors that its STRC share buybacks would “taper” as STRC neared $100 per share. How...
Market sees 3% chance of Bitcoin hitting record high this year
The low probability of Bitcoin reaching a new high this year reflects cautious market sentiment and highlights challenges in achie...
Mark Zuckerberg Meta AI Predicts an Insane Run for BTC in Q4
Something potentially seismic could be approaching for Bitcoin by January 1, 2027. Mark Zuckerberg’s Meta AI predicts that if a fu...
Tesla’s $TSLA Stock Token Lands on Solana Across 10+ Apps via Backpack Securities
Key Takeaways: Tesla’s $TSLA tokenized stock has debuted on the Solana network via Sunrise, while the issuer is listed as Backpack...
BitGo-Held Bitcoin and Ether Will Secure Perps Margin Loans for Some Kalshi Prime Clients
Kalshi Prime clients will be able to take out loans against Bitcoin, Ether and stablecoins held at BitGo and put the cash toward m...
Solana records $5 trillion in stablecoin volume in 2026
Solana's stablecoin volume surge highlights its growing influence in digital finance, potentially reshaping global payment systems...