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Cryptocurrency News Articles
Michael Saylor Declares the Era of Crypto Winters Is Officially Over
Jun 11, 2025 at 04:21 pm
Michael Saylor, Executive Chairman and Co-Founder of MicroStrategy, has declared that the era of crypto winters is officially over.
The era of crypto winters is officially over, asserts Michael Saylor, Executive Chairman and Co-Founder of (NASDAQ:MCRQ)MicroStrategy (NASDAQ:MCRQ)
. In a recent interview with ETC, Saylor boldly claimed that the possibility of winter returning is nearly zero.
"Winter is not coming back. If Bitcoin is not going to zero, it is going to $1 million," Saylor stated.
This prediction comes amid an interesting backdrop of support from the U.S. government, increasing interest from institutions, and strong inflows into the Bitcoin ETF (exchange-traded fund) market.
After Saylor’s remarks, several X users began tagging the company founder to make a new food-based cryptocurrency term. "Is it harvest time yet?" one user asked.
Another pointed out that the price action would leave traders in "food coma territory."
This follows a previous interview where Saylor said that the Bitcoin price would likely go "over $200,000" before a "sharp, technical pullback" to $100,000.
"We're going to get a nice, long rally in the fall and winter, and we'll be able to get to $200,000 or $300,000," he said at the time.
"And then we'll get a sharp, technical pullback, and we'll be able to get to $100,000 in the spring."
The Trump Administration Is Pivotal
During the interview, Saylor praised the pro-crypto stance of the Trump administration, which has followed through on campaign promises with key appointments like Steve Mnuchin and Mark Mellon.
"The Trump administration has been very helpful in terms of keeping the administration focused on crypto and blockchain issues," Saylor said.
"We're also seeing support from the U.S. government institutions, like the Treasury Department and the SEC, in terms of providing guidance and regulation for the crypto industry."
Saylor added that the administration has made "some interesting moves," including the creation of a Strategic Bitcoin Reserve.
"It's going to be interesting to see how that develops, especially with the new administration coming in," he said.
"But I think it's clear that the U.S. government is taking crypto seriously now."
At the same time, the interviewer pointed out that if institutions continue to absorb the 450 BTC mined daily, the price will surely rise.
"We're going to mine about 144 blocks a day, which is going to be 3.125 [BTC] reward per block post-April 2024 halving," explained the interviewer, adding that this would come out to about 450 BTC mined daily.
"And if we assume that the institutions are going to be buying up all of this new supply, then we're going to see the price go up."
As for interest from institutions, the interviewer noted that we've already seen a shift in political sentiment, especially in the U.S., with the administration showing support for crypto in order to "mobilize the economically productive members of society."
This has led to a surge in institutional interest, which is evident in the recent activity of Bitcoin Spot ETFs. On just one day, over $431.20 million flowed into the ETFs.
This month has already seen 4 positive ETF inflow days out of 7, in addition to strong inflows into the ETC Group’s Bitcoin futures ETF on the Euronext exchange.
However, this positivity starkly contrasts with the past month, where the ETF saw outflows for 14 days out of 15.
With this new administrative term, the interviewer highlighted that the U.S. is also forming a national Bitcoin reserve, an initiative already undertaken by Pakistan.
This comes as no surprise, given that the country's president, Haider Khan, is a strong supporter of the digital economy and has spoken out against those who reject it.
"He's really trying to push Pakistan to embrace the new technologies and become a leader in the 21st century," the interviewer said.
However, Samson Mow, JAN3 founder and a major figure in the industry, issued a stark warning. According to Mow, if the U.S. doesn't begin actively accumulating BTC quickly, Pakistan might outpace it.
"Good news travels slowly and bad news travels fast. Turns out the US has been making a "Strategic Bitcoin Reserve" since March 6, 2025, and it's currently zero BTC," Mow stated on X.
"The Trump administration also began an initiative to seize BTC from criminals and use it as a national asset. But they're moving too slow and Pakistan has already started their own national BTC reserve."
This initiative by the Trump administration to
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- 2025-W Uncirculated American Gold Eagle and Dr. Vera Rubin Quarter Mark New Products
- Jun 13, 2025 at 06:25 am
- The United States Mint released sales figures for its numismatic products through the week ending June 8, offering the first results for the new 2025-W $50 Uncirculated American Gold Eagle and the latest products featuring the Dr. Vera Rubin quarter.
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- H100 Group AB Raises 101 Million SEK (Approximately $10.6 Million) to Bolster Bitcoin Reserves
- Jun 13, 2025 at 06:25 am
- In a significant move reflecting the growing convergence of healthcare technology and digital finance, Swedish health-tech firm H100 Group AB has raised 101 million SEK (approximately $10.6 million) to bolster its Bitcoin reserves.
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