Bitcoin Adoption Explodes: Time Magazine To Hold BTC On Balance Sheet

Tesla made crypto lovers more than excited after it announced that it would be holding Bitcoin on its balance sheet.

Elon Musk joined MicsroStrategy’s Michael Saylor in boosting the adoption and price of Bitcoin these days. Now, more important names are hopping in the crypto space.

Just the other day, we were revealing that Anthony Pompliano unveiled an important move that takes place in the crypto space and will definitely promote mass adoption of digital assets. Check out his tweet here.

Time boosts BTC adoption

The fact that Time publication announced that it would have BTC on its balance sheet will be boosting adoption.

Bitcoin price mind-blowing prediction: BTC to hit $1 million in 2021

There had been a lot of optimistic predictions about the price of Bitcoin and now a bold one is popping up in the crypto space, and it’s coming from Raoul Pal.

During an interview with Dr Julian Hosp, Pal said that from his perspective, Bitcoin’s current bull cycle looks a lot like the 2013 cycle, as reported by the online publication the Daily Hodl. He believes that the king coin can hit $1 million in 2021.

His predictions are based on previous BTC cycles, and he said that the “overbought” region where Bitcoin could hit a wall and correct is roughly at the $400,000 level.

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