Latest

Dogecoin Founder Issues Notable Bitcoin (BTC) Statement

Dogecoin founder, Billy Markus, has made a notable statement regarding Bitcoin (BTC), the world’s flagship digital currency. Markus took to Twitter to discuss the possibility of future millionaires and passive income from Bitcoin. In an ironic post, he jokingly stated that to make passive income, one would need to acquire $24 million and put it into a high-yield savings account. When asked how to earn such a large amount, Markus sarcastically suggested buying a ton of bitcoin in 2011. Bitcoin, which started trading at less than $1 in 2011, has recently reached a peak of $69,000 before experiencing a slight dip. As of now, on January 2, 2024, the Bitcoin price has recovered and is currently trading at $45,647 after a small decline. The anticipation of the approval of spot Bitcoin ETFs has also contributed to the recent surge in the Bitcoin price. The expected approval of these ETFs is predicted to result in a significant inflow of capital into the cryptocurrency market.