Bitcoin

<figure> 
 <figcaption>
  Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
<p lang="en-GB" xml:lang="en-GB"><a href="https://u.today/bitcoin-commitment-fear-post-published-by-michael-saylor-community-abuzz">Michael Saylor</a>, Bitcoin evangelist and cofounder of the MicroStrategy business intelligence giant, has caught the attention of the global crypto community with his recent tweet about Bitcoin.</p>
<p lang="en-GB" xml:lang="en-GB">Saylor published it while the world’s flagship cryptocurrency staged a 2.7% decline, falling from above the $64,000 price level.</p>
<h2 id="michael-saylor-and-bitcoin-rules">Michael Saylor and "Bitcoin rules"</h2>
<p lang="en-GB" xml:lang="en-GB">Vocal Bitcoiner published a tweet in which he explained “Bitcoin rules” to the crypto community. According to his message, Bitcoin rules are about having no rules: “#Bitcoin is Rules Without Rulers,” Saylor tweeted in his typical manner of publishing short aphorism-like one-line tweets.</p>
<blockquote>
 <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> is Rules Without Rulers. <a href="https://t.co/So7JOTdtD1">pic.twitter.com/So7JOTdtD1</a></p>— Michael Saylor⚡️ (@saylor) <a href="https://twitter.com/saylor/status/1828046691548717126?ref_src=twsrc%5Etfw">August 26, 2024</a>
</blockquote> 
<p lang="en-GB" xml:lang="en-GB">The AI-generated image that comes with the tweet features a girl that looks like an android and is reminiscent of the main character from the iconic sci-fi movie “The Fifth Element,” made by Luc Besson in 1997. She has a logo of Bitcoin on her chest, as if Saylor hinted that BTC is the necessary “fifth element” that humanity needs right now.</p>
<p lang="en-GB" xml:lang="en-GB">As the cofounder and leader of MicroStrategy, the company that was the first to begin making regular BTC purchases, putting Bitcoin on its balance sheet, Saylor publishes daily Bitcoin-themed tweets with corresponding images to support the Bitcoin spirit on X within the crypto community.</p>
<h2 id="bitcoin-plunges-after-soaring-above-64-000">Bitcoin plunges after soaring above $64,000</h2>
<p lang="en-GB" xml:lang="en-GB">Over the last 24 hours, the largest cryptocurrency printed a substantial decline of almost 3%, plunging from the $64,500 zone to $62,720, and is currently changing hands at $62,860.</p>
<p lang="en-GB" xml:lang="en-GB">This decline took place after a massive 11.14% growth experienced by Bitcoin last week, when <a href="https://u.today/crazy-231778-profit-triggers-epic-whale-awakening">BTC surpassed</a> $64,000 for the first time in a while. BTC managed to continue trading in the $64,000 zone from Friday to Monday, and then the BTC price took a hit, pushed down by bears.</p>
<p lang="en-GB" xml:lang="en-GB">A renowned investor and author of the “Rich Dad Poor Dad” book on finance management Robert Kiyosaki predicted earlier this year that he expected Bitcoin to skyrocket as high as $350,000 by the middle of August. Kiyosaki made a disclaimer that it was not exactly a prediction but rather his wish and hope. Overall, such influencers as Kiyosaki, Max Keiser (El Salvador Bitcoin advisor) and Samson Mow (JAN3 CEO) expect Bitcoin to surge above the $100,000 level in the near future. Mow believes that BTC will reach the jaw-dropping $1 million price level.</p>

Michael Saylor Explains “Bitcoin Rules” in Recent Eye-Catching X Post

Table of Contents

U_Today

Other articles published on Aug 27, 2024

Binance Seeks U.S. Intervention as Tigran Gambaryan’s Detention Reaches 6 Months

Argentina’s Buenos Aires to Launch Ethereum Curriculum for High School Students

SOON closes funding round for Solana-based layer 2

This is everything you need to know about PayPal USD

What is Telegram Native DOGS Memecoin?

Bitplexus.com Trusted Global Expansion: Next Steps in the Crypto World

Join our free newsletter for daily crypto updates!