Bitcoin Tower to Rise in Dubai in 2025

Dubai’s developer Salvatore Leggiero is trailblazing a novel approach to real estate, announcing his vision of the world’s inaugural Bitcoin Tower, set for a grand unveiling at the upcoming COP28 meeting. 🤯

Breaking away from the conventional, this unique venture is to manifest as a Bitcoin-themed hotel chain, blurring the lines between cutting-edge technology and hospitality. Committed to sustainability, the project harnesses blockchain and artificial intelligence, all while ensuring zero CO2 emissions.

An added twist in the tale, the hotel chain leaps into the NFT realm, rewarding its customers with distinctive utilities. For example, guests can stake cryptocurrencies and earn an APY, enabling a potentially profitable offset against their rental payments. 

The 40-story Bitcoin Tower, far more than a skyscraper, is an homage to Bitcoin and its enigmatic creator, Satoshi Nakamoto. Embodying a real estate revolution, it marries digital and physical assets in an unprecedented fashion.

The invitation to contribute is open to creatives worldwide, heralding a stride into the future. ⏩

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Seriously, SHIB People, Are You Ok?

Look at the 1-minute chart below from yesterday’s intraday price action on $SHIB. 🤯

It was one of the craziest swings of all the major market cap memecoins by far, just an insane move. And how did the Stocktwits SHIB stream react? Like you’d expect any high class degen to react: Unf*cking fazed.

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Bitcoin in March: A Data Dive into Historical Performances

Here are some interesting stats on how Bitcoin performed historically in March. 📚

Bitcoin closed March in the green four times versus eight times in the red.
In the green months, Bitcoin showed off with an average percentage gain of +48.91%.
On the downside, the average percentage loss during the red months was -15.62%.

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Bitcoin Allocations Matched With Gold?

Will Bitcoin ever match the gold in investors’ portfolios? 🏅

JP Morgan ($JPM) thinks that for Bitcoin to rub shoulders and match the allocation of gold in investor portfolios, its market cap would need to skyrocket to $3.3 trillion.

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Community Charts – March 6, 2024

GetRichSlow shows off a beautiful logarithmic $BTC chart, hinting at $200k in Q1 2025. 

His Fibonacci expansions highlight a series of projected price levels along with vertical blue bars highlighting when the RSI crosses 70. 

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