Gate News message, April 23 — Arthur Hayes believes Bitcoin will not see substantial gains until the Federal Reserve provides liquidity to fill holes in bank balance sheets. He contends that artificial intelligence is destroying knowledge worker incomes and causing consumer credit defaults, which will ultimately force the Fed to intervene and push Bitcoin higher. Hayes forecasts Bitcoin will reach $150,000 to $200,000 in summer 2026, $250,000 to $500,000 by year-end, and $1 million by 2028.
Meanwhile, MicroStrategy announced it has invested approximately $2.54 billion to acquire 34,164 additional Bitcoin at an average price of $74,395. As of April 19, 2026, the company holds 815,061 BTC with a total acquisition cost of approximately $61.56 billion and an average price of $75,527.
MicroStrategy CEO Michael Saylor stated that corporate and ETF accumulation will drive non-linear repricing of Bitcoin. He projected that if MicroStrategy holds 7.5% of total Bitcoin supply, the long-term target price would be $10 million per BTC.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Trader Killa Says Bitcoin Needs to Hold Above 111-Day SMA to Confirm Trend Reversal
Gate News message, April 23 — Renowned Bitcoin trader Killa (@KillaXBT) stated that Bitcoin must successfully recover and hold above the 111-day simple moving average (SMA) to confirm a trend reversal. Without this, Bitcoin faces strong pullback risks within the longer-term bearish framework on
GateNews13m ago
Cardano's Input Output Cuts 2026 Funding Request to $46.8M, Advancing Leios Upgrade and Bitcoin DeFi
Gate News message, April 23 — Cardano's core development company Input Output submitted nine funding proposals to the community treasury for 2026 totaling $46.8 million, a significant 52% reduction from last year's $97.5 million as the organization moves toward reduced reliance on community funding.
GateNews18m ago
Cardano Slashes 2026 Funding Request to $46.8M, Advances Leios Scaling and Bitcoin DeFi Protocol
Gate News message, April 23 — Cardano's core development company Input Output submitted nine funding proposals totaling $46.8 million to the community treasury for the 2026 fiscal year, representing a significant 52%
GateNews18m ago
Market maker GSR listed BESO ETF, tracks BTC, ETH, and SOL, and provides staking rewards
Institutional crypto market maker GSR launched its first crypto exchange-traded fund, the GSR Crypto Core3 ETF (ticker: BESO), on April 22. The fund tracks three assets: Bitcoin, Ethereum, and Solana, charges a management fee of 1%, and offers staking incentives. According to Nasdaq data, BESO’s trading volume on its first day was 185,574 shares, with a trading value of about $4.8 million.
MarketWhisper42m ago
Long-Term Bitcoin Holders Add 303,000 BTC in 30 Days as Short-Term Holders Reduce 290,000
Summary: Over the past 30 days, long-term Bitcoin holders increased their holdings by 303,000 BTC while short-term holders reduced their positions by 290,000 BTC, according to CryptoQuant data.
Abstract: The data indicate a shift from short-term to long-term holdings, suggesting accumulation by longer-term Bitcoin investors per CryptoQuant.
GateNews1h ago
