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Capital B executive Alexandre Laizet said in an interview that French debt accounts for approximately GDP of 120%, and viewed European debt and currency depreciation as reasons to hold Bitcoin. He also discussed the company’s continued Bitcoin accumulation and Europe’s regulatory and credit environment.
Citing analysis by Galaxy Research head Alex Thorn, BlockBeats said that weak additions to corporate Bitcoin reserves and slight net outflows from spot ETF may be October the main factors behind Bitcoin's weakness.
Tim Draper says companies should allocate Bitcoin as a hedge against cash and banking risks, and reiterates his 250000 USD target price associated with the next halving.