Fidelity Digital Assets research, led by analyst Zack Wainwright, indicates that Bitcoin is currently in an 'acceleration phase,' a period historically characterized by two major price surges. The first surge followed the U.S. election, and if another surge occurs, it is expected to start from a base near $110,000. In a separate development, Tether, a major stablecoin issuer, has purchased 8,888 Bitcoin for approximately $1.1 trillion, adding to its reserves during a market pullback. This move positions Tether as the sixth-largest Bitcoin holder globally, with a total of 92,647 BTC. Additionally, early Bitcoin investor Wang Chun, who started mining Bitcoin at $1, has become the first individual to travel to space as a Bitcoin enthusiast. Wang embarked on this journey aboard a SpaceX flight.