Analysts Discuss Bitcoin After Recent Drop

Bitcoin fell alongside global stocks today following a stronger-than-expected U.S. inflation report and a surge in weekly jobless claims. The decline highlights Bitcoin’s increasing sensitivity to economic indicators and central bank policies. Leena ElDeeb, a research analyst at 21Shares, noted that Bitcoin has become increasingly reactive to inflation data and monetary policy decisions over the […]

German MP Joana Cotar Champions Bitcoin as a National Asset for Economic Freedom

German MP Joana Cotar believes a strategic Bitcoin approach could combat inflation and empower citizens financially. Cotar advocates for using Bitcoin as a national reserve, highlighting its role in enhancing economic sovereignty. Despite selling Bitcoin, Cotar warns against rushing to liquidate assets, emphasizing the need for thoughtful regulations. German parliament member Joana Cotar has made […]

Here’s how much you’d have if you bought $1,000 of Bitcoin when JPMorgan called BTC ‘worthless’

Here’s how much you’d have if you bought $1,000 of Bitcoin when JPMorgan called BTC ‘worthless’ Andreja Stojanovic Cryptocurrency Oct 10, 2024 Share Bitcoin (BTC) has had a turbulent relationship with major financial institutions over the years, with many dismissing the cryptocurrency altogether for years. One of the most dramatic comments made by the finance […]

Bitcoin Staking: Solv Protocol Leads With $470M TVL

Bitcoin staking is gaining greattraction, with Solv Protocol emerging as the frontrunner. According to recent data from DefiLlama, Solv has amassed an impressive $470 million in Total Value Locked (TVL) on the Bitcoin mainnet. Solv Protocol has dethroned the well-established Lightning Network, which stands at $310 million. According to DefiLlama, Bitcoin staking protocol Solv has […]

Ripple launches crypto custody storage for banks

Ripple launches crypto custody storage for banks Mijuško Šibalić Cryptocurrency Oct 10, 2024 Share On October 10, Ripple announced the launch of new features for Ripple Custody, its digital asset storage service geared toward banks and fintech companies.  Aaron Sletterhaugh, Senior Vice President at Ripple, stated that features such as anti-money laundering (AML) monitoring, pre-configured […]

Market strategist ‘perplexed’ Bitcoin not trading at ATH, sets when BTC party will begin

As Bitcoin struggles to maintain its valuation above $60,000, a market strategist has expressed his surprise regarding the asset’s inability to trade at a record high despite operating in a favorable environment. According to the expert, Bitcoin’s price should be above $73,000, citing the current macroeconomic environment dominated by the recent Federal Reserve interest rate […]

Market strategist ‘perplexed’ Bitcoin not trading at ATH, sets when BTC party will begin

Market strategist ‘perplexed’ Bitcoin not trading at ATH, sets when BTC party will begin Paul L. Cryptocurrency Oct 10, 2024 Share As Bitcoin struggles to maintain its valuation above $60,000, a market strategist has expressed his surprise regarding the asset’s inability to trade at a record high despite operating in a favorable environment. According to […]