Bitcoin traded close to $124,900 this week after feedback from Telegram founder Pavel Durov drew consideration again to its long-term potential. Speaking on the Lex Fridman Podcast, Durov mentioned he believes Bitcoin may ultimately attain $1 million per coin, citing its mounted provide and independence from authorities management as key benefits. His remarks come at…
Senator Cynthia Lummis mentioned acquisition of funds for a Strategic Bitcoin Reserve can “begin anytime,” however precise purchases should not occurring but. According to her submit on X, the authorized path seems open, whereas the steps wanted inside authorities are nonetheless shifting slowly. Reports have disclosed that bureaucratic work and lawmaking are what Lummis known…
Prominent Bitcoin developer Peter Todd alleged on Monday, October 6, that the US National Security Agency (NSA) is “trying to backdoor crypto once more” by way of the rollout of so-called quantum-secure algorithms—this time by pushing deployments that exclude tried-and-tested classical cryptography. “Tl;dr: the NSA is clearly trying to backdoor crypto once more with the…
Jeff Park, chief funding officer at ProCap BTC and an advisor to Bitwise, pushed again towards Paul Tudor Jones’ newest warning that markets “really feel precisely like 1999,” arguing that the macro regime of 2025 is structurally completely different from the dot-com period and, crucially, extra supportive of Bitcoin. Park’s commentary adopted Jones’ interview on…
The crypto market is up immediately, with the cryptocurrency market capitalization rising by 1%, now standing at $4.36 trillion. 1 / 4 of the highest 100 cash have appreciated over the previous 24 hours. At the identical time, the entire crypto buying and selling quantity is at $198 billion. TLDR: The crypto market capitalization is…
With the newest rally to a brand new all-time high above $125,700, the Bitcoin worth seems to be to have begun one other path that would result in a number of new all-time highs. At this time, market sentiment has moved again into the constructive, and this continues to indicate in the way in which…
On-chain information reveals the Bitcoin Spot Volume has witnessed a rebound alongside the most recent worth rally, indicating a return of buying and selling curiosity. Bitcoin Spot Volume Has Gone Up Recently In a brand new post on X, on-chain analytics agency Glassnode has talked in regards to the newest development within the Bitcoin Spot…
The European Union (EU) is reportedly planning to shift oversight energy of key monetary market areas, together with crypto, from nationwide authorities to a centralized supervisory authority to assist increase the bloc’s capital markets and harmonize regulation. EU Eyes Centralized Crypto Market Oversight On Monday, Verena Ross, chair of the European Securities and Markets Authority…
Bitcoin’s rising enchantment amongst youthful buyers in rising markets is positioning it as a most well-liked retailer of worth over gold, in response to Matthew Sigel, head of digital belongings analysis at VanEck. In an X post on Tuesday, Sigel mentioned surveys present youthful shoppers more and more favor Bitcoin for wealth preservation. He famous…
Bitcoin’s rising attraction amongst youthful traders in rising markets is positioning it as a most well-liked retailer of worth over gold, based on Matthew Sigel, head of digital belongings analysis at VanEck. In an X post on Tuesday, Sigel stated surveys present youthful shoppers more and more favor Bitcoin for wealth preservation. He famous that…