Bitcoin Poised to Surpass $30T Gold Market
Bitcoin’s market potential may exceed gold’s $38 trillion, with geopolitical tensions boosting its price; BTC hit $76,000 amid US-Iran conflict. Price target set at $90,000. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin’s market potential may exceed gold’s $38 trillion, with geopolitical tensions boosting its price; BTC hit $76,000 amid US-Iran conflict. Price target set at $90,000. #Update #Crypto $BTC
Elon Musk’s X launches Smart Cashtags for real-time financial data on stocks and crypto, supporting $BTC, $ETH, $XRP, $DOGE, and more. Available for iPhone users in the US and Canada. #Update #Crypto $BTC
Bitcoin ($BTC) hits a multi-month high of $76,000 amid US-Iran ceasefire, with open interest up 59% in seven weeks, reflecting increased trader optimism. #Update #Crypto $BTC
@WorldLibertyFi proposes 62.28B WLFI token vesting and 10% burn, affecting supply outlook; vote requires 1B quorum. Critics highlight governance issues. #Update #DeFi
Senator Elizabeth Warren criticizes @elonmusk’s X Money launch, citing risks to consumer protection and financial stability, and highlights potential stablecoin advantages under the GENIUS Act. #Update #Legal
US-listed spot Bitcoin ETFs saw $411.5M in inflows as @GoldmanSachs filed for a Bitcoin ETF, pushing total assets to $96.5B; Bitcoin briefly hit $75K. #Update #Crypto $BTC
Heleket launches a crypto payment processor with fees starting at 0.4%, offering global reach and chargeback protection for online businesses. #Update #Crypto
@BigCheds suggests Bitcoin ($BTC) may be forming a bullish head-and-shoulders pattern, potentially leading to a breakout above $76,000, currently trading at $74,527. #Update #Crypto $BTC (+5) ↗
@GoldmanSachs files for Bitcoin ETF to generate income via options, allocating 80% to Bitcoin exposure. This move highlights Wall Street’s growing interest in digital assets. #Update #Finance
Coinbase receives conditional approval for a U.S. national trust charter, moving closer to federal banking status, enhancing its institutional client services. #Update #Crypto @Coinbase
@GoldmanSachs has filed for SEC approval of the Goldman Sachs Bitcoin Premium Income ETF, aiming to provide income while limiting Bitcoin price exposure. The fund will invest 80% in Bitcoin-related instruments. #Update #Crypto $BTC
@JamesonLopp and co-authors propose freezing quantum-vulnerable $BTC, including Satoshi’s stash, under BIP-361 to protect against potential quantum attacks. Community backlash arises over philosophical implications. #Update #Crypto $BTC
Bitcoin’s developer community proposes BIP-361, potentially freezing coins in quantum-vulnerable addresses, challenging Bitcoin’s core principle of ownership. Community backlash grows against this defensive measure. #Update #Crypto $BTC
Tether launched Tether.Wallet, a self-custodial wallet supporting $USDT, Bitcoin, and XAUT across multiple networks, simplifying transactions with email-like identifiers. #Update #Crypto $USDT