Bitcoin price is now just 17% away from surpassing the $100,000 mark, which could occur before the end of 2024 due to Trump’s presidential victory, analysts told Cointelegraph.
Adoption news
AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges.
Consumer-facing blockchain applications with intuitive user experiences could bring more mainstream cryptocurrency users.
Increasingly more analysts expect Bitcoin to breach the $100,000 mark before the end of 2024 as investor appetite was bolstered by Trump’s presidential victory.
The latest weekly crypto inflows of nearly $2 billion mark the fifth consecutive weekly inflows totaling $7.7 billion, or 24% of the total $31.3 billion inflows year-to-date.
The RWA sector could see an over 50-fold increase by 2030, potentially reaching over $30 trillion, according to the world’s largest consulting firms.
With Bitcoin’s all-time high of $81,000, its market cap has surpassed $1.6 trillion, fueling crypto’s ongoing bull market.
After leaving crypto liquidity firm GSR in 2023, former Millennium and Pimco executives are coming back to crypto by launching a dedicated advisory firm.
The feature is limited to game-issued assets, but Immutable plans to expand it to IMX, USDC and ETH.
The new Ethereum layer 2, Namechain, will make it easier to register names, update records and manage decentralized websites.