MicroStrategy upsizes its note sale to $2.6 billion to fund Bitcoin purchases, boosting confidence in BTC’s price reaching the $100,000 milestone.
Bitcoin Adoption news
Cyvers and Station70’s solution uses an AI-powered real-time threat detection system to protect institutional-grade crypto transfers, aiming to bolster mass adoption.
The analyst’s predictions come shortly after Bitcoin staged the best weekly return since the 2023 US banking crisis.
Television’s long-form format and widespread reach make it a superior medium for educating the masses about blockchain and Web3 technologies.
In comparison, Bitcoin’s second-best daily gain occurred in August 2021, when the price rose over $7,576 in 24 hours, from $38,871 to $46,448.
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.
Consumer-facing blockchain applications with intuitive user experiences could bring more mainstream cryptocurrency users.
CryptoQuant CEO Ki Young Ju tips Bitcoin to finish the year at $58,974 but another analyst disagrees, saying a major pullback is unlikely.
The two whales have acquired $142 million worth of Bitcoin since Trump’s victory in the US election was confirmed, showing growing investor demand for Bitcoin.
Google Cloud will contribute to Cronos’ decentralization and security, along with other notable validators like Crypto.com and Blockdaemon.