Bitcoin surpassed $56,000 for the first time since November 2021, influencing the broader crypto market and stock market, with optimism for its future trajectory and notable shifts in political perspectives.
WeiliangBitcoin’s market capitalization exceeded US$1 trillion again after 2 years. A key bull market hurdle has been passed. On February 14, 14 years ago, Satoshi Nakamoto stated in an internal email that “in 20 years, Bitcoin will either have a very large transaction volume or no transaction volume.”
JinseFinanceGrayscale anticipates a transformative $30 trillion Bitcoin boom with the potential approval of a Spot Bitcoin ETF, reshaping the financial and digital currency landscape.
EdmundTrillions of dollars of assets could be tokenized by the end of the decade, according to Citi researchers.
TheBlockA valuable Cryptopunk nonfungible token is set to be fractionalized as more than 56,000 addresses sign up for a share of ownership.
CointelegraphAnalysis of Bitcoin’s proof-of-work and the Lightning Network exposes the banking system as energy-hungry, demonstrating that Bitcoin is better for the planet.
CointelegraphMany respondents from major banks said the technology would likely be unimportant for liquidity management practices until 2027.
CointelegraphBitcoin’s price broke out of a long-term range that had lasted for months, with a daily close above $50,000, prompting traders to extend their short-term price target to $56,000.
CointelegraphThe testing time for Bitcoin bulls continues, with a trillion-dollar market cap set to be the next support.
CointelegraphThe BTC price fell below $56,000 again, leading analysts to discuss various bull and bear scenarios for Bitcoin’s short-term price action.
Cointelegraph