Bitcoin Soars Amid a Perfect Storm of Global Change

Why are investors feeling more optimistic than ever about Bitcoin? From sentiment indicators to market dynamics, here’s what’s sparking all the excitement. Historic highs and market dynamics  Bitcoin (BTC) is experiencing a remarkable resurgence after a prolonged period of volatility.  As of Nov. 12, BTC is trading near the $90,000 mark, currently around $87,000 levels. Earlier today, it reached a new all-time high of $89,900, reflecting a substantial 25% surge over the past week alone. Notably, this bullish trend has propelled the total crypto market cap past the $3 trillion…

A Vision For Ethereum Final Design

Este artículo también está disponible en español. In a significant development for the Ethereum (ETH) ecosystem, researchers propose redesigning the network’s consensus layer, aiming to enhance scalability, decentralization, and security.  During a presentation at DevCon in Bangkok on Tuesday, Justin Drake, an Ethereum Foundation researcher, introduced the concept of “Beam Chain,” a new consensus layer intended to replace the existing Beacon Chain. The Beam Chain Proposal Drake explained that the Beacon Chain, which has been operational for five years, has become somewhat outdated. “In those five years, so much has…

Analyst Warns Of 10% Bitcoin Price Drop Ahead Of CPI Data

Este artículo también está disponible en español. Recently, there have been significant fluctuations in the prices of Bitcoin; presently, they oscillate between $87,000-$87,500. This may not be eye candy to investors who are currently on the sidelines waiting for the coin to hit $90k, particularly the release of CPI data set today, November 13. This news is perceived by analysts to have a considerable influence on market sentiment and the expected direction of the alpha crypto asset. Related Reading The Barometer For Inflation Reflecting changes in the prices consumers pay…

Copper to Offer Custody Services For Tokenized Money Market Funds Such as BlackRock’s (BLK) BUIDL

Tokenized Treasuries are digital representations of U.S. government bonds and are at the forefront of the representation of real-world assets on blockchains, allowing them to be traded as tokens on networks such as Ethereum, Stellar, Solana and Mantle. Digital asset firms and TradFi heavyweights have been racing to put financial instruments such as government bonds, private credit and money market funds on blockchain rails, to achieve operational efficiencies and faster settlements. Source