
Bitcoin Scaling Tokens Gain 25%+ As BTC Hits 25-Month High
Scaling solutions and smart contract platforms built on Bitcoin like Stacks, RSK and MAP Protocol saw double-digit token gains outpacing even Bitcoin’s rally to $56,700.
Scaling solutions and smart contract platforms built on Bitcoin like Stacks, RSK and MAP Protocol saw double-digit token gains outpacing even Bitcoin’s rally to $56,700.
Bitcoin has climbed above $55,000, extending its 2024 bull run amid positive developments like Trump softening his stance and MicroStrategy acquiring more BTC.
The price of Bitcoin abruptly shot up over $2,500 to exceed $53K for the first time since December 2021, sparking a rally for altcoins as Ethereum rose above $3,150 and Binance Coin neared $400.
Satoshi Nakamoto’s emails unveil the reasoning behind capping Bitcoin at 21 million tokens, addressing scalability, pricing alignment with traditional currencies, investment, energy consumption, and anonymity concerns.
The Supreme People’s Procuratorate of China is intensifying efforts to combat cybercrimes by targeting criminals using blockchain and metaverse projects, who are increasingly employing cryptocurrencies for money laundering.
The crypto market shows signs of stability and volatility as Bitcoin ranges above $51K and Ethereum approaches $3K resistance.
Reddit’s IPO filing reveals it holds Bitcoin, Ethereum, and Polygon. Its reasoning suggests Ethereum will avoid SEC designation as a security.
MicroStrategy CEO Michael Saylor stands firm on holding Bitcoin, touting its technical superiority over traditional assets and anticipating ongoing capital inflow.
Australian retail interest in Bitcoin grows with ETF approval, but uncertain economy hinders widespread adoption.
The CNBS in Honduras prohibits financial institutions from engaging in cryptocurrency activities due to regulatory concerns and risks, emphasizing the need for oversight in the sector.