Bitcoin

Bitcoin developer proposes BitVM to enable advanced smart contracts on Bitcoin through fraud-proof optimistic rollups, expanding capabilities without forcing changes.

OpenAI CEO Sam Altman has praised Bitcoin as a “super logical” advancement on the tech tree, highlighting its ability to operate without government control while effectively combating corruption during an interview with Joe Rogan on “The Joe Rogan Experience” podcast.

Although Bitcoin recently surged to over $28K, analysts warn its price could correct significantly by month’s end, potentially declining to the $19K-$20K range.

Bitcoin is struggling to break past the key $28K resistance, presenting a challenge for bulls after strong jobs data limited Fed policy relaxation.

Global investment bank Jefferies stated Bitcoin serves as a safeguard against currency devaluation and rising inflation in a new analyst note.

Bitcoin failed to break the $28.5K resistance due to economic headwinds from Fed policy, low futures premium indicating weak leverage demand, and fading confidence in spot BTC ETF approval.

El Salvador’s Volcano Energy renewable Bitcoin mining project begins operating its first local mining pool in partnership with Luxor Technology.

The largest DEX on Cosmos, Osmosis, will enable Bitcoin transfers to the network in collaboration with Nomic and Kujira. Users can bridge BTC to Cosmos as nBTC at a 1.5% fee.

A hacker has converted around $8 million in Ethereum from the FTX breach into Bitcoin using Thorchain.

Top altcoins like Solana are in the green today as Bitcoin shows signs of strength, possibly poised for its historically bullish October.