Bitcoin (BTC) has recently surged past the $90,000 mark, reaching a new high above $93,000, sparking optimism among traders.
Since the recent US presidential election, gold has fallen by around 5%, while Bitcoin has risen by over 20%, indicating a marked change in the relationship between these two assets.
Cardano co-founder Charles Hoskinson recently shared that he had a discussion with Ripple’s CEO Brad Garlinghouse, offering praise for Garlinghouse’s leadership.
Copper.co’s latest research indicates that Bitcoin’s current market cycle could peak in around 200 days, potentially aligning with a forecasted U.S. recession by mid-2025.
After the 2021 crypto bull market, Bitcoin and the wider digital asset landscape saw increased mainstream acceptance.
Peter Schiff, a well-known critic of Bitcoin, has strongly opposed the idea of the United States creating a Bitcoin reserve, a proposal gaining traction with the potential re-election of former President Donald Trump.
Binance Labs, the investment branch of Binance, the leading cryptocurrency exchange, has made a key investment in Brevis, a platform focused on zk-coprocessors.
In a recent interview, cryptocurrency analyst Michaël van de Poppe shared his outlook on Bitcoin’s resurgence, hinting that the leading cryptocurrency could surge to $1 million per coin in the coming years.
Bitcoin’s political importance is expected to grow significantly after Donald Trump and the Republican Party secured key election victories, according to the New York Digital Investment Group (NYDIG).
Jason Calacanis, a well-known American angel investor, recently shared his thoughts on Bitcoin’s future, suggesting that while a total collapse to zero is still technically possible, the likelihood is now under 5%.