3 reasons why Bitcoin price could hit $68K in September

DePIN and AI technologies have been hailed as game changers across various global industries, and DeFi executives are predicting that together, they’ll be this year’s “power duo.” 599 Total views 13 Total shares In 2023, decentralized physical infrastructure networks (DePINs) started gaining traction with major manufacturers worldwide to integrate physical world infrastructure with blockchain technology. DePINs

While you're undoubtedly "in it for the technology," the most popular and hotly-debated topic, particularly as far as public interest is concerned, remains the price of Bitcoin (BTC) and speculating on its value in the future. Currently, Bitcoin is in a bull market cycle, up over 200% year-to-date and outperforming everything else in 2020 with the…

Southern District of New York Judge Katherine Polk Failla has ruled that purchasing cryptocurrency with a Chase Bank credit card does not necessarily count as a cash advance, as per Chase’s contract.According to an opinion and order document dated August 1, Judge Failla has denied Chase’s motion to dismiss a number of the plaintiff’s complaints,…

Corporate treasury commentators are criticizing Tesla's $1.5 billion Bitcoin splurge, echoing the well-worn rhetoric of BTC’s volatility.Speaking to Financial Times, Jerry Klein, managing director at New York-based investment management firm Treasury Partners said that there was no use case for plowing corporate cash into Bitcoin.Another critic quoted by FT, Campbell Harvey of Duke University in…

Smart contracts on Ethereum will be able to directly interact with Polkadot. A new project building on Polkadot wants to create a comprehensive bridge with Ethereum that would eventually relay direct smart contract instructions.The bridge is being developed by Snowfork, a software development company. The initial implementation is fairly straightforward, only allowing Ether (ETH) and…

Bitcoin (BTC) hodlers hoping for a return to the bull run may not have long to wait as a popular indicator gives cause for optimism.As compiled by on-chain monitoring resource Glassnode, data from the Bitcoin spent output profit ratio (SOPR) suggests that the current BTC price correction is almost complete.BTC price correction should end "soon"SOPR…

The S&P Cryptocurrency Broad Digital Market Index is being launched alongside four other benchmarks that track cryptocurrencies based on market capitalization. 783 Total views 3 Total shares S&P Dow Jones Indices, the leading index provider of some of the world’s largest equity benchmarks, has launched a new cryptocurrency index that tracks the performance of the…

The Civil Aviation Administration and China Merchants Bank said passengers will be able to utilize the digital currency to access new services via this platform. As the pilot program for China's central bank digital currency (CBDC), the digital yuan, takes off, Chinese business travelers will reportedly be able to pay for flight tickets using the…