$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’

Analysts forecast a Bitcoin run to $265,000, but it could take longer than investors expect.

On Oct. 1, the cryptocurrency market experienced a 9.5% pump that drove Bitcoin (BTC) and Ether (ETH) to their highest levels in 12 days. A variety of reasons have been attributed to the price move, including the U.S. consumer price index, exchanges' diminishing supply, and a "cup and handle" bullish continuation chart formation.Traders are not…

According to Ripple Head of Global Banking Marjan Delatinne, the company’s On-Demand Liquidity may soon be available in Brazil. 1729 Total views 42 Total shares Brazil could be the next area for crypto firm Ripple to reach with a cross-border payments corridor, which could lead to its use in other Latin American nations.In an interview…

On June 26, $675 million worth of Bitcoin options expired, while industry experts remain divided on its potential effect on price volatility. Some believe the record expiration date will cause Bitcoin (BTC) to see a large price movement.With less than 24 hours until the highly anticipated expiration, Bitcoin’s price dropped by 7% on a single…

The Securities and Exchange Commission of Thailand is preparing to take radical measures in the aftermath of the summer’s crypto lending platforms’ crashes. 698 Total views 43 Total shares The Securities and Exchange Commission (SEC) of Thailand is preparing to take radical measures in the aftermath of crypto lending platforms’ crashes experienced in Summer 2022.…

Potential headwinds are gathering for risk assets as Bitcoin puts FOMC volatility behind it. 624 Total views 35 Total shares Bitcoin (BTC) lingered lower on Nov. 3 as the aftermath of the Federal Reserve interest rate hike subsided.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrading range forms with $20,000 at centerData from Cointelegraph Markets Pro and…

With the addition of the 100 coins today, El Salvador holds 1,220 BTC, worth roughly $66.3 million following the crypto asset's drop to the $54,000s. 1167 Total views 25 Total shares Salvadoran President Nayib Bukele bought the dip again, investing more than $5 million into Bitcoin as the price dropped under $54,000 Friday.In a Friday…

During the frenzied bull run, transaction fees were running rampant. Over on the Ethereum blockchain, they hit eye-watering highs of $196.638 back in May — rendering the network unusable for most everyday consumers.The Bitcoin blockchain suffered from a similar issue the year before, accelerating to a record-breaking $300.331. When demand is high, it's easy for…

After outperforming Bitcoin (BTC) and Ether (ETH) strongly in August, Decentralized Finance (DeFi) tokens are now plummeting as many registered losses of up to 50%. Cryptocurrency daily market performance snapshot. Source: Coin360At the moment, the two coins garnering the most attention are Yearn.finance (YFI) and Uniswap (UNI) as both have dropped by 46% and 48% since…