Bitcoin Sinks Nearly 3% to $26.7K; Bulls Ponder How Low it Can Go
After failing again at $28,000 resistance over the weekend, bitcoin has retreated to its weakest level since late September.
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Bitcoin
Financial
The Protocol: Bitcoin Might Get Ethereum-Style Smart Contracts Under ‘BitVM’ Plan
ZeroSync’s Robin Linus has ignited excitement in the Bitcoin community by introducing the “BitVM” paper, proposing a straightforward method for incorporating smart contracts into the original blockchain, a feature predominantly associated with Ethereum and its numerous derivatives.
Financial
Bitcoin Might Get Ethereum-Style Smart Contracts Under ‘BitVM’ Plan
A goal of Robin Linus’s design for “BitVM” is to enable Turing-complete Bitcoin contracts – making the blockchain programmable, similar to a computer – without making the network more complicated for other users.
Financial
‘Mr. Bitcoin Is About to Go Down Big’: Jim Cramer Expects Lower Prices
Cramer in 2021 said he sold most of his bitcoin holdings.
Financial
Crypto Bank Xapo Snags European Broker License, Will Offer Stocks Like Apple
The Markets in Financial Instruments Directive (MiFID) license will soon allow the firm to offer S&P 500 stocks. In addition, Xapo, which has always been bitcoin-only, plans to add Ethereum’s ETH.
Financial
Bitcoin Is Fundamentally Different From Other Cryptocurrencies: Fidelity Digital Assets
The crypto’s first technological breakthrough was not as a superior payment method but as a superior form of money, the report said.
Financial
Bitcoin Cash Sees Biggest Liquidity Jump in Q3 Despite 23% Price Slide: Kaiko
Liquidity refers to market’s ability to absorb large orders at stable prices.
Financial
Bitcoin Hovers Above $27,000 as U.S. Stocks Advance
Meanwhile, bitcoin’s dominance continues to climb.
Financial
Billionaire Paul Tudor Jones Backs Bitcoin and Gold as Geopolitical Risks Rise
Jones said the U.S. in moving towards an “untenable fiscal position.”
Financial
Bitcoin Could Fall Due to Israel-Hamas Tensions, Traders Worry
Three traders had different opinions of where the market could be headed, but mostly seemed to agree on a short-term drop given the küresel uncertainties.