China

Bitcoin's next big test is breaking through $100,000: Asia Morning Briefing

Bitcoin is approaching a critical resistance level of $100,000, which analysts believe will be a significant test for the cryptocurrency. If Bitcoin can break through this psychological barrier, it may trigger a new wave of buying and potentially lead to further price increases. Market sentiment has been buoyed by recent developments, including increased institutional interest and favorable regulatory news. However, some experts caution that volatility remains a concern, and a failure to surpass this level could lead to a price correction. Overall, the upcoming weeks will be crucial in determining Bitcoin's trajectory.

Read the full article: CoinDesk

Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage

Florida Governor Ron DeSantis is pursuing a state stablecoin framework after the Florida Senate passed a bill aimed at regulating digital assets. The proposed legislation seeks to establish guidelines for the issuance and management of stablecoins within the state, promoting innovation while ensuring consumer protection. DeSantis emphasized the importance of

Why bitcoin couldn't hold $70,000 despite its best week of Wall Street news in months

Bitcoin experienced its best week in months, buoyed by positive news from Wall Street, yet it struggled to maintain the $70,000 mark. Factors contributing to this resistance include profit-taking by investors and ongoing regulatory uncertainties in the cryptocurrency market. Analysts suggest that while institutional interest is growing, it may

Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader's Death

Kalshi, a prediction market platform, is facing a lawsuit for allegedly refusing to pay out on a market related to the death of Iran's Supreme Leader, Ayatollah Ali Khamenei. The lawsuit claims that Kalshi's decision to withhold payouts violates its own terms and conditions, as the

Bitcoin could crash by another 30% as four-year cycle gains strength, investment firm says

An investment firm has warned that Bitcoin could experience a further decline of up to 30% as the cryptocurrency's four-year cycle gains momentum. Historical trends suggest that Bitcoin often undergoes significant price corrections following its halving events, which occur approximately every four years. Analysts believe that the current

Read more

Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage

Why bitcoin couldn't hold $70,000 despite its best week of Wall Street news in months

Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader's Death

Bitcoin could crash by another 30% as four-year cycle gains strength, investment firm says