Bitcoin Outperforms As Altcoins Struggle – Key Metrics Describe A Strong Divergence

Bitcoin has experienced a quiet weekend, following the massive volatility seen last week. The price has remained indecisive, closing around the $96,500 mark for five consecutive days. Bulls have lost…

Continue ReadingBitcoin Outperforms As Altcoins Struggle – Key Metrics Describe A Strong Divergence

StanChart predicts new highs for Bitcoin in February as US treasury yields stabilize

Bitcoin (BTC) is likely to move higher as US Treasury yields remain below 4.50%, creating a favorable macroeconomic backdrop for digital assets, according to Standard Chartered head of digital assets…

Continue ReadingStanChart predicts new highs for Bitcoin in February as US treasury yields stabilize

Bank of England gov warns digital pound must not undermine commercial banks

Bank of England Governor Andrew Bailey expressed skepticism about the role of central bank digital currencies (CBDCs) in financial stability, emphasizing that central banks must maintain control over monetary transmission…

Continue ReadingBank of England gov warns digital pound must not undermine commercial banks

Japanese gaming publisher Gumi announces plans to buy $6 million worth of Bitcoin for treasury

Japanese gaming and blockchain company Gumi has announced a 1 billion yen ($6.5 million) investment in Bitcoin (BTC) in a Feb. 10 letter to the market. The investment will occur from…

Continue ReadingJapanese gaming publisher Gumi announces plans to buy $6 million worth of Bitcoin for treasury