Bitcoin (BTC) has grown 3.6% in the last 24 hours, breaking above $100,000 for the first time since February 3rd. This surge rekindled bullish momentum across the market and pushed institutional interest back into the spotlight. From the influx of ETFs to the holdings of large corporations, traditional finances are now driving the narrative around Bitcoin’s next move. As BTC’s eyes turn anew, analysts are seeing the potential changes in key technology levels and control over Altcoins. Facilities lead when they are awake with the eyes of Bitcoin Bitcoin rallies over $100,000 have been widely discussed on the next market…
Author: ₿e Proud
Welcome to US Crypto News Morning Briefing. An essential summary of the most important developments in future cryptography. Get coffee when looking at Bitcoin (BTC) performance compared to the S&P 500, a benchmark for US stock market performance. Due to the growing influence of Tradfi, Bitcoin’s control as an asset class has increased compared to traditional stocks. Today’s Crypto News: BTC/S&P 500 Ratio Record Best in History Matthew Sigel, head of digital assets research at Vaneck, highlighted Bitcoin’s historic outperformance against the S&P 500. Specifically, the Bitcoin/S&P 500 ratio reached an all-time high of $17.725 on May 8th. “The highest…
Stakestone is partnering with Trump’s World Liberty Financial (WLFI) to provide cross-chain liquidity support for USD1 Stablecoin. USD1 users also benefit from the company’s sustainable yields. This partnership removes the need for bridges, packaging, or waiting periods when moving cross-chains for USD1 tokens. Stakestone did not specify which blockchains to support this support, but it has integrated over 20 blockchains. Stakestone is affiliated with WLFI World Liberty Financial, linked to Trump’s family, shocked the world when it launched the dollar-backed USD1 that has attracted a lot of controversy. Still, USD1 has proven to be a success, rapidly surpassing $2 billion…