Crypto to ‘Banana Singularity,’ Bybit halts India services, and more: Hodler’s Digest, Jan. 5 – 11
Real Vision co-founder and CEO Raoul Pal says crypto is heading for ‘Banana Singularity,’ Russia seizes $10M in Bitcoin, and more: Hodler’s
Real Vision co-founder and CEO Raoul Pal says crypto is heading for ‘Banana Singularity,’ Russia seizes $10M in Bitcoin, and more: Hodler’s
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Heritage Distilling has adopted Bitcoin for payments and treasury, becoming the first publicly traded distiller to integrate cryptocurrency into its business model.
While Bitcoin analyst Willy Woo advises caution over the coming months, other crypto analysts are optimistic that Bitcoin has a “high probability of reversal.”
“Due to its verifiable fixed supply, Bitcoin is the most inflation-resistant store of value available,” the proposal read.
The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say.
According to Satoshi Action Fund CEO Dennis Porter, the North Dakota BTC bill “already has 11 sponsors.”
Bitcoin whales, an increase in speculative appetite and other macroeconomic factors are playing a role in keeping BTC price above $90,000.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Flockerz presale anticipates more gains in its final two weeks after successfully raising $9 million. Table of ContentsFlockerz’s V2E modelFLOCK could land on a top exchangeHow to join the FLOCK presale The new…