Bitcoin, the pioneering cryptocurrency, has experienced significant price fluctuations since its inception. This analysis aims to forecast potential price peaks during the next bull run, considering historical trends and market cycles.
In a market rattled by recent Binance controversies, Bitcoin stands out with its unexpected robustness. Initially succumbing to a brief setback, it rebounded swiftly, showcasing remarkable tenacity at a support level of around $36,000. This indicates a burgeoning bullish trend, potentially paving the way for breaking the $38,000 resistance soon.
Leading cryptocurrency platform Binance has fully integrated the innovative Bitcoin Lightning Network, opening new pathways for faster and more economical Bitcoin (BTC) transactions.
In a surprising turn of events, the proposed Digital Asset Mining Energy (DAME) tax has been abolished. The tax, initially part of President Biden's 2024 fiscal year budget, was aimed at crypto miners, with a plan to charge them a premium for their energy consumption.
Bitcoin Core has released its latest version, 25.0, which is available for download from the official Bitcoin Core website. The new release features various enhancements, bug fixes, and performance improvements, along with updated translations.