Global #Bitcoin

In a significant move towards improving transaction privacy, Coinbase has announced that users can now send Bitcoin to Taproot addresses.

Peter Schiff, a renowned economist and vocal Bitcoin critic, has made a surprising statement. In a recent tweet, Schiff humorously proposed that Michael Saylor, the CEO of MicroStrategy and a prominent Bitcoin advocate, should purchase the 69,370 Bitcoin that the U.S. government is preparing to sell.

The global cryptocurrency market experienced a slight downturn today, with a total market capitalization decreasing by 0.28% to $2.17 trillion. In conjunction with this dip, 24-hour trading volumes fell significantly, down 11.09% to $69.42 billion.

Bitlayer Labs, the innovative team behind the Bitcoin Layer 2 network, has successfully completed an extended funding round led by Polychain Capital.

The HBO documentary Money Electric: The Bitcoin Mystery has stirred the cryptocurrency world by proposing that Peter Todd, a prominent cryptographer and influential Bitcoin developer, is the enigmatic creator of Bitcoin, known as Satoshi Nakamoto.

As of October 9, 2024, Bitcoin (BTC) has experienced a notable correction, testing the $61,850 zone after struggling to maintain momentum above the $65,000 mark.