This week has been crucial for Bitcon, many good things are happening, for now a lot of uncertainty is being generated whether or not it will reach $100k this month, in fact even the least bitconi believers have spoken out:
Peter Schiff calls for balanced coverage between Gold and Bitcoin Peter Schiff accuses CNBC of focusing too much on Bitcoin, neglecting significant gold market developments.
Gold prices reached a two-month-high, nearly surging 1.5% due to weak U.S. factory data and consumer sentiment.
The spot price of gold approached its record high in December 2023, indicating a potential for future growth.
Original Source:
https://www.cryptopolitan.com/peter-schiff-calls-for-balanced-coverage-between-gold-and-bitcoin/I have always really liked gold, but physical gold is something necessary that we should all have, both physical gold and Digital Gold (BTC).
I have always considered Peter a very intelligent character, the bad thing is that he does not like bitcoin and that bitcoin has a very great potential, between gold and bitcoin I think they should not be compared, they are assets, they are money, and every defender gold is very reluctant with bitcoin.
What I like most about this is that there are many who are buying Bitcoin and they are Stored in many Wallets as if to mislead and I Imagine they do this so that they do not Detail that bitcoin can go up a lot.
671,000 BTC Bought by Million Bitcoin Addresses at This Massive Demand Zone
This accumulation zone, according to Ali, highlights strong investor confidence and could serve as a crucial level of support for BTC, potentially cushioning against further drops. Moving forward, Bitcoin will face its next hurdle in the range between $63,282 and $67,413. This is where 48,440 BTC were bought by 193,230 Bitcoin addresses at an average price of $65,164, per IntoTheBlock.
Read more on U.Today
https://u.today/671000-btc-bought-by-million-bitcoin-addresses-at-this-massive-demand-zoneOriginal Source:
https://u.today/671000-btc-bought-by-million-bitcoin-addresses-at-this-massive-demand-zoneThis seems very interesting to me:
The bitcoin billionaire Winklevoss twins have to give $1.1 billion back to crypto customers
What’s cooler than giving away a million dollars? Giving away a billion dollars. The Winklevoss twins Cameron and Tyler, thrust into pop-culture fame after 2010's Facebook founding dramatization The Social Network, reached a settlement Wednesday (Feb. 28) with the New York State Department of Financial Services (NYFDS) to give back $1.1 billion to customers of their cryptocurrency exchange Gemini.
New York sued Gemini in October, alleging that the company had sloppily funneled user funds to Genesis Global Capital, a cryptocurrency lending firm that went belly-up last January, through a program called Gemini Earn. Gemini users were promised 8% “low-risk” returns if they lent their holdings to Genesis, and Genesis in turn lent the money elsewhere. It turns out that the returns were actually very high-risk: Genesis was a big client of the doomed cryptocurrency exchange FTX, which imploded massively in late 2022.
Original Source:
https://qz.com/winklevoss-twins-gemini-bitcoin-settlement-1851297179
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