Lightning Labs to enable stablecoins on Bitcoin ecosystem with Taproot Assets
Taproot Assets will “accelerate the process of bringing Bitcoin to those billions of people,” according to Lightning Labs.
Taproot Assets will “accelerate the process of bringing Bitcoin to those billions of people,” according to Lightning Labs.
Bitcoin briefly spiked to US$29,388 after the fake post, before tracing back the gains.
A spot Bitcoin ETF will allow BTC be easily tradeable without the headaches and pitfalls of self-custody. Its arrival — likely just around the corner — will mark the moment crypto goes mainstream.
Bitcoin was subdued by the mounting geopolitical concerns around Israel’s war with Hamas and the ongoing FTX lawsuit.
With the U.S. CPI holding steady and predictions favoring unchanged Fed rates, Bitcoin remains resilient.
Bitcoin fell 1.3% in the hour following the U.S. jobs report, fueling market concerns that borrowing costs will remain high over a longer period of time.
Bitcoin traded above US$26,300 Thursday morning in Asia after briefly breaching US$26,800. Ether also rose above US$1,600 before falling back.
Bitcoin dipped on Wednesday morning in Asia to trade range-bound below US$26,300. Ether edged higher but failed to reclaim the US$1,600 mark.
Binance’s BNB token gained the most after Binance Japan and Mitsubishi UFJ Trust and Banking Corporation jointly announced they are collaborating on the issuance of fiat-pegged stablecoins.
Bitcoin traded flat below US$26,300 Tuesday morning in Asia. Ether edged up but remained below the US$1,600 mark.