Don’t worry—you’re not stuck in a time loop. It’s not Groundhog Day (again). It’s just that Bitcoin hasn’t given us a moment’s rest all week, smashing new ATHs daily.
It might feel like science fiction, but Bitcoin is approaching six figures, nearing the $100,000 mark, a truly historic milestone.
While Bitcoin is currently the center of the crypto universe, other significant things are happening that you shouldn’t miss.
If you want to stay informed about everything going on right now, you’re in the right place.
But first, since we want you to have all the tools possible, don’t forget we have a super guide to help you navigate volatility so you can make the most of this incredible moment.
Now, let’s dive in 👇
Bitcoin Hits New ATH
Another week, and Bitcoin has once again proven why it’s the king of cryptocurrencies, reaching a new all-time high above $99,000.
This price pushes us closer to the historic $100,000 mark, fueled by the unstoppable interest of institutions.
Specifically, this week BlackRock launched options trading* for its Bitcoin ETF, generating $2 billion in sales on the first day.
Meanwhile, Michael Saylor has offered to present to Microsoft’s Board of Directors the potential of Bitcoin as a strategic reserve for the company, claiming it would take him just three minutes to demonstrate Bitcoin’s true power 😏
*Bitcoin ETF options are a financial product that grants the right, but not the obligation, to buy or sell an ETF share at a specific price on or before a certain date.
Beam Chain: Ethereum’s Next Evolution
Ethereum is about to make a quantum leap with Beam Chain, or what some are calling Ethereum 3.0.
This new development promises to enhance the network’s efficiency, scalability, and security, addressing current issues that limit its potential.
Beam Chain not only refines Ethereum’s consensus layer but also paves the way for greater adoption and use of decentralized applications.
With improved scalability, Ethereum could finally become the financial applications revolution it has always promised, opening up a new horizon.
Why Is Stellar’s Price Rising?
Stellar (XLM) has been making waves lately, with a 94% increase in the last week.
This cryptocurrency, designed to enable fast and cost-effective cross-border transactions, has gained traction due to its efficiency and growing adoption by businesses and developers in the financial sector, such as Franklin Templeton.
Stellar not only competes in the payments space but is also positioning itself as a viable alternative for international transactions.
