Bitcoin and Altcoin Prices (as of May 12, 2024)
Bitcoin (BTC): $60,956.01 (+0.37%)
Ethereum (ETH): $2,924.14 (+0.50%)
Binance Coin (BNB): $591.29 (+1.27%)
Solana (SOL): $146.41 (+1.95%)
XRP: $0.5075 (+0.93%)
Dogecoin (DOGE): $0.1438 (-0.39%)
Cardano (ADA): $0.4408 (-1.17%)
Shiba Inu (SHIB): $0.00002261 (+0.21%)
Avalanche (AVAX): $33.62 (+0.70%)
Tron (TRX): $0.1272 (+0.17%)
Wrapped Bitcoin (WBTC): $61,092.70 (+0.36%)
Bitcoin’s Historical Parallels
Analysts have noticed intriguing parallels between Bitcoin’s current trajectory and its post-2016 halving movement. This period could last between one to six months, with sentiment being most negative right before a potential turnaround
Market Structure Legislation in the U.S.
The U.S. House is considering a bill known as FIT21, which aims to govern crypto markets. The bill’s fate remains uncertain
Celo Community’s Optimism Adoption:
The Celo community has ratified a plan to use Optimism’s OP Stack for a new Layer-2 chain
Jack Dorsey’s Bold Prediction
Former Twitter CEO Jack Dorsey believes that Bitcoin’s price will surpass $1 million by 2030
