ChainFabricNews

image source: the economic times  As the year 2024 comes to an end, Bitcoin is making headlines once again, captivating both seasoned investors and newcomers to the cryptocurrency world. The flagship cryptocurrency recently broke past the $94,000 mark for the first time, an achievement that reflects the growing momentum in the digital asset space. Although market fluctuations have brought its price slightly down to $93,545 as of December 29, Bitcoin’s upward trajectory highlights its strong appeal as both an investment and a technological breakthrough. Why is Bitcoin Thriving? A key factor behind Bitcoin’s historic rise is the rapid pace of technological innovation. Developments like the integration of the Lightning Network into major platforms have transformed how Bitcoin can be used. With faster transactions and lower fees, Bitcoin is evolving from a store of value into a practical payment solution for everyday use. These advancements have bolstered its reputation as a forward-lo...

image source: geopolitical monitor The cryptocurrency world, known for its unpredictable price swings, has recently been influenced by unexpected geopolitical commentary. Russian President Vladimir Putin's remarks about Bitcoin have added a new layer of intrigue, suggesting that the digital currency could play a significant role in circumventing international sanctions. This development, coupled with Russia’s ongoing exploration of Bitcoin’s economic applications, has sparked widespread interest in the cryptocurrency’s potential as a global financial tool. Putin’s Perspective on Bitcoin At a recent economic forum, Putin highlighted Bitcoin’s decentralized nature as a key strength, positioning it as an alternative to traditional financial systems dominated by Western powers. “Digital currencies, particularly Bitcoin, offer a promising avenue to bypass unjust sanctions and facilitate global trade,” he said. These comments have fueled speculation about Russia’s strategic plans for Bit...

  Image Source: IndiaToday The cryptocurrency world, often characterized by price swings and regulatory hurdles, recently received a boost of optimism. U.S. President-elect Donald Trump’s pro-crypto stance has sparked interest, particularly with his appointment of Stephen Miran as Chair of the Council of Economic Advisers. This decision hints at a potential shift toward more supportive policies for the digital currency sector. A Strategic Appointment Stephen Miran’s inclusion in Trump’s economic team is a notable development. Known for his advocacy of blockchain technology and digital currencies, Miran’s appointment signals a possible alignment between federal policies and the rapidly growing cryptocurrency industry. As Chair of the Council of Economic Advisers, Miran’s role will involve shaping economic policies that could influence the future of digital assets. Miran’s background reflects a commitment to integrating cryptocurrencies into mainstream finance. He has highlighted blo...