Bitcoin Worth Half of Gold by 2028 Halving: Analyst

Bitcoin Worth Half of Gold by 2028 Halving: Analyst

Bitcoin could be worth half as much as gold by its next halving, slated for 2028, and the recent rise in gold prices would price the cryptocurrency at $644,000 in “equivalent value,” analysts say. “We’ve been saying Bitcoin should reach half of gold’s market cap after the next halving,” Matthew Sigel, head of digital asset…

India to Introduce RBI-Backed Digital Currency For Faster Transactions: Report

India to Introduce RBI-Backed Digital Currency For Faster Transactions: Report

India will soon launch its own digital currency backed by the Reserve Bank of India (RBI) for seamless transactions, Union Minister of Commerce and Industry Piyush Goyal said during a roundtable in Doha, Qatar. “India has also announced that we’ll be coming out with a digital currency which will be backed by the Reserve Bank…

Warren Buffett makes a play to acquire OxyChem

Warren Buffett makes a play to acquire OxyChem

Warren Buffett is making a play for Berkshire Hathaway’s biggest deal since 2022. As previously reported by Cryptopolitan, the company has agreed a deal with Occidental Petroleum to purchase its chemical unit OxyChem for around $9.7 billion in cash. This would be the latest high‑stakes transaction carried out by Warren Buffett as he moves closer…

USDT Gives Venezuela A Lifeline In Tackling Hyperinflation

USDT Gives Venezuela A Lifeline In Tackling Hyperinflation

USDT stablecoin adoption rose significantly in Venezuela due to persistent hyperinflation. Over half of transactions under $10,000 in the country were settled in Tether’s flagship digital asset. Venezuela is experiencing an unprecedented adoption of stablecoins as it grapples with hyperinflation. Tether’s USDT emerges as the big winner in the country’s shifting monetary landscape and rocky…

Rally Fueled by 'Perfect Storm,' ETH, DOGE, BNB Surge

Rally Fueled by ‘Perfect Storm,’ ETH, DOGE, BNB Surge

“Uptober,” the wordplay on crypto’s historically bullish month of October, is so far living up to its name as bitcoin BTC$124,755.82 pushed towards new all-time highs and altcoins also caught a bid. After briefly spiking above $125,000 and retreating on Sunday, BTC followed through on Monday, surging to a fresh record of $126,223 during the…

Crypto market cap hits $4.35 trillion amid BTC all-time high

Crypto market cap hits $4.35 trillion amid BTC all-time high

The total crypto market capitalization hit $4.35 trillion on October 5, thanks to Bitcoin’s massive rally to reach $125,000. The new figure represents a new all-time high and returns the crypto market to bullish territory. The new all-time high of the crypto market cap surpassed the last one at $4 trillion that I set in…