Bitcoin Hits Milestone: Bitcoin recently crossed the $100,000 mark, marking a significant psychological and market milestone. Analysts suggest that further bullish momentum might push it higher, with predictions eyeing $200,000 in the next year.
Ethereum's Bullish Outlook: Ethereum is also rallying, with some experts projecting it to target $6,200 amid a "secondary bull run." Factors like increased adoption of Layer 2 solutions and network upgrades are driving optimism.
Central Bank Digital Currencies (CBDCs): Societe Generale and Banque de France completed their first CBDC-based repo transaction, demonstrating growing institutional interest in blockchain technology for traditional finance.
Gate.io Security Update: Gate.io dismissed recent rumors of a hack, assuring users that their platform remains secure. This follows heightened concerns about security in decentralized finance (DeFi).
Regulatory Developments: In the U.S., the House Financial Services Committee has outlined a pro-crypto agenda under its new leadership. Meanwhile, countries like the Czech Republic are introducing favorable tax laws for long-term Bitcoin holdings, potentially boosting adoption.
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