JUST IN: π¨π³ China is considering allowing yuan-backed stablecoins.
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JUST IN: πΊπΈ US DOJ receives criminal investigation referral related to Fed Governor Lisa Cook.
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The 'Great Wealth Transfer' Could See More Than $200B Flow Into Bitcoin: Xapo Bank
What to know:
$10.6 trillion in U.S. assets is expected to shift from baby boomers to younger heirs by 2030, with trillions more in Europe and Asia, creating a historic opening for bitcoin adoption, the report said.
The bank analysts noted that $160β$225 billion could flow into bitcoin over the next 20 years, adding $20β$28 million in daily buying pressure.π’
What to know:
$10.6 trillion in U.S. assets is expected to shift from baby boomers to younger heirs by 2030, with trillions more in Europe and Asia, creating a historic opening for bitcoin adoption, the report said.
The bank analysts noted that $160β$225 billion could flow into bitcoin over the next 20 years, adding $20β$28 million in daily buying pressure.π’
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Bitcoin Hovers at $113K; Solana and Dogecoin Lead Gains Ahead of Powellβs Jackson Hole Speech
Bitcoin remained above $113,600 as traders awaited Powell's address for signals on potential rate cuts.
Solana's SOL and dogecoin led cryptocurrency gains, while other major coins saw modest increases.
Weak jobs data and tariff-driven inflation create uncertainty, with bitcoin's support levels under scrutinπ’
Bitcoin remained above $113,600 as traders awaited Powell's address for signals on potential rate cuts.
Solana's SOL and dogecoin led cryptocurrency gains, while other major coins saw modest increases.
Weak jobs data and tariff-driven inflation create uncertainty, with bitcoin's support levels under scrutinπ’
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