News

🇮🇳 RBI Governor Backs India’s CBDC To Counter Crypto Risks

RBI Governor Shaktikanta Das backs India's Digital Rupee CBDC to counter crypto risks, promoting stable and efficient cross-border payments and financial inclusion.

Reserve Bank of India (RBI) Governor Shaktikanta Das has once again reiterated his positive stance on Central Bank Digital Currency (CBDC), highlighting the potential efficacy of India’s Digital Rupee. In addition, he lauded the development and said that it could be used to avoid potential uncertainties related to cryptocurrency, echoing his previous stance on digital assets.

🚀 Can MicroStrategy (MSTR) Stock Price Rally Send Bitcoin To A New ATH?

The MSTR stock price surged over 16% on Friday taking its valuation to $43 billion with traders predicting MicroStrategy rally to trigger Bitcoin price surge to $100K.

MicroStrategy, the world’s largest corporate holder of Bitcoin, is capturing all the attention with a mega MSTR stock price rally. On Friday, the MSTR share price surged 16% shooting all the way to $212.59 levels following a major breakout above $190 last week.

🇩🇪 Germany’s Samara AG To Buy €30 Mln In Bitcoin Emulating MicroStrategy

Germany's Samara AG plans to invest €30 million in Bitcoin, aiming to match MicroStrategy's holdings, as the firm's CEO reaffirms the firm's long-term commitment to the crypto.

The leading publicly listed German firm, Samara AG has recently announced its plan to add more Bitcoin to its portfolio. Notably, this move has sparked widespread optimism in the market, especially as BTC price soared past the brief $64,000 mark today. Besides, the firm also revealed its strategy to acquire more of the flagship crypto to match the level of Michael Saylor’s MicroStrategy.

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Markets

📊 Crypto Prices Today Oct 14: BTC At $64K, BRETT Up 19%, BOME Shoots 27%

BTC , ETH, SOL, and XRP prices gain a considerable upward momentum, igniting investor optimism globally.

The crypto prices today have birthed considerable investor optimism globally, illustrating rising trajectories. Bitcoin (BTC) price gained notably to top the $64K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices traded in the green territory. Simultaneously, meme coins BRETT and Book of Meme (BOME) prices surged remarkably, with the coins emerging as the day’s top gainers.

📈 Bitcoin Price: Will Weekend Rally Propel BTC to $70,000 Next?

Weekend rally pushed Bitcoin price close to $65,000, a critical resistance level. What's next for BTC, a retest of $70,000 or $57,000?

On Sunday, Bitcoin (BTC) price rose nearly 4% after forming a local bottom on Saturday at $62,052. This uptrend beat crypto market expectations of a correction. If this trend continues, is $70,000 next for BTC or a correction?

💹 Top Reason Why Crypto Market is Up Today?

Crypto markets see a surge as Bitcoin buy walls strengthen, boosting confidence and pushing BTC price to $64K with a 3% rise in 24hrs.

CryptoQuant CEO recently highlighted a significant shift in crypto market dynamics, with Bitcoin buy walls on all exchanges now strong enough to neutralize previously dominant sell walls. This change marks a pivotal development in trading behavior, indicating a robust buying interest that could be steering the current market upswing.