🚨 Why Is Microsoft Eyeing Bitcoin? Insights from Anthony Pompliano!

News

Cardano founder Charles Hoskinson sees huge potential for Bitcoin DeFi market predicting it could even surpass Ethereum and Solana's markets.

Cardano founder Charles Hoskinson recently had a change of heart about Bitcoin and believes that the BTC DeFi market will be bigger than the Solana and Ethereum markets in the future. His recent comments come nearly two months after Hoskinson said that “we don’t necessary need Bitcoin” and “I don’t see how Bitcoin survives”. But what’s causing this change of heart for Hoskinson? Probably, it’s the recent integration of the Cardano blockchain with the BTC blockchain.

US court has announced major orders on four motions, mostly denying motions by Ripple in the lawsuit after settlement conference.

US district court judge issued orders on multiple motions in the In re Ripple Labs Inc Litigation. The orders present further clarity in the lawsuit as plaintiffs alleged securities law violations by payment firm Ripple Labs. Meanwhile, the parties in the XRP lawsuit had talks on settlement scheduled by the court.

Crypto industry veterans like Anthony Pompliano explains why Microsoft must explore Bitcoin investment strategy,

The Bitcoin community is currently abuzz with the news that tech giant Microsoft is seeking a vote from shareholders on its Bitcoin investment proposal. Although the details of the development remain scant, BTC supporters like Anthony Pompliano explain what could be the reason for Microsoft’s recent pivot to Bitcoin.

Markets

BTC and altcoins plunge in crypto market crash after Israel's strike on Iranian military targets & rising concerns over Tether investigation.

Following Israel’s attack on Iran earlier Saturday morning, Bitcoin and the broader crypto market crashed. While the BTC price dropped to its support of $65,500 altcoins saw an even greater pullback with Ethereum, BNB, SOL, and XRP falling by 3-6% each. Risk-ON assets like crypto quickly react to geopolitical uncertainties. However, the last time such an incident took place, Bitcoin and altcoins quickly rebounded in a short time.

The crypto prices today have made investors apprehensive, taking a noteworthy downward movement. BTC dips to $66k, while top altcoins mimic.

The crypto prices today have sparked bearish sentiments among market watchers globally, embarking on a downside momentum. Bitcoin (BTC) price waned to the $66K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP prices dipped 3%-6%. Simultaneously, the global crypto market cap declined 2.48% over the past day and is currently resting at $2.27 trillion. However, the total market volume witnessed a 45.66% increase in value to $105.01 billion.

Solana path to $200 fuels bullish momentum across ecosystem tokens, highlighting top crypto to watch for potential breakout opportunities.

The layer-1 cryptocurrency Solana has traded sideways for the past 7 months, struggling to sustain above $200 level. However, as no trend remains the same in tradable assets, the Q4 bullish sentiment could be a suitable opportunity for SOL price to surpass the overhead barrier. Amid the renewed bullish momentum, here are three ‘crypto to watch’ investors should keep on their radar.