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The post Florida Proposes Bill to Invest Public Funds in Bitcoin appeared first on Coinpedia Fintech News

Florida Proposes Bill to Invest Public Funds in Bitcoin

The crypto community is watching with crossed fingers, while opinion remains divided among analysts on whether a Bitcoin rally would hold for the flagship cryptocurrency that recently reached an all-time high of $103,525 or whether the bears will prevail and we will experience a major drop in the coming days. According to a recent analysis [&#8230;]

Bitcoin at Crossroads: Will $96K Bitcoin Rally hold or is A Major Drop Imminent?

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XRP price has moved just 2% over the last seven days, struggling to sustain levels above $2.50 in recent days. Its market cap has now fallen to $140 billion, and its trading volume is up 47% in the last 24 hours, reaching $5.6 billion.

XRP Price Sees Possible Uptick But Network Activity Hits Monthly Low

“Bitcoin… is cooked.” The provocative statement from Justin Drake, a researcher affiliated with Ethereum, has ignited discussions online. According to him, an investment of 10 billion dollars would be enough to annihilate the Bitcoin network. However, behind this assertion lies a troubling misunderstanding of what makes the protocol resilient. Far from being a weakness, the cap of 21 million units and Bitcoin’s energy security make it a colossus with feet of clay… at least, in appearance. If Bitcoin were to fail, no cryptocurrency would survive. Here’s why.

Florida Proposes Bill to Invest Public Funds in Bitcoin

Bitcoin at Crossroads: Will $96K Bitcoin Rally hold or is A Major Drop Imminent?

XRP Price Sees Possible Uptick But Network Activity Hits Monthly Low

Bitcoin Could Be Destroyed with Just $10 Billion, Expert Warns