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If Bitcoin Is Digital Gold, Will Ethereum Become the Crypto Equivalent of Treasury Bills?
According to The Motley Fool, Cathie Wood from ARK Invest suggests that Ethereum could potentially become a benchmark in the digital asset industry similar to U.S. Treasury bills. This comes after Bitcoin's impressive performance as an inflation hedge, reaching $108,000 last year due to its finite supply akin to gold. With Ethereum shifting towards a proof-of-stake consensus mechanism at the end of 2022, investors can now earn yields by staking their tokens on its network. While there are differences between staked Ethereum and traditional bonds—such as maturity terms and backing security—the potential for average staking yields around 4% makes it an attractive option.
Bitcoin Push Pits SNB’s Orthodoxy Against Swiss Crypto Crowd
Bloomberg reports that Switzerland is facing introspection regarding its monetary policies as local crypto advocates push for Bitcoin's inclusion alongside major currencies like the dollar and euro within central bank reserves. These proponents aim for a national vote by June 2026 to enshrine this change in the constitution amidst growing global interest following regulatory promises under Donald Trump's administration.
Bitcoin Will Adapt To The Technological Advances Of Quantum Computing
A Forbes article discusses concerns surrounding quantum computing's impact on Bitcoin but assures readers that adaptation strategies are already underway. Google's recent advancements have sparked fears about breaking current cryptographic protections; however, researchers believe updates such as adopting quantum-resistant signature schemes will safeguard against these threats while maintaining backward compatibility through soft forks if necessary.
Bitcoin Strategic Reserve Bill Introduced in Wyoming
The state of Wyoming continues leading blockchain adoption with new legislation allowing up to 3% investment into Bitcoins across various funds including the general fund or permanent mineral trust fund, according to Crypto Briefing sources. Under House Bill 0201 (HB0201), strict custody measures ensure transparency via annual reporting requirements detailing market values among other metrics—a move reflecting broader trends seen nationwide where states explore cryptocurrency investments further bolstered by Senator Cynthia Lummis' federal proposal aiming for the acquisition of one million bitcoins over five years, equating to roughly five percent of the total supply worldwide today!
Bitcoin Breaks $104,000 But Hype Still Not High: Bullish?
An analysis from Bitcoinist reveals how despite surpassing significant price milestones recently ($104k+), sentiment indicators remain moderate, suggesting possible continued growth ahead without overheating risks typically associated with extreme greed levels historically observed in past cycles when the Fear & Greed Index exceeded thresholds above seventy-five points. This indicates strong bullish signals present momentarily, supporting sustained upward momentum moving forward. Overall, the outlook remains positive given current conditions prevailing throughout rapidly evolving marketplace dynamics globally.