BTCfuture
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The current price of Bitcoin (BTC) is $96,336.30, reflecting a +2.32% increase over the past 24 hours. The highest price within this period was $97,388.00, and the lowest was $94,086.70, with a significant trading volume of 183,947.614 BTC, valued at approximately $17.67 billion USDT. From a technical standpoint, BTC is currently hovering around the 7-day moving average of $96,491.00, slightly below the 25-day MA ($95,731.40) and above the 99-day MA ($94,794.20), suggesting a healthy but cautious upward trend. After reaching a high at $97,388.00, BTC saw a pullback but is stabilizing just above previous support zones. The RSI is at 50.2, indicating a balanced market momentum—neither overbought nor oversold. With consistent volume and relative strength, BTC remains in a potentially bullish position if it maintains support above $96K.
From a perpetual futures perspective on Binance, BTCUSDT is currently in consolidation following its recent upward move. The price structure shows a strong impulse to the upside, followed by a mild correction, which is common in trending futures markets. The market is pricing in the potential for continued gains, as reflected in the mark price being slightly above the last price ($96,345.70 vs $96,336.30), indicating buying interest. Funding rates (not shown directly in the chart) typically lean positive in this setup, suggesting that long positions are more dominant. However, open interest stability and the flat RSI imply traders are cautious and awaiting a clearer breakout. If BTC can hold above the $96K level and push through $97,388 resistance, it could initiate a new bullish leg. Conversely, failure to hold support may trigger short-term liquidations, increasing volatility. Overall, BTC perpetual futures suggest a cautiously bullish sentiment with room for upside if technical levels hold.
$BTC
#BTCRebound
#StablecoinPayments
#BinanceAlphaAlert
#BTCFuture
From a perpetual futures perspective on Binance, BTCUSDT is currently in consolidation following its recent upward move. The price structure shows a strong impulse to the upside, followed by a mild correction, which is common in trending futures markets. The market is pricing in the potential for continued gains, as reflected in the mark price being slightly above the last price ($96,345.70 vs $96,336.30), indicating buying interest. Funding rates (not shown directly in the chart) typically lean positive in this setup, suggesting that long positions are more dominant. However, open interest stability and the flat RSI imply traders are cautious and awaiting a clearer breakout. If BTC can hold above the $96K level and push through $97,388 resistance, it could initiate a new bullish leg. Conversely, failure to hold support may trigger short-term liquidations, increasing volatility. Overall, BTC perpetual futures suggest a cautiously bullish sentiment with room for upside if technical levels hold.
$BTC
#BTCRebound
#StablecoinPayments
#BinanceAlphaAlert
#BTCFuture
See original
Two days ago I shared my analysis. I hope those who understood were able to take advantage of it.$BTC
Today the market opened with a decisive breakout of
$95,500 in 1 hour with volume just above the SMA 9.
A consolidation after a pullback to $94,500–$95,000, aiming for a continuation of the bullish momentum.
The most important thing for me is if it breaks the $97,000 zone, we could see an acceleration towards $100,000 but we must be patient.$BTC
My probability scenario.
Bullish 55%: Holds above $95,500; target $98,000–$100,000 if volume confirms the breakout.
Lateral 30%: Fluctuates between $93,600–$97,000, waiting for macro catalysts or institutional adoption.
Bearish 15%: Sustained break of $93,600; possible correction to $90,000.
I would like to hear your opinions.
If anyone wants to debate or educate themselves, you can leave me a message.
For those who ask if I manage any group.
When this account reaches 1K in $BTC , I will create the group. 🚀🔥(I started with $25),.
Something wonderful is going to happen today,
#BTC🔥🔥🔥🔥🔥
#latam
#Colombia
#BTC
#BTCFuture
Today the market opened with a decisive breakout of
$95,500 in 1 hour with volume just above the SMA 9.
A consolidation after a pullback to $94,500–$95,000, aiming for a continuation of the bullish momentum.
The most important thing for me is if it breaks the $97,000 zone, we could see an acceleration towards $100,000 but we must be patient.$BTC
My probability scenario.
Bullish 55%: Holds above $95,500; target $98,000–$100,000 if volume confirms the breakout.
Lateral 30%: Fluctuates between $93,600–$97,000, waiting for macro catalysts or institutional adoption.
Bearish 15%: Sustained break of $93,600; possible correction to $90,000.
I would like to hear your opinions.
If anyone wants to debate or educate themselves, you can leave me a message.
For those who ask if I manage any group.
When this account reaches 1K in $BTC , I will create the group. 🚀🔥(I started with $25),.
Something wonderful is going to happen today,
#BTC🔥🔥🔥🔥🔥
#latam
#Colombia
#BTC
#BTCFuture
See original
Two days ago I shared my analysis. I hope that those who understood were able to take advantage of it.$BTC
Today the market opened with a decisive breakout of
$95,500 in 1 hour with volume just above the SMA 9.
A consolidation after a pullback to $94,500–$95,000, aiming for a continuation of the bullish momentum.
The most important thing for me is if it breaks the $97,000 zone, we could see an acceleration towards $100,000 but we must have patience.$BTC
My probability scenario.
Bullish 55%: Holds above $95,500; target $98,000–$100,000 if the volume confirms the breakout.
Lateral 30%: Fluctuates between $93,600–$97,000, waiting for macro catalysts or institutional adoption.
Bearish 15%: Sustained break below $93,600; possible correction to $90,000.
- I would like to hear your opinions.
If anyone wants to debate or educate themselves, they can leave me a message.
For those who ask if I manage any group.
When this account reaches 1K in $BTC
, I will create the group. 🚀🔥(I started with $25).
Something wonderful is going to happen today,
#BTC🔥🔥🔥🔥🔥
#latam
#Colombia
#BTC
#BTCFuture
Today the market opened with a decisive breakout of
$95,500 in 1 hour with volume just above the SMA 9.
A consolidation after a pullback to $94,500–$95,000, aiming for a continuation of the bullish momentum.
The most important thing for me is if it breaks the $97,000 zone, we could see an acceleration towards $100,000 but we must have patience.$BTC
My probability scenario.
Bullish 55%: Holds above $95,500; target $98,000–$100,000 if the volume confirms the breakout.
Lateral 30%: Fluctuates between $93,600–$97,000, waiting for macro catalysts or institutional adoption.
Bearish 15%: Sustained break below $93,600; possible correction to $90,000.
- I would like to hear your opinions.
If anyone wants to debate or educate themselves, they can leave me a message.
For those who ask if I manage any group.
When this account reaches 1K in $BTC
, I will create the group. 🚀🔥(I started with $25).
Something wonderful is going to happen today,
#BTC🔥🔥🔥🔥🔥
#latam
#Colombia
#BTC
#BTCFuture
My BTC outlook for the next couple of days 🍾🚬
Right now, I’m waiting for the price to move up toward the 98–99k area.
Before that happens, there’s still a good chance we’ll see a pullback to around 93,500–92,700.
If we do get that pullback, I’ll be looking to build a long position from there.
But if the pullback doesn’t happen and the price breaks above 95,300,
I’ll look to catch a long on the breakout instead.
Once we reach the 98–99k target zone,
I’ll start watching for short setups.$BTC
What is your prediction?
#BTC
#bitcoin
#binancebitcoin
#BTCvsMarktes
#BTCFuture
Before that happens, there’s still a good chance we’ll see a pullback to around 93,500–92,700.
If we do get that pullback, I’ll be looking to build a long position from there.
But if the pullback doesn’t happen and the price breaks above 95,300,
I’ll look to catch a long on the breakout instead.
Once we reach the 98–99k target zone,
I’ll start watching for short setups.$BTC
What is your prediction?
#BTC
#bitcoin
#binancebitcoin
#BTCvsMarktes
#BTCFuture
🚨 BREAKING: Bitcoin Just Flashed A Signal Not Seen Since $10K! 🚀💥
Bitcoin just triggered a rare technical pattern — the last time this happened, BTC surged 400%! 🔥📈
Key Points to Watch:
• RSI Oversold on 4H + Whale Accumulation 🐋💰
• Funding Rates turning Negative 📉
• Big Money is positioning behind the scenes 👀💸
Smart traders are keeping a close eye on this moment. Will you catch the next Bitcoin pump or will you sit on the sidelines? 🏃♂️💨
Prepare now — before it’s too late! ⏳
Are you buying the dip or staying cautious? 🤔
Comment below! 👇
#SaylorBTCPurchase #xrpetf #BinanceAlphaPoints #EthereumFuture #BinanceAlphaAlert
Bitcoin just triggered a rare technical pattern — the last time this happened, BTC surged 400%! 🔥📈
Key Points to Watch:
• RSI Oversold on 4H + Whale Accumulation 🐋💰
• Funding Rates turning Negative 📉
• Big Money is positioning behind the scenes 👀💸
Smart traders are keeping a close eye on this moment. Will you catch the next Bitcoin pump or will you sit on the sidelines? 🏃♂️💨
Prepare now — before it’s too late! ⏳
Are you buying the dip or staying cautious? 🤔
Comment below! 👇
#SaylorBTCPurchase #xrpetf #BinanceAlphaPoints #EthereumFuture #BinanceAlphaAlert
Bitcoin (BTC/USDT) is currently encountering resistance at a horizontal supply zone, following its breakout from the falling wedge pattern. The price action is receiving significant support from both the 50-day and 100-day moving averages, which are positioned below.
If Bitcoin manages to break above the supply zone, this could indicate the potential for a continued upward movement. However, a short-term correction remains a possibility at this level, so it’s essential to keep a close watch on the price action for any signs of a breakout or pullback.
$BTC
#BTC #BTCFuture
If Bitcoin manages to break above the supply zone, this could indicate the potential for a continued upward movement. However, a short-term correction remains a possibility at this level, so it’s essential to keep a close watch on the price action for any signs of a breakout or pullback.
$BTC
#BTC #BTCFuture
$BTC
Price Increase Nearing Its End – Decline Expected in Early May
I shared that BTC would break through the $95,000 mark—and it did, reaching approximately $95,700. Before this upward movement, I had also predicted a pullback to around $94,000 before rising again to $95,000. In reality, BTC dropped to $93,929—just $70 off my forecast, which is almost spot-on. Those who watched the live stream can confirm this.
During the same session, I mentioned a potential target of $96,200. While that hasn't been reached yet, there’s still a strong likelihood of BTC climbing to around $96,000. Based on current observations, there's an 80% chance of a decline starting near $96,000 and a 20% chance it begins closer to $98,000.
The first round of the decline is expected to bring BTC down to around $89,000, followed by a second wave targeting $86,000, and then potentially new lows after that. However, this won't be a sudden drop—it will unfold gradually, with periods of sideways movement and sell-offs in between. So don’t assume a sharp fall will occur immediately after reading this.
This decline is most likely to begin in early May, though the exact timing will depend on how the market evolves. Please remember: this is only my personal prediction and not financial advice. I am not responsible for any trading losses you may incur based on this information. Market trends and candlestick charts fluctuate constantly, so treat this analysis as a reference only—not as a trading signal.
#BTCvsMarkets #BTCFuture #BinanceSquare #Write2Earn #BTC
Price Increase Nearing Its End – Decline Expected in Early May
I shared that BTC would break through the $95,000 mark—and it did, reaching approximately $95,700. Before this upward movement, I had also predicted a pullback to around $94,000 before rising again to $95,000. In reality, BTC dropped to $93,929—just $70 off my forecast, which is almost spot-on. Those who watched the live stream can confirm this.
During the same session, I mentioned a potential target of $96,200. While that hasn't been reached yet, there’s still a strong likelihood of BTC climbing to around $96,000. Based on current observations, there's an 80% chance of a decline starting near $96,000 and a 20% chance it begins closer to $98,000.
The first round of the decline is expected to bring BTC down to around $89,000, followed by a second wave targeting $86,000, and then potentially new lows after that. However, this won't be a sudden drop—it will unfold gradually, with periods of sideways movement and sell-offs in between. So don’t assume a sharp fall will occur immediately after reading this.
This decline is most likely to begin in early May, though the exact timing will depend on how the market evolves. Please remember: this is only my personal prediction and not financial advice. I am not responsible for any trading losses you may incur based on this information. Market trends and candlestick charts fluctuate constantly, so treat this analysis as a reference only—not as a trading signal.
#BTCvsMarkets #BTCFuture #BinanceSquare #Write2Earn #BTC
Hung Rothermich Hgkv:
congratulations
Muhammad_Rashid:
correctio upto 92000 92500
See original
BTCUSDT
20X
Short
Unrealized PNL (USDT)
+165.00%
See original
Hello hello... the Short team still has survivors, let's check in??
Where did all the brothers go, is there anyone left standing or have they all disappeared??
As long as we still hold on, there is still hope — rise up, red team warriors!!
#Btc #BTCFuture
Where did all the brothers go, is there anyone left standing or have they all disappeared??
As long as we still hold on, there is still hope — rise up, red team warriors!!
#Btc #BTCFuture
BTCUSDT
20X
Short
Unrealized PNL (USDT)
-1780.96
-165.00%
Wiley Mierau QTKT:
mấy ae vốn bé short từ 83 84k chắc bay hết rồi không biết có dám vào lại không nữa 🤣
#BTC
#dailyanalysis
Hello Friends, so here I am back again with today's analysis,
Here we are using the same setup as yesterday, MACD+VWP.
As we can see from the below mentioned charts in the 15 minutes time frame, we can see a possible upcoming downward MACD cross over which can be used as an opportunity to short #btcfuture s
Entry criteria's -
1) The MACD line (blue) should cut the signal line (red) from top.
2) Wait for a 3rd RED candle to form post this cross over.
3) The price should be trading below the VWAP line.
Note - Avoid taking a trade if these criteria's are not met. Also it is advisable to initiate the short position once at the price moves below 88000, as that's a crucial support zone for today.
Exit Criteria -
1) Once your target is achieved. Or
2) Once the MACD line cuts the signal line from below, signalling a trend reversal.
Disclaimer* – This is not an investment advise, these views are only shared for educational purposes. Please consult your financial advisor before making any investment decisions. The person sharing his/her views cannot be held responsible for any financial losses whatsoever.
#dailyanalysis
Hello Friends, so here I am back again with today's analysis,
Here we are using the same setup as yesterday, MACD+VWP.
As we can see from the below mentioned charts in the 15 minutes time frame, we can see a possible upcoming downward MACD cross over which can be used as an opportunity to short #btcfuture s
Entry criteria's -
1) The MACD line (blue) should cut the signal line (red) from top.
2) Wait for a 3rd RED candle to form post this cross over.
3) The price should be trading below the VWAP line.
Note - Avoid taking a trade if these criteria's are not met. Also it is advisable to initiate the short position once at the price moves below 88000, as that's a crucial support zone for today.
Exit Criteria -
1) Once your target is achieved. Or
2) Once the MACD line cuts the signal line from below, signalling a trend reversal.
Disclaimer* – This is not an investment advise, these views are only shared for educational purposes. Please consult your financial advisor before making any investment decisions. The person sharing his/her views cannot be held responsible for any financial losses whatsoever.
See original
BTCUSDT
20X
Short
Unrealized PNL (USDT)
-1780.96
-165.00%
See original
BTCUSDT
20X
Short
Unrealized PNL (USDT)
+165.00%
💎 "Would You Lock 1 BTC in a Vault for 10 Years?"
If you were given 1 BTC, but couldn’t touch it for 10 years, would you accept the deal? 🤔👇
#BitcoinVault #BTCFuture $BTC $ETH $XRP
If you were given 1 BTC, but couldn’t touch it for 10 years, would you accept the deal? 🤔👇
#BitcoinVault #BTCFuture $BTC $ETH $XRP
BTC Market Correction: A Golden Opportunity for Long-Term Holders
$BTC
As we witness Bitcoin (BTC) trading at levels like $90,723 (-3.88%) and BTCUSDT Perp at $90,714 (-3.90%), it’s clear the market is experiencing a period of intense volatility. The current atmosphere is filled with panic, fear, and uncertainty, especially within crypto communities. As I spent time analyzing conversations today, it was evident that many are overwhelmed by the downturn.
Why is this a Positive Sign?
For seasoned holders, moments like this can present the best opportunities. Panic-driven sell-offs often drive the weaker players (the so-called "paper hands") out of the market. This leaves those with strong conviction and long-term strategies in position to capitalize on the next wave of growth. It’s during times of uncertainty that true market participants separate themselves from short-term traders.
What Would Be Ideal for a Bounce Back?
In an ideal scenario, if BTC dips below $80,000, it could trigger a final purge of margin traders, eliminating excess fear and clearing the path for a swift recovery. A sharp bounce could follow, but only with investors who are prepared for the next bull run. This would not be about short-term profits but positioning for the long-term rally.
Historical Perspective & What’s Next?
Looking at market cycles, especially the patterns we saw in 2021, there’s a clear resemblance. While it’s impossible to predict the future with certainty, historical fractals suggest that a similar rebound could take place. Many in the market fall into the trap of short-term speculation, chasing conspiracy theories and reacting to quick price movements. However, the real winners are those who stick to long-term analysis. My target for Bitcoin remains at $170,000, and I believe we’re still on track for significant growth. Keep an eye on the market, and revisit this post at the end of the year to see how things unfold.
Final Thoughts:
While the market’s current downturn may cause anxiety, experienced holders know this is often when the most significant opportunities arise. Patience, a strong strategy, and faith in long-term fundamentals will pave the way for success as the market matures.
#CryptoStrategy #AltcoinSeason2025 #Binance
#BTCFuture #CryptoInvesting
As we witness Bitcoin (BTC) trading at levels like $90,723 (-3.88%) and BTCUSDT Perp at $90,714 (-3.90%), it’s clear the market is experiencing a period of intense volatility. The current atmosphere is filled with panic, fear, and uncertainty, especially within crypto communities. As I spent time analyzing conversations today, it was evident that many are overwhelmed by the downturn.
Why is this a Positive Sign?
For seasoned holders, moments like this can present the best opportunities. Panic-driven sell-offs often drive the weaker players (the so-called "paper hands") out of the market. This leaves those with strong conviction and long-term strategies in position to capitalize on the next wave of growth. It’s during times of uncertainty that true market participants separate themselves from short-term traders.
What Would Be Ideal for a Bounce Back?
In an ideal scenario, if BTC dips below $80,000, it could trigger a final purge of margin traders, eliminating excess fear and clearing the path for a swift recovery. A sharp bounce could follow, but only with investors who are prepared for the next bull run. This would not be about short-term profits but positioning for the long-term rally.
Historical Perspective & What’s Next?
Looking at market cycles, especially the patterns we saw in 2021, there’s a clear resemblance. While it’s impossible to predict the future with certainty, historical fractals suggest that a similar rebound could take place. Many in the market fall into the trap of short-term speculation, chasing conspiracy theories and reacting to quick price movements. However, the real winners are those who stick to long-term analysis. My target for Bitcoin remains at $170,000, and I believe we’re still on track for significant growth. Keep an eye on the market, and revisit this post at the end of the year to see how things unfold.
Final Thoughts:
While the market’s current downturn may cause anxiety, experienced holders know this is often when the most significant opportunities arise. Patience, a strong strategy, and faith in long-term fundamentals will pave the way for success as the market matures.
#CryptoStrategy #AltcoinSeason2025 #Binance
#BTCFuture #CryptoInvesting
Bitcoin has been one of the best-performing assets of the past decade, gaining over 1,160,000x since it first started trading in the early 2010s.
Taking into account adoption curves and the growth potential of disruptive technologies like the internet and the smartphone, most Bitcoin price predictions for 2040 and 2050 are bullish. But how high can the price of Bitcoin go in the coming decades?
We aim to answer this question in the following sections as well as outline Bitcoin predictions made by some of the most prominent figures in the crypto space.
Bitcoin price prediction key takeaways
Bitcoin's price grew at a compounded rate of roughly 19% annually in the last three years and more than 976,000x since 2010
Some analysts predict that Bitcoin could reach or even surpass a $1 million price tag in the future
The price prediction algorithm predicts the price of BTC to surpass $1 million by 2040 and potentially reach as high as $3.01 million by 2048
Even the conservative estimates for Bitcoin's future price – like modeling the price based on the S&P 500's multi-decade growth rate – pin the value of a single coin above $1,019,800 by 2050
The accuracy of long-term BTC price predictions hinges on the future growth of Bitcoin users, broader crypto adoption, and successful implementation of scaling technologies like the Lightning Network
2025 2030 2040 2050
BTC price prediction (3-year CAGR)* $100,570 $185,294 $628,992 $2.1 million
BTC price prediction (5% annual growth) $93,450 $119,269 $194,276 $316,455
BTC price prediction (10% annual growth) $97,900 $157,669 $408,953 $1.06 million
BTC price prediction (S&P 500 historical ROI)** $98,879 $167,369 $479,529 $1.37 million
BTC price prediction (CoinCodex algorithm) $104,343
$BTC
#BTCvsInflation #BTCFuture
Taking into account adoption curves and the growth potential of disruptive technologies like the internet and the smartphone, most Bitcoin price predictions for 2040 and 2050 are bullish. But how high can the price of Bitcoin go in the coming decades?
We aim to answer this question in the following sections as well as outline Bitcoin predictions made by some of the most prominent figures in the crypto space.
Bitcoin price prediction key takeaways
Bitcoin's price grew at a compounded rate of roughly 19% annually in the last three years and more than 976,000x since 2010
Some analysts predict that Bitcoin could reach or even surpass a $1 million price tag in the future
The price prediction algorithm predicts the price of BTC to surpass $1 million by 2040 and potentially reach as high as $3.01 million by 2048
Even the conservative estimates for Bitcoin's future price – like modeling the price based on the S&P 500's multi-decade growth rate – pin the value of a single coin above $1,019,800 by 2050
The accuracy of long-term BTC price predictions hinges on the future growth of Bitcoin users, broader crypto adoption, and successful implementation of scaling technologies like the Lightning Network
2025 2030 2040 2050
BTC price prediction (3-year CAGR)* $100,570 $185,294 $628,992 $2.1 million
BTC price prediction (5% annual growth) $93,450 $119,269 $194,276 $316,455
BTC price prediction (10% annual growth) $97,900 $157,669 $408,953 $1.06 million
BTC price prediction (S&P 500 historical ROI)** $98,879 $167,369 $479,529 $1.37 million
BTC price prediction (CoinCodex algorithm) $104,343
$BTC
#BTCvsInflation #BTCFuture
See original
#BTCFuture Trade Recommendation
Main Recommendation: Buy at the Demand zone
• Entry Zone: 82,715.78 - 83,169.84.
• Stop Loss: 81,500.
• Take Profit:
• TP1: 87,176.11.
• TP2: 88,765.43.
• Reason:
• Price is in a Re-accumulation phase, likely to continue the medium-term uptrend.
• The zone 82,715 - 83,169 is a strong support area, close to MA(25), suitable for a buy order.
• Good R:R ratio (2.78:1), ensuring potential profit greater than risk.
Backup Plan: Sell at the Supply zone
• If the price rises to 87,176 - 88,765 and shows signs of rejection (reversal candle, decreased volume), consider selling with a target back to 82,715 or lower.
Note
• Capital Management: Only risk a maximum of 1-2% of the account for each trade.
• Monitor Volume: If volume increases significantly along with a price drop below 82,715, exit the buy position immediately.
• News: Bitcoin may be influenced by macro news (interest rates, legal regulations), further monitoring is required.
Main Recommendation: Buy at the Demand zone
• Entry Zone: 82,715.78 - 83,169.84.
• Stop Loss: 81,500.
• Take Profit:
• TP1: 87,176.11.
• TP2: 88,765.43.
• Reason:
• Price is in a Re-accumulation phase, likely to continue the medium-term uptrend.
• The zone 82,715 - 83,169 is a strong support area, close to MA(25), suitable for a buy order.
• Good R:R ratio (2.78:1), ensuring potential profit greater than risk.
Backup Plan: Sell at the Supply zone
• If the price rises to 87,176 - 88,765 and shows signs of rejection (reversal candle, decreased volume), consider selling with a target back to 82,715 or lower.
Note
• Capital Management: Only risk a maximum of 1-2% of the account for each trade.
• Monitor Volume: If volume increases significantly along with a price drop below 82,715, exit the buy position immediately.
• News: Bitcoin may be influenced by macro news (interest rates, legal regulations), further monitoring is required.
See original
Digital Libra (CBDC UK): Government will guarantee user privacy with legislation
The Bank of England and the Government have published a statement in which they state that they will not have access to users' personal data.
The Bank of England says the digital pound would include primary legislation to ensure user privacy and control.
Authorities are also committed to maintaining access to cash for those who prefer it and say continued work on digital currency will strengthen the UK's position as a competitive global leader in finance.
No decision has yet been made on the creation of a digital pound (CBDC).
A digital pound would complement the role of cash in a digital world and give people more choice about how to make everyday payments.
£10 of a digital pound would always be worth the same as £10 in notes or coins.
It would be intended for payments online, in stores and between individuals, and would not pay interest.
There would be restrictions, at least initially, on how much an individual or company could own.
Like banknotes, it would be a claim against the Bank of England, would have intrinsic value and would be stable, unlike unbacked cryptoassets.
People's privacy
The Economic Secretary to the Treasury, Bim Afolami, indicated that they will always ensure that people's privacy is paramount in any design, and any implementation would be alongside traditional cash, not instead of it.
“We are in an exciting time of innovation in money and payments, and we want to make sure the UK is prepared should the decision be made to build a digital pound in the future. “This is the latest stage in our national conversation about the future of our money, and it is far from the last,” Afolami said.
Source: Observatoryblockchain.com
#CBDC #Bitcoin #BTCFuture $EUR $BTC $USDC
The Bank of England and the Government have published a statement in which they state that they will not have access to users' personal data.
The Bank of England says the digital pound would include primary legislation to ensure user privacy and control.
Authorities are also committed to maintaining access to cash for those who prefer it and say continued work on digital currency will strengthen the UK's position as a competitive global leader in finance.
No decision has yet been made on the creation of a digital pound (CBDC).
A digital pound would complement the role of cash in a digital world and give people more choice about how to make everyday payments.
£10 of a digital pound would always be worth the same as £10 in notes or coins.
It would be intended for payments online, in stores and between individuals, and would not pay interest.
There would be restrictions, at least initially, on how much an individual or company could own.
Like banknotes, it would be a claim against the Bank of England, would have intrinsic value and would be stable, unlike unbacked cryptoassets.
People's privacy
The Economic Secretary to the Treasury, Bim Afolami, indicated that they will always ensure that people's privacy is paramount in any design, and any implementation would be alongside traditional cash, not instead of it.
“We are in an exciting time of innovation in money and payments, and we want to make sure the UK is prepared should the decision be made to build a digital pound in the future. “This is the latest stage in our national conversation about the future of our money, and it is far from the last,” Afolami said.
Source: Observatoryblockchain.com
#CBDC #Bitcoin #BTCFuture $EUR $BTC $USDC
TEPCO is making waves in the Bitcoin mining world in Japan! ⚡💼
Japan's leading utility company, Tokyo Electric Power Company (TEPCO), has entered the Bitcoin mining scene, marking a big move in the crypto landscape. Known for powering millions of homes, TEPCO is now embracing the digital asset revolution in a unique shift. 💻💡
With Japan’s advanced technology and abundant energy resources, TEPCO is set to make its mining operations both efficient and sustainable. This could spark innovation and boost local economies, as more companies recognize the potential of blockchain and crypto. 🌐🚀
Exciting times are ahead for Japan’s crypto scene! Stay tuned for more updates on Binance Square.
#BinanceSquareFamily #CryptoNews #bitcoin☀️ #btcfuture #MiningNews
$BTC
Japan's leading utility company, Tokyo Electric Power Company (TEPCO), has entered the Bitcoin mining scene, marking a big move in the crypto landscape. Known for powering millions of homes, TEPCO is now embracing the digital asset revolution in a unique shift. 💻💡
With Japan’s advanced technology and abundant energy resources, TEPCO is set to make its mining operations both efficient and sustainable. This could spark innovation and boost local economies, as more companies recognize the potential of blockchain and crypto. 🌐🚀
Exciting times are ahead for Japan’s crypto scene! Stay tuned for more updates on Binance Square.
#BinanceSquareFamily #CryptoNews #bitcoin☀️ #btcfuture #MiningNews
$BTC
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