COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin Seeks New Heights as Traditional Finance Embraces Cryptocurrency
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > Bitcoin Seeks New Heights as Traditional Finance Embraces Cryptocurrency
Cryptocurrency News

Bitcoin Seeks New Heights as Traditional Finance Embraces Cryptocurrency

In Brief

  • Bitcoin is striving for new highs supported by positive news.

  • Discussions around the tokenized bond BUILD amplify Ethereum's significance.

  • Federal Reserve officials highlight stablecoins' potential in global payments.

Ömer Ergin
Ömer Ergin 7 months ago
Share
SHARE

The cryptocurrency market is experiencing renewed activity, with Bitcoin $103,735 targeting new peaks, reaching as high as $68,870. This surge is now supported by positive news from both the Federal Reserve and BlackRock. Recent developments indicate significant strides in the integration of cryptocurrency within traditional finance.

Fed and BlackRock

According to a recent Bloomberg report, discussions are underway with global exchanges regarding the use of the tokenized bond named BUILD as collateral in futures trading. This could lead to striking headlines about BlackRock securing agreements with various exchanges in the near future. News related to the BUILD theme is particularly crucial for Ethereum $2,398, as BlackRock’s tokenized bond has been issued on the Ethereum network.

Meanwhile, statements from Federal Reserve officials are making an impact. Waller, at the time of writing, mentioned that stablecoins could offer significant advantages in global payments, asserting the need for controls to minimize risks. He noted, “Stablecoins need controls to reduce risks. They could benefit payment systems. Decentralized finance technology can provide efficiency.”

These statements lay the groundwork for a future where cryptocurrencies can operate in harmony with traditional finance. The emergence of such supportive voices from the Biden administration, which has previously been hostile toward cryptocurrencies, bodes well for the future of crypto in both the medium and long term.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

US Senate Pushes Bold New Regulations on Stablecoin Issuers

Bitcoin Gains Traction in Times of Economic Turmoil

Market Surge Ignites Optimism in Crypto Assets

Bitcoin Climbs Over Ichimoku: Will Other Cryptos Follow its Lead?

Bitcoin Surges to New Highs as Institutional Interest Intensifies

Ömer Ergin 18 October, 2024 - 7:26 pm 18 October, 2024 - 7:26 pm
Share This Article
Facebook Twitter
Share
Previous Article Dogecoin (DOGE) Shows Significant Price Gains as Bitcoin Surges
Next Article Bitcoin Price Surge Boosts Hopes for Altcoin Growth
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

US Senate Pushes Bold New Regulations on Stablecoin Issuers
Cryptocurrency News DeFi News
Bitcoin Gains Traction in Times of Economic Turmoil
Bitcoin (BTC) Cryptocurrency News
Market Surge Ignites Optimism in Crypto Assets
Cryptocurrency News
Bitcoin Climbs Over Ichimoku: Will Other Cryptos Follow its Lead?
Bitcoin (BTC) Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?