Bitcoin And Crypto Face Pressure After Second US Inflation Jump

Bitcoin trades below nearly five percent from Monday’s record peak and remained mostly stable after the second consecutive monthly rise in US consumer prices revived uncertainty over the Federal Reserve’s rate-cut timetable. The benchmark cryptocurrency was recently quoted around $116,800, down from the all-time high above $123,000 set 24 hours earlier. The June Consumer Price […]

Bitcoin’s True Value May Be As Global Settlement Layer, Not Just Currency: Ripple CTO

According to Ripple Chief Technology Officer David Schwartz, Bitcoin’s main strength isn’t in hosting complex smart contracts or in fast payments. It’s in offering a secure, trust‑minimized settlement layer that other networks can rely on. Related Reading: Ethereum’s Goal? Cracking The Web2 Fortress, Not Fighting Bitcoin—CEO Bitcoin’s proof‑of‑work backbone has proven its staying power over […]