Twitter’s top brass gutted as Elon Musk’s takeover begins and Kazakhstan to build central bank digital currency on BNB Chain. All of that and more in this week’s Hodler’s Digest.
Analyst puts Bitcoin price at $30K next month with breakout due
Early in the week, Bitcoin traded sideways between $19,000 and $20,000 with relatively little price fluctuation. On Oct. 25, the asset began moving up toward $21,000, finding resistance at the level on Oct. 26 before retracing back toward $20,000 on Oct. 27, according to Cointelegraph’s BTC price index.
On Oct. 25, Eight CEO Michaël van de Poppe forecasted a possible near-term surge up to $30,000 for BTC. “Within 2-3 weeks, #Bitcoin will break out significantly,” he tweeted, adding: “My take is the upside. My guess is probably $30K.”Commodity Futures Trading Commission head Christy Goldsmith Romero recently requested additional power from the United States government to ensure crypto problems do not affect mainstream finance.