A new report by Deutsche Bank says that bitcoin is now “too important to ignore” given its $1 trillion market capitalization.
Bitcoin’s price rally has helped BTC miners rake in record-breaking revenues ahead of difficulty adjustments. Glassnode data shows that on March 14 miners’ daily earnings hit a new all-time high of $64.7 million.
The Chairman of the U.S. Federal Reserve, Jerome Powell, has indicated that central bank digital currencies (CBDCs), including a potential “digital dollar,” would not replace cash.
Top stories in the Crypto Roundup today:
- Bitcoin Is Now ‘Too Important to Ignore’ Says Deutsche Bank
- Bitcoin Miners’ Daily Earnings Hit $64 Million Record
- Digital Dollar Would Coexist with Cash, Fed Chairman Says
- Daily Movers – ONE, THETA, LUNA