PDAXScope: BTC data points towards a possible US$105K rally

Bitcoin bulls are back: BTC derivatives data hints at rally to $105K (Cointelegraph)

Cointelegraph provides an optimistic outlook for the near future of BTC, citing that “derivatives maintained a neutral-to-bullish stance, suggesting that the sharp price volatility did not significantly impact market sentiment.” They also look at data from traditional financial markets, correlating market recovery for BTC with the S&P 500 index erasing its monthly losses last December 24.

Russia is using bitcoin in foreign trade, finance minister says (Reuters)

Reuters cites Russian Finance Minister Anton Siluanov’s statements in a Russia 24 television interview that BTC and other digital currencies are now being considered by Russian companies for international payments. The consideration comes in the wake of legislative changes allowing their use “to counter Western sanctions.”

Should You Forget Bitcoin and Buy Solana Instead? (Yahoo Finance)

Yahoo Finance underscores a perspective from Leo Sun of The Motley Fool, positing that instead of focusing solely on BTC, savvy traders might want to consider looking at Solana as well. The piece highlights many of Solana’s advantages, while still maintaining a balanced stance that doesn’t aggressively position one token over the other.

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