El Salvador Backs Bitcoin as Cathie Wood Forecasts $1.5M Mark; Satoshi's Unique Runestone Ordinal Draws Attention

By: Isha Das

El Salvador continues its unprecedented backing of Bitcoin, suggesting a potentially transformative form for global economies. Meanwhile, Ark Invest CEO, Cathie Wood considers Bitcoin as a 'Financial Super Highway,' with a forecast hitting the $1.5M mark, citing potential in emerging markets where the digital asset serves as a risk mitigant.

In another landmark move, the enigmatic creator of Bitcoin, Satoshi, now possesses a unique Runestone Ordinal. The 4MB Bitcoin Ordinal was effectively retired, securing the larger collection permanently, thus adding a layer of intrigue to the crypto narrative.

All these advances collectively underscore the unpredictable and exciting landscape of cryptocurrencies, promising plenty of future twists and turns.