Federal Reserve Chairman Jerome Powell has dismissed the idea that Bitcoin could replace the U.S. dollar, likening the cryptocurrency to gold as a speculative asset rather than a store of value. Powell shared these views during his appearance at The New York Times DealBook Summit in Manhattan. Powell’s Argument When asked whether Bitcoin’s popularity reflects […]
Well we did it, 100k Bitcoin is here. I’m sure quite a lot of you are quite happy with where your net worth is at right now, and all of you in that situation have had to exert a large amount of self control in order to hold onto your coins in order to get […]
Innovation hubs can advance Ethereum’s ecosystem, cultivating community-driven development and addressing the challenges of transitioning to sustainable blockchain projects.
TL;DR In 2024, institutional adoption of Bitcoin accelerated due to the approval of BTC ETFs, increasing its realized capitalization by $300 billion. Companies like BlackRock, MicroStrategy, and Marathon Digital have increased their BTC reserves. Some experts have expressed concerns about a potential “decentralization” process of Bitcoin. 2024 has marked a turning point in Bitcoin’s history, […]
Bitcoin shattered the $100,000 all-time price level on Wednesday, a milestone that both excited the crypto community and drew a bold response from President-elect Donald Trump. Trump took to his social media platform Truth Social to take credit for the achievement, which was partly triggered by his appointment of a pro-crypto SEC chair, Paul Atkins. […]
In a recent interview with Fox Business, Michael Saylor, co-founder and chairman of MicroStrategy, expressed an ambitious vision for Bitcoin (BTC), predicting a substantial increase in its overall market value over the next 21 years. This forecast aligns with MicroStrategy’s ongoing strategy of intensifying its Bitcoin acquisition program, which has significantly influenced the company’s stock […]
Will Ethereum now breach $4,000 price mark?
The newly discovered DroidBot Android trojan targets 77 banks, cryptocurrency exchanges, and national organizations.
On Truth Social, U.S. President-elect Donald Trump extended his congratulations to bitcoin enthusiasts as BTC hit the $100,000 milestone. In a playful post, he added, “You’re welcome.” Crypto’s Biggest Cheerleader? Trump Congratulates Bitcoiners Bitcoiners got a shoutout from Donald Trump on Truth Social after bitcoin broke through the $100,000 barrier, hitting a record high of […]
Crypto veteran Arthur Hayes thinks the affordability of one Solana (SOL) rival could help it emerge as the preferred choice for future initial coin offerings (ICOs). In a new analysis, the BitMEX co-founder highlights the low per-transaction cost of the layer-1 blockchain Aptos (APT). “In 2017, it was not uncommon for a hot ICO to […]
Russian President Vladimir Putin emphasised Bitcoin’s decentralisation and its immunity to external control. Putin advocated for regulatory clarity and promoted cryptocurrencies as cost-efficient tools, aligning with Russia’s financial strategy amid Western sanctions. The Russian government introduced a new crypto tax law classifying digital currencies as property, imposing income tax on sales while exempting mined cryptocurrencies […]
XRP has dropped 12%, with its price returning to US$2.26, as its market cap falls below Tether’s. ETH and BTC saw gains of 5% and 7%, respectively, amid a broader rotation from altcoins to these major cryptocurrencies. Positive developments, including the pro-crypto SEC chair nominee Paul Atkins, may influence a continued rally in XRP. Upcoming […]
As altcoins continued to show strength this week, BNB joined the advanced uptrend and broke out to a new high. It appears highly bullish on the daily chart due to rising demand in the past few days. Last month was an interesting ride for the bulls as they pushed through several resistances to reclaim the […]
NFTs may have died down, but RARI Foundation’s Jana Bertram is bullish on their evolution, according to her analysis of the industry in the latest episode of the Hashing It Out podcast.
[PRESS RELEASE – Dubai, UAE, Dubai, UAE, November 27th, 2024] Today, the Plena Super App launched its native token $PLENA on Gate.io, MEXC & BingX following a recent partnership with Solana and significant anticipation highlighted by a $150K OG community round and $600K IDO that reached its cap swiftly. Plena aims to fill the gap […]
The fact that Bitcoin grew by almost 40% in November had to be reflected in market activity statistics, including spot volumes of major cryptocurrency exchanges. According to the benchmark prepared monthly by Finance Magnates Intelligence, turnover increased by an average of 180% compared to the previous month and year. Bitcoin Unstoppable: $100,000 Mark Reached Although […]
On-chain data shows the unrealized gains of the 30-day Bitcoin investors are now back inside the historical ‘healthy’ zone, a sign that could be bullish for BTC. Bitcoin MVRV Ratio For 30-Day Traders Has Declined Recently In a new post on X, the on-chain analytics firm Santiment has discussed about the trend in the Bitcoin […]
TL;DR MicroStrategy’s strategic shift towards Bitcoin, amassing $40 billion worth, has significantly boosted its stock performance and attracted substantial investor interest. The company’s use of $7 billion in convertible notes has driven its recent success, allowing investors to gain exposure to Bitcoin without directly purchasing it. Institutional investors like Vanguard and BlackRock have invested billions […]
Financial expert Kiyosaki celebrates Bitcoin hitting $100,000
It's a good time to be cryptocurrency. Bitcoin breached $100,000 Thursday as the election of Donald Trump spurred expectations that his administration …
Cryptocurrency analyst Benjamin Cowen is leaning bullish on Bitcoin (BTC) as the flagship digital asset hovers above $100,000. Cowen tells his 836,000 YouTube subscribers that if Bitcoin follows the cyclical view of booms and busts that come after the halving event every four years, BTC “could get one more push higher before the end of […]
Russian President Vladimir Putin has referred to digital currencies as part of the settlement instruments for the planned BRICS investment platform. Putin stated that work on this platform had already begun, and that these digital assets might have a place in this institution. Putin Talks Digital Currencies as Settlement Tools for Upcoming BRICS Investment Platform […]
This article is intended to explain the great moment when Bitcoin first broke the $100,000 mark in history, investigating the reasons for such a wonderful price increase, forecasts, and possible risks of the near and far futures of the major cryptocurrency. We will see whether this is sustainable success or just a high before the […]
Bitcoin has plenty of room left to run, even as BTC price action enters six-figure territory, CryptoQuant said.
US Ethereum ETFs recently reported over US$700 million in inflows, signalling a significant market shift. These inflows correspond with a notable rise in ETH prices, adding momentum to the ETFs’ growth. BlackRock’s iShares Ethereum Trust leads with the largest asset accumulation, underpinning the ETFs’ success. A pending change at the SEC could further boost the […]
Amid the latest rally, Sol is still reaccumulating but is looking ready for another shift while providing a sizable discount for almost two weeks. Its bullish trajectory remains intact following over 50% gains in a month. Last month’s trading saw Sol through a major break out to a new high of $264 after overcoming tough […]
Ethereum (ETH) appears to be finally waking up from its slumber as the second-largest cryptocurrency by market cap has jumped 8% in the past 24 hours, surpassing the key $3,800 price level. Is An ETH God Candle On The Horizon? Ethereum’s rise appears to align with declining Bitcoin (BTC) dominance. This important metric is tracked […]
The ambition of StoneX Group for digital assets has become clear as its digital asset unit received approval from Ireland’s central bank to become a virtual asset service provider (VASP). New Irish License for StoneX Announced yesterday (Wednesday), the approval was granted to locally established StoneX Digital International, which can now operate as a digital […]
An ancient Bitcoin wallet suddenly sprung to life this week and moved more than $257 million worth of BTC after 11 years of slumber. The crypto tracker Lookonchain first spotted the unknown address, which moved 2,700 BTC to another wallet on Tuesday. The long-dormant wallet received the trove of BTC in December 2013, when the […]
Total crypto market cap has reached an all-time high of $3.83 trillion following a 2.7% rise on the day, according to Coingecko. Digital asset market momentum has largely been driven by Donald Trump’s presidential election victory and the promise of a pro-crypto regulatory landscape in the United States. Since election day on Nov. 5, almost […]
Bitcoin hitting $100,000 is “just the beginning,” according to Galaxy Digital CEO Mike Novogratz
Seasonality and high RSI suggest the coin may be taking a breather. Bitcoin's Dominance in the crypto market has fallen from 60% to 55% in just two …