Cryptocurrency

Bitcoin could be worth $125,000 by the end of the year if the Republican Party dominates the United States Congress after the Nov. 5 elections, Standard Chartered Bank analyst Geoff Kendrick predicted. As speculation about the US elections and Bitcoin BTC$67,114 prices approaches a frenzy, Kendrick was bullish on the Republicans. Geoff Kendrick’s BTC price analysis. Source: […]

Bitcoin Set for Blast-off — It’s Time to Buy, Says Kiyosaki Robert Kiyosaki, author of Rich Dad Poor Dad, has once again voiced strong opinions on financial markets, predicting both dramatic downturns and potential investment opportunities for those prepared. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has […]

A rally in stocks faded as banks dragged down the broader market despite gains in tech shares. Bitcoin slumped after a news report that federal investigators are probing cryptocurrency firm Tether. The S&P 500 closed little changed after climbing almost 1%. Banks got hit as New York Community Bancorp tumbled 8.3% on a weaker outlook. […]

Microsoft shareholders are set to vote in December on whether the tech giant should publicly assess adding Bitcoin to its balance sheet, a filing with the United States securities regulator reveals. In the Oct. 24 filing, Microsoft disclosed that “Assessment of Investing in Bitcoin” is proposed to certain shareholders who will vote in a Dec. 10 meeting. […]

Bitcoin’s classification as a so-called Trump trade is starting to jar with wider shifts in global markets attributed in part to the possibility of the former president’s return to the White House. Bond yields and the dollar have jumped lately amid Republican nominee Donald Trump’s lead over Vice President Kamala Harris in prediction markets. On […]

Pennsylvania became the latest state to pass a bill establishing some regulatory clarity surrounding digital assets, continuing a trend where legislatures and governors across the country attempt to provide some rules of the road for the U.S. crypto industry, FOX Business has learned. The move comes amid continued confusion on the federal level over crypto […]

When Canadian developer Peter Todd found out that a new HBO documentary, Money Electric: The Bitcoin Mystery, was set to identify him as Satoshi Nakamoto, the creator of bitcoin, he was mostly just pissed. “This was clearly going to be a circus,” Todd told WIRED in an email. The identity of the person—or people—who created […]

Tesla reported its Q3 2024 earnings on Oct. 23, revealing that the company has not sold any of the $184,000,000 in digital asset investments during the quarter and has not sold any crypto for five consecutive business quarters. According to the automotive company’s financial statements, revenue for Q3 was north of $25.18 billion — slightly […]

Bitcoin could be worth $125,000 by the end of the year if members of the Republican Party dominate the United States Congress after the Nov. 5 elections, Standard Chartered Bank analyst Geoff Kendrick has predicted. As speculation about the US elections and Bitcoin BTC$67,754 prices approaches a frenzy, Kendrick shows himself to be bullish on the Republicans. […]

The cryptocurrency market is experiencing a downturn, closely mirroring the decline in the stock market. On Wednesday, Bitcoin saw a significant drop of over 2.5% in the past 24 hours, with its price hovering around $65,000. This decline has dashed hopes of breaking the $70,000 threshold, which had gained traction just a week prior. The […]