Cryptocurrency

The price of Bitcoin BTC$67,237 could go as high as $200,000 by the end of 2025 as the cryptocurrency enters “a new institutional era,” according to an Oct. 22 report by Bernstein Research. Bernstein’s 160-page “Black Book” makes the case for why Bitcoin miners will continue to consolidate the industry, Matthew Sigel, VanEck’s head of digital […]

BRICS lawmakers advocate for Russian miners to sell their Bitcoin to international buyers, allowing countries to use Bitcoin and other crypto assets for imports, according to a Bloomberg terminal report shared by Matthew Siegel, the head of digital assets at VanEck. Sanctions have significantly impacted Russia’s economy, but the emergence of crypto offers an alternative […]

In the heart of London, amidst the smog and the burgeoning industrial age, a story unfolds that is as relevant today as it was over half a century ago. Mary Poppins, a tale woven with magic, whimsy, and a touch of surrealism, unexpectedly serves as the perfect allegory for the financial liberation movement epitomized by […]

Canadian cryptographer and computer scientist Peter Todd says he’s been forced into hiding for fear of his safety after an HBO documentary supposedly outed him as the inventor of Bitcoin BTC$66,956. The film, dubbed “Money Electric: The Bitcoin Mystery,” aired on Oct. 9 and was purported to finally reveal the mystery surrounding the true identity of […]

Bitcoin BTC$66,961 kept up pressure on support on Oct. 22 as analysis demanded a new high within days. BTC/USD 1-hour chart. Source: TradingView BTC price grills support for second day Data from Cointelegraph Markets Pro and TradingView captured choppy BTC price conditions around the latest Wall Street open. Gyrating around $67,000, BTC/USD failed to regain bullish momentum after dropping 3% in […]

Bitcoin (BTC) eases slightly on Monday, trading at around $68,400, after a 9.8% rally last week which was bolstered by a $2.13 billion inflow into the US spot Exchange Traded Funds (ETFs). On-chain data further supports a bullish outlook as Bitcoin’s open interest has reached an all-time high (ATH) of over $40 billion and amid […]

This meme token is a shadow of its former self, but it’s still outperforming the world’s biggest cryptocurrency in 2024. Bitcoin (BTC -2.29%) is the world’s biggest cryptocurrency. Its market capitalization of $1.3 trillion accounts for more than half of the market cap of the entire crypto market, which currently stands at $2.4 trillion. The […]

Following a failed challenge of the $70,000 level during early Monday trading hours in Asia, bitcoin (BTC) fell below $67,000 in U.S. morning action. Recently, bitcoin’s price was lower 2.3% over the past 24 hours, underperforming the broad-market CoinDesk 20 Index’s 1% loss during the same period. Ethereum’s ether (ETH) was also down nearly 1%, […]

Bitcoin’s price has climbed 55% in 2024, including a 12.5% gain in October. Recent increases have been fueled by an overall improving risk-on sentiment led by better-than-expected Wall Street earnings. BTC/USD daily price chart. Source: TradingView Additionally, investors are increasingly pricing in potential Federal Reserve rate cuts in November, with pro-crypto Donald Trump’s rising odds of winning the 2024 […]

The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits. A recent research paper by the Federal Reserve Bank of Minneapolis suggests that assets such as Bitcoin should be taxed or banned for governments to maintain deficits. In an economy where the […]