The cryptocurrency market experienced a bullish rally on December 17, with Bitcoin (BTC) crossing an all-time high of $107,700. The global crypto market cap increased by 1% to reach $3.72 trillion, while trading volume soared 34% to $211 billion, signaling heightened investor activity. Bitcoin hits new ATH Bitcoin led the rally, gaining 2% over the […]
Cryptocurrency
Bitcoin Climbs to $105,000 as Trump Trade Continues to Drive Assets Higher
Bitcoin has broken to fresh highs above $104,900 as this year’s rally continues to benefit from several tailwinds, including President-elect Donald Trump’s impact on markets. The asset is up 3.5% on the day following a new record price of $105,004. It’s now up more than 140% in a year and 15% higher over a 30-day […]
Bitcoin rises to new record above $106,000 as investors await this week’s Fed decision
Bitcoin rallied to a new all-time high Sunday evening as investors awaited an expected interest rate cut by the Federal Reserve later this week. The price of the flagship cryptocurrency was last higher by more than 4% at $105,207.00, according to Coin Metrics. Earlier, it hit a new record of $106,509. Ether also rose 4%, climbing to just […]
Where Will Bitcoin Be in 1 Year?
Bitcoin has once again proven its resiliency throughout 2024, but can the cryptocurrency’s price continue rising? It’s been a milestone year for cryptocurrency, and in particular, the industry’s poster child — Bitcoin (BTC 3.17%). With just a few weeks left in 2024, Bitcoin’s price has soared by 140% and has topped a price of $100,000 […]
Bitcoin price recaptures $100K following funding reset and Coinbase premium return
After a rocky start to the week, Bitcoin BTC$97,604 made a strong push above $100,000, and a handful of analysts expect BTC to make a run at the $110,000 level. The move back to $100,000 comes as the November Consumer Price Index (CPI) report showed a slight uptick in inflation in the United States. Historically, crypto traders have had […]
The smartest Bitcoin ETF to buy with $2,000 right now
Bitcoin (CRYPTO: BTC) is having a moment. After starting 2024 off with a bang, the cryptocurrency delivered disappointing performance from March through September. Now, Bitcoin is reaching new heights after rocketing up nearly 80% in the last three months. Although the exact mechanisms of any run are never entirely clear, the recent rise in Bitcoin’s […]
Microsoft shareholders vote against Bitcoin investment
Microsoft (MSFT) shareholders voted against adding Bitcoin to the company’s balance sheet on Tuesday. The decision follows the board’s recommendation to vote against the proposal, citing Microsoft’s existing strategy of evaluating a diverse range of investable assets, including Bitcoin, as part of its broader investment framework. The proposal, titled “Assessment of Investing in Bitcoin,” was […]
Microsoft shareholders vote against company investing in bitcoin
Microsoft shareholders on Tuesday voted down a proposal that would’ve seen the tech giant explore investing in bitcoin as a means of diversifying its assets. The proposal, which was put forward by a conservative think tank known as the National Center for Public Policy Research, would have directed Microsoft’s board to conduct an assessment about […]
Google’s Quantum Success Won’t Threaten Bitcoin Security, Experts Say
Google has made a significant leap in quantum computing with the introduction of its new chip, Willow, which boasts 105 qubits of computational power. The chip can solve problems in under five minutes, which would take today’s most advanced supercomputers billions of years to compute. While the breakthrough is a monumental step forward for quantum computing, it […]
Can Quantum Computers Break Bitcoin? Google’s Latest Chip Sparks Fresh Debate
Google’s announcement of its breakthrough Willow quantum processor has reignited debates about crypto security, with some observers suggesting quantum computers could break Bitcoin’s encryption. The tech giant claims its new quantum computing chip can complete certain calculations in five minutes, which would take traditional supercomputers an impractical amount of time to process. Quantum computing is […]