Cryptocurrency

The success of spot price Bitcoin exchange-traded funds in 2024 has helped spawn some new creative spinoffs. These proposed hybrid ETFs aim to further integrate Bitcoin into traditional finance to the next level by combining it with established assets like Nasdaq stocks, gold, and corporate bonds tied to Bitcoin-focused companies like MicroStrategy. ProShares proposed three […]

CryptoQuant CEO and founder Ki Young Ju said that President-elect Donald Trump’s Bitcoin BTC$95,065 policies likely depend on the perceived strength of the United States economy and the US dollar by the global investment community. Ju argued that store-of-value assets like Gold and BTC surge in price when investors perceive threats to US economic hegemony. However, investors […]

Now that Bitcoin (BTC 0.72%) has broken through the $100,000 price level, it’s understandable why many investors are wondering just how much higher the world’s most popular cryptocurrency can go. Bitcoin is now up about 115% for the year and about 500% during the past two years. During the past decade, Bitcoin is up a mind-boggling 28,500%. At some point, the […]

Russian companies are increasingly using Bitcoin and other digital currencies for international payments in response to Western sanctions, Reuters reported on Dec. 25. Once key facilitators of Russia’s trade, Chinese banks have significantly curtailed transactions over fears of losing access to U.S. financial markets. By mid-2024, roughly 80% of Russian payments in Chinese yuan were […]

A Bitcoin rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus from President-elect Donald Trump’s embrace of the cryptocurrency sector. The largest token changed hands at $94,673 as of 11:38 a.m. Friday in New York, partly paring a retreat of almost 3% from […]

According to David Lawant of FalconX, Bitcoin is on track to experience the largest options expiry to date. As noted by the anayst, there is a whopping $15 billion of option interest on the line. This sum represents 43% of the total current option interest. This expiry would also be three times larger than the […]

Bitcoin has declined by 15% a week after establishing its record high of around $108,365, according to data from Bitstamp. The cryptocurrency may fall further in the coming weeks due to a sharply recovering Tether market dominance. USDT.D versus BTC/USD weekly performance chart. Source: TradingView Tether dominance signals “huge dump” in Bitcoin markets According to […]

As Donald Trump prepares to fulfill a lengthy list of campaign promises, the president-elect’s vow to ensure that all remaining Bitcoin is “made in the USA” may prove to be one of the most challenging to keep. Trump made the pledge in a post on his Truth Social account in June after meeting at Mar-a-Lago […]

Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday. Sanctions have complicated Russia’s trade with its major partners such as China or Turkey, as local banks are extremely cautious with Russia-related […]

With much of the globe celebrating Christmas, bitcoin (BTC) quietly appeared set to retake the $100,000 level after having fallen to below $93,000 just ahead of the holiday. The rally, however, stalled at just above $99,800 as Asia opened for business on Thursday morning and declined rapidly to roughly $95,000 only a few hours later. […]