Cryptocurrency

The launch of the spot Bitcoin (BTC 3.86%) exchange-traded funds (ETFs) in January was a landmark event. For good reason, the ETFs are widely seen as one of the primary catalysts behind Bitcoin’s triple-digit percentage gains this year. Tens of billions of dollars have flowed into these spot Bitcoin ETFs, and that has helped to push up the price of […]

The U.S. Securities and Exchange Commission (SEC) has approved the first crypto index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton. These funds will initially hold spot Bitcoin and Ether based on their market capitalizations, with an approximate weight of 80% Bitcoin and 20% Ether. Both ETFs are expected to launch in January. The Hashdex […]

El Salvador has agreed to scale back its crypto agenda in exchange for a $1.4 billion loan from the International Monetary Fund (IMF), marking a shift in the country’s quest to become a global cryptocurrency hub. After four years of negotiations, the IMF approved a $1.4 billion Extended Fund Facility loan to be disbursed over […]

Bitcoin faces a tough battle for support after a macro scare stopped the bull market in its tracks. Bitcoin BTC$95,871 price losses have passed $12,000 in two days, but crypto traders and analysts are now lining up even lower targets. BTC price analysis warns $90,000 “not the dip” Bitcoin panicked both retail and institutional investors with its drop […]

Bitcoin prices have been climbing this year thanks in part to President-elect Donald Trump’s messaging on creating a crypto-friendly administration ‒ including plans to stockpile the volatile digital currency. At a July conference, Trump said hanging onto the country’s bitcoin holdings would create “a permanent national asset to benefit all Americans” and help make the […]

Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin. “We’re not allowed to own bitcoin,” Powell said at a press conference following the Fed’s latest two-day policy meeting, in which policymakers cut rates as expected while […]

Many investors are likely still deciding whether to stay in bitcoin or reduce their profits from the last bull run to new all-time highs. So, after a strong year for bitcoin, it could be time for investors to weigh rebalancing their portfolio by shifting assets to align with other financial goals, according to financial experts. […]

The billionaire Michael Saylor, the executive chairman of enterprise software provider MicroStrategy (MSTR -9.52%), is a prominent Bitcoin (BTC -3.59%) bull. This view has worked out nicely for him after the world’s most valuable cryptocurrency has seen its price surge 151% in 2024 (as of the afternoon of Dec. 17). Saylor has positioned MicroStrategy to raise equity and debt capital in order […]

Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of wealth and build loyalty with crypto investors. Until recently, only a handful of luxury brands including LVMH (LVMH.PA), opens new tab watch labels Hublot […]

To the delight of many investors, Bitcoin (BTC -3.05%) finally breached the $100,000 mark in 2024. But as the year draws to a close, Bitcoin owners are left wondering what comes next. Could Bitcoin soar to even greater heights in 2025, or is this surge above $100,000 a short-lived phenomenon, setting the stage for a […]