Cryptocurrency

When President Nayib Bukele promised that bitcoin would be accepted everywhere in El Salvador, it seemed like a glimpse into the future—a world where cryptocurrency would be woven into everyday life. But after a week there, I found a different reality. Not a single business accepted my bitcoin. In September 2021, El Salvador became the […]

Bitcoin, Gold Prices Poised for Upside? JPMorgan Weighs Trump-Driven Potential JPMorgan analysts, led by managing director Nikolaos Panigirtzoglou, indicated in a Wednesday report that a possible Donald Trump win in the upcoming U.S. presidential election could enhance retail interest in bitcoin and gold. They noted: Retail investors appear to be embracing the ‘debasement trade’ in […]

MicroStrategy Inc. has hired banks to help it raise $42 billion through the sale of new shares and fixed income to buy more Bitcoin after a flurry of deals over the past year. The enterprise software maker, co-founded by Chairman Michael Saylor, hired a handful of banks to sell stock through a so-called at-the-market offering […]

As the crypto market maintains its bullish strength, many key metrics of Bitcoin have been demonstrating strong and optimistic trends in recent weeks, which could impact prices positively, suggesting a promising outlook for BTC in the upcoming days. A Strong Growth In Bitcoin Futures Premium Bitcoin‘s futures annualized premium, a crucial metric that often gives bullish signals, […]

BlackRock’s spot Bitcoin exchange-traded fund (ETF) has surpassed $30 billion in holdings, reflecting increasing demand for the world’s leading cryptocurrency. The world’s largest asset manager reached the $30 billion mark less than 10 months after launching its Bitcoin ETF, which began trading on Jan. 10. BlackRock currently holds more than 417,000 Bitcoin BTC$72,326 worth over $30.4 billion […]

Bitcoin (BTC) surged to within a few dollars of a fresh all-time high price during U.S. trading hours Tuesday, rising to as much as $73,500 before pulling back a bit. The record high of $73,798 was touched on March 14 of this year. At press time, the world’s largest crypto was trading at $73,000, up 4.6% over […]

Florida chief financial officer Jimmy Patronis wants the agency that manages the state’s retirement funds to consider investing in Bitcoin — joining a growing number of American states adding crypto to their portfolios. “Bitcoin is often called ‘digital gold,’ and it could help diversify the state’s portfolio and provide a secure hedge against the volatility […]

Asia shares eased on Wednesday on the back of weakness in China, as investors brace for a tightly contested U.S. election that could have huge ramifications for the world’s second-largest economy, even as Beijing tries to shore up growth. Gold rose to an all-time high as jitters over the close U.S. presidential race supported the yellow metal, while bitcoin […]

Bernie Moreno, the Republican Party candidate for the United States Senate race in Ohio, reportedly claimed to have sold his Bitcoin BTC$69,887 holdings in an apparent attempt to push back against potential conflicts of interest with support from the cryptocurrency industry. According to an Oct. 28 Cleveland.com report, Moreno said he was “proud” to have the support of the […]

Bitcoin’s BTC$69,940 price opened the week with a show of strength by attacking the $69,000 level, but should traders expect a push to new all-time highs before the end of today’s trading session? The $69,000–$70,000 zone continues to be a resistance cluster, a fact illustrated by the sell walls (red line above BTC price) shown on the […]