Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions. Strategic Bitcoin Reserve: Michael Saylor’s Vision for America’s Digital Future Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR) and a leading bitcoin advocate, has highlighted the potential of a […]
Bitcoin exchange-traded funds (ETFs) reached a historic milestone, with a total net asset value of $ 100 billion across the 12 ETFs. Bitcoin ETFs Hit $ 100 Billion, Representing 5.4% of Bitcoin Market Cap Bitcoin’s rally to a record $ 95,000 high on Wednesday saw bitcoin ETFs also hit a historic milestone …
Over the past 14 days since Nov. 2, an eye-popping $ 9.736 billion has flowed into the stablecoin economy, adding to the $ 555 million boost recorded in October. Near Record Highs: Stablecoin Economy Grows Stablecoins have cemented their role as a powerhouse in the crypto world, holding immense value and influence. Over …
Bitcoin (BTC) surged to an all-time high of $ 93,481 today, marking a milestone as the cryptocurrency market surpassed a $ 3 trillion valuation. Record-Breaking Bitcoin Price Sparks $ 3 Trillion Milestone for Crypto Market The price of bitcoin (BTC) surged to a record high of $ 93,481 today, marking a …
Arthur Hayes predicts bitcoin could hit $ 1 million, driven by Trump’s massive credit expansion policies, which he argues will fuel inflation and push investors toward hard assets like BTC. Arthur Hayes Sees a Million-Dollar Bitcoin Amid Shifting US Policies Arthur Hayes, co-founder and former CEO of crypto exchange Bitmex, predicts bitcoin could surge …
Bitcoin soared past the $ 90,000 mark for the first time ever, spurred by fresh institutional investments and optimistic regulatory forecasts. Surging Past $ 90,000, Bitcoin Marks a New Era Bitcoin, the preeminent crypto asset, has shattered expectations by breaking the $ 90,000 barrier, achieving a historic new high. This monumental rise …
At precisely 2:30 p.m. ET on Friday, bitcoin reached a fresh all-time high on Bitstamp, hitting $ 77,112 per coin. This latest peak redefined bitcoin’s USD value once again. Trading in the mid-$ 76,500 range, bitcoin gained about 1% over the past 24 hours. Over the week, BTC has climbed 10.7%, showing a …
In a historic night for crypto markets, bitcoin has blown past its previous all-time high (ATH) numbers, reaching $ 75,000 on several exchanges. This price action comes on the heels of several favorable announcements supporting the possible victory of former President Donald Trump in the U.S. elections, as his chances of winning the presidential …
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension Schemes Cartwright, a pension specialist for defined benefit and hybrid schemes, announced a pioneering bitcoin investment in a UK pension […]
The Central Bank of Argentina has opened its doors to host a cryptocurrency-themed art exhibition for the first time. The show, titled “Art, Artificial Intelligence and the Future of the Economy,” includes a series of bitcoin mining machines, several spheres that display ether and bitcoin prices, and another sphere filled with destroyed physical money. Alberto […]
QCP Capital analysts have noticed a significant rise in bitcoin (BTC), comparing it to similar patterns seen before past U.S. elections. Their latest report delves into the influence of historical price movements, current market dynamics, and upcoming events on the cryptocurrency’s future course. QCP Capital Eyes Bitcoin’s Election-Year Rally Potential In its latest review, QCP […]
The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once peaking at over 21% in 1999, the U.S. has seen a steady decline, with China now commanding a larger share at 18.76%. This downward trend […]
A U.S. district court has ordered FTX and Alameda Research to pay $ 12.7 billion to fraud victims due to their misuse of customer funds and fraudulent practices. Ian McGinley, Director of the Commodity Futures Trading Commission’s Division of Enforcement, emphasized that this multibillion-dollar recovery is the largest recovery in CFTC history. FTX and …
On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $ 55,742 and $ 57,607. This lower price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily value of 1 petahash per second (PH/s), also referred to as the hashprice, to drop below $ 36 two days prior. …
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin Fee Revenue Drops 75%, Hashrate Slides 48 EH/s […]