Despite recent geopolitical tensions impacting Bitcoin’s price, history shows it tends to recover quickly. Events like the ongoing Israel-Gaza war and Russia’s involvement in Ukraine have led to short-term price dips, such as an 8.4% drop after an Iran-Israel attack in April 2024. However, experts believe Bitcoin often bounces back within 50 days and may ...
Bitcoin has seen a surge in price, recently hovering around $90,000 and nearing the significant $100,000 mark after an increase linked to the recent presidential election. Experts attribute this rise partly to anticipated friendlier regulations under Donald Trump’s administration, as well as concerns about inflation. Bitcoin is regarded as the most prominent cryptocurrency, operating independently ...
Bitcoin is experiencing significant growth in November, posting a remarkable 38% increase following Donald Trump’s election win. This surge brings Bitcoin close to the intriguing $100,000 mark. The rally is attributed to renewed investor confidence in the cryptocurrency Market, especially as Trump promises to bring clearer regulations and support for digital assets during his presidency. ...
This article is written by The Asian Investor, who specializes in high-risk, high-reward investment opportunities, particularly in technology markets. With a focus on companies exhibiting significant long-term growth potential, the author’s portfolio includes notable names like Bitcoin, Tesla, Google, Amazon, and Nvidia. The Asian Investor is committed to sharing personal insights and has disclosed a ...
Justin Sun, a cryptocurrency entrepreneur, recently made headlines after purchasing a conceptual artwork featuring a banana duct-taped to a wall for $6.2 million. During a press conference at a luxury hotel in Hong Kong, Sun peeled the banana off and enjoyed it, claiming it tasted better than usual. The artwork, titled “Comedian” by Italian artist ...
Justin Sun, a cryptocurrency entrepreneur, made headlines when he purchased a piece of conceptual art featuring a banana duct-taped to a wall for $6.2 million. In a press conference at The Peninsula Hong Kong, he peeled off the tape and tasted the banana, proclaiming it better than others. The artwork, titled “Comedian” by Maurizio Cattelan, ...
Justin Sun, a cryptocurrency entrepreneur, made headlines after purchasing Maurizio Cattelan’s controversial art piece, a banana taped to a wall, for $6.2 million. In a unique move, Sun peeled off the duct tape and ate the banana during a press conference at The Peninsula hotel in Hong Kong. He described the banana as tasting “much ...
Jay Zagorsky, a former adviser at the Boston Federal Reserve, emphasizes the advantages of physical cash over digital alternatives. He argues that using cash can significantly benefit society, personal savings, and security. Zagorsky believes that cash encourages people to manage their finances better and helps them to save more, as it is more tangible than ...
Russia’s Federation Council has approved an important cryptocurrency tax bill, marking a significant step in regulating digital assets in the country. Set to come into effect after President Vladimir Putin’s signature, the law introduces a maximum tax rate of 15% on Bitcoin and other digital currencies, aligning them with securities income taxes. Also, mining operations ...
MicroStrategy, once known for its software, has transformed into a major player in the bitcoin Market, raising an astounding $42 billion in equity and debt while holding nearly 2% of all bitcoins. The company’s strategy involves selling shares and convertible bonds to invest in bitcoin, which boosts its stock price and creates a cycle of ...
