Nvidia has become a top tech stock, soaring 192% this year and 2,547% over the last five years. However, billionaire investor Israel Englander from Millennium Management has recently reduced his Nvidia shares by 12.5% while boosting his Bitcoin investments by 120%. He bought millions in the iShares Bitcoin Trust, a leading Bitcoin ETF. This move ...
Bitcoin has reached an all-time high of $100,000, reflecting a surge in cryptocurrency interest since Donald Trump’s election. Despite previously labeling Bitcoin a “scam,” Trump has embraced the crypto culture during his re-election campaign, becoming the first president to speak at a Bitcoin conference. He expressed his desire for the U.S. to become the “crypto ...
Bitcoin, the leading cryptocurrency, has long been a topic of debate, often criticized for its volatility and association with illegal activities. Despite this, it recently crossed the $100,000 mark, bolstered by support from advocates like Michael Saylor and even Federal Reserve Chair Jerome Powell, who likened it to digital gold. While Bitcoin faces challenges, such ...
Ethereum-based ETFs have seen a significant boost, recording $1.3 billion in inflows recently, with $83.3 million reported on December 6 alone. This marks ten consecutive days of positive inflows and the longest streak since Ethereum ETFs launched in July 2024. The rise in interest comes as Ethereum’s price surpassed $4,000, reflecting a more than 10% ...
Bitcoin, Ethereum, and Ripple are currently facing important resistance levels, suggesting potential pullbacks in the near future. Bitcoin has shown bearish momentum on its RSI after reaching a new all-time high, which could lead to a drop towards support levels around $90,000. Ethereum is encountering resistance at $4,000, and if this level holds, it might ...
On December 11, the U.S. Senate Banking Committee will vote on renominating Caroline Crenshaw, an SEC commissioner known for her strong opposition to cryptocurrencies. Crypto advocates are concerned about her potential reelection, especially after her dissent against Bitcoin exchange-traded funds, which she labeled “unsound.” Critics argue that Crenshaw’s stance is even more anti-crypto than that ...
A group of shareholders from Amazon is pushing for the company to invest at least 5% of its assets into Bitcoin. This proposal, led by the National Center for Public Policy Research, suggests that Bitcoin has performed better than traditional investments like corporate bonds in recent years. The shareholders believe that adding Bitcoin to Amazon’s ...
Bitcoin is facing challenges in breaking the significant $100,000 mark, with strong selling pressure from large holders causing a consolidation phase. Despite a remarkable rise from $25,000 earlier this year, recent Market dynamics have led to caution among investors. Meanwhile, Dogecoin is approaching $0.5, but a drop below its current ascending channel could signal a ...
A global think tank has suggested that Amazon should include Bitcoin in its strategic reserve by next year. The National Center for Public Policy Research claims that adding Bitcoin could help Amazon protect its $88 billion in cash and equivalents from inflation. With the U.S. inflation rate peaking at 9.1% in mid-2022, traditional assets like ...
Hailey Welch, known for her viral “Hawk Tuah” video, is facing allegations of a cryptocurrency scam that has resulted in rumors about her death. Although several social media accounts claim she has passed away at 22, there has been no official confirmation. The speculation ramped up due to her sudden silence on social media in ...
