Bitcoin has hit a significant milestone, reaching $100,000 and its Market cap exceeding $2 trillion. This surge is largely driven by growing investor optimism, boosted by President-elect Donald Trump’s supportive attitude toward cryptocurrencies and the appointment of Paul Atkins as the new SEC chairman. With Bitcoin now outperforming major companies and the economies of countries ...
Worksport Ltd., a New York-based manufacturer focused on hybrid and clean energy solutions, is making a notable shift in its financial strategy by investing in cryptocurrencies like Bitcoin and XRP. The company plans to allocate up to $5 million, or 10% of its excess operational cash, towards these digital assets. This move aims to enhance ...
Since 2015, a combined investment strategy of Bitcoin and gold significantly outperformed the S&P 500, turning an initial $100,000 investment into $1,774,402 over ten years, compared to just $330,287 from the index. This approach achieved an impressive 33.97% annualized return, despite higher volatility risks. The portfolio saw only three negative years, indicating strong growth consistency. ...
Cryptocurrency stocks saw a significant rise in premarket trading as Bitcoin’s price jumped over $100,000 for the first time. Companies like MicroStrategy, Robinhood, and Coinbase experienced substantial gains, with MicroStrategy’s stock up 6.1% due to its heavy investment in Bitcoin. Since 2020, MicroStrategy’s value has soared more than 2,700%. This year alone, it’s up nearly ...
Bitcoin has hit a record high of over $100,000, fueled by Donald Trump’s recent presidential team nomination. As of early today, the cryptocurrency reached a value of $103,280, marking a significant 7.9% increase in just 24 hours. This surge began on November 5, coinciding with the U.S. election, leading to a total rise of around ...
Discover the latest insights in crypto with Roula Khalaf’s newsletter, where she curates essential stories, including Bitcoin’s recent surge to $100,000. While traditional valuation methods for Bitcoin leave many puzzled, a quirky approach using tarot cards offers a fun twist. The tarot readings shed light on Bitcoin’s past, present, and future, reflecting themes of expansion, ...
On December 5, 2024, Bitcoin, the leading cryptocurrency, has made history by surpassing the $100,000 mark for the first time. This significant achievement is driven by a surge of investor confidence, largely due to incoming President Donald Trump’s support for the cryptocurrency Market. His recent nomination of crypto advocate Paul Atkins as the new head ...
Mt. Gox, the infamous cryptocurrency exchange, has transferred 27,871 Bitcoin, valued at approximately $2.8 billion, amid ongoing compensation claims from creditors. The majority of this amount, over 24,000 BTC, was sent to an undisclosed wallet while Bitcoin’s price recently hit a significant milestone of $100,000. As the exchange continues to resolve outstanding claims, it has ...
Bitcoin reached $100,000 for the first time on December 5, a significant milestone attributed to the recent election of President Donald Trump and his nomination of Paul Atkins, a crypto-friendly figure, as head of the Securities and Exchange Commission. Over the past month, Bitcoin’s price has surged more than 40%. Trump’s administration is expected to ...
Kazakhstan’s cryptocurrency ownership has surged over the past two years, rising from 4% in 2022 to an estimated 8% in 2024. This growth is highlighted in a report by RISE Research and Freedom Horizons, which examines digital assets in Central Asia and the Caucasus. Supported by major organizations like the Astana International Financial Centre, the ...
