Bitcoin has hit a new record, crossing the $107,000 mark for the first time recently, reflecting a significant surge in investor confidence. This optimism is driven by discussions around a potential national bitcoin reserve and anticipation of a Federal Reserve interest rate cut. Some experts predict that bitcoin’s price could soar to $500,000 by 2025, ...
The U.S. dollar is gaining strength ahead of important central bank meetings this week, approaching a three-week high against major currencies. Analysts expect the Federal Reserve to announce a quarter-point rate cut with a 97% likelihood during its upcoming meeting. This rise in the dollar comes despite recent economic indicators suggesting a shift in the ...
MicroStrategy’s stock, MSTR, saw a nearly 5% increase on Monday following news of the company’s recent bitcoin purchase and its upcoming inclusion in the Nasdaq 100 index. The software firm bought an additional 15,350 bitcoins for $1.5 billion, bringing its total holdings to around 440,000 bitcoins, making it the largest corporate investor in the cryptocurrency. ...
MicroStrategy’s stock saw a nearly 5% increase on Monday, following the company’s announcement of a significant bitcoin purchase and its upcoming entry into the Nasdaq 100. The company acquired 15,350 bitcoins for $1.5 billion, boosting its total holdings to approximately 440,000 bitcoins, making it the largest corporate bitcoin investor. Recent Market dynamics, including Bitcoin’s surge ...
The UK Financial Conduct Authority (FCA) is asking the public for feedback on its initiative to enhance transparency in the country’s cryptocurrency markets. This effort follows the release of a discussion paper aimed at shaping future rules regarding crypto-asset admissions, disclosures, and Market abuse. The FCA is focused on creating a fair and balanced regulatory ...
The United Kingdom’s Financial Conduct Authority (FCA) is asking for public feedback on its efforts to enhance cryptocurrency Market transparency. This initiative follows a discussion paper released by the FCA, which aims to develop rules for how crypto-assets are admitted and disclosed, as well as to address Market abuse in the sector. The FCA’s goal ...
El Salvador’s Central Reserve Bank has officially granted Bitget a Bitcoin Service Provider license, allowing the exchange to offer Bitcoin services like converting to fiat, processing payments, and managing custody. This move positions El Salvador as a key player in Latin America’s crypto innovation. Bitget is also seeking a Digital Assets Service Provider license to ...
Donald Trump, set to take office as President again, may issue an Executive Order to create a Strategic Bitcoin Reserve. This plan involves using the Treasury’s Exchange Stabilization Fund, which has over $200 billion in assets, to purchase Bitcoin. Trump’s allies, including Senator Cynthia Lummis, support this initiative, aiming to accumulate significant Bitcoin reserves for ...
Donald Trump is reportedly considering an Executive Order to create a Strategic Bitcoin Reserve (SBR) through the Treasury’s Exchange Stabilization Fund. This fund, which has over $200 billion in assets, is usually used to stabilize the dollar during financial crises. If enacted, this move would put the U.S. at the forefront of a global trend ...
Bitcoin has captured investor interest once again, soaring past $106,000 to reach a new all-time high. This remarkable increase of over 50% since Donald Trump’s presidential win in November is fueled by optimism surrounding bitcoin-friendly policies. Institutional demand, particularly through bitcoin exchange-traded funds (ETFs), has been a significant driver, with more than $2 billion in ...
