Articles for category: Crypto

December 5, 2024

Maximize Returns with a 20/80 Bitcoin and Gold Investment Strategy: Insights from Thomas Vato’s Market Analysis

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. ...

December 5, 2024

Market News

Crypto

MicroStrategy Boosts Crypto Stocks as Bitcoin Surges Past $100,000 for the First Time

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 ...

December 5, 2024

Market News

Crypto

Bitcoin Reaches $100,000 as Trump Appoints Cryptocurrency Advocate to Lead Financial Watchdog Agency

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 ...

December 5, 2024

Market News

Crypto

Bitcoin Hits $100,000: What Does This Milestone Mean for Investors and the Future of Cryptocurrency?

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, ...

December 5, 2024

Market News

Crypto

Bitcoin Hits $100,000 Milestone: All-Time High Achieved During Trump’s Advocacy for Cryptocurrency

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 ...

December 5, 2024

Market News

Crypto

Mt. Gox Transfers $2.8 Billion in Bitcoin as Price Surges to $100,000: What Investors Need to Know

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 ...

December 5, 2024

Market News

Crypto

Bitcoin Exceeds $100,000 Amid Trump-Inspired Rally: What Investors Need to Know

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 ...

December 5, 2024

Market News

Crypto

Cryptocurrency Ownership Trends in Central Asia: Latest Report Highlights Growing Adoption and Investment Opportunities

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 ...

December 5, 2024

Market News

Crypto

Bitcoin Surges Past $100,000 While Australian Dollar Struggles and ASX Gains Momentum in Financial Markets

In today’s Market update, the ASX 200 is up by 0.3%, reaching 8,491 points, while the Australian dollar has slightly increased to 64.33 US cents. Notable movements include Bitcoin surging 3.2% to hit $101,000, significantly influenced by Donald Trump’s new SEC pick, Paul Atkins, seen as friendly to cryptocurrency. Meanwhile, BHP’s president is advocating for ...

December 5, 2024

Market News

Crypto

Bitcoin Hits Major Milestone Following Trump’s Election Victory: What This Means for Investors and the Crypto Market

Bitcoin (BTC) has reached an impressive milestone of $100,000, marking a significant increase in value over the past month. This surge follows the recent win of President-elect Donald Trump. In 2024 alone, Bitcoin’s value has more than doubled, largely due to the U.S. Securities and Exchange Commission allowing cryptocurrency to be traded through exchange-traded funds. ...