Cardano founder Charles Hoskinson has expressed a positive outlook for Bitcoin, predicting it could reach $250,000 by the end of 2025 despite economic turbulence from President Trump’s tariffs. He believes the impact of these tariffs will be less severe than expected, attributing this to a global willingness to negotiate and the eventual stabilization of markets. ...
Over the last ten years, the issuance of Tether’s USDT stablecoin has closely followed Bitcoin’s price patterns, with more coins being minted during Bitcoin’s price increases and burned during price drops. Whale Alert’s data illustrates this correlation, showing how USDT’s supply impacts liquidity in the crypto Market. Analysts note that although large USDT mints often ...
Bitcoin is experiencing a surge after President Donald Trump’s speech at the Digital Asset Summit in New York, where he promised to make the U.S. the leading nation for cryptocurrency. Following recent volatility, Bitcoin reclaimed some ground, climbing to $86,000 after falling to $79,000. Last year, it even hit highs of $100,000 before a significant ...
Former Congressman Wiley Nickel emphasizes the need for Congress to enact permanent crypto regulations, arguing that only through bipartisan efforts can impactful legislation be established. In a recent interview, he highlighted the instability of executive orders, which can easily be reversed by future administrations. He cited President Trump’s past executive actions on digital assets as ...
The recent disappointment regarding the US Strategic Bitcoin Reserve highlights unrealistic expectations from investors, say experts. President Trump’s executive order on March 7 allows the government to use seized Bitcoin rather than purchasing it from the Market. This led to a shock drop in Bitcoin’s price, falling over 6%. Experts believe this cautious approach aligns ...
On March 7, US President Donald Trump will hold the first White House Crypto Summit to engage industry leaders in discussions about cryptocurrency regulations, stablecoin oversight, and Bitcoin’s role in the US economy. The summit, led by White House crypto czar David Sacks and executive director Bo Hines, will feature prominent figures from the crypto ...
Bybit, a prominent cryptocurrency exchange, has recently suffered a massive cyber theft, losing around $1.5 billion in crypto tokens, marking one of the largest hacks in the industry. This incident follows the end of Bybit’s sponsorship with Red Bull Racing, which had elevated its brand in the Formula 1 scene. Despite averaging over $36 billion ...
The Nigerian government is moving towards taxing cryptocurrency transactions to boost revenue, with a new tax framework bill expected to be approved soon. The Securities and Exchange Commission (SEC) is working on establishing a formal taxation system for crypto transactions on regulated exchanges while also aiming to issue more licenses to these platforms. This initiative ...
Bitcoin has seen an incredible surge in value recently, breaking past $100,000 in December 2024, and industry experts are optimistic about its future. With Donald Trump’s election win leading to expectations of a more favorable regulatory environment for cryptocurrencies, analysts predict Bitcoin could reach new highs in 2025, with estimates ranging from $150,000 to $250,000. ...
Donald Trump’s recent election led to a surge in cryptocurrency prices, with Bitcoin reaching record highs. However, this momentum is now fading, and Bitcoin’s price has dropped significantly. The excitement stemmed from the belief that Trump’s policies would favor cryptocurrencies, contrasting with President Biden’s stricter regulations. Trump’s leadership choices, including pro-crypto figures, further fueled speculation. ...
