Bitcoin has recently achieved a new milestone, soaring to an all-time high of USD 106,000, surpassing its previous record from December 2024. This significant leap is largely attributed to the Bitcoin Halving event, which occurred in April 2024. Bitcoin Halving reduces the mining reward for Bitcoin, impacting supply and often leading to price increases. With ...
Ripple, a well-known blockchain company, is set to launch its stablecoin, Ripple USD (RLUSD), on December 17. This dollar-backed digital currency aims to enhance the use of stablecoins in global finance, especially with expected regulatory clarity following Donald Trump’s recent election. Initially, RLUSD will be available on platforms like Uphold and Bitso, with plans to ...
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 ...
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 ...
Bitcoin (BTC-USD) has captivated investors by soaring past $106,000, reaching record highs. This impressive rise is fueled by institutional interest and strong inflows into Bitcoin exchange-traded funds (ETFs), with over $2 billion hitting these funds last week alone. Since Donald Trump’s election, Bitcoin has surged over 50% as optimism builds around pro-crypto policies. Analysts predict ...
The cryptocurrency Market is experiencing significant change, fueled by increasing interest from institutional investors, particularly in Bitcoin and Ethereum. BlackRock is leading the charge by developing dedicated financial products, with their Bitcoin fund, IBIT, surpassing $54 billion in assets under management, and their Ethereum fund, ETHA, nearing $4 billion. This indicates a vast, untapped demand ...
Bitcoin has seen an incredible price increase of over 28,000% in the last decade, making it a popular investment option. Many cryptocurrency owners view it primarily as an investment, but it’s crucial to be cautious of scams and volatile prices. Bitcoin is considered one of the best cryptocurrencies, functioning as a digital version of gold ...
A recent report by Technavio highlights how artificial intelligence (AI) is transforming the cryptocurrency Market, which is expected to grow by USD 34.5 billion between 2024 and 2028, with a compound annual growth rate of 16.64%. Increased investments and the acceptance of digital currencies by retailers are driving this growth. However, the Market faces challenges ...
Bitcoin’s recent surge to new highs has revitalized the cryptocurrency Market, pushing its total Market cap to $1.49 trillion. Historically, Bitcoin often leads the way for altcoins, and this trend seems to be repeating itself. As investors increasingly turn to altcoins for greater profit potential, traditional altcoin projects are trying to regain footing after a ...
A special agent for the U.S. Secret Service in Phoenix, 32-year-old Anthony Joseph Evans, has pleaded guilty to stealing cryptocurrency from an evidence vault. He faces a maximum of one year in prison and will need to pay restitution. In early 2022, Evans accessed a hard wallet containing cryptocurrency worth about $56,000 and transferred it ...
