Articles for tag: Bitcoin, Cryptocurrency, Digital Assets, Donald Trump, economic stability, job growth, SEC

December 7, 2024

Market Insights: Tech Stocks Surge, Inflation Concerns Rise, and Rising Interest Rates Impact Consumer Spending This Week

Bitcoin has reached a remarkable milestone, surpassing the $100,000 mark for the first time, marking a significant victory for investors in the cryptocurrency space. This increase of over 50% in just two months reflects growing confidence in digital assets, bolstered by President-elect Donald Trump’s commitment to reducing regulations in the crypto Market. His nomination of ...

December 7, 2024

Market News

Crypto

Bitcoin Reaches $100k: Key Factors Behind the Historic Surge in Value and Market Trends

Bitcoin has reached a new high, surpassing $100,000, driven by investor optimism surrounding the incoming Trump administration’s pro-crypto stance. Following the recent election, Bitcoin’s value soared over 44% in just a month, reflecting increased legitimacy and enhanced Market interest. Trump’s administration is expected to ease cryptocurrency regulations, especially with appointments of key figures advocating for ...

December 7, 2024

Market News

Crypto

Czech Republic Abolishes Capital Gains Tax on Bitcoin Held for Three Years: A Boost for Crypto Investors

The Czech Republic is set to exempt Bitcoin held for more than three years from capital gains tax starting in 2025. This new law was approved by the parliament and focuses on individuals, provided their total gross income from crypto asset sales does not exceed CZK 100,000 within a tax year. However, to qualify for ...

December 7, 2024

Market News

Crypto

Cryptocurrency Market to Increase by USD 34.5 Billion by 2028 Driven by Digital Asset Investments and AI Innovations

The global cryptocurrency Market is set to grow by USD 34.5 billion from 2024 to 2028, with an annual growth rate of 16.64%. This expansion is driven by increasing investments in digital assets and growing acceptance of cryptocurrencies by retailers. Major companies like Starbucks and Tesla are beginning to embrace cryptocurrencies for everyday transactions, enhancing ...

December 7, 2024

Market News

Crypto

Cryptocurrency Market to Increase by USD 34.5 Billion by 2028 Driven by Digital Asset Investments and AI Innovations

The global cryptocurrency Market is expected to grow by USD 34.5 billion from 2024 to 2028, driven by increasing investments in digital assets and growing acceptance among retailers. During this period, the Market is projected to grow at an average rate of 16.64% per year. While major players like Binance and Coinbase dominate the scene, ...

December 7, 2024

Market News

Crypto

Cryptocurrency Market Set to Grow by USD 34.5 Billion by 2028, Fueled by Digital Asset Investments and AI Innovation

According to Technavio, the global cryptocurrency Market is set to grow by USD 34.5 billion between 2024 and 2028, with a compound annual growth rate (CAGR) of 16.64%. This growth is fueled by increased investment in digital assets and more retailers accepting cryptocurrencies for transactions. However, the Market faces challenges due to significant volatility in ...

December 7, 2024

Market News

Crypto

US Spot Bitcoin ETFs Surpass Satoshi Nakamoto, Claiming Title of World’s Largest Bitcoin Holder in Historic Shift

In a significant milestone for the cryptocurrency Market, US spot Bitcoin ETFs have overtaken Satoshi Nakamoto’s holdings, amassing around 1,104,000 BTC. This marks them as the largest collective holder of Bitcoin worldwide. This major event reflects the growing interest from investors looking to gain regulated exposure to Bitcoin, particularly since these ETFs are relatively new ...

December 6, 2024

Market News

Crypto

Czech Republic HODLers: Enjoy Zero Capital Gains Tax on Bitcoin from January 2024 for Long-Term Investments

The Czech Republic has approved a new amendment that allows individuals to exempt certain income from cryptocurrency transfers from personal taxation, starting January 1, 2025. To qualify for this exemption, individuals must ensure their gross annual income from crypto transactions does not exceed CZK 100,000 and that they hold the digital assets for more than ...

December 6, 2024

Market News

Crypto

Trump Celebrates Bitcoin Surge to $100,000: “You’re Welcome” to Investors Amid Crypto Milestone

Bitcoin has made headlines by surpassing the $100,000 mark for the first time, reaching a peak of $103,800. This surge coincided with Donald Trump’s nomination of Paul Atkins as the new head of the U.S. Securities and Exchange Commission. Trump, who once dismissed cryptocurrencies as a scam, now supports digital currencies, celebrating the milestone on ...

December 6, 2024

Market News

Crypto

Bitcoin Dips Below $92K Amid $1 Billion in 24-Hour Liquidations: What Investors Need to Know

Bitcoin’s price briefly fell below $92,000, marking a steep decline of over 10% from its record high. This sudden drop caused more than $1 billion in liquidations across the cryptocurrency Market within just 24 hours, with the majority coming from long positions. However, Bitcoin quickly bounced back to around $96,500, indicating strong demand despite the ...