Bitcoin has recently achieved a record high against gold, with the BTC-to-gold ratio reaching 32.19 ounces of gold per Bitcoin, as noted by trader Peter Brandt. This indicates Bitcoin’s growing status as a valuable asset. Brandt suggests that Bitcoin could further rise to 89 ounces of gold in the future, aligning with predictions that it ...
Bitcoin has soared past $107,000, driven by optimism following U.S. President-elect Donald Trump’s promise to create a Bitcoin strategic reserve akin to the country’s oil reserves. This news has excited cryptocurrency investors, leading to a 5.43 percent increase in Bitcoin’s value. Analysts note that the Market is looking toward the next milestone of $110,000, as ...
Bitcoin reached a new all-time high of over $106,000 as investors anticipated a likely interest rate cut from the Federal Reserve. This rally saw Bitcoin rise by more than 4%, while Ether also gained 4%, approaching the $4,000 mark. The overall cryptocurrency Market, represented by the CoinDesk 20 index, also recorded a 4% increase. Despite ...
Despite Bitcoin recently surpassing $100,000, many people are still hesitant about investing in cryptocurrency due to its volatility. The iShares Bitcoin Trust offers a straightforward option for those looking to invest in Bitcoin without the complexities of managing a cryptocurrency wallet or exchange. As a dedicated spot Bitcoin ETF from BlackRock, it exclusively invests in ...
Despite Bitcoin recently hitting a new high over $100,000, many remain hesitant about investing in cryptocurrency due to its volatility. The iShares Bitcoin Trust offers a straightforward way for investors to gain exposure to Bitcoin without the complexities of managing crypto wallets or exchanges. This spot Bitcoin ETF invests directly in Bitcoin and has quickly ...
Despite Bitcoin reaching a record price of over $100,000, many are hesitant about investing in cryptocurrencies due to their volatility. For those open to taking on this risk, the iShares Bitcoin Trust, a popular exchange-traded fund (ETF), offers a straightforward way to invest in Bitcoin without the complexities of managing cryptocurrency wallets or exchanges. This ...
Cryptocurrency supporters are excited about President-elect Donald Trump’s focus on digital currencies. Bitcoin recently surpassed $100,000 again, driven by hopes that Trump’s administration will create a friendly environment for the crypto industry. Trump has appointed crypto advocates to key positions and expressed his desire to make the U.S. a “crypto capital.” This shift could lead ...
MicroStrategy is poised to join the Nasdaq 100 Index with an official announcement expected on December 13. This inclusion is projected to trigger approximately $2.1 billion in share purchases from ETFs that track the Nasdaq 100. As a result, MicroStrategy could rank as the 40th largest holding within the index, representing about 0.47% of its ...
Microsoft shareholders recently voted against the proposal to include Bitcoin in the company’s balance sheet. The board recommended this decision, emphasizing Microsoft’s strategy to explore a wide range of investable assets. This proposal, initiated by a conservative think tank, argued that Bitcoin is an excellent hedge against inflation. Rejecting Bitcoin would have positioned Microsoft alongside ...
Ray Dalio, a renowned investor and founder of Bridgewater Associates, shares his investment preferences, stating that while he has a small portion of his portfolio in cryptocurrency, he still favors gold. In a recent interview, Dalio highlighted concerns about crypto, such as privacy issues and its uncertain status as a hedge against inflation. He believes ...
