The recent announcement of a “Crypto Strategic Reserve” by former US President Donald Trump has sparked interest in cryptocurrency stocks, including Bit Digital Inc (NASDAQ: BTBT). This move aims to position the US as a leader in the crypto space, potentially involving government purchases of cryptocurrencies to bolster reserves. As investors look for safer ways ...
President Donald Trump is set to reveal a major change in U.S. cryptocurrency policy, including a proposal for a Bitcoin strategic reserve, according to Commerce Secretary Howard Lutnick. In an interview ahead of the first-ever White House crypto summit, Trump expressed his vision for Bitcoin and how other cryptocurrencies might be regulated. He believes that ...
Bitcoin’s recent downturn has worsened, hitting a three-month low of about $80,500, down nearly 25% from its mid-December peak. This decline follows a week of losses, fueled by investor caution amid volatility in global markets and uncertainty about the new U.S. administration’s trade policies. The situation was exacerbated by a significant $1.5 billion hack of ...
In 2025, investing in cryptocurrency is looking more promising than ever. Unlike earlier years, where investing felt like a gamble, now several factors suggest cryptocurrencies are here to stay. Major financial institutions are embracing crypto, making it a legitimate part of investment portfolios. Additionally, clearer regulations help ensure safer trading practices. With advanced technology and ...
Bitcoin is currently facing a critical juncture around the $100,000 mark, which could determine its trajectory in early 2025. While institutional investments suggest confidence, concerns loom as economist Eugene Fama warns of a potential collapse to zero. Positive sentiment has been fueled by Donald Trump’s pro-crypto stance, yet Bitcoin’s future relies heavily on broader adoption ...
Michael Saylor, the CEO of MicroStrategy, has shifted his views on Ethereum after previously criticizing it as an unregistered security. In a recent appearance on the Altcoin Daily YouTube channel, Saylor admitted his earlier mistakes, particularly after being influenced by former President Donald Trump’s support for the crypto community. He considered two potential futures for ...
Michael Saylor, the founder of MicroStrategy, has introduced a new framework aimed at integrating digital assets into the U.S. financial system. This framework is designed to provide regulatory clarity, governance standards, and promote interoperability, which could encourage more institutional investment in cryptocurrencies. Saylor envisions massive growth in digital currency markets and suggests that a strategic ...
Bitcoin is having a fantastic year in 2024, skyrocketing by 130% and recently surpassing $100,000. This rally stands out due to the launch of spot Bitcoin ETFs, which have attracted significant investor interest and have accumulated $53 billion in assets. The recent surge in ETF inflows indicates strong demand, likely providing stability to Bitcoin’s price. ...
The cryptocurrency Market is rapidly expanding, valued at USD 5.08 billion in 2023 and expected to reach USD 15.39 billion by 2032, growing at a CAGR of 13.13%. Key drivers of this growth include the rise of Decentralized Finance (DeFi) and significant institutional investments from companies like Tesla and MicroStrategy. Technological advancements, such as Ethereum’s ...
Bitcoin, the world’s most popular cryptocurrency, has experienced a significant drop in its price today, falling to $64k. This drop comes as the correlation between Bitcoin and tech stocks returns to the market. As an investor or someone interested in the world of cryptocurrencies, it’s essential to understand the factors that influence Bitcoin’s price and ...
