The cryptocurrency Market is booming, fueled by Trump’s recent election victory. The total value of all cryptocurrencies reached an astounding $3.8 trillion, with major coins like XRP rising 362%, Dogecoin up 139%, and Bitcoin climbing 41%. Investors are optimistic about a friendlier regulatory environment under the new administration, especially with pro-crypto appointments like Paul Atkins ...
Cathie Wood, CEO of Ark Invest, believes Bitcoin could reach a staggering $3.8 million by 2030. If her projections hold, a $100 investment in Bitcoin today could turn into significant returns, ranging from approximately $266 in a bear case to nearly $3,914 in a bullish scenario. As Bitcoin recently crossed the $100,000 mark, Wood’s long-term ...
In 2024, despite Bitcoin’s price falling below $100,000, it has surged over 120%, boosting Coinbase’s stock by 80% year-to-date. As the leading cryptocurrency exchange in the U.S., investors view Coinbase as a potential buy-the-dip opportunity, especially with its recent stock decline of 9%. Coinbase’s Q3 earnings showed remarkable growth, with sales reaching $1.2 billion, up ...
Bitcoin has seen a remarkable surge, reaching as high as $103,000 following the election of President-elect Donald Trump. This increase, which marks over a 40% rise since November, is largely driven by expectations of a favorable regulatory environment for cryptocurrencies under Trump’s administration. Trump celebrated this milestone on his social media platform, expressing support for ...
