The people who won big at crypto – and those who didn’t
3 years, 6 months ago

The people who won big at crypto – and those who didn’t

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “I don’t think people should invest in it if they are not willing to be in it for the long term.” Cryptocurrencies can be volatile. “I understand it very well, and I think it’s a lot of hooey,” said a friend who used to run a large money management firm. “But I’m not worried, because it’s going to bounce back,” Michele said. Amy chimed in, “It’ll bounce back, but I think it’s going to take some time.” How do you know that?

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History of this topic

Crypto frenzy: With Bitcoin above $100,000, will ‘Hodlers’ have the last laugh?
1 week, 1 day ago

Crypto frenzy: With Bitcoin above $100,000, will ‘Hodlers’ have the last laugh?

Live Mint  

What is there to say with Bitcoin above $100,000 for those of us who thought $10,000 looked nuts? The flip-side of having no intrinsic value and a decentralized architecture with a huge energy footprint means that nobody uses Bitcoin to buy groceries, though: Only 7% of US consumers hold Bitcoin, and a survey published last month by the UK Financial …

Call to get crypto regulated as FCA reveals 7M Britons now own some
4 weeks, 1 day ago

Call to get crypto regulated as FCA reveals 7M Britons now own some

Daily Mail  

Around 7m British adults own cryptocurrencies such as bitcoin, the City watchdog revealed as it set out plans to regulate the industry. The number of crypto investors in the UK has increased from nearly 5m or 9 per cent of adults in 2021 to around 12 per cent of the population. The number of crypto investors in the UK has …

With bitcoin ticking closer to $100,000, here’s a refresher on cryptocurrency
1 month ago

With bitcoin ticking closer to $100,000, here’s a refresher on cryptocurrency

LA Times  

Bitcoin’s value rocketed more than 40% in just two weeks. Despite crypto’s recent excitement around Trump, McCarthy said that 2024 has already been a “hugely consequential year for regulation in the U.S.” — pointing to January’s approval of spot bitcoin exchange-traded funds, for example, which mark a new way to invest in the asset. Spot ETFs have been the dominant …

Bitcoin closes in on $100,000 as crypto analysts make bold 2025 prediction
1 month ago

Bitcoin closes in on $100,000 as crypto analysts make bold 2025 prediction

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The crypto market’s reaction to Trump’s victory follows an election campaign that saw the Republican candidate pledge …

'Trump time' for Bitcoin: How Donald Trump is sparking a crypto surge
Trending News
1 month, 1 week ago

'Trump time' for Bitcoin: How Donald Trump is sparking a crypto surge

India Today  

With Donald Trump’s return to power, the crypto world is buzzing with optimism and the possibility of Bitcoin reaching the $100,000 mark may come true. However, it’s essential for investors to remain cautious and avoid making decisions solely based on market trends or excitement.” Raj Karkara, COO of ZebPay, echoed these sentiments, stating that Bitcoin’s surge “underscores the growing confidence …

Bitcoin crosses $82,000 as Trump's return fuels optimism for crypto
Trending News
1 month, 2 weeks ago

Bitcoin crosses $82,000 as Trump's return fuels optimism for crypto

India Today  

Bitcoin crossed the $82,000 threshold for the first time on Monday, November 11, driven by renewed investor interest following Donald Trump’s re-election as US president. A higher premium suggests strong buying interest from US-based investors, potentially signalling institutional demand behind Bitcoin’s recent rally. BY THE NUMBER Bitcoin’s value has surged 94 per cent in 2024, boosted by a combination of …

Bitcoin hits record high after Trump’s decisive win
1 month, 2 weeks ago

Bitcoin hits record high after Trump’s decisive win

LA Times  

The price of a bitcoin soared to a record high of more than $87,000 on Monday, continuing its surge in value since Donald Trump’s decisive victory in the presidential election spurred excitement about the digital currency. “With the dust from Trump’s victory still settling down, it was only a matter of time before a run-up of some sort occurred given …

Bitcoin hits $80,000. Why Trump is boosting crypto
1 month, 2 weeks ago

Bitcoin hits $80,000. Why Trump is boosting crypto

CNN  

CNN — Bitcoin on Sunday hit a new record above $80,000. Although Trump was once a bitcoin skeptic, once saying it “was based on thin air,” he has fully embraced crypto in recent months — unlike the Biden administration, which has sought to rein in crypto. “It’s very young and very growing,” Trump said of the cryptocurrency industry on September …

Teenagers are taking a punt on high-risk crypto, warns FCA
3 months ago

Teenagers are taking a punt on high-risk crypto, warns FCA

Daily Mail  

More than 250,000 children aged 13 to 16 own cryptocurrencies, the city watchdog has warned. Financial Conduct Authority boss Nikhil Rathi sounded the alarm over increasing financial vulnerability among teenagers, with 8 per cent of 13- to 16-year-olds holding the high-risk asset. Crypto kids: FCA boss Nikhil Rathi sounded the alarm over increasing financially vulnerability among teenagers, with 8% of …

Crypto's New World Order: Who's Rising to the Top in 2024?
9 months, 1 week ago

Crypto's New World Order: Who's Rising to the Top in 2024?

Deccan Chronicle  

In 2024, the cryptocurrency landscape is undergoing significant shifts, with new players emerging and established leaders adapting to the evolving market dynamics. As the industry continues to mature, a new world order is taking shape, reshaping the power dynamics and influencing the future trajectory of digital assets. Projects like China's Digital Currency Electronic Payment and the European Central Bank's digital …

End Of Crypto-Winter? Bitcoin to rally up, touch $100,000 by 2024, says Standard Chartered
1 year, 7 months ago

End Of Crypto-Winter? Bitcoin to rally up, touch $100,000 by 2024, says Standard Chartered

Firstpost  

With the crypto winter coming to an end, Standard Chartered seems to have taken a bullish position on Bitcoin, the oldest and the largest cryptocurrency there is. Bitcoin, the world’s most valuable cryptocurrency, has the potential to reach a record high of $100,000 next year, according to Standard Chartered, which claims the so-called ‘crypto winter’ is ended. Also read: European …

What students need to know about cryptocurrency
1 year, 8 months ago

What students need to know about cryptocurrency

The Hindu  

The term cryptocurrency is relatively new in the world of Finance but it has already had a significant impact. Many cryptocurrency platforms use blockchain to manage and record transactions, where multiple entities maintain identical transaction records, making it a secure technology for any investments or transactions. Students should get involved with crypto and blockchain in the same way that people …

I told you so moment for Crypto | OPINION
2 years, 5 months ago

I told you so moment for Crypto | OPINION

India Today  

I had developed notoriety as a crypto basher, and therefore, as a consequence, I was widely labelled as a luddite, a technology illiterate and many other sobriquets. However, the US Dollar continues to be a store of value as it is backed by the massive US economy and its global trade, as well as the entire energy trade happening across …

Crypto meltdown is wake-up call for many, including Congress
2 years, 6 months ago

Crypto meltdown is wake-up call for many, including Congress

Associated Press  

NEW YORK — Meltdowns in the cryptocurrency space are common, but the latest one really touched some nerves. The Terra episode publicly exposed a truth long-known in the always-online crypto community: for every digital currency with staying power, like bitcoin, there have been hundreds of failed or worthless currencies in crypto’s short history. Politicians, crypto enthusiasts, and industry lobbyists all …

Cryptocurrency bubble risks exposed by Bitcoin's recent slide
3 years ago

Cryptocurrency bubble risks exposed by Bitcoin's recent slide

ABC  

They seem to be almost everywhere. How central banks are about to eat crypto's lunch Reserve Bank of Australia governor Phil Lowe is about as far removed from the world of grunge crypto as you could get. For years a critic of crypto, the RBA, like many major central banks, has nevertheless been exploring ways of applying the blockchain technology …

I've just started investing in cryptocurrency. Here's what I've learned
3 years, 5 months ago

I've just started investing in cryptocurrency. Here's what I've learned

ABC  

Cryptocurrency has never appealed to me. And in much the same way as I don't bet on the Melbourne Cup because I hate throwing money at things which I don't know enough about, putting money into crypto has always felt more like gambling to me than investing. Professor Ellie Rennie recommends setting up a digital wallet for when you are …

Bitcoin climbs to $US50,000 as 'crypto bubble' surges to 'insane' levels
3 years, 10 months ago

Bitcoin climbs to $US50,000 as 'crypto bubble' surges to 'insane' levels

ABC  

For years, Adam Malolepszy had resisted the urge to bet on cryptocurrency, telling his friends it was a "bubble waiting to burst". Key points: Bitcoin climbed above $US50,000 on February 16 It surged to record highs after endorsements by Tesla, Paypal, Square, Mastercard and BNY Mellon Tesla CEO Elon Musk warned that cryptocurrencies should be treated as "speculation" Then in …

Bitcoin is surging to record highs on 'FOMO' and Joe Biden stimulus bets
3 years, 11 months ago

Bitcoin is surging to record highs on 'FOMO' and Joe Biden stimulus bets

ABC  

"Bitcoin hits another all-time high". Interestingly, JP Morgan's chief executive Jamie Dimon has called bitcoin a "fraud" that will eventually "blow up", and that he would fire his traders "in a second" if he discovered they were trading bitcoin. Not everyone is convinced AMP Capital's chief economist Shane Oliver has long been a bitcoin sceptic, and he has no regrets …

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