Bitcoin plunges: A bust or a buy?
3 years, 7 months ago

Bitcoin plunges: A bust or a buy?

Live Mint  

Cryptocurrencies that seemed to be defying gravity just weeks ago came back down to earth with a bump on Wednesday after a roller-coaster ride which could undermine their potential as mainstream investments. The two main digital currencies, bitcoin and ether pared back their losses in early afternoon trading after two of their biggest backers — Tesla Inc. chief Elon Musk and Ark Invest's chief executive officer Cathie Wood — reiterated their support for bitcoin. “There’s a lot of leverage embedded into crypto stocks so there will be a spillover effect into equity markets in the short term and there is also quite the inflation fear as the market thinks the Fed might have to hike rates abruptly if prices keep rising,” said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC. "Bitcoin's sharp price drop should come as no shock to the market," said Gavin Smith, chief executive officer of crypto consortium Panxora. "The crypto markets are currently processing a cascade of news that fuel the bear case for price development," said Ulrik Lykke, executive director at crypto hedge fund ARK36.

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History of this topic

Bitcoin approaches first weekly decline since Donald Trump's victory, Fed policy dampens optimism
1 day, 18 hours ago

Bitcoin approaches first weekly decline since Donald Trump's victory, Fed policy dampens optimism

Hindustan Times  

Bitcoin is heading towards its first weekly decline as a cautious Federal Reserve policy outlook tempered optimism from Donald Trump's victory in the US presidential election. Republican presidential candidate former President Donald Trump speaks at the Bitcoin 2024 Conferenc, July 27, 2024, in Nashville, Tenn. This also marks the biggest drop since September and breaks the steady rise, more than …

Bitcoin soars to $107,000: Will the upward trend sustain? Experts weigh in
Trending News
1 week ago

Bitcoin soars to $107,000: Will the upward trend sustain? Experts weigh in

Live Mint  

Bitcoin surged to a record-breaking high of $107,000, reflecting a nearly 6 per cent increase over the past week. Bitcoin among 10 most-valued assets Bitcoin’s leap beyond the $107,000 mark follows a steady seven-week winning streak, underscoring the cryptocurrency’s robust fundamentals. Similarly, Tanvi Kanchan, Head of Strategy at Anand Rathi Shares and Stock Brokers, highlighting the broader implications of these …

Crypto Week Ahead: Bitcoin Sets New ATH Of $106,000, Thanks To Trump’s Promises
1 week, 1 day ago

Crypto Week Ahead: Bitcoin Sets New ATH Of $106,000, Thanks To Trump’s Promises

ABP News  

Bitcoin continued on its upward path, passing a new ATH of $106k mark, driven largely by US President-elect Donald Trump’s promises to make BTC a reserve asset when the assumes office. What Crypto Traders Are Saying About Current Market Scenario Mudrex co-founder and CEO Edul Patel told ABP Live, "Over the weekend, Bitcoin hit a new all-time high crossing the …

Bitcoin beats regulatory hurdles, hits $100K level
Trending News
2 weeks, 4 days ago

Bitcoin beats regulatory hurdles, hits $100K level

New Indian Express  

NEW DELHI: Despite regulatory uncertainties around the globe, Bitcoin prices on Thursday breached the psychologically important level of $100,000, surging nearly 133% over the last one year. Bitcoin prices have risen by over 50% since the US presidential Election Day in anticipation that the Trump administration will ease regulatory hurdles and create a more favourable environment for digital assets. The …

From outsider to the Oval Office, bitcoin surges as a new administration embraces crypto
2 weeks, 5 days ago

From outsider to the Oval Office, bitcoin surges as a new administration embraces crypto

Associated Press  

NEW YORK — Born from the ashes of the 2008 global financial crisis, bitcoin arrived after trust had withered in the financial system and in Washington’s ability to protect those who must participate in it. Bitcoin briefly surged above $103,000 after President-elect Donald Trump said he intends to nominate Paul Atkins, a former regulator who’s seen as friendly to crypto, …

Bitcoin hits $100,000, lifted by hopes of a crypto-friendly Washington
2 weeks, 5 days ago

Bitcoin hits $100,000, lifted by hopes of a crypto-friendly Washington

Live Mint  

Bitcoin traded above $100,000 for the first time, powered by a wave of investors betting that President-elect Donald Trump will turn U.S. government policy into an engine of growth for crypto. During the campaign, Trump dropped his earlier skepticism of bitcoin and promised to “end Joe Biden’s war on crypto." Now, crypto investors are cheering Trump’s pledge to create a …

Crypto Week Ahead: Bitcoin Records Biggest Monthly Gains. Will Upward Trend Continue?
3 weeks, 1 day ago

Crypto Week Ahead: Bitcoin Records Biggest Monthly Gains. Will Upward Trend Continue?

ABP News  

Bitcoin, has been managing surprisingly well to hold on to its bull run, gaining over $26,000 in November - its biggest monthly gain of late. Crypto Prices Over The Past Week Last Monday, the overall crypto market cap stood at $3.35 trillion. Check Out Top Crypto Prices Today DeFi's total volume stands at $12.47 billion, at 6.59 percent of the …

Gold is bouncing back. Is now the time to dig in for big returns?
4 weeks ago

Gold is bouncing back. Is now the time to dig in for big returns?

Live Mint  

The last few weeks have been a roller coaster ride for gold. Sure enough the upward momentum snapped and gold fell from its peak of $2,790 per ounce reached on 30 October 2024 to $2,537 on 14 November 2024. The recent dip in gold price to the $2,537 per ounce mark has not even tested the first 31.8% Fibonacci support …

Crypto Week Ahead: Bitcoin Continues Super Bull Run With Eyes Set On $100k
Trending News
4 weeks, 1 day ago

Crypto Week Ahead: Bitcoin Continues Super Bull Run With Eyes Set On $100k

ABP News  

Bitcoin, despite continuing bull run, led to a crypto liquidation of $470 million in just 24 hours, leaving an impact on several altcoins, including the likes of Dogecoin and Ripple. Crypto Prices Over The Past Week Last Monday, the overall crypto market cap stood at $3.09 trillion. Check Out Top Crypto Prices Today DeFi's total volume stands at $14.63 billion, …

Bitcoin Treading Water Below $100,000 With Big Target In Sight
1 month ago

Bitcoin Treading Water Below $100,000 With Big Target In Sight

Live Mint  

-- Bitcoin has spent the weekend so far trading well shy of the landmark $100,000 level, once again dashing enthusiasts’ hopes that the oldest of digital assets would breach that significant financial — and psychological — threshold. Charles Schwab Corp.’s incoming Chief Executive Officer Rick Wurster said Thursday the firm will get into offering spot crypto trading once regulatory changes …

Bitcoin prices come within kissing distance of $100,000. Should you invest now or just sit on the fence?
1 month ago

Bitcoin prices come within kissing distance of $100,000. Should you invest now or just sit on the fence?

Live Mint  

Bitcoin prices hovered around $98,608 on Saturday on international exchanges, buoyed by the euphoria over Donald Trump-led Republican party reclaiming the White House. Balaji Srihari, Business Head of CoinSwitch, says, “Bitcoin surged to an all-time high, signalling that the much-anticipated $100,000 milestone could be within reach- many analysts predict that this mark could be achieved as early as the end …

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 …

New day, new record: Bitcoin surges past $95,000, 5 reasons why cryptocurrency breaking record after Trump's win
1 month ago

New day, new record: Bitcoin surges past $95,000, 5 reasons why cryptocurrency breaking record after Trump's win

Firstpost  

Bitcoin rose to an all-time high of $95,004.50 on Thursday, continuing its rally after Donald Trump’s win in November 5 US Presidential election. Cryptocurrency Bitcoin surged to another life-time high of $95,000 on Thursday, continuing to get investors bet who are optimistic after Donald Trump’s win in the 2024 US Presidential election as they expect that he would push through …

Bitcoin hits record high, breaches $94,000 mark
1 month ago

Bitcoin hits record high, breaches $94,000 mark

India Today  

Bitcoin, the world’s largest cryptocurrency, reached a new record high, closing at $94,078 in the latest trading session. The new milestone has been attributed to major developments in the cryptocurrency and financial sectors, including the introduction of options trading for BlackRock’s iShares Bitcoin Trust and speculation around Donald Trump’s media company exploring a potential acquisition of the crypto trading firm …

Bitcoin hits record high of $94,000. 3 things you should know
1 month ago

Bitcoin hits record high of $94,000. 3 things you should know

India Today  

The world’s most popular and largest cryptocurrency, Bitcoin, had a new all-time high price, trading over $94,000, in the latest trading session, before slightly easing to around $92,000, at the time of writing this story. In fact, as Trump’s win became evident, Bitcoin hit an all-time high, surpassing its previous March peak of $73,737 by reaching $74,504 and continuing its …

Gold vs Bitcoin: Here's what you should know before investing in these rising assets
1 month, 1 week ago

Gold vs Bitcoin: Here's what you should know before investing in these rising assets

Firstpost  

Gold is seen as a traditional, stable choice for wealth preservation, while Bitcoin offers high-risk, high-reward potential. Unlike gold, Bitcoin’s future is uncertain, with questions about its regulatory environment and potential adoption as a global financial tool Gold is a time-tested investment asset, while Bitcoin is a volatile, new-age asset. Some analysts that Bloomberg has spoken to have argued Bitcoin …

'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 …

Trump’s Win Was Great for Stock Markets—but Not Everyone Saw a Boom
Trending News
54 years, 11 months ago

Trump’s Win Was Great for Stock Markets—but Not Everyone Saw a Boom

Slate  

Although America’s CEOs and financiers largely condemned Donald Trump after the Jan. 6 Capitol riot in 2021, they all but made peace with his political return this year—tempering their onetime critiques of the candidate and the GOP, hedging their bets in the lead-up to Election Day, forbidding their media apparatuses from endorsing Kamala Harris, and lining up to kiss the …

Bitcoin's comeback: Will it cross the $100,000 mark soon?
1 month, 1 week ago

Bitcoin's comeback: Will it cross the $100,000 mark soon?

India Today  

Bitcoin has surged to a record high, going past $89,000 on Tuesday following the recent US elections, where Donald Trump secured another term. Many investors view the newly elected administration’s pro-crypto stance as a signal for positive regulatory support, which could make Bitcoin an even more attractive investment. The $100,000 mark is indeed the next major psychological milestone for Bitcoin.” …

Bitcoin price nears $90,000. What's behind the rally and will it continue?
1 month, 1 week ago

Bitcoin price nears $90,000. What's behind the rally and will it continue?

India Today  

Bitcoin has pushed to a new record, reaching an all-time high of over $89,000 on Tuesday, as optimism around favourable regulatory changes and growing institutional interest fuel the surge. The U.S. Federal Reserve’s 25 basis points rate cut in November has directed investor sentiment toward alternative assets like Bitcoin. Edul Patel, CEO of Mudrex, called the ETF approval a “game-changer,” …

Crypto and Tesla soar in 'Trump trades' frenzy: Bitcoin tipped to hit $100,000 by inauguration
Trending News
1 month, 1 week ago

Crypto and Tesla soar in 'Trump trades' frenzy: Bitcoin tipped to hit $100,000 by inauguration

Daily Mail  

Bitcoin could be worth $100,000 by January as crypto investors pile in on the back of Donald Trump's thumping election victory. The US dollar was also on the rise and shares in electric car maker Tesla, whose boss Elon Musk is a close ally of the incoming president, soared nearly 7 per cent. Driving force: Shares in electric car maker …

Bitcoin vaults to all-time peak as Trump election raises crypto excitement
1 month, 1 week ago

Bitcoin vaults to all-time peak as Trump election raises crypto excitement

Live Mint  

By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW YORK -Bitcoin surged to a record above $87,000 on Monday in a blistering rally amid expectations cryptocurrencies will thrive in a light-touch regulatory environment following the election of Donald Trump as U.S. president and pro-crypto candidates to Congress. Trump embraced digital assets during his campaign, promising to make the United States the "crypto …

Stock market today: Wall Street rolls higher as bitcoin bursts above $87,000
1 month, 1 week ago

Stock market today: Wall Street rolls higher as bitcoin bursts above $87,000

Associated Press  

NEW YORK — U.S. stocks rose Monday, led by those seen as benefiting the most from Donald Trump’s reelection as president, but drops for some high-profile Big Tech stocks kept indexes in check. Several pieces of what’s known as the “Trump trade” also helped drive the market, as investors try to identify which companies will be winners under a second …

Bitcoin Soars to New Heights, But Market Volatility Remains High
2 months ago

Bitcoin Soars to New Heights, But Market Volatility Remains High

ABP News  

Bitcoin and Ethereum ETFs see record inflows, with Bitcoin reaching a 30-day high of $69,000. The overall crypto market is volatile, with Bitcoin and Ethereum experiencing significant price fluctuations. BlackRock is reportedly stepping up its efforts in the crypto derivatives space, with discussions to enable the use of the BUIDL token as collateral in crypto derivative transactions.

Crypto Week Ahead: Bitcoin Rides Pro-Trump US Presidental Election Developments To Climb Above $64,000
2 months, 1 week ago

Crypto Week Ahead: Bitcoin Rides Pro-Trump US Presidental Election Developments To Climb Above $64,000

ABP News  

Bitcoin is riding the optimism around Donald Trump’s increasing chances of winning the US Presidential elections in November to bounce back from lows over the past few days. Crypto Events To Note A new HBO documentary exploring Bitcoin's origins has sparked speculation that Peter Todd, a Canadian software developer, could be the mysterious creator of the cryptocurrency, known by the …

Crypto Week Ahead: Bitcoin Continues To Be Bearish As US Jobs Report Disappoint
3 months, 2 weeks ago

Crypto Week Ahead: Bitcoin Continues To Be Bearish As US Jobs Report Disappoint

ABP News  

Bitcoin continues to see a downward trend as a softer-than-expected US jobs report failed to lend confidence among investors. Crypto Prices Over The Past Week Last Monday, the overall crypto market cap stood at $2.02 trillion. Check Out Top Crypto Prices Today DeFi's total volume stands at $2.54 billion, at 4.88 percent of the total market 24-hour volume. Crypto Events …

Bitcoin price in free fall as crypto market crashes
4 months, 2 weeks ago

Bitcoin price in free fall as crypto market crashes

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. Read our privacy policy Bitcoin is experiencing its worst price crash since 2022, falling more than 10 …

Bitcoin slumps 10% to trade at $54,333, heaviest weekly loss since FTX collapse, crypto market sell-off at $760 million
4 months, 2 weeks ago

Bitcoin slumps 10% to trade at $54,333, heaviest weekly loss since FTX collapse, crypto market sell-off at $760 million

Live Mint  

Bitcoin tumbled over 10 per cent at one point, before bouncing to trade at $54,333 at 9.17 am in Singapore on August 5, Bloomberg reported. The digital currency in fact had its worst week since the FTX collapse shook crypto markets in 2022, losing 13.1 per cent over the past seven days, it added. The world's largest cryptocurrency is under …

Bitcoin drops 4% to $61,000, witnesses second-worst weekly decline; What’s behind the plunge?
6 months ago

Bitcoin drops 4% to $61,000, witnesses second-worst weekly decline; What’s behind the plunge?

Live Mint  

World's biggest cryptocurrency Bitcoin witnessed a downturn of over 3 per cent on Monday, falling to $61,000 level. Losses are mounting in the crypto market following its second-worst weekly decline of 2024, driven by waning demand for Bitcoin exchange-traded funds and uncertainty surrounding monetary policy. Despite the prevailing downturn, Bitcoin's open interest has experienced a slight uptick of 0.59 per …

Bitcoin plunges 3.7% to $66,870; here’s why its falling
6 months, 1 week ago

Bitcoin plunges 3.7% to $66,870; here’s why its falling

Live Mint  

World's biggest cryptocurrency Bitcoin slid as much as 3.78 per cent to $66,817 on Tuesday reflecting trader anxiety ahead of the US inflation data release and the Federal Reserve's monetary policy decision. The upcoming inflation data and the Federal Reserve's outlook on Wednesday could reinforce concerns that interest rates will remain elevated for an extended period, creating a challenging environment …

Bitcoin tumbles nearly 8%, settling at $63,000 from March-April highs amid the Israel-Iran crisis
8 months, 1 week ago

Bitcoin tumbles nearly 8%, settling at $63,000 from March-April highs amid the Israel-Iran crisis

Live Mint  

Bitcoin down: Bitcoin slumped 7.9 percent to $61,842 at 21:00 GMT on April 13 after news of Iran's retaliatory drone strikes on Israel broke out, Reuters reported. The CoinDesk 20 Index slipped 10 percent, with Cardano's ADA, Avalanche's AVAX, bitcoin cash, filecoin and aptos all slumping 15-20 percent, as per CoinDesk data. Tensions in the Middle East Keeping Markets on …

Bitcoin tumbles 10% off its peak in less than a week to trade at $65,300. Check details here
9 months, 1 week ago

Bitcoin tumbles 10% off its peak in less than a week to trade at $65,300. Check details here

Live Mint  

In the past less than a week, bitcoin has dropped over 10 percent from its all time high of $73,083 it hit on March 13 at trade at $65,300 in the early hours on Sunday. Swissblock, a digital asset analytics firm, in a note on Wednesday said that bitcoin has risen almost double in price from $38,000 in late January …

Bitcoin hits record above $71,000 as demand frenzy intensifies
9 months, 1 week ago

Bitcoin hits record above $71,000 as demand frenzy intensifies

The Hindu  

Bitcoin hit a record high on March 11 above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down. The world's most valuable cryptocurrency has been boosted by a flood of cash into new spot bitcoin exchange-traded funds as well as hopes that the Federal Reserve will soon cut interest rates. Flows of capital into the …

Bitcoin’s price is surging. What happens next?
9 months, 2 weeks ago

Bitcoin’s price is surging. What happens next?

Hindustan Times  

For a brief moment, everyone who owned Bitcoin had made money from it. On January 10th the Securities and Exchange Commission, an American regulator, approved applications by 11 investment firms, including BlackRock and Fidelity, to create bitcoin exchange-traded funds. For instance, even as tech stocks soared in the middle of 2021, bitcoin slumped after Elon Musk posted negative tweets about …

Bitcoin’s price is surging. What happens next?
9 months, 2 weeks ago

Bitcoin’s price is surging. What happens next?

Live Mint  

For a brief moment, everyone who owned bitcoin had made money from it. On January 10th the Securities and Exchange Commission, an American regulator, approved applications by ten investment firms, including BlackRock and Fidelity, to create bitcoin exchange-traded funds. For instance, even as tech stocks soared in the middle of 2021, bitcoin slumped after Elon Musk posted negative tweets about …

Bitcoin price briefly tops $69,000 for new all-time high
9 months, 2 weeks ago

Bitcoin price briefly tops $69,000 for new all-time high

Hindustan Times  

Bitcoin surged to a record for the first time in more than two years, yet the original cryptocurrency didn’t stay at its new all-time high very long as many traders appear to have taken the opportunity to book some profit. The net inflow of almost $8 billion in less than two months is colliding with a looming reduction in Bitcoin’s …

Over $1 billion liquidated from the cryptocurrency market in 24 hours
9 months, 2 weeks ago

Over $1 billion liquidated from the cryptocurrency market in 24 hours

Live Mint  

Over $1 billion liquidated from the cryptocurrency market over the past 24 hours. This was followed by Bitcoin surging to a new all-time high in more than two years, yet the original cryptocurrency didn’t stay at its new all-time high very long as many traders appear to have taken the opportunity to book some profit. The token soared as much …

Bitcoin nears all-time-high price more than two years after record was set
9 months, 2 weeks ago

Bitcoin nears all-time-high price more than two years after record was set

The Hindu  

Bitcoin, the largest cryptocurrency by market capitalisation, hit a price of $68,785.95 on Tuesday morning, coming close to the all-time-high of $68,789.63 that it reached on November 10, 2021, according to the CoinMarketCap live tracker. Due to its large market cap and dominant market status, Bitcoin’s rocketing price helped lift the prices of other top crypto coins and tokens, including …

Bitcoin reaches record high amidst investor interest, global market dynamics
9 months, 2 weeks ago

Bitcoin reaches record high amidst investor interest, global market dynamics

India TV News  

Bitcoin, the world's most popular cryptocurrency, soared to a new all-time high on Tuesday, reaching a staggering price of $69,202. Market resilience and economic outlook Bitcoin's remarkable climb, witnessing a surge of nearly 160% since October and a notable 44% increase in February alone, reflects its resilience amidst challenging market conditions. Global market dynamics The cryptocurrency market has also received …

Bitcoin bounces to an all-time high less than two years after FTX scandal clobbered crypto
9 months, 2 weeks ago

Bitcoin bounces to an all-time high less than two years after FTX scandal clobbered crypto

New Indian Express  

NEW YORK: Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. The price for the volatile asset is up almost 200% from one year ago, fueled by the anticipation and eventual regulatory approval of spot bitcoin exchange-traded funds earlier this year, …

Bitcoin and gold race towards record highs as investors bet on interest rate cuts
9 months, 2 weeks ago

Bitcoin and gold race towards record highs as investors bet on interest rate cuts

Daily Mail  

Bitcoin and gold raced towards record highs as investors bet on interest rate cuts this summer. The digital currency reached $67,584 yesterday – its highest level for more than two years – sparking predictions that an all-time high is ‘around the corner’. Brent Donnelly, trader and president at analysis firm Spectra Markets, said: ‘We are back to a 2021-style market …

Is bitcoin back? Price suddenly surges as investors flock to crypto
9 months, 3 weeks ago

Is bitcoin back? Price suddenly surges as investors flock to crypto

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. “We have entered a new era for bitcoin, with its rapid climb this week marking the clear …

Bitcoin price passes $50k as ‘moon’ predictions return
10 months, 1 week ago

Bitcoin price passes $50k as ‘moon’ predictions return

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. Read our privacy policy The price of bitcoin has risen above $50,000 for the first time since …

Bitcoin sees first ever ‘golden cross’ as analysts predict explosive 2024
11 months ago

Bitcoin sees first ever ‘golden cross’ as analysts predict explosive 2024

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. Read our privacy policy A positive start to 2024 has seen bitcoin pass through a market pattern …

Crypto market swells by billions after ‘historic’ bitcoin moment
11 months, 1 week ago

Crypto market swells by billions after ‘historic’ bitcoin moment

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. Read our privacy policy The crypto market hit a 21-month high on Thursday following a landmark decision …

Bitcoin price up 175% as gold reaches all-time record
1 year ago

Bitcoin price up 175% as gold reaches all-time record

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 implosion of the FTX crypto exchange last November resulted in further losses, pushing bitcoin’s price below …

Bitcoin has surpassed $41,000 for the first time since April 2022. What’s behind the price surge?
1 year ago

Bitcoin has surpassed $41,000 for the first time since April 2022. What’s behind the price surge?

Associated Press  

NEW YORK — Bitcoin is once again having a moment. Regulators have previously rejected bitcoin spot ETF applications, but recent wins for some crypto fund managers have improved odds for a first approval, perhaps as soon as next month. While analysts expect the potential approval of spot bitcoin ETFs to create a much larger pool of crypto investors, future volumes …

Bitcoin has surpassed $41,000 for the first time since April 2022. What’s behind the price surge?
1 year ago

Bitcoin has surpassed $41,000 for the first time since April 2022. What’s behind the price surge?

LA Times  

The price of bitcoin, the world’s largest crytocurrency, has risen 150% so far this year. Regulators have previously rejected bitcoin spot ETF applications, but recent wins for some crypto fund managers have improved odds for a first approval, perhaps as soon as next month. Although analysts expect the potential approval of spot bitcoin ETFs to create a much larger pool …

Bitcoin mining rate hits all-time high amid record-breaking prediction for 2024
1 year, 1 month ago

Bitcoin mining rate hits all-time high amid record-breaking prediction for 2024

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. Bitcoin’s hash rate – which denotes how much computing power is required to verify transactions and generate …

One year after FTX imploded, here’s how crypto is changing
1 year, 1 month ago

One year after FTX imploded, here’s how crypto is changing

Live Mint  

For many who trade cryptocurrencies for a living, the events of a year ago are forever etched in memory. “The industry still primarily offers assets that can be made up out of thin air with values that are eminently manipulable,” said Hilary Allen, a law professor at American University Washington College of Law who has written about crypto’s impact on …

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