Bitcoin Price Rebounds Above $102,000 After Fed Meeting Calamity: Why Is BTC Going Up?
Bitcoin (CRYPTO: BTC) has rebounded to $102,250 after taking a nosedive on Thursday following the FOMC meeting. What Happened: Bitcoin cratered from above $105,000 before Thursday’s trading session to a low of $98,839 during U.S. night time hours. It has since rebounded and is down 2.5% over the past...
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How Crypto Losses Can be Used to Offset Your 2024 Tax Bill
Cryptocurrencies are going through a very good period right now, and some people are likely to walk away with a nice return on their investment as 2024 draws to a close. But this is also good news for the IRS when it comes time for your next tax bill....
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Bitcoin Reserve Could Call US Solvency Into Question Critic Says, VanEck Exec Fires Back: ‘This Is Loserthink’
Nic Carter, Founding Partner at Castle Island Ventures, has expressed skepticism about the U.S. establishing a strategic Bitcoin reserve under the incoming Trump administration, citing risks to the dollar’s global standing. What Happened: His view has sparked a sharp critique from Matthew Sigel, Head of Digital Assets Research at...
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Bitcoin Reclaims Strong Correlation With S&P 500 – What This Means For BTC
Bitcoin has surged past its all-time high again, reaching an impressive $108,300 and solidifying its position as the market leader. This rally marks a continuation of Bitcoin’s push into price discovery, fueled by growing investor demand and positive global market sentiment. Notably, many major markets, including U.S. stocks and...
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Last Chance to Buy $STARS Token in Presale as Investors Rush Ahead of DEX Launch
Just yesterday, Crypto All-Stars ($STARS) announced that it raised $21 million. Today, the counter stands at a staggering $23 million as investors flock to secure their share of $STARS before the presale ends. A broader meme coin rally in November could’ve benefited $STARS, but such a success wouldn’t have...
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DOGE Price Prediction: Can DOGE Surpass $1 in Q1 of 2025? Investment Analysts Place Their Bets on This $0.12 ICO
As the crypto market braces up for a new bullish rally in 2025, analysts are focusing on high-performing assets that could lead the charge. Among these, Dogecoin stands out as a contender with growing mainstream adoption and a loyal investor base. Despite its fun and viral start, DOGE has...
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Crypto May See ‘Harrowing Dump’ Around Trump’s Inauguration, Warns Arthur Hayes
Prominent crypto market commentator and former BitMEX CEO Arthur Hayes predicts a “harrowing dump” in the digital assets market around President-elect Donald Trump’s inauguration. However, Hayes adds that the anticipated market crash will likely be followed by a strong bullish trend reversal. Hayes Warns Against Overblown Expectations From Trump...
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Trump’s DJT Connection Drives This Lesser-Known Crypto Stock’s Nearly 3X Surge In A Month
A publicly traded cryptocurrency company’s shares have nearly tripled in a month following reports of a potential acquisition by President-elect Donald Trump’s Trump Media & Technology Group (NASDAQ:DJT). What happened: Bakkt Holdings (NYSE:BKKT) closed at an 11-month high of $32.44 earlier on Monday, marking a staggering 186% jump in...
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Bitcoin ETFs Rise In Pre Market Despite Jerome Powell Says Fed Cannot Hold BTC: What’s Going On?
Bitcoin ETFs have shown an increase in premarket, even as Federal Reserve Chair Jerome Powell made it clear that the central bank has no plans to accumulate Bitcoin (CRYPTO: BTC). What Happened: As per Benzinga Pro on Thursday, the Bitwise Bitcoin ETF (NYSE:BITB) saw a rise of 1.08%, ARK 21Shares Bitcoin ETF...
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Bitcoin Bull Michael Saylor Willing To Advise President-Elect Trump On Crypto
Bitcoin (BTC) bull Michael Saylor, who is co-founder and Chairman of MicroStrategy, has expressed a desire to enhance “intelligent leverage” for the company’s shareholders as it continues its strategy of investing heavily in the market’s leading crypto. MicroStrategy’s Shares Soar 500% In 2024 In a recent interview on Bloomberg...
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