Month: November 2024

Despite recent price fluctuations in the past few days, there is still robust optimism and confidence in Bitcoin‘s potential for a significant rally in the short term. Multiple seasoned crypto analysts have cited the psychological $100,000 as the next key level to watch once BTC regains its upside momentum....

Bitcoin’s strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance....

Joana Cotar, a member of the German Bundestag and a longtime advocate of Bitcoin (BTC) adoption, is pushing back against the government’s recent decision to sell its BTC holdings.  Having witnessed the sale of approximately 50,000 confiscated Bitcoin earlier this year, Cotar is now championing the idea of establishing...

Former CFTC Chairman Chris Giancarlo has expressed strong support for the Commodity Futures Trading Commission (CFTC) taking on a larger role in regulating cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: BTC). What Happened: “With adequate funding and under the right leadership, I think the CFTC could hit the...

Global markets faced turbulence by midday Wednesday as an unwinding of yen-dollar carry trades drove sharp losses in U.S. equities, with the tech-heavy Nasdaq 100 falling 1.2% in intraday trading. Rising expectations that the Bank of Japan may raise interest rates in December pushed the dollar-yen pair down by...

President-elect Donald Trump‘s transition team is considering Paul Atkins, a seasoned financial regulator and advocate for digital assets, to lead the U.S. Securities and Exchange Commission. What Happened: Atkins, a Republican SEC commissioner during the George W. Bush administration, is among the top contenders to replace outgoing SEC Chair...

Cardano (CRYPTO: ADA) is back above $1 after rallying over 200% over the past 30 days, significantly outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the process. Cryptocurrency Price     Market Cap 24-Hour Trend 7-Day Trend 30-Day Trend Cardano $1.02 $35.6 Billion +8.8% +23.5% +203.9% Bitcoin $96,015.13 $1.9 Trillion...

Leading cryptocurrency Bitcoin (CRYPTO: BTC) didn’t have as much interest in 2015 as it does today, as the price soars to new highs after the 2024 presidential election. While taking 50,000 Bitcoin for a real estate transaction in 2015 may have proved risky, the homeowner who turned down the...

Blockchain payments firm Ripple (CRYPTO: XRP) on Wednesday announced plans to invest in the newly rebranded Bitwise Physical XRP ETP. The ETP, which is backed by XRP, is part of a broader rebranding effort by Bitwise Asset Management to enhance its European product suite. What Happened: Brad Garlinghouse, CEO...

President-elect Donald Trump is considering a proposal to establish a national Bitcoin reserve, a move that could intertwine cryptocurrency with U.S. fiscal strategy. What Happened: Cryptocurrency executives are rallying behind the idea, advocating for the U.S. government to acquire billions of dollars’ worth of Bitcoin as a long-term asset,...