Bitcoin
Donald Trump Projected as New President of the United States: Bitcoin Reaches Historic High
In a major shift in U.S. politics and financial markets, Fox News has projected that Donald Trump has won the U.S. presidential election, securing 277 electoral votes—enough to bring him back to the White House as the country’s 47th president. Alongside his projected victory, Trump has achieved significant support, securing control of the Senate. This…
VanEck Predicts Bitcoin’s Journey to $3 Million by 2050 – Here’s How
VanEck’s Bitcoin Projection: $3 Million in Sight by 2050 Matthew Sigel, the digital assets research lead at VanEck, has issued a groundbreaking projection for Bitcoin’s future. In an interview with CNBC, Sigel shared that VanEck’s predictive model suggests Bitcoin might soar to $3 million by 2050, provided it solidifies its position as a global reserve…
Is Bitcoin’s Bullish Trend Linked to Trump’s Election Prospects? Experts Weigh In
Cryptocurrency investors seem increasingly confident that Donald Trump, the Republican candidate, will win the upcoming U.S. presidential election in November. According to a recent Bloomberg analysis, Bitcoin’s bullish trend appears closely tied to political expectations among investors. Despite a brief pullback, Bitcoin (BTC) has posted a significant 12% gain over the past week, as reported…
Bitcoin Surge on Monday Triggers Liquidations Over $200 Million
The cryptocurrency market kicked off the week on a positive note, with a strong rally in the price of major tokens. However, the Bitcoin surge was not as favorable for traders, particularly those who had opened short positions. In the last 24 hours, short-sellers have incurred losses amounting to $143.13 million. Overall, the market saw…
US Job Gains in September Drive Bitcoin Rally
This Friday, the US employment data for September was released, and it brought great news for equity investors. The job gains in the month far exceeded expectations, which in turn triggered a rise in Bitcoin during the early hours of the trading day. In September, non-farm payrolls saw a total increase of 254,000 jobs, a…
Crypto Weekly Recap: Key News You Can’t Miss This Week
The world of cryptocurrencies is ever-evolving, and each week brings significant changes that reshape the financial landscape. In this weekly roundup, we cover the hottest crypto stories that are setting the tone for the future of digital finance. One of the biggest news this week is the release of Changpeng Zhao, the founder of Binance,…
Australia to Require Financial Licenses for Cryptocurrency Exchanges Starting November 2024
From November 2024, cryptocurrency exchanges in Australia will be required to obtain financial services licenses, according to new regulations announced by the Australian Securities and Investments Commission (ASIC). Alan Kirkland, an ASIC commissioner, revealed details of the initiative at the AFR Crypto and Digital Assets Summit in Sydney, emphasizing the need for stricter oversight of…
94% of All Bitcoins Have Been Mined: Only 5.91% Left
When people mention that all Bitcoins will be mined by 2140, a crucial fact is often overlooked: most BTC has already been extracted. As pointed out by the X account HODL15Capital, 94.08% of all BTC has already been mined, leaving just 5.91% yet to be issued. “Only 5.91% of BTC remains,” the account stated, alongside…
Bitcoin Surge: Key Events Driving Massive Growth This Week
The Bitcoin market is ever-evolving, and staying informed is the best way to navigate this dynamic environment. With changes happening frequently, the most valuable resource for traders and investors is information. The more up-to-date you are, the better your decisions and the stronger your financial position will be. Kiyosaki on Bitcoin: “Ditch the Dollar, Invest…
Coinbase Launches Revolutionary Bitcoin Token cbBTC: What You Need to Know
The crypto revolution is here! Coinbase has just made a significant move by introducing a brand new Bitcoin token. This San Francisco-based cryptocurrency platform has launched Coinbase Wrapped Bitcoin (cbBTC), opening the doors to decentralized finance (DeFi) applications on Ethereum and Base using Bitcoin (BTC). Coinbase first teased the release of cbBTC on August 14,…
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