Cryptocurrency

Crypto is Trump’s New Weapon Against Biden It’s the first time crypto has become an issue in the general election of a presidential race. Trump’s Appeal to Crypto Supporters Donald Trump is making presidential history once again: He’s poised to be the first major party nominee to court cryptocurrency traders. This move is leaving some…

Bitcoin is a type of digital currency or cryptocurrency, a medium of exchange that exists solely online. The currency broke into mainstream consciousness in 2017 as its price climbed dramatically over the year. More recently, after plummeting significantly in 2022, the crypto soared in late 2023 and early 2024 with the impending approval of Bitcoin…

The recent approval of spot Ethereum (ETH) exchange-traded funds (ETFs) in Hong Kong has injected new vigor into the altcoin market. There are also reports of pending approval for mainland China investors to engage with the Hong Kong-based crypto ETFs, which surged the total crypto market cap by over 2% to approximately $2.5 trillion on…

After a significant market correction, the crypto landscape is ripe with opportunities. In recent days, the crypto market has undergone a substantial sell-off. Such corrections, while not uncommon, had not been seen for quite some time. Despite this, the total crypto market cap has increased by 40% year-to-date. Following a sustained rise throughout most of…

Two Compelling Reasons to Invest in Bitcoin Today In the ever-evolving world of digital finance, Bitcoin (CRYPTO: BTC) remains a beacon of volatility and potential. Over the past two months, it has yet again demonstrated its rapid price fluctuations. After soaring to a new all-time high of $73,750 in mid-March, it dramatically retreated below $57,000…

In a groundbreaking move, Genesis Digital Assets Limited (GDA), a powerhouse in global Bitcoin mining, has forged a strategic alliance with YPF Luz, a branch of Argentina’s national energy firm YPF. The collaboration has given rise to a cutting-edge Bitcoin mining facility in Rincón de Los Sauces, Neuquén province. This facility is engineered to convert…

Bitcoin’s Market Tumble Triggers Over $145 Million in Liquidations In a volatile 24-hour window, more than $145 million in Bitcoin long positions were liquidated as prices tumbled to their lowest in months. Market analysts attribute the sharp decline primarily to reduced interest from investors in the United States, which significantly influenced the recent market downturn.…

Coinbase, the largest U.S. cryptocurrency exchange by trading volume, announced today that it is rolling out support for the Lightning Network. This integration offers a faster and more cost-effective method for its users to send, receive, or pay with bitcoin directly from their accounts. Previously, bitcoin transactions on Coinbase were processed on-chain, meaning they could…

Australia Ramps Up for Major Bitcoin ETF Rollouts in 2024 As of now, the U.S. boasts 11 operational Bitcoin spot ETF products. The U.S. Securities and Exchange Commission gave the green light to these in January. The introduction of these ETFs sparked a notable surge of interest among major investors, with these ETFs accounting for…

As dusk settled on April 19, the much-anticipated halving event for Bitcoin (CRYPTO: BTC) unfolded. Across the globe, cryptocurrency enthusiasts are celebrating a pivotal moment that historically heralds the onset of a new bull market phase for Bitcoin. Bitcoin’s Built-In Monetary Blueprint It’s not widely recognized that Bitcoin emerged in response to the 2008 financial…