Bitcoin’s uptrend was ongoing, as profit-taking volume declined. BTC has gained over the past day by 1.76%. Over the past 48 hours, Bitcoin [BTC] has experienced a strong upswing on its price charts. Over this period, BTC has surged from a low of $89164 to a local high of $97657. With Bitcoin experiencing significant … Read more
In the early 2020s, quantum computing hit the public spotlight as a potential threat to Bitcoin. Relying on SHA-256 cryptographic hash function for its proof-of-work network consensus, Bitcoin’s value is predicated on computational power. If there is a technology that can circumvent the traditional binary system of 0s and 1s for units of information, there … Read more
United States Representative Josh Gottheimer from New Jersey, one of Congress’ most active stock market investors, has disclosed a potentially controversial trade involving his former employer, Microsoft (NASDAQ: MSFT). According to filings, Gottheimer reported up to $40 million worth of trades in Microsoft stock options in a series of transactions in December 2024, disclosed on … Read more
Which is better, Ethereum or Cardano crypto? In this battle of the Layer-1s, dive into ADA crypto and ADA price—is it the best crypto to buy? Ethereum has a big problem on its hands and it starts with the letter ‘C’ and has three syllables. ‘Calcium.’ Ethereum founder Vitalik Buterin needs more of it. Have … Read more
Bitcoin’s recovery to $100,000 is likely to be met with strong resistance, but if the bulls prevail, the next stop is near $108,300.
Matt Hougan, Chief Investment Officer (CIO) at Bitwise, has issued a bold prediction: hundreds of companies will buy Bitcoin as a treasury asset over the next 12 to 18 months. The shift, which Hougan describes as an “overlooked megatrend,” has the potential to significantly influence Bitcoin’s market trajectory. MicroStrategy: The Torchbearer of Corporate Bitcoin Adoption … Read more
Stellar’s XLM price surged 14% to $0.4795, with a market cap of $14.58 billion and a 24-hour trading volume of $1.8 billion, trading within an intraday range of $0.4191 to $0.4896. XLM’s rise has coincided with the spike XRP has witnessed this week. Stellar Stellar’s hourly chart reveals a bullish trend, characterized by higher highs … Read more
Gold extends gains as US core inflation was better than expected, sparking a drop in Treasury yields. Traders now anticipate the Fed might cut rates by 40 basis points by the end of 2025, adjusting market expectations. Potential tariffs by the upcoming Trump administration could counter disinflationary trends, impacting gold’s trajectory. Gold climbed for the … Read more
Due to a prior reimbursement plan from Bitfinex, many victims of the 2016 hack do not legally qualify as victims eligible for reimbursement.
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee hit newswires on Wednesday shortly after a fresh update to US inflation figures. Key highlights I still see continued progress on inflation. I am optimistic for 2025 on a soft landing. For the last 6 months, PCE inflation has run close to the 2% target. There’s … Read more