The market value of Bitcoin exceeded $50,000 for the first time in two years
On Monday, February 12, the first cryptocurrency by market capitalization surpassed a significant psychological milestone on major trading platforms.During the evening, the price of this top cryptocurrency broke above the upper support line at $48,300 - $48,500 and surg ...
Anthony Pompliano: “Bitcoin has become Wall Street’s favorite asset”
According to the founder of Pomp Investments, Wall Street firms are actively embracing the cryptocurrency industry, marking a significant shift in their approach. Anthony Pompliano highlighted the recent success of Bitcoin spot ETFs, citing major players like BlackRock ...
Valkurie Funds and Bloomberg: Liquidation parts bitcoin-ETF inevitable
Valkуrie Funds, an investment company, predicts that the number of active exchange-traded funds (ETFs) for Bitcoin will decrease to seven or eight by the end of the year. These Bitcoin ETFs are expected to shut down due to high management costs and low profits resulting ...
Andrew Kang: “Long-term demand for Bitcoin will reach $130 billion”
According to the co-founder of Mechanism Capital, there is a vast amount of global wealth and income that could potentially flow into the world of Bitcoin. Andrew Kang, an expert in investment and cryptocurrencies, believes that around 10% of global investors now hold cryptocurr ...
The Spanish city of Torrevieja is starting to accept cryptocurrency payments.
In a groundbreaking move, the city administration of Torreviejo in the Spanish province of Alicante has given approval for local businesses to accept cryptocurrencies as payment. With a population of 82,000 and being a popular tourist destination, this decision is expected to ma ...
US President Joe Biden has once again “reincarnated” as a Bitcoin maximalist
Some members of the crypto community suspected that Biden's account may have been compromised as he has a history of being against cryptocurrencies. Some users suggested that he should remove the photo with laser eyes to avoid confusion. However, Fox Business journalist Eleanor Terrett hinted that B ...
New Zealand Central Bank Governor: “Stablecoins are not stable at all”
Adrian Orr, the Governor of the Central Bank of New Zealand, has raised serious concerns about stablecoins and Bitcoin, highlighting the potential to destabilize the global financial system. Speaking at a parliamentary committee meeting, Orr emphasized that stablecoins, ...
Bitcoin growth and Solana failure: positivity reigns on the crypto market
After a quiet January 2024, Bitcoin began to rise again. Most altcoins followed suit. The black sheep has become the Monero coin, access to which will be complicated in the near future. Bitcoin The first cryptocurrency increased in price by more than 9% from Februa ...
Investment firm BlackRock plans to buy more bitcoins
BlackRock, one of the largest investment companies in the United States, is set to expand its investment portfolio by acquiring more bitcoins. Currently, the company holds a substantial 82.515 BTC ($3.71 billion) on its balance sheet. Rick Reeder, the chief investment o ...
ETF or Bitcoin: which is more profitable to invest and why?
Many companies claim that spot Bitcoin ETFs offer a new way to invest in BTC, but is this really the case? Can purchasing shares in a fund actually result in owning cryptocurrency? Bitcoin trading When you engage in Bitcoin trading, you are simply buying a digi ...