BITCOIN

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Jan 16 2025CRYPTO

Crypto Changes on the Horizon: Trump's Day One Plans

President-elect Donald Trump is set to make big moves in the crypto world on his first day in office. A source close to his transition team revealed that he might tackle two key issues: debanking and the repeal of a policy called SAB121. This policy forces banks to count digital assets as liabilitie

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Jan 15 2025BUSINESS

Bitcoin Jumps Near $100, 000 on Surprising Inflation Data

Bitcoin has made a comeback, nearing the $100, 000 mark. This jump happened after recent inflation reports showed a slowdown, and the stock market started to rebound. On Wednesday, the top cryptocurrency was trading at $99, 442, which is a 3. 5% increase from previous days. Two days ago, Bitcoin hi

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Jan 14 2025CRYPTO

Crypto: Just Speculation and Crime?

Cliff Asness, a big shot at AQR Capital Management, isn't buying into the crypto hype. He thinks bitcoin is nothing more than a bubble ready to pop. After bitcoin soared past $100, 000 following the November presidential election, Asness is skeptical. He believes crypto is only good for two things:

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Jan 13 2025CRYPTO

Bitcoin ETFs Turn One: What Happens Next?

Bitcoin ETFs are celebrating their first birthday, and it's been quite a ride! With over $113 billion invested, these funds are breaking records. But what comes next? Experts believe the one-year mark could bring some selling pressure. Investors might cash out to avoid long-term capital gains and re

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Jan 13 2025FINANCE

Bitcoin's Trump-Fueled Rally Hits Reverse

Bitcoin, the leading cryptocurrency, took a nosedive below $92, 000. This slide happens just days before Donald Trump's upcoming presidency. The coin had surged to a record high of over $106, 000 last month, buoyed by hopes of the Fed's final 2024 interest rate cut and Trump's influence on markets.

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Jan 11 2025FINANCE

Bitcoin's 2024 Boom: How Much Should You Have in Your Portfolio?

Bitcoin's price skyrocketed in 2024, but financial experts advise caution. They suggest keeping crypto investments, like Bitcoin, to just 5% of your portfolio due to its wild ups and downs. Some experts even think it's best to avoid crypto altogether. Why did Bitcoin's price jump? It was the top-per

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Jan 11 2025FINANCE

Bitcoin's Big Question: Will Trump's Policies Help or Hurt?

Bitcoin investors are facing some tough decisions. President Trump's plans might not be as crypto-friendly as everyone thought. After a strong rally, the price of Bitcoin is dropping. Why? It's all about the dollar and uncertainty. Strong dollar, higher rates, and sudden changes in trade policies ar

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Jan 10 2025CRYPTO

US Plans to Sell Seized Bitcoins, a Big Crypto Sale

Imagine this: a massive stash of bitcoins, worth around $6. 4 billion today, is up for grabs. These aren't just any bitcoins; they were stolen from Silk Road, an illegal online marketplace, way back in 2012. The US Department of Justice (DOJ) got its hands on them in 2020, after a lengthy investigat

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Jan 09 2025FINANCE

Bitcoin Takes a Dive: What's Happening?

Bitcoin has dipped below $100, 000, dropping over 5% in just 24 hours. The sudden fall isn't just about Bitcoin; other major cryptocurrencies like Ether, Cardano, Solana, and Dogecoin have also taken hits, some as high as 13%. What's causing this crypto crash? A stronger U. S. dollar is one key fact

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Jan 08 2025FINANCE

What's the Deal with Crypto Credit Cards?

Crypto is having a moment again, with Bitcoin hitting $100, 000 recently. If you want to dip your toes into crypto, a crypto credit card might seem like a good idea. These cards let you earn crypto as rewards instead of cash or points. But they're not for everyone, and there aren't many options. Let

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