Bitcoin has been on a rollercoaster ride, reaching new heights after the U. S. presidential election. The price of a single Bitcoin hit $100, 000 for the first time. This dramatic increase hasn't gone unnoticed by big-time investors and companies. Michael Saylor, a billionaire Bitcoin investor, tri
Bitcoin hit a new high of $107, 000 on Monday. Why the sudden boost? President-elect Donald Trump wants the U. S. to have a bitcoin strategic reserve. This is like the country's oil reserve but for digital currency. He hopes it will give the U. S. an edge in the global market. Also, MicroStrategy jo
On Sunday, Bitcoin reached a new peak price of $106, 491. This comes as President-elect Donald Trump hinted at plans to create a U. S. strategic reserve for Bitcoin. In a recent interview, Trump discussed the idea of a crypto reserve similar to the Strategic Petroleum Reserve. Rep. Cynthia Lummis o
Bitcoin hit a record high over the weekend, reaching $106, 449 before dropping below $104, 000 on Monday. This rollercoaster ride comes as the Federal Reserve is set to make its final interest rate decision of the year. Investors are eagerly waiting to see if the Fed will cut rates again, which coul
The future of bitcoin is looking bright. With the new presidential administration in 2024, we might see a surge in crypto-friendly policies. Some states are already considering bills to make their laws more open to cryptocurrencies like bitcoin. Many people believe that bitcoin is a great way to pro
You know how Bitcoin transactions take forever to confirm? That’s because Bitcoin uses something called eventual consistency. It’s like waiting for everyone at a large dinner table to agree that the soup is delicious before you can enjoy it. But what if there was a way to make Bitcoin transactions
As winter approaches, Iran is facing rolling blackouts, leaving people and businesses in the dark. The country’s energy woes are a blend of many factors, including economic mismanagement, international sanctions, and, perhaps surprisingly, a cryptocurrency boom. Bitcoin mining, which demands vast am
Did you know that bitcoin miners are adopting a strategy originally used by MicroStrategy? This strategy involves holding onto bitcoins instead of selling them right away. It all started when MicroStrategy's shares skyrocketed during the cryptocurrency rally. Their success caught the attention of mi
Get ready, crypto investors! The new year is bringing some big changes to how you report your crypto profits. Starting January 1, brokers and exchanges will start using a new form called the 1099-DA to report your gains. This means you'll need to keep a close eye on your cost basis – the amount you
Meet Frank III, an Austin, Texas man with a bitcoin investment side hustle. He started buying bitcoins in 2011 and really hit the jackpot in 2015 when he bought over a thousand. By 2017, he sold some and made a cool $3. 7 million, which he used to buy a new home in Utah. The problem? He didn't want
