BITCOIN

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Dec 10 2024FINANCE

Bitcoin ETFs Set a New Milestone, Topping Original Holder Satoshi Nakamoto

The popularity of Bitcoin exchange traded funds (ETFs) has soared to new heights, turning them into the largest holders of the leading cryptocurrency. Recently, these funds collectively surpassed $100 billion in assets under management. This achievement marks one of the quickest and most significant

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Dec 10 2024CRYPTO

Crypto's Future? Eric Trump Thinks U. S. Can Lead the Way

Eric Trump, part of the Trump organization, has shared his enthusiasm for cryptocurrencies, suggesting that the U. S. could become a major player in the digital currency world. Speaking in Abu Dhabi, he mentioned that his father, Donald Trump, wants to make the U. S. the crypto capital of the world

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Dec 07 2024CRYPTO

Bitcoin's Wild Price Ride This Week

Bitcoin kicked off the week pretty well, reaching almost $100, 000 on Wednesday. But things took a downward turn on Thursday when the price slipped below $93, 000. Just when everyone thought the drop was it, Bitcoin bounced back, soaring past $100, 000 by Friday afternoon. It ended up stabilizing ar

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Dec 06 2024CRYPTO

Bitcoin Hits $100, 000: What's the Big Deal?

Bitcoin, the top cryptocurrency, just crossed $100, 000. On December 5, it reached an all-time high of $103, 679, after starting at just a few bucks in 2011. Despite critics from big finance and economists, Bitcoin kept climbing. Now, with a new government that likes crypto, everyone's wondering: wh

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Dec 06 2024CRYPTO

Bitcoin Hits $100, 000 with New Crypto-Friendly SEC Chief

Bitcoin made history by crossing the $100, 000 mark late on Wednesday. This milestone came just hours after former President Donald Trump announced his choice for the new Securities and Exchange Commission (SEC) chair, Paul Atkins. Atkins is known for his support of cryptocurrency, which could lead

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Dec 06 2024FINANCE

Will a Securities Boss Slow Down the Crypto Craze?

You've probably heard that the new SEC chief, Paul Atkins, could be great for the crypto world. President Trump sure thinks so, saying Atkins understands the importance of digital assets. This has led to a huge Bitcoin boom, with prices soaring to over $100, 000 in just a year. Crypto fans are excit

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Dec 06 2024FINANCE

Bitcoin’s $100, 000 Milestone: A Trump-Powered Boost

Bitcoin has reached $100, 000 for the first time, driven by hopes for favorable regulations under President-elect Trump. The price jumped by 6. 1% on Thursday, exceeding $103, 800 and rising over 50% since Trump’s election victory in November. Trump nominated crypto advocate Paul Atkins to lead the

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Dec 06 2024CRYPTO

Bitcoin Hits $100, 000: Trump's Election Drives Crypto Optimism

Bitcoin hit a new high recently, surpassing $100, 000 for the first time. This surge is largely due to the election of Donald Trump as the U. S. president. Trump's pro-crypto stance and promises to create a friendly regulatory environment for digital currencies have sparked optimism among investors.

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Dec 05 2024CRYPTO

Bitcoin’s Big Milestone: What Comes Next?

The crypto world just hit a big number: Bitcoin reached $100, 000. We've all heard about it, but what's next? Figuring out the value of Bitcoin isn't easy; people use different ways to guess what it's worth. One guide from the CFA Institute suggests four methods: imagining everyone switched to Bitco

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Dec 05 2024FINANCE

Bitcoin's Surge: How Jerome Powell's Take on Crypto Matters

You might not expect the Federal Reserve Chair, Jerome Powell, to influence bitcoin's value. But during a recent talk with CNBC, Powell’s comments gave bitcoin a boost. He revealed he doesn't own any crypto and noted that the Fed can't control it. But when he compared bitcoin to gold, people took no

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