Election Day saw Bitcoin bouncing back to $70, 000. This happened as the U. S. presidential race between Kamala Harris and Donald Trump tightened. What's interesting is that Bitcoin's value had been hovering around its peak, reaching $73, 562 last week, just a step away from its record high of $73,
Ever wondered how a 40-year-old politician like JD Vance piled up a fortune worth millions? Let's dive into his journey from a tough childhood to becoming a wealthy venture capitalist. Vance's wealth is estimated to be between $4. 8 million and $11. 3 million. Sure, it's not as much as his running
Bitcoin is flirting with a new record high, but the U. S. election might put a temporary hold on that. In October, Bitcoin closed above $70, 000 for the first time since March, but it's been struggling to stay there. The focus now is on the U. S. presidential election. Investors are worried that the
Retail investors have been busy snapping up bitcoin and gold before the upcoming U. S. presidential election, expecting potential benefits if former President Trump wins. According to a report from JPMorgan, these investors are part of the "debasement trade, " where they buy these assets to hedge ag
Coinbase, a big player in the cryptocurrency world, had a rough third quarter. Their stock took a hit, dropping by 4% after the market closed. Why? Well, crypto trading was pretty quiet, and that's not good news for a company that makes money from people buying and selling digital currencies. The c
Bitcoin is making waves, climbing towards $70, 000, while gold hit a record $2, 733 per ounce. Investors are flocking to these assets due to global uncertainty, like the Fed’s rate cuts and tensions in the Middle East. But which one is a better investment? Matthew Hougan, Chief Investment Officer at
Ethereum (ETH) seems to have fallen behind Bitcoin (BTC) in the crypto race this year. At the moment, BTC is up by 70% compared to ETH's 18%. This isn't the first time ETH has played second fiddle to BTC, and it's interesting to note that we're seeing a similar trend for the third time since 2016. W
Anthony Scaramucci, the founder of SkyBridge Capital, believes the US can manage its debt crisis by allowing inflation to rise slightly. This strategy might not be great for savers and lower- to middle-income households, but Scaramucci thinks it's the way to go. He made these comments just before th
Bitcoin briefly touched $70, 000 on Monday, a peak not seen since June. This happened as investors kept an eye on MicroStrategy's earnings and the upcoming U. S. presidential election. Stocks linked to bitcoin, like Coinbase and MicroStrategy, showed mixed reactions in late trading. Coinbase rose by
Bitcoin has hit a new high, soaring over $72, 000—a benchmark it hasn’t seen since spring. This surge comes as investors consider upcoming elections and inflation fears. The world's most valuable cryptocurrency, with a market value of over $1. 4 trillion, has shot up by about 6% on Tuesday. In simp
