BITCOIN

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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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Dec 05 2024POLITICS

The Bitcoin Boom: Trump’s Crypto Connection

Bitcoin hit a monumental $100, 000 mark on Wednesday, and it seems President-elect Donald Trump wants in on the celebration. “CONGRATULATIONS BITCOINERS! ! ! $100, 000! ! ! YOU’RE WELCOME! ! ! ” Trump posted on his Truth Social platform, taking some credit for the milestone. This comes after naming

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Dec 05 2024POLITICS

The New Sheriffs of Crypto and Tech: Meet Paul Atkins and Gail Slater

President-elect Donald Trump has made two significant nominations that are stirring up both the crypto and tech worlds: Paul Atkins for the Securities and Exchange Commission (SEC) and Gail Slater for the Justice Department's antitrust division. Let's break down what this means. Paul Atkins, who ha

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Dec 03 2024CRYPTO

Bitcoin's Big Moment: $100K in Sight as ETFs Boom

Bitcoin is getting closer to hitting $100, 000, with its price reaching $99, 645 on November 22. However, it hasn't been able to push past this milestone yet. Recently, Bitcoin had a brief dip to around $92, 500 but has since bounced back to around $96, 000. This recent rise is thanks to increased i

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Dec 02 2024CRYPTO

Bitcoin vs. Litecoin: Are They the Crypto Gold and Silver?

Ever heard how gold is stored while silver is used for daily spending? Cryptocurrencies like Bitcoin and Litecoin have their own ways of handling value and exchange, too. Charlie Lee, the brains behind Litecoin, makes a strong point: Bitcoin is your digital gold, and Litecoin is digital silver. To p

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Dec 02 2024CRYPTO

The Mystery of Predicting Crypto Prices

Ever thought about how experts try to foresee the future prices of cryptocurrencies like Bitcoin and Ethereum? They use various methods to make these predictions, focusing on how these digital currencies behave compared to traditional money. Scientists and analysts look at past data, such as opening

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Dec 02 2024CRYPTO

Bitcoin's New Fans Face Unique Challenges

Imagine this—Bitcoin exchange-traded funds (ETFs) in the US now hold over a million tokens, roughly 5% of the total supply. That's almost the same amount the mysterious creator, Satoshi Nakamoto, owns! But here's a twist: a Senate ally of former President Trump wants to sell some Federal Reserve gol

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Nov 29 2024ENVIRONMENT

Bitcoin and Carbon Emissions: A Closer Look at their Relationship

Let's dive into the relationship between Bitcoin (BTC) and carbon emissions (CO2) from 2017 to 2022. Recent studies have shown that cryptocurrencies and energy markets are quite volatile. This means the relationship between Bitcoin and carbon emissions might not be straightforward. Using tests from

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