Bitcoin, the largest cryptocurrency, has been struggling to break the $100, 000 mark after a rapid post-election rise. The cryptocurrency surged over 40% since the U. S. election, driven partly by pro-crypto comments from President Donald Trump. Bitcoin hit a new high of over $99, 000 last week but
Imagine you're watching a soccer match between teams from different countries. When there's a big argument on the field, what happens? Often, the fans get more excited and start cheering louder. In a similar way, geopolitical risks—like conflicts or tensions between countries—can make Bitcoin's trad
You might know Justin Sun as the guy who spent millions on a banana art piece. But now, he's become a big investor in a new crypto project backed by former President Trump. Sun put $30 million into World Liberty Financial, a digital asset bank aiming to let people borrow, lend, and invest in digital
Imagine having a stake in Bitcoin without actually buying any. This might sound like a dream, but it’s now a reality thanks to options trading. Options are contracts that give you the choice to buy or sell an asset at a fixed price by a certain date. You pay a fee, called a premium, to get this righ
President-elect Donald Trump's pick for the Commerce Department is strengthening his company's link with Tether, the firm behind the world's biggest stablecoin. Howard Lutnick, CEO of Cantor Fitzgerald, is in talks to get support from Tether for a new program allowing clients to borrow using Bitcoin
Cryptocurrencies hit the jackpot when Donald Trump won the election, and the crypto bigwigs who supported him got favorable mentions and promises of a new U. S. digital currency reserve. Prices boomed. Just two weeks after the election, Trump's social media company reportedly considered buying a cry
Bitcoin, the popular cryptocurrency, has been studied for its price differences across markets. This research delves deeper by looking at trade data from LocalBitcoins. com, a peer-to-peer exchange platform. It explores how economic and regulatory factors shape Bitcoin markets and how cryptocurrenci
In the 2024 elections, the crypto industry made a calculated gamble. They spent big, targeting candidates who supported their cause and aiming to oust those who didn't. Among these targets was Ohio Senator Sherrod Brown, who was defeated by political newcomer Bernie Moreno. Moreno, a former car sale
George Milling-Stanley, a chief strategist at State Street Global Advisors, has voiced concerns about the recent bitcoin rally. He believes investors are being lured by the quick returns but might be overlooking the stability that gold offers. Speaking on CNBC's "ETF Edge, " Milling-Stanley emphasiz
Ever wondered who might be the next Treasury Secretary? Enter Scott Bessent, a bigwig from the finance world. You might know him as the former chief investment officer at Soros Fund Management. Trump's picked him, even though they haven't officially announced it yet. Why Bessent? Well, he's been giv
