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Microstrategy’s executive chairman, Michael Saylor, has explained why bitcoin has become “the world’s most popular investment asset.” He noted that following the rebalancing after the launch of spot bitcoin exchange-traded funds (ETFs), the crypto has “found its footing and now people are beginning to realize that there’s 10 times as much demand for bitcoin coming … Read more
Bitcoin’s spot market value leaped over the $49K threshold on Monday, breaking free from its initial trading confines of the day. The leading digital currency by market cap swiftly reached $50,000, marking a 3.7% increase over the past day and a notable 15.6% rise throughout the week. Bitcoin Breaks $49K Barrier, Bulls Seek to Tackle … Read more
As of Feb. 12, 2024, bitcoin displays a robust upward momentum across several charts, underscored by its sharp ascent from $47,593 to $48,814 on Sunday. On the subsequent Monday, bitcoin’s market value reached $939 billion, with a trading volume of $21.57 billion for the day. Currently, the upward trend pauses, with the price dipping below … Read more
A closer look at the similarities between today’s thriving crypto market and the 2020–2021 bull run. Go to Source
The SEC has pushed back its decision on a roster of Ethereum ETFs, with the final date for a potential approval arriving in late May. Go to Source
Bitcoin is likely to reach $1 million quickly due to a “torrent of money” coming from institutional investors in 2024, according to the JAN3 CEO. Go to Source
Resolving recent systemic failures in the cryptocurrency ecosystem and the prospect of spot Bitcoin ETF approvals could drive Bitcoin to $100,000 in 2024. Go to Source
The rise in El Salvador’s bond prices “almost defies gravity,” and it may soon have access to Eurobond markets, said Santander Bank. Go to Source
Bitwise isn’t alone in its bullishness on stablecoins with Circle CEO Jeremy Allaire predicting the explosive growth of the sector due to a “huge appetite” for digital dollars. Go to Source
Bitcoin proves its value as an inflation hedge and store of value by hitting repeat all-time highs in multiple currencies. Go to Source