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A top financial officer of the U.S. state of Florida is advocating for state retirement funds to consider cryptocurrency investments, calling bitcoin a hedge against market volatility. US State Official Pushes Bitcoin as Hedge for Public Retirement Stability Chief Financial Officer and State Fire Marshal Jimmy Patronis, a statewide elected official and member of Florida’s … Read more
As bitcoin’s price nears its all-time high, the network’s hashrate is hitting impressive heights once again this year. Bitcoin’s Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC’s rising value against a variety of fiat currencies, including the U.S. dollar, bitcoin’s network hashrate is soaring. At 11:30 a.m. Eastern Time … Read more
Bitcoin’s shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow? Go to Source
Donald Trump said nothing about changing tax laws for Americans using Bitcoin to buy coffee but has suggested eliminating federal income tax. Go to Source
According to Reddit, the popular platform known for its forums and discussions, the company recently made a modest sale of bitcoin (BTC) and ethereum (ETH). Reddit Cashed out Its Crypto Right Before October’s Price Spike In a 10-Q SEC filing, Reddit disclosed the sale of these digital assets, which occurred before bitcoin saw its price … Read more
Recent data shows spot bitcoin ETFs pulled in a hefty $870.02 million, while spot ethereum ETFs attracted $7.65 million in inflows. Crypto ETFs Surge as Bitcoin Nears All-Time High Values Crypto ETFs have delivered solid returns over the past two weeks according to stats collected by sosovalue.xyz. On Tuesday, as bitcoin (BTC) hovered near its … Read more
BTC price gains are seen continuing after a brief support retest, but it is the lack of interest or market overheating causing the real stir. Go to Source
This week, bitcoin (BTC) is enjoying an 8.5% lift against the U.S. dollar, while ethereum (ETH), the second-largest digital currency, remains relatively quiet by comparison. Bitcoin and Ethereum: One’s Soaring While the Other’s Struggling It’s an exciting time in crypto. BTC came close to breaking its all-time high of $73,794, nearly hitting $73,600 per coin … Read more
Continued ETF inflows could help push Bitcoin to a new all-time high, which the asset came within $200 of on Oct. 29. Go to Source
Bitcoin is approaching an all-time high, with demand from exchange-traded funds (ETFs) driving its current rally, according to a recent analysis from Cryptoquant. Bitcoin Nears All-Time High as ETF Demand Intensifies, Cryptoquant Reports Bitcoin’s price is trading near its previous peak, hovering around $71,800 to $72,000 as of late October, largely driven by a sharp … Read more
