Bitcoin Rally Shines Spotlight On Investor Risks Bitcoin this week reached above $44,000 for the first time since April last year, yet still remains far from a record-peak of almost $69,000 in 2021. Latin Times · Dec 8, 2023
Beyond Bitcoin, This Company is Here to Fortify Your Fiat A resurgence in Bitcoin has lit a fire in the crypto market recently, with the coin jumping toward the half century mark for the first time since early 2022. But even its staunch advocates admit Bitcoin is a long way from replacing fiat currency, if it ever does. So, don’t… StockNews.com · Dec 7, 2023
3 Standout Blockchain Stocks to Buy Ahead of Bitcoin's Big Year Investors who expect more upside for Bitcoin can gain exposure to the digital asset by investing in mining companies set to benefit from the halving event in 2024, as well as the expected launch of multiple ETFs. Barchart · Dec 7, 2023
Jack Dorsey’s Block opens up preorders for Bitcoin hardware wallet Bitkey in more than 95 countries Customers will be able to get their hands on the hardware in early 2024. Fortune · Dec 7, 2023
Swan raises $40 million to build out institutional offerings such as Bitcoin-backed lending The company led by Cory Klippsten has quietly become one of the largest in crypto through its Bitcoin-only approach. Fortune · Dec 7, 2023
Bitcoin Rally Shines Spotlight On Investor Risks A much-anticipated US approval of wider bitcoin trading has helped the world's biggest cryptocurrency reach 20-month heights, risking however pain for new investors unaccustomed to its volatility. International Business Times · Dec 7, 2023
'Banks Should Stay Silent,' Crypto Community Lashes Out At Jamie Dimon's Anti-Crypto Tirade Not everyone was pleased with the latest development in the cryptocurrency industry and Dimon was one among them. He said he would close the industry down if he had the power. International Business Times · Dec 7, 2023
Stock Market Today: Stocks Swing Lower as Oil Prices Retreat A bad-news-is-good-news jobs report sent the main indexes higher at the open, but they didn't stay there for long. Kiplinger · Dec 6, 2023
El Salvador's Bitcoin Investment Sees Over $3M Gains Amid Crypto Rally Bukele said that it has never been El Salvador's objective to sell its Bitcoin and while he confirmed that they are well aware the crypto asset's price will fluctuate, he underlined that it does not impact the country's long-term strategy. International Business Times · Dec 6, 2023
Jamie Dimon blasts crypto, tells Senate he would ‘close it down’—even as JPMorgan pushes forward with blockchain payments The JPMorgan CEO's comments to the Senate are just his latest tirade against crypto. His position is a bit ironic given the bank's own embrace of technology. Fortune · Dec 6, 2023
Will Bitcoin’s Bull Run Continue? The price of Bitcoin (^BTCUSD ) today rose to $44,444.84, the highest in 19 months. The world’s largest digital asset has rallied +16% over the past week and is up +168% this year. The latest leg higher in Bitcoin was driven by speculation of interest rate cuts in Q1 of... Barchart · Dec 6, 2023
Future of Finance: Paolo Ardoino on Tether proving crypto critics wrong and how ‘Bitfinex is a different company compared to Binance’ Ardoino talked about his early career and why it's mostly been "business as usual" after recently becoming Tether's CEO. Fortune · Dec 6, 2023
Bitcoin Soars To $44K As BlackRock Irons Out Spot BTC ETF Prospectus Industry experts and ETF analysts scrutinized the amended prospectus and discovered that BlackRock had seeded its ETF on Oct. 27. It was the same month when the crypto community found the Bitcoin ETF ticker of the firm listed on the website of the Depository Trust and Clearing Corporation. International Business Times · Dec 6, 2023
Bitcoin Could Reach A Local Top At $48K As Traders 'Buy The Rumor, Sell The Fact' Over the past weeks, Bitcoin continued to rally, pushing its value up on the anticipation that the U.S. Securities and Exchange Commission (SEC) would soon announce the country's first-ever spot Bitcoin exchange-traded fund. International Business Times · Dec 6, 2023
Barchart · Dec 5, 2023 Cathie Wood Is Buying Robinhood Stock. You Probably Shouldn't. Cathie Wood, of ARK Invest fame, has sold Coinbase shares in recent days, while adding more Robinhood shares. Here's why investors should steer clear of HOOD stock.
International Business Times · Dec 5, 2023 MicroStrategy Accumulates Over $2 Billion Profit From Bitcoin Holdings Amid Crypto Surge The substantial Bitcoin investment by MicroStrategy has yielded a significant return, a growth that began under the leadership of its current executive chairman, Michael Saylor, starting in August 2020.
International Business Times · Dec 5, 2023 BlackRock Quietly Seeded Its Bitcoin ETF With $100K In October: New Filing While the act is viewed as operational or part of the process before its launch, for some, it is a positive indication that the U.S. will have a spot Bitcoin ETF very soon.
International Business Times · Dec 5, 2023 Here's Why RWA Tokenization Is The Next Big Thing In Crypto In crypto terms, RWA tokenization denotes the process of creating "digital twins" of material and monetary assets by using blockchain technology and smart contracts to transform them into on-chain assets.
International Business Times · Dec 5, 2023 Analysts Highlight Key Factors Driving Bitcoin's Surge To Year-To-Date High A report attributed the surge to "a culmination of various factors, including a notable shift in the dynamics of the futures market compared to the spot market."
International Business Times · Dec 5, 2023 Asian Markets Drop As Traders Temper Rate Cut Bets Stocks fell Tuesday, extending the sell-off seen on Wall Street, with analysts warning November's rally fuelled by bets on interest rate cuts may have gone too far, forcing traders to take a step back.
International Business Times · Dec 5, 2023 SEC Gave Multiple Bitcoin ETF Applicants 'Same Or Very Similar Instructions': ETF Analyst On the eve of the potential approval of multiple spot Bitcoin ETF filings, rumor has it that the major issue now concerns whether the SEC would allow in-kind creations.
The Independent UK · Dec 4, 2023 Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge? Bitcoin is once again having a moment
Latin Times · Dec 4, 2023 Bitcoin in El Salvador: Bukele Celebrates Profits after BTC Surpasses $42,000 Bukele highlighted the balance as he criticized the media for writing articles when it was in the red. "We have no intention of selling," he said
International Business Times · Dec 4, 2023 Grayscale Amps Up Bitcoin ETF Hype Saying Approval A Matter Of 'When', Not 'If' Although timelines on the approval of spot Bitcoin ETF filings are uncertain, Grayscale said it remained "focused on uplisting GBTC to NYSE Arca as a spot Bitcoin ETF."
International Business Times · Dec 4, 2023 Ex-SEC Official Says Crypto Has 'No Inherent Value,' Gives Reasons For Price Spike The crypto market is currently a sea of green, as Bitcoin, the world's largest crypto asset by market cap, leads the digital assets in a price rally that benefited most crypto holders.