Tag: Bitcoin Market

  • Bitcoin Surges Past $106K, Outpaces Gold with Unmatched Purchasing Power

    Bitcoin Surges Past $106K, Outpaces Gold with Unmatched Purchasing Power

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    Oscar

    Bitcoin has achieved another historic milestone, soaring past $106,000 per coin and reaching unprecedented purchasing power relative to gold. The Bitcoin-to-gold ratio, a key metric comparing Bitcoin’s value to that of gold, hit an all-time high of 40 ounces of gold per Bitcoin. Bitcoin-to-Gold Ratio Hits Record High Veteran trader Peter Brandt highlighted this milestone,…

  • Crypto Trading Skyrockets Post-Elections, Hits New Milestones

    Crypto Trading Skyrockets Post-Elections, Hits New Milestones

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    Oscar

    November witnessed a remarkable surge in crypto trading, driven by renewed investor enthusiasm following the U.S. general elections. Centralised exchanges and derivatives platforms reported record-breaking growth, signaling a bullish shift in the market. Spot Trading Volume Soars Crypto spot trading volume surged by 141% in November, with South Korea’s Upbit leading the charge with a…

  • Crypto.com Joins Forces with Deutsche Bank to Expand Banking Capabilities

    Crypto.com Joins Forces with Deutsche Bank to Expand Banking Capabilities

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    Oscar

    Crypto.com, a leading cryptocurrency exchange, has announced a strategic partnership with Deutsche Bank, Germany’s largest financial institution and a global corporate banking leader. This collaboration aims to bolster Crypto.com’s corporate banking capabilities across key markets such as Singapore, Australia, and Hong Kong, positioning the platform for continued international growth. Commitment to Security and Innovation Karl…

  • Peter Schiff Says Biden Selling All US Bitcoin Would Be “Good,” Here’s Why

    Peter Schiff Says Biden Selling All US Bitcoin Would Be “Good,” Here’s Why

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    V Sinclair

    Renowned economist Peter Schiff has made another bold statement against Bitcoin. Schiff stated that Joe Biden’s government selling all the country’s BTC holdings would be a good thing and further explained why such a move would benefit the US. Peter Schiff Says Biden Selling All US Bitcoin Will Be “Good” In an X post, Peter…

  • Following the NCPPR proposal, Amazon must decide whether to invest in Bitcoin.

    Following the NCPPR proposal, Amazon must decide whether to invest in Bitcoin.

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    V Sinclair

    The National Center for Public Policy Research (NCPPR), a conservative think tank based in Washington D.C., submitted a shareholder proposal to Amazon, urging the tech giant to allocate 5% of its total assets into Bitcoin. The proposal, which suggests that Amazon hedge against inflation and diversify its treasury, highlights Bitcoin’s recent performance as a key reason for…

  • After Ethereum hit $4,000, Justin Sun invested $119.7 million in HTX.

    After Ethereum hit $4,000, Justin Sun invested $119.7 million in HTX.

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    V Sinclair

    Justin Sun, the founder of Tron, has gained attention for depositing 29,920 ETH, worth $119.7 million, into HTX. This comes as Ethereum’s price surpasses $4,000. Sun made a big investment by buying 392,474 ETH from February to August 2023. He paid an average of $3,027 for each ETH, totaling around $1.19 billion. Right now, Sun’s…

  • Bitcoin Breaches $100,000 Mark, Setting New All-Time High

    Bitcoin Breaches $100,000 Mark, Setting New All-Time High

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    Issac Lane

    BTC Hits $104,630 Amid Growing Market Optimism Bitcoin (BTC) has surged past the highly anticipated $100,000 milestone, reaching a record high of $104,630 on 5 December. The cryptocurrency’s 9% rally from its $95,000 support has marked another period of price discovery, popularly referred to as the “Santa rally,” as investors eye further gains before the…

  • Trump Taps Paul Atkins as SEC Chief, Pledges Crypto-Friendly Future

    Trump Taps Paul Atkins as SEC Chief, Pledges Crypto-Friendly Future

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    Oscar

    President-elect Donald Trump has nominated Paul Atkins as the new chair of the Securities and Exchange Commission (SEC), signalling a shift toward pro-business policies and looser regulation, particularly in the fast-evolving cryptocurrency market. A former SEC commissioner under President George W. Bush, Atkins is known for his conservative stance on financial regulation and his support…

  • Bitcoin Breaks into the Top 10 Largest Currencies Globally

    Bitcoin Breaks into the Top 10 Largest Currencies Globally

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    Oscar

    Bitcoin, the pioneering cryptocurrency, has made history by becoming the world’s 10th largest currency by market capitalisation. With 19.8 million BTC valued at $2.04 trillion, Bitcoin’s meteoric rise cements its status as one of the most influential assets in global finance. A Remarkable Journey to the Top Since its inception in 2009, Bitcoin has grown…

  • Bitcoin Surges as MicroStrategy Eyes Nasdaq-100 Inclusion

    Bitcoin Surges as MicroStrategy Eyes Nasdaq-100 Inclusion

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    Oscar

    MicroStrategy, a business analytics firm turned “bitcoin treasury” juggernaut, is on the verge of being included in the prestigious Nasdaq-100 Index. With a $75 billion market cap and a near-500% stock price surge in 2024, it currently ranks as the 66th-largest company in the market. Analysts believe its inclusion is “basically guaranteed,” though some warn…