In the last week, Bitcoin (BTC) secured an all-time high above $109,000 as Billionaire Republican Donald Trump became the 46th US President. However, the premier crypto asset has since declined, with its current market price […]
Pierre Rochard, Vice President of Research at Riot Platforms, has alleged that Ripple poses the greatest challenge to establishing a Strategic Bitcoin Reserve (SBR). According to Rochard, Ripple’s resistance stems from its vested interest in […]
Nasdaq has submitted a proposal to the US Securities and Exchange Commission (SEC) to enable in-kind creation and redemption for BlackRock’s iShares Bitcoin ETF (IBIT). This request, filed on January 24, seeks to amend the […]
The Bank of Japan (BOJ) announced a historic 25 basis point (bp) hike, raising its benchmark lending rate to 0.5%, the highest since 2008. Though widely anticipated, this move has traders and investors on the […]
Goldman Sachs CEO David Solomon has shared his thoughts on the role that Bitcoin plays in the global financial system. At a recent event, Solomon denied that Bitcoin or other cryptocurrencies might threaten the US […]
MicroStrategy, the software company turned Bitcoin juggernaut, is grappling with an unexpected tax conundrum. Its $47 billion Bitcoin (BTC) holdings — comprising $18 billion in unrealized gains — place it squarely in the crosshairs of […]
Guess who’s back and buying more Bitcoin? It’s Blackrock taking a bolder approach to the world’s top digital asset. According to Arkham Intelligence’s recent tracking, BlackRock reportedly bought $600 million worth of Bitcoin on January […]
The crypto world now boasts a staggering 88,200 crypto-millionaires scattered across the globe, according to the latest Crypto Wealth Report. This burgeoning class of wealth holders has seen their fortunes swell thanks to the ever-expanding […]
The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holding digital assets, according to analysts from Berenberg Capital. On Sept. 6, the U.S. Financial […]
Bitcoin is currently in a very wobbly position. The price action remains just above fragile support in the $25,000 area. Its loss could lead to a sharp decline. On the other hand, the uptrend, which […]
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