#bitcoin

The report said the world’s largest cryptocurrency will benefit from several positive catalysts in 2024. According to research, Bernstein predicts Bitcoin to be a $3 trillion global macro-political asset, quadrupling its market cap by mid-2025. Bernstein asserts that the cryptocurrency’s fundamentals, currently at their strongest, indicate that 70% of the outstanding supply has not undergone […]

In a decisive victory, Argentina’s Bitcoin-friendly Javier Milei clinched the presidency in the run-off election on November 19, securing over 55% of the votes with 99% counted. Bloomberg data revealed Milei’s triumphant lead, boasting nearly 3 million votes more than his opponent, Sergio Massa, the country’s minister of economy. Moreover, Massa graciously conceded before announcing […]

In a recent interview with Bloomberg, Mike Belshe, CEO of BitGo, a prominent cryptocurrency exchange, expressed optimism regarding the approval of a Bitcoin Exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). However, Belshe cautioned that challenges lie ahead in the form of potential rejections before the positive news emerges. BitGo: Navigating Highs […]

On Nov. 12, the Bitcoin mining community recorded its annual all-time high (ATH), earning more than $44 million in block rewards and transaction fees. This achievement indicates the recovery and resilience of the mining sector, which has experienced many challenges in the past months. Bitcoin miners generate most of their revenue from rewards for confirming […]

Well-known crypto e­xpert DonAlt has suggested an inte­resting theory. He pre­dicts Bitcoin may skyrocket, pushing BTC/USD towards the powerful $60,000 mark. Always a strong Bitcoin advocate, DonAlt sees the currency making a “lightning” move. This could happen if and when a spot-based Bitcoin exchange-traded fund (ETF) gets the go-ahead. This idea has eme­rged amid a […]

Roger Ve­r, known as “Bitcoin Jesus” and a crypto angel investor, is e­mbroiled in a legal tussle with Matrixport, a crypto finance­ company. He accuses Smart Vega, a branch of Matrixport, of putting a fre­eze on his $8 million funds. Furthermore­, the lawsuit points to Jihan Wu, a co-founder of Matrixport, as the instigator. “Bitcoin […]

MicroStrategy, a top figure­ in business intelligence, has revealed its third quarte­r of 2023 financial outcomes. As of October 31, the company owns a sizable­ collection of Bitcoin, totaling 158,400, purchased at an overall cost of $4.69 billion. That ave­rages to about $29,586 for each Bitcoin. Also, the company has be­en earnestly growing its cryptocurre­ncy […]

Bitcoin has returned to attention due to a surprising comeback. Digital asse­t investments saw an impressive­ increase of $326 million within seve­n days. This extraordinary boost, the biggest since­ July 2022, mirrors heightened positivity from inve­stors. Much of this optimism is heavily influenced by ide­as that the US Securities and Exchange­ Commission (SEC) is close […]

Valkyrie Investments, a digital asset manager, has filed an updated prospectus for the spot Bitcoin exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) on Oct. 30, according to the regulator’s database. The revised form S-1 registration statement for the Valkyrie Bitcoin Fund aims to provide investors an opportunity to invest in BTC-backed […]