Bitcoin has extended its rebound on Wednesday, briefly reaching the $100,000 mark on the back of encouraging inflation report fueling investor’s risk appetite. The cryptocurrency experienced a 7 percent gain over two days, according to Coin Metrics. Bitcoin was last higher by more than 3 percent at $99,493.26, reflecting broader market optimism, driven largely by[…]
Bitcoin, the world’s largest and most prominent cryptocurrency, hit an all-time high on 16th December, crossing the $107,000 mark. This unprecedented surge set a new milestone in the crypto world and came after U.S. President-elect Donald Trump shared his plan to create a U.S. Bitcoin strategic reserve, similar to its strategic oil reserve. Market reaction[…]
The identity of Bitcoin’s creator has been one of the most compelling mysteries in the world of cryptocurrency. Over a decade has passed since Bitcoin’s rise, and the question of who Satoshi Nakamoto truly is has never been conclusively answered. Now, a new HBO documentary has reignited speculation, suggesting that Peter Todd, a Canadian developer,[…]
This month, traders who bet that former US President Donald Trump will spark a bitcoin price boom have seen the cryptocurrency explode back to life. Due in large part to the “crazy” prediction made by Shark Tank billionaire Mark Cuban, the price of bitcoin has increased by nearly 20% since its low points in early[…]
The historic launch of spot Bitcoin exchange-traded funds (ETFs) in the United States has led to a sell-off in the cryptocurrency market. Despite this, the ETFs have been successful in their first week of trading, a sentiment echoed by industry analysts. From the first day of spot Bitcoin ETF trading on 11 January, Bitcoin’s value[…]
Blackrock, the world’s largest asset management company, may potentially spearhead a Wall Street bull run. Bitcoin price surges to pre-2022 In recent months, the cryptocurrency market has been on a feverish surge, with Bitcoin leading the charge, buoyed by sky-high expectations. While some attribute this newfound optimism to an unexpected shift from the Federal Reserve,[…]
In the last 24 hours, the total volume of the global crypto market was $45.40 billion, a decline of 5.94 per cent. The global crypto market cap, however, saw a bullish increase of 2.98 per cent over the previous day, reaching $1.20 trillion at 10 am IST on Wednesday. Coinmarketcap reported that DeFi was trading[…]
GMT has become the 30th member of the Bitcoin Mining Council (BMC), alongside well-known bitcoin mining players such as Argo, BlockCap, Core Scientific, Hive, Hut8, Marathon Digitais Holdings, Riot, Galaxy Digital and twenty others This news was shared at the AIBC Europe Summit in Malta during a fireside chat between Michael Saylor, Founder, Chairman and[…]
Bitcoin’s value: highly fluctuant with a volatile trading history | AIBC News
Sacramento Kings owner Vivek Ranadive plans to give his players a bitcoin option, further proving that the NBA team is the most crypto-forward teams in professional sports | AIBC News
Bitcoin’s decrease in volatility has made it attractive to investors that are looking for low-correlation assets to diversify their portfolios | AIBC News
The U.S. Senate has blocked an attempt to advance the Clarity Act, dealing a setback to the cryptocurrency industry’s push for a federal market structure framework. Senators voted 49-50 on Tuesday against invoking cloture on the motion to proceed. The procedural measure, which required 60 votes, would have limited debate and allowed the Senate to[…]