Bitcoin

Bitcoin has achieved a new all-time high, surpassing $82,000, and has continued to climb. This suggests that investors are confident the world’s leading cryptocurrency will gain even more, following U.S. elections that resulted in a significant number of pro-crypto candidates being elected. During his campaign, President-elect Donald Trump vowed toRead More →

Origin of Bitcoin

Bitcoin’s origin is one of the most captivating mysteries of the digital age. The cryptocurrency was created in 2008 by an unknown individual or group under the pseudonym Satoshi Nakamoto. Despite numerous investigations, the true identity of Nakamoto remains shrouded in secrecy. Story The story of Bitcoin begins with theRead More →

Bitcoin new high!

Bitcoin, which could benefit from relaxed regulation, soared to an all-time high and topped $76,000. Bitcoin rallied Wednesday 6th November 2024, hitting all-time highs as former President Donald Trump defeated Vice President Kamala Harris to win the election an become the 47th U.S. president. The price of Bitcoin touched a fresh record ofRead More →

XRP Ripple system

Ripple has announced the launch of a range of features designed to assist banks and fintech’s with the storage of digital tokens, marking a significant expansion into the realm of crypto custody. Crypto custody services, which support clients in managing their crypto assets, represent a new venture for Ripple, nowRead More →

Crypto

Cryptocurrencies fell on Tuesday evening 1st October 2024, with Bitcoin retreating to the $60,000 level following an unstable beginning to what is typically one of its best performing months. Shares associated with digital currencies also fell in after-hours trading. Crypto exchange Coinbase saw a decline of about 1%, and MicroStrategyRead More →

Crypto exchange

The retail investment platform Robinhood has announced the introduction of cryptocurrency transfers in and out of its app for European customers As part of its international expansion efforts, the company aims to enhance its product offerings in the region. According to a blog post-dated Tuesday 1st October 2024, Robinhood willRead More →

Crypto sell-off

The cryptocurrency market experienced a significant plunge on Sunday/Monday, 5th August 2024, losing approximately $270 billion in value within a 24-hours. Both Bitcoin and Ether underwent substantial declines as investors moved away from high-risk assets. This downturn followed the Nasdaq’s worst three-week performance in two years and occurred as theRead More →

Broad market Bull run

The Dow Jones Industrial Average closed at a record high Tuesday 16th July 2024, rallying 743 points for its biggest one-day increase in more than a year, as the bull run appeared to broaden. The small cap-focused Russell 2000 also rose for the fifth straight day, rising 3.5% fast closing in onRead More →

Bitcoin ETF

Bitcoin exchange-traded funds (ETFs) debuted in January 2024, yet their adoption by financial advisors has reportedly been sluggish. Advisors’ hesitations stem from Bitcoin’s price volatility and its relatively brief history. Bitcoin ETFs serve as a conduit between cryptocurrency and conventional finance. According to a BlackRock spokesperson – financial advisors areRead More →

Bitcoin mining

Bitcoin miners have been diversifying operations into artificial intelligence (AI) due to several key factors. Since Bitcoin halving, miners have been searching for more lucrative income streams as AI and crypto industries collide. Revenue shift The revenue from crypto mining, especially Bitcoin, has significantly decreased in recent months. After the ‘BitcoinRead More →

Bitcoin halving is a significant event in the cryptocurrency world What is Bitcoin Halving? Bitcoin halving, which happens roughly every four years, cuts the rate of new Bitcoin creation by half. This event is tied to the method of recording and generating Bitcoins. Transactions are logged on a blockchain, a ledgerRead More →

Japan and Bitcoin

Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund, is reportedly considering Bitcoin as a potential investment. With an impressive $1.4 trillion in assets under management, the GPIF’s exploration of Bitcoin represents a notable departure from its conventional investment approach. This development occurs during a significant increase inRead More →

Bitcoin

Bitcoin extended its slide on Tuesday 19th March 2024, dropping more than $10,000 from its all-time high last week. The cryptocurrency went below $63000. Last week it climbed to a record $73679. The move helped drag other cryptocurrencies lower. Ether lost more than 5% and was recently trading at $3,287.58 after topping $4,000 lastRead More →

Bitcoin up on ETF growth

Bitcoin has been on a remarkable ascent! It soared past the $72,000 mark on Monday 11th March 2024, setting a new all-time record. This surge is attributed to a growing demand for new spot exchange-traded funds (ETFs), which have been approved for listing in the U.S. by some of the world’s largest financial firms. Read More →

Bitcoin up

Bitcoin’s price leapt 10% in just two days and on Monday 26th February 2024, surpassed $54,000 for the first time since December 2021 The gains came on the back of MicroStrategy disclosing another large purchase of about 3000 Bitcoins for $155 million. Analysts see a flow of funds into BitcoinRead More →