The city of Vancouver is embarking on a bold journey to integrate Bitcoin into its financial strategies. Mayor Ken Sim’s recently approved motion proposes diversifying the city’s financial reserves and payment options by incorporating Bitcoin (BTC). The motion reflects a growing global interest in digital currencies and their potential to provide stability amid economic volatility.…
Bitcoin exchange-traded funds (ETFs) have hit a significant milestone, surpassing $100 billion in assets under management (AUM) within a year of their debut. As the price of bitcoin (BTC) soared past $100,000 following President-elect Donald Trump’s victory, the demand for bitcoin ETFs has skyrocketed. Crypto enthusiasts and analysts believe there’s still plenty of opportunity to…
The recent U.S. presidential election victory of Donald Trump has sent shockwaves through the cryptocurrency market. Bitcoin (BTC) has skyrocketed to over $100,000, marking a historic milestone for the digital asset. The surge comes amid speculation about Trump’s pro-crypto stance and the possibility of creating a strategic bitcoin reserve. Let’s explore what drove the bitcoin…
Bitcoin has hit a new milestone, crossing the $100,000 threshold for the first time. This surge comes as part of a broader rally in the cryptocurrency market, largely fueled by the post-election optimism following the election of Donald Trump. But what does this mean for Bitcoin’s future? Will the Bitcoin price surge continue, or is…
Bitcoin (BTC-USD), the world’s first cryptocurrency, has captured global attention with record-breaking valuations. After doubling in value during 2024, Bitcoin is now trading near $100,000, sparking interest among investors. But is Bitcoin right for your portfolio? This article explores Bitcoin investment basics, from how it works to its benefits and risks. What Is Bitcoin? Bitcoin…
Bitcoin (BTC-USD) surged back to $98,000, nearing its record high, following the announcement that Securities and Exchange Commission (SEC) Chair Gary Gensler will step down on January 20. This key development coincides with heightened optimism about potential pro-crypto policies under the incoming U.S. administration, creating a bullish environment for digital assets. The cryptocurrency peaked at…
Bitcoin (BTC) is on the brink of a historic milestone, with market analysts projecting that its price could surpass $100,000 before the end of November. The cryptocurrency recently reached a record high of $90,000, bolstered by improving market sentiment and a pro-crypto policy environment expected under President-elect Donald Trump. Record-Breaking Month for Bitcoin Historically, November…
The latest earnings season saw Bitcoin miners releasing mixed results amid a postelection Bitcoin rally. As Bitcoin (BTC) reached a record high of $89,995 on Monday, the cryptocurrency’s rapid ascent continued to fuel activity in the mining sector. Leading miners, including Hut 8 (NASDAQ:HUT), HIVE Digital (NASDAQ:HIVE), and MARA Holdings (NASDAQ:MARA), delivered quarterly results with…
Bitcoin (BTC) has broken past the $73,000 mark, reaching close to its all-time high. With projections hinting at a climb toward $150,000 by 2025, the cryptocurrency market is buzzing with excitement as the post-halving bull market unfolds. Analysts believe Bitcoin’s potential peak could be reached due to factors such as liquidity expansion, increased institutional adoption,…
Bitcoin is once again making headlines as its price approaches $70,000, driven by growing risk-on sentiment across the crypto market. The Bitcoin price surge is not an isolated event; it reflects the increasing demand from both institutional and retail investors, who are positioning themselves for potentially higher returns. This trend has been bolstered by several…