Argentina’s new government, led by self-proclaimed libertarian Javier Milei, has announced plans to streamline the process of legalising cryptocurrency holdings, even for those who have previously missed tax declarations. On December 27, the Argentine Congress introduced the “Law of Bases and Starting Points for the Freedom of Argentines,” a comprehensive 351-page bill that encompasses various […]
Marathon Digital, a Bitcoin mining company, has surged ahead as the most traded stock of the day. This remarkable feat has placed it ahead of tech giants like Tesla, Apple, and Amazon in terms of trading volume. With over $327 million traded in the last 24 hours, Marathon Digital is making waves in the investment […]
Bitcoin pushed to fresh yearly highs above $35,500 on Wednesday, while altcoins staged powerful rallies in the wake of the latest Federal Reserve decision on interest rates. Led by a 12% surge in Solana, altcoins significantly outperformed bitcoin through the day’s trading. Bitcoin rose 3.4% but firmly exceeded the $35,000 resistance that had capped its […]
Billionaire hedge fund manager Stanley Druckenmiller recently shared his perspective on Bitcoin, praising the leading cryptocurrency for establishing a strong brand over the last decade and a half. While Druckenmiller admitted he does not currently own any bitcoin, he believes he probably should. In an interview on October 30 with fellow billionaire investor Paul Tudor […]
With bitcoin surging to its highest price in months, online searches relating to purchasing the cryptocurrency have spiked worldwide. This signals strengthening public interest in digital assets amid optimism about greater mainstream adoption. According to research by Cryptogambling.tv, Google searches for “buy bitcoin” in the United Kingdom skyrocketed over 800% during the past week. The […]
Bitcoin appears on the verge of printing its first golden cross in over a year, sparking excitement among bullish traders eager for a new crypto rally. The largest cryptocurrency by market value has surged nearly 30% over the past two weeks. BTC recently tapped prices above $35,000 for the first time since May 2022, per […]
The introduction of spot Bitcoin ETF in the U.S. could potentially attract over $14 billion in inflows in the first year, according to new research from crypto asset manager Galaxy Digital. In a report published on October 25th, Galaxy estimates that bitcoin spot ETFs would see rapid adoption due to their regulatory oversight, liquidity, lower […]
Bitcoin briefly hit $35,000 on Monday for the first time in over a year as traders withdrew funds from exchanges, signaling growing bullish sentiment. According to data from CoinGlass, major exchanges like Binance saw net outflows of more than $500 million over the past day as Bitcoin rallied. Outflows typically indicate investors are moving assets […]
A dramatic bitcoin price surge has resulted in nearly $180 million worth of liquidations for traders betting against the cryptocurrency. According to market data, short positions on bitcoin futures accounted for close to 50% of the $400 million in total crypto liquidations that took place on Monday. BTC prices spiked 12% to over $35,000, fueled […]
Galaxy Digital CEO Michael Novogratz expressed confidence that U.S. spot bitcoin exchange-traded funds (ETFs) will finally be approved by regulators this year. In a recent CNBC interview, Novogratz predicted the SEC would give the green light to spot bitcoin ETFs before the end of 2023. He cited mounting pressure on the SEC following Grayscale’s court […]