Wyoming Senator Cynthia Lummis is advocating for the United States Treasury Department to convert a portion of its gold holdings into Bitcoin (BTC) to establish a Bitcoin strategic reserve. Lummis told Bloomberg that by converting … Senator Lummis says Treasury should convert gold for Bitcoin reserveRead more
Bitcoin news
Bitcoin will not fall to $60K with no ‘threats in the near-term’ — Michael Saylor
MicroStrategy founder and Bitcoin bull Michael Saylor has ruled out the chances of Bitcoin retracing to $60,000 — a crucial price level for the majority of 2024. “I don’t think it is going to $60,000, … Bitcoin will not fall to $60K with no ‘threats in the near-term’ — Michael SaylorRead more
Analyst says strong DXY no good for Bitcoin price, urges leverage traders to be ‘careful’
The United States dollar rising to year-to-date highs has raised concerns about the sustainability of the current Bitcoin bull run, with a crypto analyst warning traders to be cautious about making overly speculative bets. “The … Analyst says strong DXY no good for Bitcoin price, urges leverage traders to be ‘careful’Read more
Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’
United States President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a new government agency, the Department of Government Efficiency (DOGE), aimed at reducing federal spending and cutting regulations. The new organization … Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’Read more
Crypto market cap hits $3.1T high, could soon surpass France’s GDP
Crypto market capitalization has reached a new all-time high of $3.12 trillion — and is now close to surpassing France’s gross domestic product (GDP). On Nov. 11, total crypto market capitalization soared 7% over 24 … Crypto market cap hits $3.1T high, could soon surpass France’s GDPRead more
Crypto inflows hit $1.98B amid post-election momentum
Cryptocurrency investors maintained strong interest in digital investment products last week, driven by post-election market momentum. Crypto investment products saw $1.98 billion in inflows from Nov. 3–9, pushing global assets under management to a record … Crypto inflows hit $1.98B amid post-election momentumRead more
BTC price sets fresh all-time high near $77K amid 'long squeeze' fears
Bitcoin (BTC) circled $76,000 on Nov. 8 as “high leverage liquidity” formed around spot price. BTC/USD 1-hour chart. Source: TradingView Bitcoin embraces Fed rate cut with trip toward $77K Data from Cointelegraph Markets Pro and … BTC price sets fresh all-time high near $77K amid 'long squeeze' fearsRead more
Crypto community celebrates Trump’s election victory
The cryptocurrency community is celebrating the victory of former President Donald Trump in the 2024 United States presidential election while officials are finalizing election results. Trump, the Republican candidate, declared victory on election night, Nov. … Crypto community celebrates Trump’s election victoryRead more
2024 US elections live: Crypto on the ballot
What to expect on crypto policies depending on US election outcomes With control of both chambers and the White House essentially up for grabs between Democrats and Republicans, the impact on cryptocurrency and blockchain policies, … 2024 US elections live: Crypto on the ballotRead more
Bitcoin looks ripe for a rebound, and so do ETH, DOGE, LTC, and XMR
Bitcoin’s (BTC) rejection near the all-time high earlier in the week may have attracted profit booking by the short-term traders. Although the price has dropped near $68,000, analysts remain positive on the markets. They anticipate … Bitcoin looks ripe for a rebound, and so do ETH, DOGE, LTC, and XMRRead more
Bitcoin analyst sees $66K 'local bottom' as BTC price liquidates $200M
Bitcoin (BTC) faces a “more profound pullback” after weekend BTC price weakness cost longs $200 million. In his latest market analysis on X, popular trader Titan of Crypto joined those warning of a deeper correction … Bitcoin analyst sees $66K 'local bottom' as BTC price liquidates $200MRead more
Trump makes big promises about crypto in US — But can he deliver?
Former president and 2024 Republican presidential candidate Donald Trump has delivered many broken promises in his political career. This year, Trump has taken up crypto in an attempt to lure in crypto voters. On July … Trump makes big promises about crypto in US — But can he deliver?Read more
Has Russia really ‘legalized’ cryptocurrency mining?
Russian President Vladimir Putin has signed a set of laws providing a regulatory framework for cryptocurrency mining operations in Russia. Although the legislation defines key legal concepts in crypto mining, industry experts caution that Russia … Has Russia really ‘legalized’ cryptocurrency mining?Read more