Bitcoin, the leading cryptocurrency, continues to grapple with the monumental barrier of the $100,000 threshold. This pivotal marker is not just a figure in a chart; it holds psychological significance for investors, shaping their trading strategies. Recently, Bitcoin experienced a near-miss, falling short of this target by a mere $500 on November 20. Following this
2024
In a progressive shift toward modern finance, Vancouver’s Mayor Ken Sim has proposed a noteworthy initiative to integrate Bitcoin (BTC) into the city’s investment portfolio. This move, aimed at solidifying Vancouver’s status as a cryptocurrency-friendly municipality, highlights the mayor’s vision of diversifying the city’s financial assets and safeguarding its economic future. During a recent city
As the cryptocurrency market evolves, Bitcoin (BTC) continues to overshadow its counterparts, recently reaching new heights in its valuation. While Bitcoin celebrates this achievement, Ethereum (ETH), the second-largest digital currency by market cap, has been experiencing relatively muted price movements. This has raised eyebrows within the crypto community; however, some analysts are suggesting that the
The cryptocurrency market, particularly Bitcoin, has always been a subject of intrigue and speculation among investors. Recent trends have raised serious concerns about its stability, particularly as the global M2 money supply shows signs of decline. Understanding these dynamics is crucial for any investor aiming to navigate the often-turbulent waters of crypto investment, especially in
In a decisive move that underscores the rapidly changing dynamics of the cryptocurrency industry, Kraken has announced the imminent closure of its NFT marketplace. This strategic shift is not merely a reaction to immediate market pressures but is indicative of a broader re-evaluation of priorities in the crypto space. Kraken, one of the foremost players
In a world where trust in democratic processes is waning, the concept of blockchain voting is generating considerable interest among policymakers, technologists, and citizens alike. This novel technology promises increased transparency, security, and efficiency in electoral processes, potentially transforming how we vote forever. However, the journey from concept to implementation is fraught with challenges that
Recent statistics unveiled by the Financial Conduct Authority (FCA) indicate a notable increase in cryptocurrency ownership among UK adults, rising from 10% to 12%. This growth signifies a broader acceptance of digital assets in mainstream finance, signaling a shift in public perception and willingness to engage with innovative financial products. Alongside ownership, the awareness of
The cryptocurrency market, after experiencing significant upward momentum in recent days, is witnessing a cooling-off period. As we step into the week, a notable correction among digital assets has emerged, reflecting the volatile nature of this burgeoning financial sector. Despite the recent downturn, the economic environment seems to maintain a favorable outlook for cryptocurrencies and
The announcement of the trademark application for “TruthFi” by the Trump Media and Technology Group (TMTG) marks an intriguing turn in the intersection of politics and cryptocurrency. As the organization prepares to potentially launch a digital currency payment service, it raises several questions about the feasibility, timing, and broader implications of such an initiative in
In an unprecedented week, the landscape of the cryptocurrency market witnessed stark contrasts, especially within the realm of spot Exchange-Traded Funds (ETFs). Following Donald Trump’s high-profile victory in the 2024 presidential election, the U.S.-based Bitcoin ETFs experienced an exhilarating surge. With every trading day, substantial inflows of capital rolled in, showcasing a remarkable investor confidence