The recent fluctuations in the price of Bitcoin have left many investors wondering whether the cryptocurrency will be able to reach a new all-time high in the near future. Despite hitting a peak of $73,400 in March 2024, Bitcoin has struggled to maintain its momentum and has been trading below its previous high for the
Bitcoin
In a recent speech at the Bitcoin2024 conference in Nashville, former President Donald Trump expressed his support for digital assets and outlined his vision for the US to become a global leader in the crypto space. Trump promised that the US government would not sell the 210,000 Bitcoin it currently holds and would work towards
Bitcoin has been on a rollercoaster ride recently, approaching its all-time high only to be rejected at the last minute. The surge in the flagship cryptocurrency’s price has been supported by several factors, including the growth in market capitalizations of stablecoins such as USDT and USDC. This increase in stablecoin market caps has significantly influenced
Shibarium, Shiba Inu’s layer-2 blockchain solution, has recently reached a significant milestone by processing over 6 million blocks. This achievement comes less than a year after its official launch, indicating a rapid growth in activity on the network. The resurgence in Shibarium’s metrics is evident with the spike in active accounts from 253 to 417
Donald Trump, the US Republican Presidential candidate, recently attended the Bitcoin 2024 conference in Nashville on July 27. During his appearance, Trump made bold promises to the crypto voters in attendance regarding the US government’s Bitcoin holdings. He stated that if elected, his administration would enforce a policy mandating the US government to retain “100%”
Recently, there has been an interesting proposal put forth by Republican representative for Wyoming at the Bitcoin 2024 Conference in Nashville. She suggested that the United States should diversify into Bitcoin and become the first developed nation to create a strategic Bitcoin reserve. This move, according to her, would not only fortify the dollar’s position
With the upcoming US presidential elections less than four months away, the tension and anticipation are palpable. The list of candidates includes the Republican nominee Donald Trump, the Democratic candidate Kamala Harris, the independent Robert Kennedy, and various others. Recent polls indicate that Trump and Harris are the front-runners, each garnering over 40% of the
The Bitcoin market has seen a recent shift in on-chain dynamics, suggesting that miner capitulation may be coming to an end. The Glassnode Hash Ribbon indicator, which measures BTC’s hash rate, has shown a positive cross between the short-term (30-day) and long-term (60-day) moving averages. This indicates that miners are returning to the network and
Senator Cynthia Lummis recently introduced a new piece of legislation that has the potential to significantly impact the economic landscape of the United States. The bill aims to establish a Bitcoin strategic reserve for the US, with the goal of accumulating at least 1 million BTC, which represents 5% of the total Bitcoin supply. The
President Donald J. Trump has recently made bold promises to make the US a Bitcoin “superpower” and to ensure that the country maintains its lead over competitors like China. In a recent statement, Trump declared that if elected, he would prevent the US government from selling the roughly 200,000 Bitcoin it currently holds, which represents