December 6, 2024
Bitcoin has surged past $100,000, prompting FT Alphaville to issue an apology for its critical stance, though they stand by their previous criticisms of the cryptocurrency. The apology has drawn skepticism and criticism, highlighting the ongoing tension between traditional and decentralized finance.
Bitcoin surged past $100,000, up 140% this year, prompting Jim Cramer to stress portfolio diversification including both stocks and cryptocurrencies. He cites Palantir, Tesla, Costco, and Nvidia as key stocks while noting Trump’s crypto-friendly policies, including nominating Paul Atkins to head the SEC.
Bitcoin recently hit a temporary high of $104,000, sparking bullish sentiment despite a 4.11% drop in the last 24 hours. Analysts anticipate a potential surge to $127,000 by year's end, though volatility remains a concern.
The digital asset market has surged by 150% in 2024, driven by President-elect Trump's favorable remarks, with Bitcoin hitting $100,000 for the first time. This marks a pivotal shift towards mainstream acceptance, bolstered by global regulatory clarity and increasing adoption across sectors.
Bitcoin's scarcity continues to drive its price upward, distinguishing it from other cryptocurrencies. This trend is bolstered by investor FOMO and a unique power law model analyzing its price behavior.
Bitcoin's market cap has soared past $2 trillion, becoming the 11th largest economy globally, driven by investor and political enthusiasm. Meanwhile, S&P 500's 27% gain in 2024 is its best since 2019, but experts warn of potential market corrections.
Jamie Coutts, Real Vision's chief crypto analyst, warns Bitcoin is on 'borrowed time' as worsening global liquidity could impact its future gains. Despite Bitcoin's current high trading levels, the strength of the US Dollar Index and deteriorating liquidity conditions pose significant risks for the crypto market in the coming months.
Mike Novogratz, CEO of Galaxy Digital, speculates that Bitcoin's creator, Satoshi Nakamoto, is likely deceased, especially after Bitcoin's rise to over $100,000. He cautioned about the market's volatility due to high leverage, predicting potential corrections despite Bitcoin's global asset status.
December 5, 2024
Bitcoin has hit an unprecedented $100,000, reaffirming its stronghold in the crypto space. Experts like Ki Young Ju caution against premature selling, as institutional interest surges, potentially pushing prices higher.
Bitcoin has surged past $100,000 for the first time, marking a significant milestone that could attract more cautious investors. While some traders downplay the excitement, others predict even higher future gains.
Bitcoin's value has surged past $100,000, a milestone driven by the appointment of pro-crypto Paul Atkins as SEC chairman, signaling a favorable shift for cryptocurrency regulation. Industry leaders, like Coinbase's Brian Armstrong, highlight Bitcoin's historical performance and advocate for its inclusion in strategic reserves.
Bitcoin is trading at $96,216, showing slight gains amid signs of a potential uptrend. Analysts highlight positive technical patterns and increased investor activity, suggesting a possible rally if demand persists.
Bitcoin's value surged by 7% to over $100,000 following Donald Trump's election and his pro-crypto stance. Analysts credit the upcoming halving event and Federal Reserve policies for boosting investor confidence.
Bitcoin's price is nearing $100,000, bolstered by the SEC's approval of 11 spot Bitcoin ETFs in early 2024. Analysts predict further growth, but caution about risks given geopolitical and economic factors.
Bitcoin hits a new high of $104,000, pushing its market cap beyond $2 trillion and surpassing giants like Nvidia and Apple. This 135% year-to-date surge fuels speculation about reaching $200,000.
Bitcoin has soared past $100,000, challenging previous skepticism and gaining traction with institutions like Blackrock. Critics, including prominent figures, face backlash as supporters dismiss their earlier warnings.
Bitcoin's value skyrocketed beyond $100,000, fueled by Donald Trump's presidential victory and sparking renewed interest in cryptocurrencies globally. Meanwhile, India's Supreme Court has legalized cryptocurrencies, though stringent taxes and regulations remain for investors.
Bitcoin prices soar past $100,000 following Donald Trump's election, with Elon Musk hinting at potential U.S. bankruptcy and advocating for major policy shifts. Musk's influence grows as he advises Trump on fiscal strategies, including a potential 'strategic national bitcoin reserve' amid discussions of the BITCOIN Act.
Ethiopia is rapidly becoming a key player in Bitcoin mining, now contributing 2.5% to the global hash rate. This growth is fueled by abundant hydropower and significant Chinese investment post-2021.
December 4, 2024
Roger Ver is challenging a U.S. indictment for allegedly dodging $240 million in taxes from Bitcoin sales, citing constitutional violations and unclear tax laws. His legal team hopes for leniency from an expected Trump administration, as the case, drawing significant crypto community interest, could redefine digital asset taxation.