Bitcoin began the week trading in a tight range, hovering just below the psychological $100,000 mark. The cryptocurrency market was influenced by optimism surrounding potential pro-crypto policies under the incoming Trump administration, while XRP saw a significant surge on speculation of favorable regulatory developments. Bitcoin Maintains Range Near All-Time Highs …
Read More »Will Trump’s Potential SEC Chair Pick Change Future of Crypto Regulation?
President-elect Donald Trump is expected to select a new chair for the U.S. Securities and Exchange Commission (SEC) soon. Among the top contenders is current SEC Commissioner Mark Uyeda, who has outlined a plan to position the U.S. as a global leader in cryptocurrency. This article explores Uyeda’s proposed strategies …
Read More »Crypto Market Update: Bitcoin Surges, Altcoins Lag
Bitcoin Dominance GrowsBitcoin (BTC) continued its upward trajectory, surpassing the $97,000 mark. This surge in BTC’s price has led to increased Bitcoin dominance, indicating a shift in investor preference towards the leading cryptocurrency. As a result, many altcoins have seen their prices decline relative to Bitcoin.Impact of the Tornado Cash …
Read More »Bitcoin Climbs as Optimism Grows Over Pro-Crypto Policies Under Trump Administration
Bitcoin extended its rally on Thursday, fueled by speculation that the incoming Trump administration will introduce more favorable cryptocurrency regulations. The cryptocurrency surged 3.1% to $95,645 by early trading hours, continuing its recovery toward the psychologically significant $100,000 milestone. Key Drivers Behind Bitcoin’s Rise Regulatory Shift to CFTC: Reports suggest …
Read More »Bitcoin Extends Losses as Profit-Taking, U.S. Policy Uncertainty Weigh on Sentiment
Bitcoin declined for a third consecutive session on Wednesday, as profit-taking from recent record highs continued. Concerns over U.S. trade and monetary policy added to the cautious market mood, pushing the cryptocurrency further away from the coveted $100,000 milestone. The world’s largest cryptocurrency fell 1.6% to $93,131.5 by 01:16 ET …
Read More »Bitcoin’s Diamond Hands Weaken: A Sign of Impending Correction?
Bitcoin’s long-term holders (LTHs), often hailed as the market’s steadfast bulls, have recently displayed an unexpected shift in behavior. These seasoned investors, who typically hold their coins for over 155 days, have begun to engage in significant profit-taking, a trend that could potentially signal an impending market correction. At the …
Read More »Bitcoin Retreats Below $95K Amid Trade Tariff Fears and Profit-Taking
Bitcoin continued its pullback on Tuesday, retreating 3.6% to $94,567.1 by early morning trade as concerns over potential trade wars reignited risk aversion across global markets. Key Developments in the Bitcoin Market Tariff Threats Dampening SentimentPresident-elect Donald Trump’s announcement of steep import tariffs on China, Canada, and Mexico rattled broader …
Read More »BTC Holds Below $100,000, But a Breakout Seems Imminent
At less than 2% below $100,000, Bitcoin (BTC) is trading. In November, the price of Bitcoin rose by more than 40%. What is the next goal for this current trend in Bitcoin? Since emerging from a long-term channel in November, the price of Bitcoin has skyrocketed. It has risen by …
Read More »$100,000 – A Turning Point for Bitcoin Price: Catalyst for Cryptocurrency Adoption, Regulatory Development
Bitcoin’s journey towards the $100,000 mark represents a pivotal moment. The price movement of the world’s most famous cryptocurrency is driven by several factors, including institutional adoption, global economic uncertainty, and the inherent strength and security of the Bitcoin network. The recent significant rise is expected to accelerate the adoption …
Read More »Coinbase plans to list more meme coins amid regulatory optimism
According to Tom Duff Gordon, vice president of Coinbase, the exchange will probably be able to provide services for smaller cryptocurrency tokens, such as meme coins. Because of his pro-crypto position, the executive expects industry expansion and regulatory certainty under Donald Trump’s administration. The SEC has accused Coinbase of running …
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