The world's largest cryptocurrency is expected to continue its upward trend in the coming weeks.
Bitcoin values hit record highs. Should you invest in cryptocurrency? Here's how it works
Bitcoin values continue to skyrocket, with the crypto currency at a record price and approaching $100,000. Should you invest? Here's what to know.
Michael Saylor Reveals MicroStrategy Is 'Making $500M A Day' With Bitcoin
MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor has revealed that the company is minting $500 million a day as Bitcoin (CRYPTO: BTC) inches closer to $100,000 for the first time in its history. What Happened: Saylor, who has been all-in on Bitcoin for years now, has revealed an insane statistic – MicroStrategy's holdings of the top cryptocurrency have appreciated by as much as $5.4 billion over the last two weeks. In an interview with CNBC, Saylor broke down MicroStrategy's gains, say
Bitcoin Treading Water Below $100,000 With Big Target In Sight
(Bloomberg) -- Bitcoin has spent the weekend so far trading well shy of the landmark $100,000 level, once again dashing enthusiasts’ hopes that the oldest of digital assets would breach that significant financial — and psychological — threshold.Most Read from BloombergNYC's Underground Steam System May Be Key to a Greener FutureIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC Gets Historic Push for 80,000 Homes With $5 Billion PledgeNYC Mayor Adams Names Jessic
Ethereum-to-bitcoin ratio plummets to three-year low as BTC approaches $100,000
With bitcoin fast nearing $100,000, market analysts are closely watching the ETH/BTC price ratio.
Bitcoin’s rally is making some investors nervous about the stock market
Bitcoin’s run toward $100,000 has helped unleash massive gains for shares of a handful of cryptocurrency-adjacent companies. But it’s also raising questions about what it might mean for the rest of the stock market.
Trump’s Treasury Pick Wants Shadow Fed Chair, Maybe Weak Dollar
(Bloomberg) -- Scott Bessent, the veteran hedge fund manager who Donald Trump picked to become the next Treasury secretary, wants tariffs, a shadow chair for the Federal Reserve and maybe a weaker dollar.Most Read from BloombergNYC's Underground Steam System May Be Key to a Greener FutureIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC Gets Historic Push for 80,000 Homes With $5 Billion PledgeNYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid ProbesRe
Bitcoin Is Doing Something It Has Never Done Before, and It May Lead to Big Gains
In 2021, the first Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) hit the U.S. market. Following the launch, Morningstar analyst Ben Johnson told investors in no uncertain terms, "These aren't the Bitcoin ETFs you're looking for." The problem with that strategy is that price changes in futures contracts do not always mirror price changes in Bitcoin.
Saudi Arabia Gets First Moody’s Upgrade On Economic Advance
(Bloomberg) -- Saudi Arabia’s sovereign rating was upgraded by Moody’s Investors Service for the first time since the company initially assessed it in 2016, driven by continued progress in the kingdom’s economic diversification and a better outlook for the non-oil sector. Most Read from BloombergNYC's Underground Steam System May Be Key to a Greener FutureIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC Gets Historic Push for 80,000 Homes With $5 Billion Pledge
Cryptos targeted by regulation are soaring on SEC chair's plan to step down
Tokens such as XRP and ADA jumped Friday on news that SEC chairman Gary Gensler planned to step down once Trump returns to the White House.