After a meteoric rise from $26,750 on Oct. 12 to close the month at $34,667 on Oct. 31, Bitcoin price (BTC) is still rising in November. BTC pumped from the $36,500 handle to multi-day support at $37,400 the day Grayscale Investments met with the SEC over its Bitcoin ETF application. But its gains have seen […]
Is the Bitcoin (BTC) Price Rally in Danger? ETF Bears Warn Read More »
Source: Adobe/monticellllo MicroStrategy, the enterprise business firm known for its bullish stance on Bitcoin (BTC), has seen its stock soar to a two-year high. The technology company’s shares closed above $500 on Black Friday, a level not seen since December 2021, according to data from Yahoo! Finance. As of now, MicroStrategy boasts a market cap of $7.55
MicroStrategy’s Bitcoin Holdings Drive Stock to Two-Year High – Here’s the Latest Read More »
Bitcoin price’s recent 1.4% gain, bringing its trading price to $37,800, has investors pondering: is this the beginning of steady growth, or just a brief respite before a decline? This uptick comes amid the release of “Bull Run,” a documentary exploring the nuances of Bitcoin and trading addiction, potentially influencing market sentiment. However, JPMorgan’s warning
On Nov 1, the IRS announced, “The limit on annual contributions to an IRA increased to $7,000, up from $6,500,” for the 2024 tax year. The 401(k) limit also went up by $500 to $23,000. That means Bitcoin investors who are saving for retirement with a self-directed Bitcoin IRA can now contribute $500 more next
Bitcoin IRA Savers Have New IRS Contribution Limits in 2024 Read More »
While BTC’s price has been on a roll in the past few months, certain stocks with strong relation to the asset or the industry have been flying as well. Such is the case with MicroStrategy, whose stock price is up by more than 250% since the start of the year, and Coinbase (COIN), which has
As Bitcoin price breaks the $38,000 barrier for the first time since May 2022, the crypto community is abuzz with anticipation: could $40,000 be the next milestone? Currently trading at $37,790, marking a 1.25% increase on Saturday, Bitcoin is showing signs of a robust recovery. This resurgence aligns with PlanB’s projection, emphasizing an average BTC
Image Source: Pixabay The world of film is embracing blockchain technology and the opportunities it brings to decentralize the investment process. With the ability to tokenize projects and involve individuals in the financial outcomes of films, blockchain offers transparency and efficiency that was previously unavailable. One such film that explores this intersection is “Bull Run,”
Bitcoin and Trading Obsession Take Center Stage in ‘Bull Run’ Crypto Documentary Read More »
A prominent Bitcoin Lightning wallet provider – Wallet of Satoshi – announced its decision to remove its app from the US Apple and Google app stores. In a Twitter post addressed to the community, Wallet of Satoshi clarified that it will cease catering to customers in the country. This sparked speculation that the decision might
Bitcoin Lightning App ‘Wallet of Satoshi’ Exits US Market Read More »
El Salvador Bitcoin. Source: RawBeautyPixels/Adobe More than two years after implementing Bitcoin (BTC) as legal tender, El Salvador’s big crypto bet is still struggling to bear fruit. That includes the government’s own BTC investments, which still appear to be underwater due to the president’s ill-timed buys. According to the Nayib Bukele Portfolio Tracker website, the
Bitcoin as Legal Tender: El Salvador’s Risky Financial Maneuver Struggles to Pay Off Read More »
The prospect of a regulated spot Bitcoin ETF has roused cryptocurrency investors into a frenzied bull run. They expect an ETF product to on-ramp millions of investors in structured broker-dealer accounts. Since March, Bitcoin (BTC) has traded in a range bound by support at $25,000 and resistance at the $30,000 level. As spot ETF rumors
Will a Bitcoin ETF Approval Attract Billions Into the Market? Coinbase Says So Read More »
