Before dropping to $90,256 on Wednesday, Bitcoin surged to a new all-time high over $91,000. Since Trump’s victory in last week’s US presidential election, the flagship cryptocurrency has soared, setting new records. In terms of market capitalization, Bitcoin is currently larger than Saudi Aramco, the oil giant. Trump promised throughout
The U.S. Consumer Price Index (CPI) data for October is set to be released today at 8:30 a.m. Eastern Time. This highly anticipated report is expected to show a slight uptick in inflation, with an annual increase of 2.6%, up from 2.4% in September. According to the report, the core
The Japanese investment firm, Metaplanet, known as Asia’s MicroStrategy, recorded a surge in its Bitcoin holdings, increasing by $28 million this year. This resulted in doubling the firm’s market valuation. Despite the surge, Metaplanet’s stock has witnessed a brief decline. The mid-2024 noted the beginning of the focused acquisition efforts
This year has marked its place in Bitcoin history with one of the most significant rallies. Cryptocurrency has become a familiar word, reaching new corners of the world as eyes turn to the US post-elections. Meanwhile, President-elect Trump continues making moves on the regulatory end, fostering innovation and growth. The
While the enthusiasm over the Bitcoin market is soaring every day, Germany’s recent decision to sell nearly 50,000 BTC at $53,000 per coin during June and July has led to an estimated “$1.84 billion in missed profits” as Bitcoin surged to a new all-time high of $89,956.88. At the current
Bitcoin reached a historic milestone today, hitting an all-time high of $89,863. This new peak underscores the remarkable upward momentum Bitcoin has shown in recent days. The price surge reflects a 10.80% increase in the last 24 hours, with Bitcoin now trading at around $89,871.28. Trading volume is also surging,
The meme coin frenzy shows no signs of slowing, and now, even investors from top blockchains like SOL, Bitcoin, and Polkadot (DOT) are turning their attention to a new and exciting project on the SUI blockchain: Suiruto ($SHIN). With a unique Naruto inspired theme and an enthusiastic community, Suiruto is
The defunct exchange, Mt. Gox executes a transfer of $2.4 billion in Bitcoin (BTC) across wallets. This marks another key chapter in the ongoing process of creditor repayment efforts, with the deadline set for October 2025. Mt. Gox executed a massive transfer by moving over 30,000 BTC, valued at around
The recent U.S. presidential election, resulting in a significant win for President-elect Donald Trump and the Republican Party, has intensified the spotlight on Bitcoin as an essential asset, according to Greg Cipolaro, Global Head of Research at New York Digital Investment Group (NYDIG). Cipolaro strongly believes that the election outcome
The global crypto market has continued to be bullish since the U.S. election results, which led the pro-crypto candidate Donald Trump to win the presidency. Following that, Bitcoin setting new highs every day. Today, BTC recorded an all-time high of $81,858. This rally has boosted the altcoin market including meme
