Iran is turning to Bitcoin and Tether as sanctions and a tightening economic blockade make it increasingly difficult for the country to access conventional international financial networks. … [Read more...] about Iran turns to Bitcoin, Tether as sanctions squeeze financial system
Bitcoin breaks above $80,000 as ETF demand fuels crypto rally
Bitcoin climbed above $80,000 for the first time since May, extending a rally that has lifted the cryptocurrency roughly 25% in a week and revived investor appetite for digital assets. … [Read more...] about Bitcoin breaks above $80,000 as ETF demand fuels crypto rally
Bitcoin breaks above $71,000 as short squeeze sends crypto market higher
Bitcoin surged above $71,000 for the first time since June, breaking out of a six-week trading range as a wave of forced buying sent the cryptocurrency sharply higher. … [Read more...] about Bitcoin breaks above $71,000 as short squeeze sends crypto market higher
Bitcoin ETF outflows accelerate as institutional investors retreat
U.S. spot Bitcoin exchange-traded funds (ETFs) extended their longest period of sustained investor withdrawals this year, underscoring weakening institutional appetite for digital assets as Bitcoin trades near multi-month lows. … [Read more...] about Bitcoin ETF outflows accelerate as institutional investors retreat
Bitcoin holds firm as Nasdaq plunges, hinting at decoupling trend
Bitcoin is showing signs of resilience as U.S. equities extend their steep decline, raising fresh hopes among crypto investors that the digital asset is finally decoupling from traditional risk markets. … [Read more...] about Bitcoin holds firm as Nasdaq plunges, hinting at decoupling trend
Trump administration floats bitcoin as part of U.S. sovereign wealth fund
The United States may soon place bitcoin at the center of its financial strategy, with President Donald Trump’s administration considering its inclusion in a potential sovereign wealth fund. Brian Sacks, Trump’s crypto advisor, recently unveiled this proposal, highlighting bitcoin’s potential as a strategic reserve asset to strengthen America’s financial leadership. … [Read more...] about Trump administration floats bitcoin as part of U.S. sovereign wealth fund
Main points from Trump’s Bitcoin Conference 2024 speech
Former President Donald Trump made waves at the largest Bitcoin conference in Nashville, Tennessee, delivering a speech that highlighted his evolving stance on cryptocurrencies and their potential impact on the economy. His address was met with significant interest from both crypto enthusiasts and skeptics alike, as he outlined key points on the future of digital assets under … [Read more...] about Main points from Trump’s Bitcoin Conference 2024 speech
BlackRock CEO Larry Fink says bitcoin is a legitimate financial asset
BlackRock co-founder and CEO Larry Fink has changed his mind on bitcoin over the years. While acknowledging earlier doubts and criticisms, Fink said he became a believer in cryptocurrencies after dedicating time to studying and learning about bitcoin. He now sees a place for crypto in the average investor’s portfolio. … [Read more...] about BlackRock CEO Larry Fink says bitcoin is a legitimate financial asset