On Saturday, Robert F. Kennedy Jr., the designated Secretary of Health and Human Services (HHS) for the Trump transition team, took to the social media platform X to declare that bitcoin is “a hedge against inflation for middle class Americans.” Bitcoin at the Forefront: Kennedy and Bass Spar Over Treasury Contenders This weekend, Kyle Bass, […] Original
In today’s edition of the weekly recap: Bitcoin crossed the $93,000 mark; meme coins saw massive rallies; Washington embraced the Department of Government Efficiency; FTX sued Binance; speculations around Gensler’s resignation; Polymarket under probe. Bitcoin crossed $93,000 Meme coin mania?… Source CryptoX Portal
Bitcoin hits historic $90k, DOGE skyrockets as Elon Musk takes on Trump’s quest to slash regulations, and PEPE Surges 40% on Robinhood listing in this Week in Review. Week in Review The crypto market is buzzing as Bitcoin hits a historic $90,000, breaking records and fueling optimism. Meme coins are making waves—PEPE surged 40% following […] Original
Este artículo también está disponible en español. Cathie Wood, CEO of asset manager and crypto ETF issuer ARK Invest, has long maintained her bullish outlook on Bitcoin, and her recent comments reinforce her optimistic projections for the largest cryptocurrency. Following Donald Trump’s electoral victory over Vice President Kamala Harris last week and Bitcoin’s recent surge to an all-time high of $93,250, investor sentiment surrounding Bitcoin has notably improved. Anticipated Regulatory Relief In a recent interview on CNBC’s Squawk Box, Wood discussed her expectations for Bitcoin’s price trajectory. She stated that…
Este artículo también está disponible en español. Larry Dean Harmon of Ohio was officially sentenced Friday for running the darknet crypto mixer Helix over allegations that he had processed over $300 million worth of crypto tokens from 2014 to 2017. Related Reading Harmon gets a three-year sentence, in addition to forfeiture of assets up to $400 million, for his role in laundering over $300 million worth of Bitcoin tokens for darknet’s drug markets. According to US authorities, Harmon used the platform to help launder the drug dealers’ funds, facilitating the…
The U.S. Commodity Futures Trading Commission issued an advisory through its Division of Clearing and Risk stating it would no longer have a role in clearing Bitcoin ETF options. The agency is transferring this responsibility to the Options Clearing Corporation, according to a prepared statement. “[..] In light of relevant precedents in the courts, it is substantially likely these spot commodity ETF shares would be held to be securities. Therefore, DCR’s position is the listing of these shares on SEC-registered national securities exchanges does not implicate the CFTC’s jurisdiction.” CFTC…
Spot Bitcoin exchange-traded funds recorded two consecutive outflow days as the top cryptocurrency corrected almost 3% after the U.S. Federal Reserve hinted that further interest rate cuts might not be coming. After three consecutive inflow days bringing in over 2.43 billion between Nov. 11 and Nov. 13, the weekly inflows were offset by two consecutive outflow days. On Nov. 14, Bitcoin ETF products saw their third-largest outflow since launch, with approximately $400.7 million withdrawn. Outflows eased the following day as BTC rebounded from support near $87,500, with $239.6 million exiting…
Bitcoin recorded another remarkable price performance in the past week, gaining by 19.16% according to data from CoinMarketCap. The crypto market leader established a new all-time high at $93,434 on Wednesday, as odds of achieving a six-figure market price by year’s end are now higher than before. Amidst the current market euphoria, CryptoQuant analyst Amr Taha has shared some market insights that may indicate an impending price fall. Bitcoin Enters Profit-Taking Zone – Sell Or HODL? In a Quicktake post on Friday, Amr Taha stated many investors may be preparing…
Este artículo también está disponible en español. Bitcoin is on the move again, surging toward its previous high of $93,257 with renewed momentum that has triggered excitement among traders. After a period of consolidation, Bitcoin’s latest price action signals a potential breakout that could set the stage for even greater gains. As it inches closer to this critical resistance level, can the crypto giant break through and unlock new heights, or will the bears reclaim control? With the market’s eyes fixed on this pivotal moment, the next move could reshape…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin nears record highs, altcoins like XYZVerse, the all-sport memecoin, could see exponential growth in a surging market. As Bitcoin edges closer to a potential record high, the spotlight shifts to lesser-known cryptocurrencies that could experience remarkable surges. Experts suggest that if Bitcoin reaches the coveted six-figure mark by year’s end, certain altcoins might deliver exponential returns. Investors are keenly observing these digital assets, anticipating significant gains amid…