Tag: Bitcoin
Standard Chartered Predicts Bitcoin Will Reach $130,000
On Thursday, Standard Chartered forecasted that Bitcoin may potentially hit $130,000 within the next two months. This prediction is driven by increasing institutional investments. Market Stability and Federal Reserve Influence Geoff Kendrick, the head of foreign exchange and digital asset research at Standard Chartered, linked this optimistic outlook to recent market stability. This stability follows
Bitcoin continues its upward trend following the Fed meeting and Powell’s comments
Bitcoin continues to rise following the Federal Reserve’s (FED) recent monetary policy meeting and President Jerome Powell’s remarks on cryptocurrency regulation. Market Performance The leading digital asset increased by 1% at the opening of Asian markets, reaching around $105,000. Since the U.S. market opened, Bitcoin has gained 3.5%. Smaller tokens like Ether and Solana also
A central bank of a country will hold Bitcoin in its reserves
According to a report by the Financial Times, the Czech National Bank is considering holding Bitcoin in its reserves. In an interview published by the Financial Times on Wednesday, Czech National Bank President Ales Michl stated that he plans to present a proposal for investing in Bitcoin to the bank’s board of directors. He also
XRP starts the week with a 10% decline
On Monday, negative sentiment swept through the cryptocurrency market. China’s DeepSeek announcement raised concerns about stricter regulations on cryptocurrencies, causing significant market fluctuations. Bitcoin fell below $100,000, and XRP dropped by up to 10%. XRP traded at $2.8191, losing 10.01% according to the Investing.com Index. This decline marks the largest single-day drop since December 18,
Surge in BTC holder sales following Trump’s election: 500,000 BTC sold
According to a report published by Intruderblock on X long-term Bitcoin (BTC) holders have significantly increased their selling activities since Donald Trump’s election as President of the United States. The analysis reveals that approximately 500,000 BTC, valued at around $500 billion, have exited long-term holders’ wallets since November 2024. This trend indicates a significant shift
Satoshi Nakamoto Discusses Ripple: Insights from the Creator of Bitcoin
Recently, crypto enthusiast Amelie (@_Crypto_Barbie) highlighted a significant comment from Bitcoin’s creator, Satoshi Nakamoto, regarding Ripple’s unique approach to trust in financial systems. This insightful remark, made during a 2009 email exchange between Nakamoto and developer Mike Hearn, emphasizes Ripple’s early importance in the blockchain space. In the email dated April 12, 2009, Nakamoto expressed
Altcoin Season Index Surges to 48, Bitcoin’s Reign Continues
The Altcoin Season Index, a key metric tracked by CoinMarketCap, measures the performance of the top 100 cryptocurrencies (excluding stablecoins) against Bitcoin over the past 90 days. Recently, this index climbed four points to reach 48. However, despite this increase, the market remains firmly in Bitcoin Season. To officially transition into Altcoin Season, at least
Bitcoin Rises 2.48% to $105,678.69 Amid News of Trump’s Task Force for Digital Assets
Bitcoin has surged by 2.48%, reaching $105,678.69, following reports that President Trump has established a task force to regulate digital assets and explore a national cryptocurrency reserve. This development signals a renewed focus on digital finance and fosters an overall sense of optimism in the cryptocurrency market. Investors are anticipating a more favorable approach from