Cryptocurrencies started the year with gains, recovering from recent losses as market optimism returned. Bitcoin rose 3% above $97,000 on Thursday, marking a nearly 4% gain since January 1st. Investors expect a strong year for the crypto industry,
Now, as a leak reveals Russia could beat the U.S. to a bitcoin reserve, Trump has been pitched a "capital markets renaissance fueled" by bitcoin to "unlock trillions in wealth" by MicroStrategy founder Michael Saylor.
Economist and Trader Alex Krüger is outlining the path forward for Bitcoin (BTC) while highlighting one crypto asset sector that could outshine others.
The idea of a US Bitcoin National Reserve gained traction after Trump's July 2024 proposal and November 2024 election victory. See why I am cautious about this hype.
Stock market futures are pointing to a strong start for 2025, with green indicators across the board. The S&P futures are trading above 5900, bolstering investor confidence in continued gains for the US stock market. Bitcoin, on the other hand, started 2025 with a recovery momentum, going up 2% on the last day.
Bitcoin was far and away the best performing asset class in 2024 thanks to new ETFs and hopes for a crypto-friendly White House.
Park shared on social media after Christmas that while incoming President-Elect Donald Trump’s chances of successfully establishing a bitcoin strategic reserve are slim, this scenario represents "the only math in which bitcoin can reach $1 million by 2025.
Bitcoin’s record-breaking run faltered toward the end of 2024, leading to its first monthly drop since August.
From a conceptual standpoint, the strategic Bitcoin reserve is similar to the Strategic Petroleum Reserve, created in 1975 in response to the energy crisis of that era. The goal at the time was to build a stockpile of 1 billion barrels of petroleum, to cushion the U.S. economy against potential external supply shocks.
Bitcoin offers unique diversification benefits due to its fixed supply and growing adoption, similar to holding major tech stocks in a balanced portfolio. Learn more about BTC-USD here.
After breaking past $100,000 in December — something the crypto market had been drooling over for years — Bitcoin hitting $200,000 no longer feels like some