Author: cointechies
Even Bitcoin (Cryptocurrency: BTC) With it soaring to an all-time high of over $100,000, it's easy to see why many are still wary of cryptocurrencies. Cryptocurrency markets are notorious for their volatility, and the price of Bitcoin can fluctuate wildly on a daily basis. However, if you are willing to accept the inherent volatility of cryptocurrencies, iShares Bitcoin Trust (NASDAQ:IBIT) It might be perfect for your portfolio. In a very short period of time, Bitcoin has become the most popular way for investors to gain exposure to Bitcoin, and it currently ranks in the top 1% of all exchange traded…
Cathie Wood, maverick investor and head of Ark Invest, is not known for being shy. Her career has been marked by bold moves and bold statements. Perhaps nowhere is that more true than in her full support of Bitcoin. (Cryptocurrency: BTC) And her predictions about the future. The cryptocurrency that started it all has been on a meteoric rise recently, soaring more than 40% in the past month and reaching six digits for the first time. That's incredible, but Wood believes there's still a lot of work to be done. In recent years, Wood has gone on record as saying…
Cryptocurrencies took a breather today as Bitcoin's price retreated from $100,000 and was trading around $97,500 as of 1:00 pm ET. U.S. Treasury yields rose in anticipation of new inflation data to be released later this week, but otherwise it wasn't immediately clear what triggered the selloff. Other cryptocurrencies followed Bitcoin and struggled today as well. XRP price (Crypto: XRP) It was down 6.6%. Meanwhile, the meme token Dogecoin (Code:Doge) and Shiba Inu (Code: SHIB) They decreased by 5.4% and 5.2%, respectively. Missing the morning scoop? Wake up with breakfast news delivered to your inbox every market day. Sign up…
If you're looking for ways to diversify your crypto portfolio, you might want to look beyond just Bitcoin and Ethereum. While these two cryptocurrencies may be getting a lot of attention from investors, there are also a number of lesser-known cryptocurrencies that could skyrocket in value in 2025. To create a list of promising investments, I set a cut-off line of $5 billion market cap. This limits your choices to 30 cryptocurrencies. We then narrowed this list down to three based on their ability to outperform both Bitcoin and Ethereum in 2025. Missing the scoop in the morning? Breakfast News…
If you're looking for ways to diversify your crypto portfolio, you might want to look beyond just Bitcoin and Ethereum. While these two cryptocurrencies may be getting a lot of attention from investors, there are also a number of lesser-known cryptocurrencies that could skyrocket in value in 2025. To create a list of promising investments, I set a cut-off line of $5 billion market cap. This limits your choices to 30 cryptocurrencies. We then narrowed this list down to three based on their ability to outperform both Bitcoin and Ethereum in 2025. Missing the scoop in the morning? Breakfast News…
Bitcoin is currently attracting a lot of attention in the virtual currency market. There's a good reason for that. Bitcoin has soared nearly 40% in the wake of the US presidential election and is now up 128% since the beginning of the year. Additionally, the psychologically important price level of $100,000 is within reach. However, that doesn't mean that other cryptocurrencies aren't rising in value as well. What I'm paying attention to now is Bittensor. (Code:TAO)an artificial intelligence (AI) cryptographic token. It is up 30% in the past 30 days and 137% for the year, and is currently on a…
Cryptocurrency like Bitcoin (Cryptocurrency: BTC) Since Election Day, it has completely taken off. Investors are betting that a relaxed, more friendly regulatory environment under the Trump administration will continue to push the sector to new highs. Moreover, with more exposure to cryptocurrencies than ever before, many see Bitcoin as a potential hedge against inflation, which could still be an issue next year. Ethereum (Crypto: ETH)is the second largest cryptocurrency in the world and has an interesting relationship with Bitcoin. Although the two are not the same, they are often grouped together because they are considered pioneers in the sector. The…
Bloomberg analysts predict multiple crypto ETFs to launch in 2025, including Bitcoin, Ethereum, Solana, XRP and Litecoin Bloomberg analysts Eric Balciunas and James Seifert predict that crypto exchange-traded funds (ETFs) will see significant growth in 2025 following expected changes in U.S. Securities and Exchange Commission (SEC) leadership. It is predicted that the number will increase. They expect new ETFs tied to major cryptocurrencies such as Bitcoin, Ethereum, Litecoin, HBAR, Solana, and XRP, but some of these products may be delayed due to regulatory hurdles. There is. Analysts say a Bitcoin and Ethereum combo ETF is likely to lead a new…
Cryptocurrency market soars: Bitcoin hits $100,000, Ethereum, Solana, XRP post record gains Following the release of US Consumer Price Index (CPI) data for November, Bitcoin has once again crossed the $100,000 mark and is now trading around $100,500. CPI rose 0.3% month-on-month, in line with market expectations. The data increased optimism about the possibility of the Federal Reserve cutting interest rates next week. Bitcoin had previously dipped below $95,000, but has since rebounded to near its all-time high of $103,679. Short-term liquidations within four hours on Wednesday exceeded $6.96 million, reflecting strong market momentum and contributing to the rally. The…
London, UK – December 6, 2024 – In the rapidly evolving cryptocurrency landscape, Aeon Mining is setting new standards for accessibility and profitability in cloud mining. This innovative platform offers a streamlined approach for both beginners and experienced investors to get into digital currency mining. Rise of cloud mining: Cloud mining has transformed the mining landscape, eliminating the need for expensive hardware and deep technical expertise. AEON MINING simplifies this even further, giving users the ability to mine cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin through a user-friendly interface. Aeon Mining: Streamlining your mining experience: With 20 mining farms and…