President-elect Donald Trump was once skeptical of digital assets, saying Bitcoin “seems like a scam” and that crypto’s value was “based on thin air.”
Legendary bitcoin and crypto investor Arthur Hayes has predicted when the bitcoin price and crypto market will
Bitcoin climbed above the $100,000 level today as anticipation surrounding the inauguration of President-Elect Donald Trump bolstered investor sentiment.
At the end of 2024, a US court authorized the Department of Justice to sell 69,370 bitcoins from "the largest cryptocurrency seizure in history."
Bitcoin price dipped to $91,800 on Thursday, marking its lowest in 43 days, dating back to December 9. Derivatives markets data shows concentrated BTC long positions around the $90,000 mark, as bulls move to halt the downtrend.
But in the run-up to Trump's inauguration, the crypto rally has lost some heat. Bitcoin is down around 6% from its week-ago level, beginning its decline Monday as US economic data stoked inflation concerns. Investors withdrew more than $580 million from US bitcoin exchange traded funds on Wednesday, according to Bloomberg.
Bitcoin has had a dull start of the year, with its price moving further from its all-time high of $108,000. One potential catalyst for the coin will be
The US government holds about $18.50 billion worth of Bitcoin, which it may sell entirely ahead of Donald Trump’s presidency.
Bitcoin (BTC) slipped to nearly $93,000 on Wednesday as fresh economic data sent U.S. treasury yields soaring, leading to a fall in equities. The latest Institute for Supply Management (ISM) report on U.S. service providers was stronger than anticipated, with the prices-paid measure reaching its highest point since early 2023.
Trump is seizing a transformative chance for America, according to the Bitcoin Conference organizer who invited the President to Nashville last year.
University of Pennsylvania researchers view President-elect Donald Trump as a crypto 'follower,' rather than a leader.
The President-Elect Trump has made another shocking wave in the NFT market with his latest NFT collection created on the Bitcoin blockchain.