This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. While both are considered to be high-risk when it comes to investing, the two have foundational differences that investors should know.
After a brief bump earlier this year, commodities have retrenched and are now negative on the year at -1%. Senator Cynthia Lummis was at the Bitcoin 2024 conference, proposing legislation for the US government to buy $68B of Bitcoin.
After 10 years of waiting, creditors of defunct bitcoin (BTC) exchange Mt Gox are finally receiving their rightful repayments. It's a much-deserved moment for these out-of-pocket creditors who have had some $8 billion of bitcoin tied up in the Mt Gox bankruptcy estate.
The largest cryptocurrency was rising early Friday as tokens become increasingly political.
It took a high-profile lawsuit and several years for spot bitcoin ETFs to finally be approved. It was well worth the wait.
Trump is considered favorable to the sector and is scheduled to speak at conference for the largest cryptocurrency in Nashville later this week.
With spot ether ETFs set to start trading in the U.S., regulation builds trust for institutional buyers
Bitcoin experts are backing Trump for President after naming crypto-friendly Senator J.D. Vance as his VP pick.
Much is known about JD Vance, Donald Trump's running mate, not least his past criticism of the Republican presidential candidate, his tough working class upbringing and his time in the US Marine Corps.
Bitcoin has been moving sideways following its halving event in April. Bitcoin - and potentially Bitcoin ETFs - may hit new highs by the year-end, analysts say.
A further drop to below $58,000 would send Bitcoin below its 200-day moving average.
Bitcoin (BTC) and the leading stock market index, S&P 500, have a historical correlation that has recently been challenged. This divergence hints that either BTC will make a big move upward or the stock market will reverse downwards.