Key Takeaways Analysts from Bitwise, Standard Chartered, and VanEck see bitcoin rising to the $180,000 to $200,000 level in 2025.Flows into spot bitcoin ETFs in 2025 could keep pace with the numbers from 2024,
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.
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.
President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers?
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.
Bitcoin price was wavering early Monday following a bad week for the crypto. It comes after another appointment by President-elect Donald Trump that will likely please the crypto industry.Bitcoin was up less than 0.
Bitcoin (BTC) continues to grapple with sustaining its position above crucial support levels following a weakened weekly close. As the holiday period approaches, BTC struggles are within the mid-$90,000 zone, with a bearish momentum dominating the current price action.
President-elect Donald Trump has been promoting the idea of creating a ‘Strategic National Bitcoin Stockpile,’ but the purpose of such an institution remains unclear.
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell addressed the issue during a Dec. 19 press conference, emphasizing that the Fed is not pursuing any legislative changes to alter this position.
Bitcoin hit a record high above $107,000 on Monday after President-elect Donald Trump reiterated plans to create a U.S. bitcoin strategic reserve, stoking the enthusiasm of crypto bulls. Here's how the plan could work.
Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in the new year.
This would represent about 5% of the total global supply of bitcoin of around 21 million. The Treasury would fund the purchases with profits on Federal Reserve banks' deposits and gold holdings. The bitcoin reserve would subsequently be maintained for a ...