Bitcoin (BTC), the world’s largest cryptocurrency, has experienced significant growth throughout 2024, with the king coin reaching multiple peaks and surging by 110% over the past 12 months. The most notable milestone for the market was BTC’s ascent above the coveted $100,000 …
Bitcoin has remained steady amidst global equity market turmoil following the Federal Open Market Committee (FOMC) meeting on December 18. While global equity market indices have experienced a slight downturn, Bitcoin has held steady, trading in the mid-$90,000 range at the time …
In the world of investments, gold has long been considered a safe-haven asset, a reliable store of value in times of economic uncertainty. However, a new contender has emerged in the form of Bitcoin, with the US treasury recently dubbing it as …
Following the recent US elections in November, the crypto community has been buzzing with excitement as pro-Bitcoin and pro-crypto candidate Donald Trump emerged as the President-elect of the United States. Throughout his extensive campaign, Trump made it clear that he supported the …
Bitcoin investors are eagerly anticipating the potential “January effect” as they eye a rally in financial assets with the start of the new year. However, recent developments in the cryptocurrency market have painted a mixed picture for the leading digital currency. Bitcoin …
Galaxy Research’s bold prediction that Dogecoin (DOGE) could potentially reach $1 in 2025 has sent shockwaves through the cryptocurrency community. The idea of a token that started as a joke hitting such a significant price point is truly remarkable and has sparked …
Bitcoin’s potential for a significant upside move in the short term has been gaining traction as a positive price trend emerges on its daily chart. The much-anticipated next move could put the digital asset back above the pivotal $100,000 mark, sparking excitement …
Political Instability in South Korea Drives Bitcoin ‘Kimchi Premium’ Surge The Bitcoin ‘kimchi premium’ has made a comeback in South Korea’s cryptocurrency market as the country faces political turmoil. This has resulted in a weakened Korean won (KRW) and a higher price …
In a bold move to counter the impact of Western sanctions, Russia has announced that it is now using Bitcoin and other cryptocurrencies for international payments. This decision comes as Finance Minister Anton Siluanov highlighted new legislation that enables such transactions, aiming …
The US tax regulator, the Internal Revenue Service (IRS), has reaffirmed its position on cryptocurrency staking, stating that rewards earned from staking activities are subject to taxation as soon as they are received. This clarification comes as the IRS continues to navigate …