
Bitcoin’s average acquisition cost hit $40.9K record high in 2024
Source: Coin Tegraph Some of the industry’s leading innovators, including Adam Back, say that Bitcoin’s “floor price” is above $40,000. Read Full Article
Source: Coin Tegraph Some of the industry’s leading innovators, including Adam Back, say that Bitcoin’s “floor price” is above $40,000. Read Full Article
Source: Bitcoinist Federal Reserve (Fed) Chair Jerome Powell said the US won’t roll out a CBDC (Central Bank Digital Currency) so long as he’s in charge. Crypto advocates exhaled in relief. President Trump is also strongly against CBDCs – at the end of January, he banned the ‘digital dollar’ development. Ultimately, this gives Bitcoin ($BTC)…
Source: Coin Tegraph SEC Commissioner Hester Peirce says memecoins like TRUMP are outside the agency’s jurisdiction as investors lose $2 billion from the token’s decline. Read Full Article
Source: Bitcoinist In a major boost for the crypto industry, Oklahoma’s State Commission has voted to advance its plans for a strategic Bitcoin reserve in the state. This means even more bullish times ahead for cryptocurrencies, as more US states rush to embrace Bitcoin. So what crypto coins should you be looking at for your…
Source: Coin Tegraph Trump-backed World Liberty Financial is making waves in DeFi, but questions remain about its governance, revenue model and political ties. Read Full Article
Source: Bitcoinist Data shows Ethereum has recently observed its highest exchange net outflows in around two years, something that can be bullish for the ETH price. Ethereum Exchange Flow Balance Has Seen A Deep Red Spike Recently According to data from the on-chain analytics firm Santiment, investors have been withdrawing ETH from exchanges recently. The…
Source: Coin Tegraph President Donald Trump is reportedly planning to pick Brian Quintenz — the head of policy at a16z’s crypto arm — as the next chair of the Commodity Futures Trading Commission. Read Full Article
Source: Bitcoinist According to a recent report by Bitfinex, Bitcoin (BTC) remains range-bound between $91,000 and $102,000 amid heightened geopolitical uncertainty fuelled by US trade tariffs on countries such as Canada, China, and Mexico. The report highlights that latest trends suggest BTC is increasingly behaving like a risk-on asset rather than a traditional store of…
Source: Coin Tegraph The strategic reserve aims to invest in the growth of Bitcoin, Ether and other cryptocurrencies “at the forefront of reshaping global finance.” Read Full Article
Source: Bitcoinist New York-based banking titan Goldman Sachs has more than doubled its Bitcoin exchange-traded fund ($BTC EFT) holdings. The company’s latest quarterly report reveals it now holds $1.57B in $BTC ETFs, more than twice its Q3 2024 value. Most of Goldman Sachs’ funds – over $1.25B – lie in BlackRock’s IBIT (iShares Bitcoin Trust)….