Over the past decade, Bitcoin has emerged as a cornerstone of the digital currency world, with its decentralized ideology transforming the entire landscape of payment and finance. As a cryptocurrency that relies entirely on a decentralized network, Bitcoin has democratized the underlying global payment system, empowering individuals with the freedom to control their own funds. […]
The price of bitcoin dipped to $ 58,867 on Thursday, around 2 p.m. Eastern Time, but by 8:50 p.m. it had climbed back above $ 60,000. The initial drop reflected heavy selling pressure, but the later rebound—though slow—suggests a potential recovery might be on the horizon. Bitcoin Reclaims $ 60K After Market …
Standard Chartered has cautioned that bitcoin could drop below $ 60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President Donald Trump’s improving odds could enhance bitcoin’s long-term outlook, …
China’s central bank, the People’s Bank of China (PBOC), has paused its gold accumulation for the second consecutive month, keeping its reserves steady at 72.8 million troy ounces. This pause ends an 18-month streak of continuous gold purchases that began in November 2022 and contributed to record-high gold prices. PBOC Pauses Gold Accumulation After 18-Month […]
Former U.S. President Donald Trump expressed support for the bitcoin mining industry, advocating for producing the remaining bitcoin in the U.S. to enhance national energy dominance. Vietnam sees increased interest in gold bullion purchases due to favorable prices at state-owned banks. New York Attorney General Letitia James takes legal action against crypto pyramid schemes targeting […]