The Financial Times (FT), a respected name in financial journalism, recently ignited a firestorm in the crypto community with a contentious “apology” regarding its long-standing criticisms of Bitcoin. This happened on December 5, 2024, the very day Bitcoin surged beyond the symbolic barrier of $100,000. In an article penned by Bryce Elder, City Editor for
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Bitcoin has recently shattered expectations by crossing the monumental $100,000 mark for the first time. This historic achievement is not just a numerical value; it represents a psychological threshold that traders and investors have been keenly watching for several years. The significance of reaching this milestone goes beyond mere price appreciation; it signifies the ongoing
In recent weeks, Bitcoin (BTC) has crossed the monumental mark of $100,000, a milestone that has echoed through the corridors of financial influencers and policymakers alike. One of the loudest voices celebrating this achievement was El Salvador’s President, Nayib Bukele, who has been a proponent of cryptocurrency since 2021 when his administration controversially declared Bitcoin
Samuel Edyme, widely known by his nickname HIM-buktu, stands at a unique crossroads of adaptability, creativity, and continued growth within the Web3 universe. As a content writer, journalist, and budding trader, Edyme has assembled a portfolio that not only highlights his writing prowess but also reveals the depth of his understanding of complex market dynamics.
In recent months, Bitcoin has witnessed an unprecedented price rally, climbing impressively beyond the $100,000 mark for the first time in its history. This surge was particularly notable since it followed a lengthy period of price stagnation and volatility. The massive increase in Bitcoin’s value has undoubtedly created waves of excitement within the cryptocurrency market,
South Korea’s Financial Services Commission (FSC) recently addressed speculation regarding the creation of a roadmap for real-name crypto accounts dedicated to corporations, including various public and nonprofit organizations. This firm denial was communicated in a press release issued on December 4, directly countering local media claims that suggested the FSC was set to unveil a
In recent discussions surrounding the financial landscape, Federal Reserve Chairman Jerome Powell has firmly stated his position on Bitcoin, emphasizing its nature as a highly speculative asset rather than a feasible replacement for the U.S. dollar. His remarks at The New York Times DealBook Summit not only reaffirm long-held beliefs about cryptocurrencies but also highlight
Bitcoin, a leading cryptocurrency, has experienced a day characterized by remarkable volatility, reaching an unprecedented peak exceeding $100,000. This surge can be largely attributed to the recent appointment of Paul Atkins as the Chairman of the U.S. Securities and Exchange Commission (SEC) by President-elect Donald Trump. Trump extolled Atkins as a leader who embodies common-sense
The iShares Bitcoin Trust (IBIT), launched by BlackRock on January 11, has set a remarkable precedent in the world of exchange-traded funds (ETFs). Surpassing expectations, it achieved the milestone of $50 billion in assets under management (AUM) in record time. Recent data from SosoValue indicates that IBIT’s AUM currently stands at an impressive $50.60 billion.
In a significant development for the crypto ecosystem, South Korea’s Democratic Party has announced a two-year delay on the implementation of cryptocurrency taxation laws. This decision comes amid ongoing debates surrounding the regulation of digital assets in this tech-savvy nation, which has seen a surge in crypto participation among its citizens. As of 2024, nearly
