Crypto News

The performance of BlackRock's Bitcoin ETF points to the rising demand for crypto as an institutional-grade investment amid this year's surge.Source link

Bitcoin broke the landmark $100,000 level earlier Thursday, nearly 15 years after it first went live, in a move that some traders expect to keep continuing.BTC added 7.2% in the past 24 hours, data shows, zooming to a $2 trillion market capitalization for the first time as it set a record just over $103,670. It has since lost ground to $102,500 in Asian afternoon hours as traders took early profits on the move.The asset has gained 50% in the past 30 days on increased institutional demand, rising ETF inflows, improved sentiment among traditional finance circles and optimism around Donald Trump’s upcoming presidency in the U.S. — one that has promised to make the country a hotbed for bitcoin activity.Spot BTC...

Bitcoin (BTC), the first and leading cryptocurrency, has crossed the $100,000 threshold, marking a pivotal moment in its 15-year history. From Pennies to $100,000: Bitcoin’s Remarkable Evolution Since its inception in 2009, bitcoin has seen dramatic price fluctuations and a steady rise in adoption. Initially traded for less than a penny, bitcoin’s value journey hasSource link

The Australian Securities and Investments Commission (ASIC) is seeking public input on various issues, including the application of existing regulations to digital assets. A Well-Regulated Financial System for All The ASIC has released a consultation paper proposing updates to Information Sheet (INFO) 225 on crypto-assets. The regulator said the evolving digital asset market necessitates updatingSource link

Given the historic run, investors are now wondering how far the rally has to go before President-elect Donald Trump regains a second term.Source link