Crypto News

Putin Declares Bitcoin Unstoppable Amid Dollar’s Waning Global Grip

Putin declared bitcoin unstoppable, calling cryptocurrency the future of global finance as nations move away from the declining U.S. dollar’s dominance. Who Can Ban Bitcoin? Putin Highlights Crypto’s Unstoppable Evolution Russian President Vladimir Putin, speaking at the VTB forum “Russia Calling!” on Wednesday, highlighted the inevitability of advancements in financial technologies, citing cryptocurrencies as aSource link

Bitcoin Hits Major Milestone of $100K, Nears $2 Trillion Market Value

Bitcoin's price has surged past the $100,000 mark for the first time in its history, fueled by institutional demand, corporate accumulation and heightened expectations of crypto-friendly policies under Donald Trump's presidency.Now ahead about 130% year-to-date, bitcoin's market capitalization has risen to just shy of $2 trillion only 15 years after coming into existence. For reference, Nvidia and Apple sport market caps of about $3.5 trillion, Microsoft $3 trillion, and Google and Amazon $2.2 trillion. The market capitalization of all the gold in the world is roughly $17.7 trillion.At the forefront of this rally was the early-2024 launch of spot-based bitcoin exchange-traded funds (ETF) by asset management giants including BlackRock and Fidelity. These products have been a resounding success, securing assets...

Bitcoin Hits $100,000—15 Years After Satoshi Nakamoto Sparked a Revolution

Bitcoin has hit $100,000, after a phenomenal rally spurred by crypto-friendly Donald Trump's win and institutional adoption of the asset.Source link

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

BNB hit a new all-time high of $794 on Wednesday with analysts predicting a run to $1,000 could be on the cards. BNB Rallies Strong BNB, the native token of Binance’s BNB Chain has seen an exponential price increase over the past 24 hours, reaching a new all-time high of $794. Data from the BNB/USDTSource link

Australia’s Financial Regulator Proposes New Crypto Rules, Highlights Risks and Relief for Industry

ASIC is encouraging crypto firms to apply for an Australian Financial Services Licence, offering a grace period from legal action.Source link