Bitcoin dips to 2-month low—JPMorgan billionaire Dimon warns he still doesn’t ‘feel great’ about it
Still up 25% since Election Day, bitcoin is a part of a major slump across asset classes in recent weeks.
Still up 25% since Election Day, bitcoin is a part of a major slump across asset classes in recent weeks.
Bitcoin’s breathtaking 2024 performance and its rise above $100,000, has captured the world’s attention. Here’s why one card-carrying value investor is bullish on the volatile digital asset.
New research from the world’s largest asset manager argues that Bitcoin offers unique benefits as a portfolio diversifier while sharing a similar risk profile to S&P 500 juggernauts like Google, Amazon, Meta and Apple.
Most in traditional finance have long considered cryptocurrency a joke. Now legions of young meme coin traders are leaning into the absurdity, translating their financial nihilism into a booming—if perilous—$100 billion market.
The record comes about a week after the cryptocurrency hit a seven-month high as it surged in the lead up to Election Day
Blockstream CEO Adam Back was the first person that Satoshi reached out to regarding Bitcoin. Fresh off of a $210 million fundraise, Back plans to bring everything from stablecoins to stocks to the $1.4 trillion blockchain.
Bitcoin prices and Trump’s election betting market odds have been tightly correlated in recent months.
Coinbase’s Brian Armstrong created one of crypto’s central players, a fee-gushing monster that holds more than a tenth of all the Bitcoin ever minted. But now, in the cause of “decentralization,” he’s pursuing a new path.
The bitcoin price has more than doubled over the last year, pushed higher by the world’s largest asset manager BlackRock’s embrace of crypto.
Elon Musk, the Tesla billionaire who is one of the biggest bitcoin and crypto price influencers, has shared details of a secret meeting with El Salvador’s bitcoin-backing president Nayib Bukele.