Tag Archives: btcusdt

Wyoming Senator Cynthia Lummis has reiterated her commitment to establishing a strategic Bitcoin (BTC) reserve for the United States. The lawmaker, known for her strong pro-crypto stance, highlighted these plans following the recent Republican victories in the Senate, more so of largely digital asset-friendly legislators. Senator to Move Forward With Strategic BTC Reserve Bill In a November 6 post on X, Lummis confidently declared, “We are going to build a strategic Bitcoin...

TL;DR Popular Canadian online streamer missed a profit of almost $1 million worth of BTC after betting on Harris to become president. Trump’s victory fueled a crypto rally, with bitcoin reaching a new peak of over $75K. Betting on the Wrong Horse? The US presidential elections are undoubtedly among this year’s hottest topics. The latest results show that the 47th president of the country will be Republican Donald Trump, who secured vital victories in swing states like...

Bitcoin smashed its previous record to briefly surge past a new peak of $75,000 as Donald Trump is all set to become the 47th President of the United States. Amidst what is being considered a massive victory for the crypto industry, the Coinbase Premium Index experienced a positive spike, indicating a potential surge in demand for Bitcoin in the US. Coinbase Premium Index Spikes The “Coinbase Premium Index” tracks the price difference between Bitcoin on Coinbase – an exchange...

Throughout his election campaign, the new United States President, Donald Trump, remained vocal about his pro-crypto stance and made several promises regarding the development of the nascent industry. CryptoPotato has compiled a list of Trump’s declared promises, including pledges geared towards fostering innovation in the United States and continuing growth of the digital asset industry. Trump’s Promises Regarding Crypto Trump said he would commute the prison sentence of...

The State of Michigan Retirement System (SMRS) has significantly increased its Ethereum (ETH) holdings, raising its investment to $10 million and surpassing its Bitcoin (BTC) allocation. This move makes Michigan the first U.S. state pension fund to invest in an Ethereum-based exchange-traded fund (ETF). Michigan Pension Fund’s Crypto Portfolio SMRS, which boasts more than $13 billion in assets, began exploring cryptocurrency earlier this year as part of a broader...

Defunct Bitcoin exchange Mt.Gox has moved 32,371 BTC worth an estimated $2.19 billion to three new addresses. Several on-chain transaction trackers caught the movement, including Spot On Chain and Arkham Intelligence. Bitcoin Transferred to New Wallets Spot On Chain’s data shows the platform initially moved 30,371 BTC to a wallet starting with 1FG2…Rveoy. It then sent another 2,000 BTC, priced at nearly $130 million, to one of its known cold wallets, 1JbezD…EvhKLAPs6, before...

Bitcoin (BTC) could be gearing up for a historic $100,000 pump, and, according to crypto analysts, the upcoming U.S. presidential election may yet play a key role. According to experts, the cryptocurrency may achieve this price milestone regardless of who wins. However, they suggest a Trump victory could serve as a short-term catalyst, boosting its momentum much faster. Election’s Influence on Bitcoin Price Action The market watchers have noted that on previous occasions,...

With BTC’s value nearing its all-time high of $73,700 a few days ago, Bitcoiners seemed poised to see a new price high for their favorite crypto asset. Even Bitcoin miners are not left out in the anticipation. A CryptoQuant report confirms that the network’s mining difficulty and hash rate have unlocked new heights. This record shows that more mining machines have joined the bandwagon, sparking competition in the ecosystem. Bitcoin Mining Competition on the Rise Bitcoin...

The US presidential elections are just around the corner, with the world’s largest economic force anticipated to choose between continuing with a similar path as the past four years or changing its course completely if they go with Republican candidate Donald Trump. While the economic consequences will impact millions and millions of people, the crypto community is anticipating how it will affect bitcoin and altcoins. Never Below $70K Again? The popular crypto trader...

Bitcoin’s price has been consistently making higher highs and lows over the past couple of months, approaching a new all-time high. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, the price has been rallying since its rebound from the $52K support level. While the market has broken above the key 200-day moving average, located around the $64K level and the $68 area, it has failed to break above the all-time high. The price is...