Why is Bitcoin Surging Past $55K Today?
Bitcoin has climbed above $55,000, extending its 2024 bull run amid positive developments like Trump softening his stance and MicroStrategy acquiring more BTC.
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Bitcoin Suddenly Surges Past $53K to New 26-Month High
The price of Bitcoin abruptly shot up over $2,500 to exceed $53K for the first time since December 2021, sparking a rally for altcoins as Ethereum rose above $3,150 and Binance Coin neared $400.
Satoshi Nakamoto’s Emails Unveil Bitcoin’s 21 Million Cap
Satoshi Nakamoto’s emails unveil the reasoning behind capping Bitcoin at 21 million tokens, addressing scalability, pricing alignment with traditional currencies, investment, energy consumption, and anonymity concerns.
China Cracks Down on Blockchain Cybercrimes
The Supreme People’s Procuratorate of China is intensifying efforts to combat cybercrimes by targeting criminals using blockchain and metaverse projects, who are increasingly employing cryptocurrencies for money laundering.
Bitcoin Holds Steady Above $51K as Ethereum Nears $3K
The crypto market shows signs of stability and volatility as Bitcoin ranges above $51K and Ethereum approaches $3K resistance.
Reddit’s Crypto Holdings Signal ETH is Not a Security
Reddit’s IPO filing reveals it holds Bitcoin, Ethereum, and Polygon. Its reasoning suggests Ethereum will avoid SEC designation as a security.
Michael Saylor Plans to Keep Buying Bitcoin
MicroStrategy CEO Michael Saylor stands firm on holding Bitcoin, touting its technical superiority over traditional assets and anticipating ongoing capital inflow.
Australian Bitcoin Sentiment Grows with US ETF Approvals
Australian retail interest in Bitcoin grows with ETF approval, but uncertain economy hinders widespread adoption.
Honduras Bans Financial Institutions From Crypto Services
The CNBS in Honduras prohibits financial institutions from engaging in cryptocurrency activities due to regulatory concerns and risks, emphasizing the need for oversight in the sector.
Cryptocurrency Inflows Hit Record $2.45 Billion
Cryptocurrency investment funds recorded a record $2.45 billion in inflows last week as institutional interest and spot Bitcoin ETF approvals continued to drive assets under management to new highs.