2024-12-12 17:55:09
Finance
Business

Bitcoin's Meteoric Rise in the Trump Era

Bitcoin has experienced a meteoric rise, surging past the $100,000 mark amid a flurry of pro-crypto policies introduced by Donald Trump. Analysts and investors alike are bullish on Bitcoin's future, with predictions suggesting it could reach as high as $275,000.

The optimism is fueled by expectations of regulatory clarity and institutional adoption under the Trump administration. The nomination of pro-crypto figures to key positions, such as the SEC Chair, has bolstered confidence in the digital asset's trajectory.

Institutional investors are increasingly viewing Bitcoin as a strategic reserve asset, potentially elevating its price even further. Despite minor fluctuations, the overall sentiment remains positive, with Bitcoin's long-term growth prospects being reinforced by its adoption as 'digital real estate'.

As the U.S. positions itself as a leading crypto-friendly nation, Bitcoin's role in the global financial system continues to solidify, sparking discussions about its potential to reshape economic landscapes. As such, Bitcoin stands as a beacon of innovation in the ever-evolving world of digital finance, with its influence expected to grow in the coming years.

The Street
12. Dezember 2024 um 18:50

Pro-crypto policies ignite Bitcoin momentum: Is $260,000 within reach?

Cryptocurrencies & blockchain
Finance
Economy
Technology
Crypto boom expected with pro-crypto Trump administration, regulatory clarity, and institutional adoption. Bitcoin price forecasts of $180,000-$260,000 driven by capital flows, corporate interest (Microsoft's shareholder vote), and aligning factors like lawsuits against SEC. BitLab Academy, MicroStrategy, and VanEck see significant bitcoin momentum. Roundtable anchor Rob Nelson, BitLab Academy's Kelly Kellam, and MicroStrategy's Michael Saylor discuss crypto's promising future, including poten..
The Street
13. Dezember 2024 um 21:51

Bitcoin surges past $99,000 ahead of Trump’s return to the White House

Finance
Cryptocurrencies & blockchain
Politics
Bitcoin price surges past $99,000, setting a new all-time high; market analysts predict continued upward trajectory, likely crossing $100,000 milestone before Trump's inauguration; trading volumes exceptionally high, with bitcoin's 5 highest-volume days occurring in 2024; Trump's presidency seen as boon for digital assets, SEC chair's resignation adds to bitcoin's bullish momentum; crypto prime brokerage FalconX notes Solana trading volumes also rising, though below bitcoin's peak levels; bitc..
The Street
14. Dezember 2024 um 08:51

Bitcoin Breakthroughs: Court Overturns SEC Rule, Gensler Resigns, Goldman Expands Crypto Operations, and China's Evolving Stance

Cryptocurrencies & blockchain
Finance
Politics
Economy
Bitcoin hit $99,000, then $98,000. Texas court struck down SEC's "Dealer Rule," a win for Texas Blockchain Council, Blockchain Association, and Crypto Freedom Alliance. Gensler to resign SEC Chair Jan 2025 after Trump's 2024 Bitcoin Conference pledge. Goldman to spin off crypto platform, partner Tradeweb. China legalized bitcoin, controls 55% global hashrate.
The Street
12. Dezember 2024 um 19:50

Crypto Weekly Report Nov 22, 2024

Cryptocurrencies & blockchain
Finance
Economy
Technology
Bitcoin $98k high, MicroStrategy $4.6B BTC, Trump "unstoppable" Bitcoin, Dogecoin 15% surge, Swiss church AI "Jesus" crypto, Shiba Inu 6,223% burn, EBA crypto rules, MicroStrategy $4.2B BTC, Olympic athlete blockchain, $3.5B stolen, Trump "Bitcoin capital". Crypto gaining global traction, more Bitcoin adoption expected.
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