Bitcoin’s surge past $100,000 has created 14,211 new millionaires and four new billionaires, a new study NFT Evening has revealed. Bitcoin Investors Outshine Blue-Chip Stock Investors According to findings from an NFT Evening study, bitcoin’s surge past the $100,000 mark has created 14,211 new millionaires and four new billionaires. The report explains that bitcoin (BTC) […] Source: https://news.bitcoin.com/bitcoins-astronomical-returns-14211-new-millionaires-and-4-new-billionaires-emerge/
Month: December 2024
BRICS vs Trump: The Battle Over the Dollar Heats Up
Russia criticized U.S. threat diplomacy as BRICS advances efforts to reduce reliance on the dollar, citing flawed U.S. policies and escalating global economic tensions. Russia Calls Out US ‘Threat Diplomacy’ Amid Dollar Power Struggle The standoff over the global role of the U.S. dollar has intensified, with BRICS nations readying to counter President-elect Donald Trump’s […] Source: https://news.bitcoin.com/brics-vs-trump-the-battle-over-the-dollar-heats-up/
Fartcoin briefly taps $1B market cap despite altcoin bloodbath
Solana-based memecoin Fartcoin briefly exceeded a $1 billion market cap amid a downturn in the altcoin market. Source: https://cointelegraph.com/news/fartcoin-crypto-memecoin-1-billion-market-cap-altcoin-bloodbath?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russian Official Declares BRICS Payment System a Real Alternative to US Dollar
A top Russian official has declared plans for a BRICS payment system “not hypothetical,” signaling a shift toward reducing reliance on the dollar through alternative financial mechanisms. A New Era? Russia Claims Feasibility of BRICS Payment Network Russian Deputy Foreign Minister Sergey Ryabkov has affirmed that plans to establish a BRICS payment system are tangible […] Source: https://news.bitcoin.com/russian-official-declares-brics-payment-system-a-real-alternative-to-us-dollar/
El Salvador to Scale Back Bitcoin Efforts Under $1.4 Billion IMF Deal
After four years of negotiations, El Salvador entered a $1.4 billion loan agreement with the International Monetary Fund (IMF) Wednesday. The deal, however, may not be as sweet as it sounds. Provisions on the agreement imply that if approved, El Salvador would have to scale back certain aspects of its Bitcoin strategy, according to a statement from the intergovernmental organization.…
US Senator Declares 2025 the Year for Bitcoin and Digital Assets, Pledges Sweeping Crypto Laws
U.S. Senator foresees 2025 as a pivotal year for cryptocurrency, highlighting plans for a strategic bitcoin reserve and sweeping pro-crypto legislation under new leadership. Strategic Bitcoin Reserve and Digital Asset Laws Set to Redefine 2025 U.S. Senator Cynthia Lummis (R-WY) reiterated her strong support for cryptocurrency in a post on social media platform X Tuesday, […] Source: https://news.bitcoin.com/us-senator-declares-2025-the-year-for-bitcoin-and-digital-assets-pledges-sweeping-crypto-laws/
Sky doubles down on token overhaul: Making MKR unusable, launching subDAOs
Rune Christensen, the co-founder of Sky, says the ultimate goal is to turn MKR into a wrapper that represents 24,000 SKY. Source: https://cointelegraph.com/news/makerdao-doubles-down-sky-maker-token-overhaul?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Hits $99,997 Low as Crypto Market Faces Sharp Declines
On Wednesday, the price of bitcoin plummeted below the $100,000 mark, hitting an intraday low of $99,997 per coin. The whole crypto market has taken a hit, dropping 5.74% in the past 24 hours, with numerous coins feeling the sting of heavy losses. Bitcoin’s Rollercoaster Week: From Record High to Sub-$100K Slide It feels like […] Source: https://news.bitcoin.com/bitcoin-hits-99997-low-as-crypto-market-faces-sharp-declines/
BlackRock sparks Bitcoin 21M debate, saying ‘no guarantee’ it won’t change
One Bitcoin developer argues that any change to Bitcoin’s fixed supply, while theoretically possible, wouldn’t be considered “Bitcoin” anymore. Source: https://cointelegraph.com/news/bitcoins-fixed-supply-debate-after-blackrock-video?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Robert Kiyosaki: Bitcoin to $350K by 2025—An Urgent Call for Crypto Investors
Rich Dad Poor Dad author Robert Kiyosaki predicts bitcoin will hit $350K by 2025, emphasizing its inclusive design to build wealth even with small investments. Robert Kiyosaki Says Bitcoin Will Skyrocket to $350K in 2025, Urges Investors to Own More BTC Robert Kiyosaki, renowned author of Rich Dad Poor Dad, has reiterated his bullish stance […] Source: https://news.bitcoin.com/robert-kiyosaki-bitcoin-to-350k-by-2025-an-urgent-call-for-crypto-investors/