Bitcoin Financial News

Crypto-focused companies' shares had a volatile Thursday as bitcoin traded above $100,000 and then retreated.

Bitcoin (BTCUSD) traded above $100,000 for the first time ever late Wednesday, then kept rising.

Bitcoin (BTCUSD) soared past $100,000 for the first time Wednesday night, and analysts think it could stay there.

President-elect Donald Trump’s pick of a crypto proponent to be the next head of the United States securities regulator lifted Bitcoin to US$100,000 for the first time as traders warmed to the prospect of relaxed regulations.

For the first time in its history, the cryptocurrency eclipsed the $100,000 mark, hitting a high of $103,853 earlier on Thursday (5 December), according to data from MarketWatch. At the time of reporting, bitcoin it up more than 3.4% on Thursday and has jumped over 8% in the previous five days.  Atkins, a former SEC commissioner under George W. Bush, is renowned for his support of crypto and has previously made the case against excessive market regulation.  Trump policies spark volatility for US Treasuries and add pressure to rising national debt levels In a post on his social m...

Bitcoin has topped the $100,000 mark as a massive rally in the world’s most popular cryptocurrency sparked by the election of Donald Trump rolls on.

President-elect Donald Trump says he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission

Global shares have advanced, taking their cues from another Wall Street record rally, while bitcoin edged away from its record high

Bitcoin soared past the $100,000 mark for the first time on Thursday, buoyed by hopes that US President-elect Donald Trump will introduce measures to deregulate cryptocurrencies once he assumes office next month. The cryptocurrency was trading at $102,727 as of 8:43 am IST, extending a rally that began after Trump’s election victory on November 5. During his campaign, Trump pledged to make the United States the «bitcoin and cryptocurrency capital of the world.»

Bitcoin (BTCUSD) traded above $100,000 for the first time ever in late trading Wednesday.

Bitcoin (BTCUSD) soared above $100,000 for the first time late Wednesday as investors bet that the incoming Trump administration and Congress will support policies that benefit the cryptocurrency market. 

Subscribe to enjoy similar stories. Bitcoin traded above $100,000 for the first time, powered by a wave of investors betting that President-elect Donald Trump will turn U.S. government policy into an engine of growth for crypto.

Bitcoin has topped the $100,000 mark as a massive rally in the world’s most popular cryptocurrency sparked by the election of Donald Trump rolls on

 Kraken

«I would simply say in conclusion that Donald Trump does not like a strong dollar. When he talks about the dollar, he says he would want it to go down. So, if it does keep going up, I think that he would not like that very much,» says Mark Matthews, Julius Baer. What looks like a buy America, sell emerging market trade looks like it is reversing. In last couple of days, emerging markets and especially India, they have made a comeback. So, do you think the transition what we saw after Donald Trump got elected, that long dollar trade, is that getting over? Is that getting rusty? Mark Matthews: Hard to say. There are so many moving parts to this incoming administration. But on a fair value purchasing power basis, the dollar is slightly overvalued. So, fundamentally, it should not go up anymore. But if this Trump administration really ignites the animal spirits of the US economy, if they remove sanctions, which they may do, which would attract more buying of treasuries, and if they introduce tariffs, all of that would conspire to the dollar going up more.

A former B.C. resident has been fined $18.4 million for diverting millions of customer deposits for his cryptocurrency trading platform to gambling.

Bitcoin has seen a dream run over the past month since the reelection of Donald Trump as the 47th US President. From around $67,000 on the day of the election to a lifetime of $99,655, Bitcoin has increased its value by close to 50% in just a month. This rally also brought a staggering $6.2 billion net inflow into Bitcoin ETFs over the month. While BTC attempted to touch the milestone last week, we saw bears take control, leading to some profitbooking pulling down BTC’s price by around 9%. After testing the key support point of $90,000 – Bitcoin is all set to re-attempt the six-figure mark. Let's deep dive into what the milestone could result in and how BTC at $100k impacts the global crypto market in the short term and the long term.

volatility. As of 11:42 am, Bitcoin was down 0.1% at $96,158, after hitting a daily low of $94,482 and a high of $97,430. Last week, the cryptocurrency experienced significant volatility, dipping to an intraday low of $90,770 on Wednesday.

Adani Power shares are in focus after Bangladesh, grappling with $844 million (Rs 7,000 crore) in unpaid power dues to the company, asked Adani to reduce its electricity supply due to low demand during the winter season. «Due to low demand owing to the onset of winter, Bangladesh Power Development Board (BPDB) has conveyed that we need to supply from one unit only,» a spokesperson for Adani Power told ET in an emailed response to queries, adding that the units are available as per the contract with BPDB.

The groups of Bitcoin and Ether ETFs each posted record monthly net inflows in November, $6.5 billion and $1.1 billion respectively, according to data compiled by Bloomberg. Friday’s daily Ether ETF subscriptions also hit an all-time peak.

MicroStrategy (MSTR) bought another $1.5 billion worth of bitcoin (BTCUSD) last week, the company said Monday.