Bitcoin Financial News

Robert Kiyosaki, author of best-seller Rich Dad Poor Dad, has made a bold prediction about Bitcoin, forecasting that its price could “crash” to $60,000 before eventually surging to $250,000 by 2025. Taking to X (formerly Twitter), Kiyosaki expressed his views, stating, «Bitcoin is stalled short of $100k. That means BTC may crash to $60k. If and when that happens, I will not sell. BTC will be having a sale. I will buy more.» He emphasised that the current price of Bitcoin is less important than accumulating more of the cryptocurrency during its corrections.

Subscribe to enjoy similar stories. India has stayed off US President-elect Donald Trump’s target range so far, but Brics was the focus of his latest finger-wag.

Imagine a fixed-income investment advisor who tried out crypto assets and then got converted. That’s what happened with New Delhi-based Shiv Pande, who worked closely with pension and provident funds and became curious about the stupendous rise of crypto assets in 2021. He spent a year researching it and invested in it for the first time in July 2022.

Bitcoin has bounced back above $95,000 following significant volatility over the past four trading sessions. The cryptocurrency hit an intraday low of $90,770 on Wednesday but has since rallied, driven by positive developments in the U.S. regulatory landscape and favorable market sentiment. As of 12:19 PM, Bitcoin was trading 2.6% higher at $95,550, while Ethereum, the second-largest cryptocurrency, surged 4.9% to $3,596.

With a fresh presidential term on the horizon, Donald Trump’s pro-crypto stance is poised to impact not only the US crypto market but also the entire global ecosystem. His proposed policies, from reshaping crypto regulations to establishing a Strategic Bitcoin Reserve, signal a shift that could reverberate across borders, affecting crypto adoption, trading, and innovation worldwide.

Bitcoin has experienced significant volatility, dipping to an intraday low of $90,770 before recovering to $93,500 on Wednesday. Its market dominance dropped to 57.36% amid profit-taking and market turbulence fueled by Trump’s trade policy announcements. At 12:19 p.m., Bitcoin traded 0.6% lower at $93,461 over the last 24 hours, while Ethereum, the second-largest cryptocurrency, rose 0.46% to $3,426. «The recent price drop has been attributed to the expiry of options and reduced term premiums from U.S. Treasury bonds, which somewhat decreased the appeal of using Bitcoin as a hedge against the traditional market,» said Shivam Thakral, CEO of BuyUcoin.

Bitcoin (BTC) traded flat on Monday around the $98,200 mark. On Friday, the cryptocurrency reached a record high of $99,830, fuelled by expectations of a more crypto-friendly regulatory environment under former President Donald Trump. At 11:01 AM IST, Bitcoin was up 0.05% at $98,270, with analysts speculating that the $100,000 milestone could soon be reached.

Bitcoin hit a record high of $99,830 on Nov. 22, but it has since fallen more than 8% to a one-week low of 91,377.32 on Tuesday.

The New Zealand dollar rose after the Reserve Bank of New Zealand cut benchmark rates by 50 basis points to 4.25% while noting that inflation had declined to near the mid-point of its targeted range.

Bitcoin was trading at around $30,000, marking a remarkable 300% growth in value. This incredible rally has been driven by a wave of optimism sparked by Donald Trump’s reelection as President of the United States and a staggering $30 billion net inflow into Bitcoin ETFs over the past year. As BTC gets closer to the six-figure mark, the question arises — What happens once BTC hits $100K? There is much more significance to the $100K mark than just being a psychological mark. Given that this mark would trigger many developments in the coming weeks, let's take a closer look at what reaching $100K could mean for Bitcoin and the broader crypto ecosystem.

The «bitcoin $100,000» price milestone has proven elusive. Some analysts are are blaming skittish investors taking profits as companies continue to purchase the crypto asset.

Rumble (RUM), the conservative-leaning streaming platform whose backers include Vice President-elect JD Vance, said it is planning to allocate part of its cash reserves to bitcoin (BTCUSD).

Canadians are piling on the debt as interest rates come down, with the younger generations leading the way.

The dollar rose over 2% against the Mexican peso and 1% against its Canadian counterpart.

News of Donald Trump’s election win sent Bitcoin soaring to record highs after he rebranded himself as a pro-crypto candidate on the campaign trail.

Subscribe to enjoy similar stories. Bitcoin prices have surged 40% since Election Day. MicroStrategy has climbed even faster.

Bitcoin may be on song, but there’s plenty more keeping fans abuzz in the crypto verse. Over the past month a new cohort of memecoins have been delivering windfall gains to investors. Scripted with generous lashings of community humour these new coins such as X, Dogwifhat, Peanut the Squirrel, Popcat and Goatseus Maximus have crypto investors in thrall following Donald Trump’s ascension as US President Elect and Tesla founder Elon Musk’s consequent rise having triggered an explosion in crypto valuations. Even as Bitcoin is inching closer to the $100,000 mark having surged 49% over the last month, Dogwifhat, the Japanese dog with a hat, touched a market cap of $3.3 billion, making it the 36th ranked coin among 2.4 million currencies. Peanut the Squirrel (PNUT) surged by 2,315% since its launch this month,according to CoinMarketCap, a price-tracking website for cryptocurrencies.

Shares are mostly higher in Asia, tracking last week's gains on Wall Street

Bitcoin (BTCUSD) remains in focus to start the week as the cryptocurrency sits on the precipice of crossing the $100,000 mark for the first time.

Donald Trump's pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties with the company operating the world's largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin, Bloomberg News reported on Sunday. Lutnick's financial services firm Cantor Fitzgerald is discussing receiving support from Tether to help fund the project, that could potentially reach tens of billions of dollars, the report said, citing people familiar with the matter. Tether and Cantor did not immediately respond to a Reuters request for comment outside business hours.