Amazon Shareholders Push for Minimum 5% Bitcoin Allocation
The proposal submitted by the National Center for Public Policy Research calls for the company to add BTC to its treasury to beat inflation
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US Bitcoin ETF Inflows Near $10 Billion Since Trump Election Win
(Bloomberg) -- Almost $10 billion has poured into US exchange-traded funds investing directly in Bitcoin since Donald Trump became president-elect, in a bet that his embrace of the crypto sector heralds a boom for the market.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitBrace for a Nationwide Shuffle of Corporate Hea
Larry Summers: National Bitcoin Reserve 'Crazy'
Former Treasury Secretary Larry Summers has dismissed the idea of a national Bitcoin (CRYPTO: BTC) reserve as “crazy” amidst ongoing deliberations in Congress and the crypto industry. What Happened: In an interview with Bloomberg on Friday, Summers ...
Peter Schiff Questions Jim Cramer's Bullish Bitcoin Take As It Slumps From $100K: These Are Statements 'Made At Market Tops'
Staunch Bitcoin (CRYPTO: BTC) critic Peter Schiff questioned financial analyst Jim Cramer’s bullish stance on the cryptocurrency on Thursday, likening it to remarks made at market tops. What Happened: Schiff took to X to share his thoughts on Cramer’s ...
Why the iShares Bitcoin Trust ETF Rocketed Almost 40% in November
The exchange-traded fund (ETF) closely tracks the price of Bitcoin (CRYPTO: BTC), allowing investors to gain exposure to the cryptocurrency on major brokerage platforms without having to purchase it directly on a crypto exchange. Bitcoin has rallied big time in the wake of Donald Trump's election on Nov. 5, so this Bitcoin ETF followed suit. Although incoming President Trump lambasted Bitcoin and its legitimacy back when he was in office in 2019, he appeared to change his mind on the cryptocurrency earlier this year.
Should You Buy Dogecoin Under $0.60?
The meme token Dogecoin (CRYPTO: DOGE) has been on a phenomenal run since Election Day, up more than 150%. Dogecoin is also up more than 360% on the year. President-elect Donald Trump has helped to awaken the crypto market and encourage other investors who were previously on the sidelines.
This Crypto ETF Could Soar 1,500%, According to Cathie Wood
In fact, one crypto ETF tracks an investment of hers that Wood believes has more than 1,500% in potential upside over the next few years. When it comes to Bitcoin ETFs, the giant in the room is the iShares Bitcoin Trust ETF (NASDAQ: IBIT). The iShares Bitcoin Trust ETF does charge an expense ratio of 0.12%, but that's fairly low for ETFs in general.