Bitcoin bulls have a lot of reasons to be optimistic right now. Find out what could drive Bitcoin over the $1 million mark -- and what might hold it back.
If you don't already hold some Bitcoin (CRYPTO: BTC), there's a very good chance that buying it could help to round out your portfolio. Here are three reasons why Bitcoin belongs in (almost) everyone's portfolio these days. One of the most important reasons to own even a little Bitcoin is that it can protect at least a portion of your total purchasing power from surges in monetary inflation.
XRP (CRYPTO: XRP) and Ethereum (CRYPTO: ETH) are two of the biggest cryptocurrencies, yet their focuses are very different. XRP aims to rapidly and accurately process money transfers around the world, potentially including the tokenzation of real-world assets into its transfer capabilities. Ethereum is a more traditional blockchain, with extensive smart-contract capabilities and an ecosystem of projects under the headings of decentralized finance (DeFi), and non-fungible tokens (NFTs), among others.
(Bloomberg) -- After outperforming most asset classes in 2024, Bitcoin now finds itself under pressure as Donald Trump’s White House return and heightened geopolitical instability spark a rush for safe haven investments. Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC Sees Pedestrian Traffic Increase in Congestion-Pricing Z
It all started with tariffs announced last Saturday, which seems like a year ago at this point. The stock market recovered some of its losses, but the crypto market can't say the same. According to data provided by S&P Global Market Intelligence, Ethereum (CRYPTO: ETH) fell 19.8% from last Friday's close, Solana (CRYPTO: SOL) is down 14.7%, Cardano (CRYPTO: ADA) is down 24.2%, and XRP (CRYPTO: XRP) is off 19.2%.
Utah cleared its digital assets bill through the state house, and Kentucky and Maryland introduced their own efforts, making it 18 states working on such bills.