Tag #Cryptocurrency

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Block Inc. Stock Poised for Significant Growth in 2025

Wall Street analysts predict a substantial rise in Block Inc.'s stock price in 2025, citing the company's cryptocurrency exposure, diverse product portfolio, and positive earnings projections as key catalysts for growth, with price targets ranging from $120 to $150.

Progress

44% Bias Score

Decent Work and Economic Growth
cnbc.com
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Texas Proposes State Bitcoin Reserve

Texas Representative Giovanni Capriglione introduced a bill to establish a state bitcoin reserve, accepting bitcoin for taxes and donations, to enhance fiscal stability and promote bitcoin innovation; this follows similar proposals in other states and countries.

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40% Bias Score

Reduced Inequality
forbes.com
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Circle and Binance Partner to Expand USDC Usage

Circle and Binance partnered to expand USDC usage within Binance's platform, aiming to boost Binance's reputation and increase USDC adoption, challenging Tether's market dominance; this follows Binance's $4.3 billion settlement with the U.S. Department of Justice and exit from the U.S. market.

Progress

40% Bias Score

Reduced Inequality
forbes.com
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Wirehouses' Crypto Restrictions Create Client Service Gap

FINRA's new crypto guidelines contrast with wirehouses' restrictive policies, leaving advisors unable to discuss crypto with clients, impacting service quality and potentially hindering client investment choices; RIAs, however, have more flexibility, highlighting a regulatory disparity.

Progress

52% Bias Score

Reduced Inequality
cbsnews.com
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Ripple CEO Announces $25 Million Political Donation Amidst Crypto Industry's Election Success

Following the 2024 election, Ripple CEO Brad Garlinghouse announced a $25 million contribution to a crypto industry super PAC for the 2026 midterms, citing the SEC's crackdown on the industry as a motivator. Crypto companies contributed a third of all corporate super PAC funding in 2024, resulting i...

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60% Bias Score

Reduced Inequality
forbes.com
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Bitcoin's Resurgence: Trump's Endorsement Fuels Market Growth

Driven by former US President Trump's endorsement, Bitcoin's value has surged to nearly $100,000, with the total cryptocurrency market cap reaching $3.5 trillion, exceeding the UK's GDP, highlighting its significant global impact despite regulatory challenges.

Progress

52% Bias Score

Reduced Inequality
theglobeandmail.com
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BlackRock Recommends 2% Bitcoin Allocation for Diversified Portfolios

BlackRock recommends a maximum 2% bitcoin allocation in diversified portfolios due to its potential for uncorrelated returns, but cautions about its volatility and risk, highlighting the need for suitable risk tolerance and governance. This follows their successful launch of bitcoin exchange-traded ...

Progress

36% Bias Score

Reduced Inequality
abcnews.go.com
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Bitcoin surpasses \$100,000: Scarcity and Trump's policies drive price surge

Bitcoin's price surpassed \$100,000, driven by both increasing demand fueled by President-elect Trump's pro-crypto stance and the cryptocurrency's inherent scarcity due to a limited supply of 21 million coins, of which only a fraction remains to be mined.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
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Bitcoin ETFs Surpass \$100 Billion, Outpacing Satoshi Nakamoto

Bitcoin exchange-traded funds (ETFs) have collectively surpassed \$100 billion in assets under management, owning over 1.1 million bitcoins—more than even the estimated holdings of Satoshi Nakamoto—representing approximately 1% of all ETF assets and highlighting increased institutional interest in B...

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 90% Global Worthiness
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Bitcoin Surpasses \$100,000 Amidst Growing Institutional and Government Adoption

Bitcoin surpassed \$100,000 for the first time, driven by growing global adoption, institutional investment, and potential government backing, as evidenced by El Salvador's profits and the incoming Trump administration's proposed Bitcoin reserve.

Progress

52% Bias Score

Reduced Inequality
cincodias.elpais.com
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Bitcoin Hits \$100,000 Amidst SEC Change and ETF Boom

Bitcoin hit \$100,000 for the first time, fueled by optimism surrounding the potential pro-crypto stance of incoming SEC chair Paul Atkins and increased institutional investment via Bitcoin ETFs, but future price movements remain uncertain.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Core Scientific's AI Supercomputer Expands in Denton, Texas, Despite Past Bankruptcy and Environmental Concerns

Core Scientific, a former bitcoin miner that filed for bankruptcy, secured a deal with Denton, Texas, to transform its 297-megawatt data center into one of North America's largest AI supercomputers, increasing its power draw by 100 megawatts, despite prior concerns about its environmental impact and...

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36% Bias Score

Climate Action