Tag #Cryptocurrency

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Bitcoin Dips Below $91,500 Amidst Bull Market, Analysts Weigh In

Bitcoin's price fell below $91,500 on December 30, 2024, its lowest since late November, after reaching a high of over $108,000 on December 17, 2024; however, analysts cite a broader upward trend, institutional demand, and potential use as a strategic reserve asset as factors that could propel price...

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40% Bias Score

Reduced Inequality
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Musk Warns of U.S. Bankruptcy Amidst Trump's Bitcoin Reserve Plan

Elon Musk warns of potential U.S. bankruptcy due to \$36 trillion national debt, advocating for his "Doge Department" to cut spending, while President-elect Trump plans a national bitcoin reserve to alleviate the debt crisis.

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52% Bias Score

Reduced Inequality
cnbc.com
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Pro-Crypto Government Fuels Cryptocurrency Market Surge

The cryptocurrency market is experiencing a surge driven by a pro-crypto US administration and anticipated regulatory easing, with Bitcoin potentially doubling in price and Ethereum reaching $7,000 in 2025; however, the full impact of legislative changes may not be felt until later in the year.

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48% Bias Score

Decent Work and Economic Growth
smh.com.au
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Australia's Crypto Strategy: Modernization Balanced Against Risks

Australian Treasurer Jim Chalmers declared cryptocurrencies will help modernize the nation's financial system, but this view contrasts with the RBA governor's, while Trump's election victory necessitates a reassessment of the sector's importance and potential risks.

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48% Bias Score

Decent Work and Economic Growth
forbes.com
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Five Key Cryptocurrency Trends to Watch in 2025

Five key cryptocurrency trends expected in 2025 include regenerative finance (ReFi) addressing environmental concerns, blockchain-based dispute resolution improving efficiency, central bank digital currencies (CBDCs) enhancing financial inclusion, decentralized identity (DID) solutions increasing da...

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40% Bias Score

Climate Action
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Trump's Re-election Spurs Bitcoin Surge, Signaling a Potential Shift in US Crypto Regulation

Following Donald Trump's re-election, Bitcoin surpassed \$100,000, reflecting investor optimism and a shift in his stance towards cryptocurrencies. The appointment of Paul Atkins as SEC chair signals a potentially more lenient regulatory environment, contrasting with his predecessor's stricter appro...

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56% Bias Score

Reduced Inequality
forbes.com
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Cryptocurrency Market Soars After US Election

Following the US presidential election, Bitcoin ETFs surpassed gold ETFs in assets, reaching \$129 billion by December 16th, driven by market euphoria and pro-crypto policies promised by the incoming Trump administration, leading to a significant price increase for Bitcoin and other cryptocurrencies...

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60% Bias Score

Reduced Inequality
lemonde.fr
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Montenegro to Extradite Do Kwon to US

Montenegro will extradite Do Kwon, the South Korean cryptocurrency specialist, to the United States following his arrest in March 2023 for possessing a fake passport and his alleged role in the $40 billion collapse of Terraform Labs, after the Montenegrin Constitutional Court rejected his appeal.

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40% Bias Score

Peace, Justice, and Strong Institutions
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Fed's Rate Decision Triggers Bitcoin Price Drop Amidst High Leverage

The Federal Reserve's decision to maintain interest rates, rather than cut them, negatively impacted Bitcoin's price, triggering a 6% drop after $2 billion in leveraged positions were liquidated in a single day, highlighting the cryptocurrency's susceptibility to market fluctuations.

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52% Bias Score

Reduced Inequality
cnbc.com
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Premarket Movers: Quantum Computing Stocks Surge, Honda Rises on Merger Talks

Premarket trading saw significant stock fluctuations: Quantum computing stocks (Rigetti +27%, D-Wave +5%, Quantum Computing +8%) surged; KULR Technology rose 11% after a $21 million Bitcoin purchase; Honda advanced on Nissan merger talks; Toyota and MicroStrategy also saw gains; GameStop fell; and R...

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32% Bias Score

Industry, Innovation, and Infrastructure
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Ethereum's Pectra Upgrade: Faster, More Flexible ETH Staking

Ethereum's Pectra upgrade in early 2025 will enhance ETH staking via EIPs 6110, 7251, and 7002, accelerating validator activation, increasing maximum stake amounts, introducing auto-compounding rewards, decreasing slashing costs, and enabling operator-independent withdrawals.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
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Bitcoin Price Plunges Amidst Monetary Policy Concerns

Bitcoin's price has dropped to approximately $90,000 from over $100,000 due to the Federal Reserve's monetary policy and a predicted $4.1 trillion decrease in the global money supply, potentially causing a further fall to $20,000 according to analysts.

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68% Bias Score

Reduced Inequality