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Top 5 Crypto Stories This Week: From Bitcoin $50K to Ether Rock $600K
Blockhead presents our favorite stories this week, Bitcoin's return to $50K, Ether Rock's potential $600K sale, Coinbase's return to profit, Crypto.com's Hong Kong license application, and Franklin Templeton's ETH ETF race
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Bitcoin vs. Gold: Is It All Over for the Yellow Metal?
Gold has experienced a significant pullback, down over 8% from its all-time high, as the US election results reduced political uncertainty and raised confidence in the economy. The Fed's cautious stance on rate cuts has made the non-yielding metal less attractive, while boosting assets like Bitcoin.
Rating Trump's Latest Picks From a Crypto Perspective
Howard Lutnick, Linda McMahon, Brian Brooks, and Goody Guillén are either confirmed or on Trump's radar but how crypto friendly are they?
Is the ‘Crypto Bubble’ Bursting According to the Saylor-Buffett Ratio?
Bitcoin stays up 30% post-election but the Saylor-Buffett ratio signals a potentially overheated market
Bitcoin to Eclipse $100,000 By Year End?
After surging to a record $93.5K, Bitcoin fell below $87K amid Fed concerns on rate cuts, as traders eye $100K with cautious optimism under Trump
Latest
Bitcoin vs. Gold: Is It All Over for the Yellow Metal?
Gold has experienced a significant pullback, down over 8% from its all-time high, as the US election results reduced political uncertainty and raised confidence in the economy. The Fed's cautious stance on rate cuts has made the non-yielding metal less attractive, while boosting assets like Bitcoin.
BitGo Launches Singapore Subsidiary to Boost APAC Services
With its Major Payment Institution License granted by the Monetary Authority of Singapore (MAS) in August 2024, BitGo Singapore is positioned as a key player in addressing the region’s growing demand for institutional-grade digital asset infrastructure.
MicroStrategy Ups Bitcoin Bet: $2.6B Convertible Notes Sale Amid Soaring BTC Prices
Michael Saylor, the company’s chairman, has been a strong advocate for Bitcoin, believing its value will continue to rise. With over $40 billion in Bitcoin assets, MicroStrategy’s stock has surged, becoming the most traded in the U.S.
China Expels Former Digital Currency Chief Yao Qian Amid Crypto Corruption Scandal
Accused of using his regulatory powers for personal gain, Yao allegedly accepted bribes in crypto, engaged in financial misconduct, and misused his position to benefit specific technology providers. His case has been referred for criminal prosecution.