Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last year.The largest digital asset rose as much as 11.5% to top $35,000 and was trading at $34,800 as of 10:31 a.m. in Singapore on Tuesday, taking its year-to-date rebound from 2022’s digital-asset rout to more than 100%.The possible approval in coming weeks of the first US spot Bitcoin ETFs is stoking speculative ard...
Bitcoin has now more doubled in value this year in a surprising resurgence from a tumultuous 2022 that had some skeptics predicting the demise of digital assets. The largest cryptocurrencyby market value rallied for a third day, pushing the price back to around $35,000, the highest level in about 18 months. Bitcoin tumbled 64% last year amid industry scandals and bankruptcies.It reached a record of almost $69,000 in late 2021.Growing expectations...
A UK judge has declared that Australian computer scientist Craig Wright is not "Satoshi Nakamoto," the enigmatic creator of Bitcoin, rejecting long-standing claims by Wright. This landmark decision came after the Crypto Open Patent Alliance (COPA) challenged Wright's assertions to prevent him from suing Bitcoin developers.Judge Mellor's pronouncement left no room for doubt: "Dr Wright is not the author of the Bitcoin white paper," he said firmly....
Bitcoin exceeded $62,000 after Donald Trump’s defiant response to an assassination attempt spurred speculation that the pro-crypto former president’s chances of winning reelection have climbed.The largest digital asset rose as much as 4.5% on Monday and traded at $62,609 as of 5:15 a.m. in London, the highest level in more than a week. Smaller tokens also rose, with second-ranked Ether up about 4%.Trump said he was shot in the right ear after gun...
LONDON: Bitcoin hit its highest level in 13 months on Thursday rising as much as 3.28% to $31,500.The world's largest cryptocurrency has recently found support due to plans by fund managers, including BlackRock - the world's largest asset manager - to launch a US-listed spot bitcoin exchange-traded fund (ETF).Nasdaq refiled its application to list BlackRocks's ETF according to a filing made public on Monday after the US securities regulator had r...
Bitcoin rose back to a more than 17-month high amid hopes the Federal Reserve is done with interest-rate hikes and expectations that a fresh source of demand is brewing in the exchange-traded fund industry.The largest digital token added 4% in the past 24 hours and traded at $35,840 as of 10:53 a.m. in Singapore on Thursday. Some smaller coins climbed, including the Solana network’s SOL token, which is up 142% to $42 since mid-September.Bitcoin h...
Changpeng Zhao, commonly known as "CZ," is a prominent figure in the world of cryptocurrency, best known as the founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume. Born in Jiangsu, China, in 1977, Zhao's journey to becoming a key player in the digital currency landscape is a tale of innovation, resilience, and foresight in the rapidly evolving world of technology.Early life and educationZhao was born into a ...
To pass the chartered financial analyst exams and put the “CFA” letters on your resumè, at least 900 hours of study are recommended. Hitting the books for 300 to 400 hours is advised for the certified public accountant exam, which is usually taken by prospective CPAs who have completed an undergraduate degree in the subject.However, to become a “Certified Cryptocurrency Expert,” or CCE, all you need is $229 and time for 11 hours of online coursew...
Bitcoin retreated from a six-week high as traders shift their focus to speculation the US may sell seized tokens just days after Donald Trump pledged to create a government stockpile of the cryptocurrency if elected president again. The US moved $2 billion of Bitcoin to a new digital wallet address on Monday, the blockchain research firm Arkham said in a post on the X social media platform.Market analysis firms speculated that the tokens are from...
Standard Chartered is ramping up its bullish Bitcoin prediction, targeting as much as $120,000 by the end of 2024 — almost quadruple the current price — as increasingly cash-rich miners reduce sales of the token.“Increased miner profitability per BTC mined means they can sell less while maintaining cash inflows, reducing net BTC supply and pushing BTC prices higher,” Geoff Kendrick at Standard Chartered wrote Monday.Bitcoin mining is an energy-in...
