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...
