BlackRock Bitcoin ETF saw its largest day of trading activity following Donald Trump’s reelection as the president of the United States.
Bitcoin news
Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain.
Bitcoin could top $1 million per coin during Trump’s second term, according to historical price data.
Analysts expect crypto products to proliferate after Republican presidential candidate Donald Trump’s Nov. 5 US election win.
A US strategic Bitcoin reserve faces steep odds, with legislative hurdles and economic risks stalling approval.
The future of money is the cost of consensus, and the economy of the future will usher in the next era of globalization.
With Republicans soon to have a majority in the US Senate, Cynthia Lummis said she plans to have lawmakers pass a bill to “build a strategic Bitcoin reserve.”
Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.
Some analysts expect Bitcoin’s price to surge following Donald Trump’s Nov. 5 election win.
A boost in Bitcoin’s spot volumes and a classic chart pattern hint that $110,000 could be the next stop for BTC price.