Tag: $Bitcoin

BBVA’s customers in Spain will soon be able to buy, sell, and manage bitcoin and ether transactions through the bank’s app, after the lender received the green light from the Spanish Securities and Exchange Commission (CNMV).

U.S. President Donald Trump has signed an executive order to establish a strategic reserve of cryptocurrencies by using tokens already owned by the government, disappointing some in the market who had hoped for a firm plan to buy new tokens.

A rout in Bitcoin deepened on Friday as investors rushed to safe assets in the wake of US President Donald Trump’s latest tariff threats, marking a dramatic reality check for one of the most popular Trump trades.

The Czech National Bank will consider holding billions of dollars worth of bitcoin in its reserves, Governor Ales Michl said on Wednesday, potentially the first shift into the cryptocurrency by a western central bank if it went ahead.

Bitcoin and other cryptocurrencies sank on Tuesday, as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump’s inauguration.

Bitcoin hit a new all-time high overnight after the incoming first couple launched a pair of meme coins and as traders await the inauguration of incoming President Donald Trump.

Bitcoin traded at around $92,808.07 at 6:57 a.m. ET on Friday, down around 9% from 24 hours before where it was priced above $102,000, according to Coin Metrics.

Bitcoin hit a record high above $106,000 on Monday after President-elect Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls.

Bitcoin was rising on Tuesday, but it looks unlikely that the cryptocurrency’s recent red-hot rally will reignite anytime soon.

Bitcoin catapulted above $100,000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly U.S. administration to cement the place of cryptocurrencies in financial markets.

Bitcoin’s march toward $100,000 gathered pace on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class.

Bitcoin hit a new record high above $94,000 as Donald Trump’s favorable stance on crypto continued to fuel the rally.

Bitcoin price edged close to $90,000 early Tuesday as the postelection rally continues. Investors are betting that former President Donald Trump’s second term will boost cryptocurrencies because he has suggested more favorable regulation.

Bitcoin hit another high Monday, as the rally in cryptocurrencies continued following Donald Trump’s election win.

Cryptocurrencies on Tuesday recovered some of the previous day’s losses after bitcoin briefly fell under $50,000 for the first time in six months.

The price of bitcoin sank more than 13% on Monday to $50,963.57, according to Coin Metrics. At one point, it fell to $49,111.10 — its lowest level and first time under $50,000 since February.

Former President Donald Trump stopped short of promising to establish an official U.S. bitcoin strategic reserve currency during his Saturday keynote speech at the biggest bitcoin conference of the year.

Bitcoin’s price fell on Friday as news of cooling inflation inspired investors to dump their cryptocurrencies and rotate into other assets.

Bitcoin and other cryptocurrencies rose Monday, with cryptos climbing after Bitcoin completed its much-anticipated “halving.” While the halving represents a catalyst that could push prices higher, some analysts see digital assets as vulnerable to declines.

Japan’s government pension fund on Tuesday said it is requesting information on “illiquidity assets” such as bitcoin as part of research into potential new investments.