The Dow, the S&P 500 and the Nasdaq—as well as the bitcoin price and gold—have returned to all-time highs in the first six months of Donald Trump’s second stint in the White House (with traders now braced for a Federal Reserve earthquake). Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can "uncover blockchain blockbusters poised for 1,000% plus gains!" The bitcoin price is almost double where it was a year ago amid serious fears over the fate of...
Rather than place the burden on the state (taxpayers), they put their own finances on the line in the hope rising prices justify the risks.Unfortunately, returns with property don’t arrive in straight lines, and the last four years are a great case study in what can go wrong. When property prices stall and a seven-year itch kicks in, instead of prices doubling, we start questioning the asset class like a doubting spouse.But what are the options? What’s better than property? Bitcoin?AdvertisementAdvertise with NZME.Despite its volatility, Bitcoin offers digital scarcity and...
CANADA - 2025/04/22: In this photo illustration, the CleanSpark logo is seen displayed on a ... More smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images CleanSpark (NASDAQ: CLSK) experienced a significant 13% stock surge on June 24, 2025, following the bitcoin miner’s achievement of a 50 EH/s (Exahashes per second) hashrate milestone, a key indicator of computing power within the Bitcoin network. This accomplishment enhances the company’s prospects for earning Bitcoin rewards. With plans to further scale to 60 EH/s, the question of...
Cryptocurrency, like bitcoin, has evolved from a niche payment system in 2009 to a popular investment option today.Bitcoin and other cryptocurrencies are digital currencies bought and sold without traditional banks. “Crypto, and bitcoin in particular, was really started as a payment system that was intended for people just to go shopping with,” said David Yermack, a finance professor at NYU Stern School of Business. “It has morphed into an investment.” Bitcoin can be purchased through cryptocurrency exchanges, stockbrokers, ATMs, exchange-traded funds, money transfer apps and wallet software. It can also...
A recent judgement finds that Bitcoin can’t be regulated under apartheid-era exchange control rules. The South African Reserve Bank (SARB) is appealing a Pretoria High Court ruling that set aside its forfeiture of more than R16.4 million held by Standard Bank, ruling that apartheid-era exchange control regulations can’t be used to deal with modern-day crypto-currency transactions.Standard Bank had taken SARB to court, arguing that the central bank could not lawfully forfeit funds it held as collateral for a R40 million overdraft it granted to the now defunct Leo Cash and...
Wall Street pundits and investors are schizophrenic about US assets. The dollar weakened after Moody’s cut the United States’ credit rating, citing the increasing fiscal deficit, as well as the rising interest costs on government debt.On the other hand, the S&P 500 not only recovered after US President Donald Trump’s April tariff shock, but is now less than 5 per cent off its record high in February. Nevertheless, 30-year US Treasury yields recently exceeded 5 per cent per annum, indicating investors’ nervousness about US deficits and debt sustainability.While Financial Times...
On March 6, 2025, U.S. President Donald Trump signed an executive order establishing a strategic Bitcoin reserve and digital asset stockpile for the United States government. Within this executive order, Trump refers to the notion that Bitcoin is akin to “digital gold.” Cryptocurrency enthusiasts often refer to Bitcoin as “digital gold” and consider both as equal forms of sound money. In reality, gold and Bitcoin are quite different in asset quality and in terms of their hierarchy as sound money. Digital assets vs real assets According to Investopedia, a digital asset, such as Bitcoin, is...
May 21, 2025 10:33 PM IST Bitcoin hit a record high on Wednesday, driven by a wave of optimism over cryptocurrency legislation in the United States. Bitcoin hit a record high on Wednesday, driven by a wave of optimism over cryptocurrency legislation in the United States. How to Buy Bitcoin (BTC) in India in 2025 The world's most popular cryptocurrency surged to an all-time peak of $109,499.76, surpassing its previous high set on January 20 when Donald Trump was sworn in as US president. Bitcoin gained after US policymakers showed...
This month New Hampshire became the first state in the country to authorize its treasury to invest in cryptocurrency.The new law, which supporters are promoting as a “state bitcoin reserve,” is modest: It permits — but does not require — the state treasurer to invest up to 5% of state assets in bitcoin and gold. But it’s just one part of a broader push by State House Republicans to make New Hampshire an attractive place for cryptocurrency investors and developers to set up shop, mine currencies, and settle legal disputes.“I...