bitcoin

Bitcoin set for US$200,000 target under Trump, but Singapore FIs still conservative - THE EDGE SINGAPORE

Investing strategies

Bitcoin set for US$200,000 target under Trump, but Singapore FIs still conservative

Donald Trump has turned from a critic of Bitcoin into its most powerful proponent

Cryptocurrency

BlackRock’s Bitcoin ETF posts record outflow after banner year

Investors yanked a net US$333 million ($456.15 million) from BlackRock’s iShares Bitcoin Trust ETF (IBIT) on Jan 2.

Investing ideas

How US$10,000 fared in 2024 across a range of standout investments

Here's what US$10,000 would have gotten you in 2024 if you had invested in cryptocurrency, the US stock market and more.
MicroStrategy buys US$209 mil of Bitcoin as purchases lessen - THE EDGE SINGAPORE

Cryptocurrency

MicroStrategy buys US$209 mil of Bitcoin as purchases lessen

MicroStrategy purchased 2,138 Bitcoin tokens at an average price of approximately US$97,837 from Dec 23 through Dec 29.

Cryptocurrency

Bitcoin rally fuelled by Trump loses steam as year draws to close

Smaller tokens like Ether and meme-crowd favorite Dogecoin also struggled for traction.

Cryptocurrency

Bitcoin rally fizzles as token’s record-breaking year winds down

Bitcoin is wavering even after MicroStrategy this week signalled the possibility of expanding its program of purchases of the token.

Cryptocurrency

Trump’s ‘made in USA’ Bitcoin is a promise impossible to keep

The president-elect’s vow to ensure that all remaining Bitcoin is “made in the USA” may prove to be one of the most challenging to keep.

US stocks

SkyBridge Capital founder Scaramucci says concern over MicroStrategy’s debt is overblown

“Could it get to US$18 trillion dollars” in market cap, Scaramucci said. “We believe that it could. Is it a direct line to US$18 trillion? No.”

Cryptocurrency

Bitcoin pullback deepens as US ETFs suffer record outflows

A group of US exchange-traded funds investing directly in Bitcoin snapped a 15-day streak of continuous inflows to post a record outflow of US$680 million on Thursday, US time.

Startups, Entrepreneurs, Digital economy

Cathie Wood predicts a wave of start-up M&A after Trump election

The 69-year-old investor also reiterated the best-case bull call on the biggest cryptocurrency she’s made previously, saying Bitcoin could go above US$1 million ($1.36 million) by 2030.
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