Bitcoin hit an all-time high after the advancement of stablecoin legislation in the US stoked hopes of regulatory clarity under President Donald Trump. The largest cryptocurrency climbed as much as 2.6% to a record $109,730, breaching a previous high set at roughly the time of Trump’s inauguration on January 20. Smaller tokens such as Ether…

Key Takeaways The price of bitcoin soared to an all-time high of nearly $110,000 on Wednesday, surpassing its previous record touched right before President Donald Trump’s January inauguration. Cryptocurrency has become increasingly mainstream this year as Congress has made progress on crypto legislation and traditional financial giants have embraced digital assets. About $6.5 billion has…

Bitcoin is inching closer to its all-time high price as it reached $108,050 early on Wednesday, as per a report. While it slightly pulled back, Bitcoin remained up 0.72% in the past 24 hours, settling at $106,145 at press time, reported U.Today report. According to the report, analysts are optimistic, with some predicting a significant…

May 21 (UPI) — Bitcoin initially rose to $109,857 in value during trading Wednesday morning as trade war tensions eased between the United States and China and a recent U.S. credit downgrade. “Bitcoin’s new high has been concocted by an array of favorable ingredients in the macro cauldron,” Nexo crypto exchange co-founder Antoni Trenchev told…

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Bitcoin notched a new all-time high of $109,000 on Wednesday, but that’s small consolation for bitcoin miners, who last month were forced to cash in a record number of their BTC reserves, according to mining news outlet TheMinerMag. The firm’s latest research report reveals that public miners sold 115% of their bitcoin production in April…

In brief Bitcoin hit a new high price above $109,000 on Wednesday. But Dogecoin has risen more than Bitcoin over a 24-hour period. Other meme coins are also up significantly, including Fartcoin and Donald Trump’s official token. Bitcoin may have just hit a new all-time high, but O.G. meme coin Dogecoin—or DOGE—is making bigger gains.…

Bitcoin doesn’t support staking natively, but firms like Strategy and KULR have announced their yields from BTC holdings in their treasuries. BTC holders can boost their income through staking on centralized or decentralized platforms and by DeFi lending. A recent report from 10x Research reveals that some of Bitcoin’s largest holders are distributing their BTC,…

Bitcoin has reached a record high amid optimism about cryptocurrency regulation in the US. Bloomberg writes about this. The cryptocurrency rose 2.6% to a record high of $109 730, surpassing the previous high set around the time of Trumpʼs inauguration on January 20. Other cryptocurrencies such as Ether and XRP also rose in price. Bitcoin…

Texas has passed Senate Bill 21, a measure establishing the Texas Strategic Bitcoin Reserve. This makes Texas the third U.S. state to adopt Bitcoin as part of its state investment strategy, following Arizona and New Hampshire. The bill, officially titled the “Texas Strategic Bitcoin Reserve and Investment Act”, has cleared both legislative chambers and now…