financialnews

Bitcoin Nears $100,000 Milestone Amid Market Optimism

Bitcoin Nears $100,000 Milestone Amid Market Optimism

Currently, as of May 8, 2025, Bitcoin is hovering slightly under $100k. Needless to say, this has fueled great speculation about whether it can hold onto its recent rally. The digital asset is now trading at about $99,692 after a 24-hour gain of 2.7%. The recent rally of Bitcoin showcases...

Bitcoin Nears $100,000 as Crypto Market Cap Exceeds $3 Trillion

Bitcoin Nears $100,000 as Crypto Market Cap Exceeds $3 Trillion

Bitcoin has been steadily approaching that all-important psychological barrier of US$100,000, currently trading at US$98,616.56. The non-fungible token or NFT friendly cryptocurrency has risen 2.19% so far on the day. The global cryptocurrency market exceeded an all-time high combined market capitalisation of US$3.04 trillion. It’s already up 1.86% today alone!Bitcoin’s...

Bitcoin to $100K? Experts Weigh In on the Crypto Surge

Bitcoin to $100K? Experts Weigh In on the Crypto Surge

The world of cryptocurrency is the world that never sleeps, and Bitcoin, the king of crypto is once again causing a ruckus. The question on everyone's mind: Can Bitcoin realistically reach the coveted $100,000 mark? Officials and experts are weighing in, and the overall prognosis is a hopeful but precarious...

Bitcoin Nears $100K Is This Crypto Euphoria or a Sustainable Surge?

Bitcoin Nears $100K Is This Crypto Euphoria or a Sustainable Surge?

The air crackles with anticipation. Bitcoin’s back Bitcoin, that digital phoenix, is once again flirting with $100,000. Have we indeed stepped through the looking-glass into a new age of digital gold? Or are we just collectively going insane in a wave of crypto mania? I, for one, think a healthy...

BlackRock's $1.16B Bitcoin Buy: Is This a Trap?

BlackRock's $1.16B Bitcoin Buy: Is This a Trap?

A billion-dollar Bitcoin buy from BlackRock. Sounds impressive, right? Like the ultimate green light for crypto. But before you jump on the bandwagon, let's pump the brakes and ask a critical question: Is this too good to be true? Are we truly witnessing history, or are we being primed for...

Crypto Market Navigates Resistance as Bitcoin Eyes $100,000

Crypto Market Navigates Resistance as Bitcoin Eyes $100,000

The cryptocurrency market is alive with excitement and a healthy dose of news these days. Bitcoin is hovering just over the $94,000 level and has significant resistance as it continues to try to break through the $100,000 barrier. As the September expiration date nears, market activity is beginning to pick...

BlackRock's Bitcoin Bet: 3 Altcoins Set to Explode Next

BlackRock's Bitcoin Bet: 3 Altcoins Set to Explode Next

BlackRock’s $1.16 billion Bitcoin dive making headlines is bigger than Bitcoin. Whether or not you agree with this decision, it’s a tectonic shift signaling institutional acceptance of crypto as a legitimate asset class. Forget the slow trickle, we’re talking about a total floodgate opening. Perhaps the biggest beneficiary to this...

Bitcoin's $97,000 Wall: Is Fear Holding Us Back?

Bitcoin's $97,000 Wall: Is Fear Holding Us Back?

We're all watching Bitcoin, aren't we? Hovering around $94,000, maddeningly close to that psychological wallop of $100,000. There's this invisible wall at $97,000. Why can't we just punch through? Glassnode highlights the likely re-supply of Bitcoin that still sits on exchanges and is awaiting the eventual resale. I would argue...

BlackRock Buys Bitcoin: What's Next for Crypto Investors?

BlackRock Buys Bitcoin: What's Next for Crypto Investors?

BlackRock, for example, is an enormous behemoth in traditional finance, managing more than $10 trillion in assets. It’s made big strides into the Bitcoin market. It is another sign that institutional investors are starting to adopt cryptocurrency in a big way. More importantly, it opens up new avenues for retail...

Bitcoin Eyes $100,000 as Bullish Momentum Builds

Bitcoin Eyes $100,000 as Bullish Momentum Builds

Bitcoin price is still riding high on bullish momentum. It has moved well beyond the $95,000 threshold, raising the prospects of a move toward $100,000. Bulls are clearly on the offensive trying to defend price above this important threshold. If they try, they’ll almost certainly run into fierce resistance from...

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