I am a bear on crypto and not a believer in the “bitcoin to $1 million this year” idea. Bitcoin could hit $1 million, for several reasons, but not in this cycle.
The data in question includes key US inflation markers such as the Consumer Price Index (CPI), Producer Price Index (PPI) and Personal Consumption Expenditures (PCE) Index, as well as regular employment figures. The next PCE release is due on Jan. 31, days after the Fed meets to decide on any changes to benchmark interest rates.
From Barcelona's bustling streets to France's rich art history and London's music scene, creators are using bitcoin as both a medium and a muse.
The launch of $Trump is a clear signal that the president is serious about leaning into American exceptionalism and driving that innovation on cryptocurrencies.
There’s no doubt about it, Bitcoin is back. The original cryptocurrency is priced well above $100,000, marking a gain of 160% over the past 12 months. Crypto enthusiasts are crowing that 2025 is a breakout year for digital currencies—thanks largely to President Donald Trump’s vociferous support.
Bitcoin wallet addresses holding $100 or more have surged by 25% year-on-year, nearing all-time highs, while the network's hashrate hits unprecedented security levels.
President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.S. cryptocurrency stockpile.
Bitcoin hit a new high as President Donald Trump made big moves after his inauguration—like freeing Silk Road founder Ross Ulbricht.
On the campaign trail, Trump pitched a national bitcoin stockpile, but it remains to be seen if he will fulfill this pledge.
If you want exposure to Bitcoin without having to spend more than $100,000 for one coin, there are other ways to invest. You can buy fractions of a Bitcoin on crypto exchanges or brokerage platforms, invest in a Bitcoin ETF or look to crypto-related stocks and ETFs.
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Ulbricht could already be sitting on millions in Bitcoin, according to Conor Grogan, a director at the San Francisco-based cryptocurrency exchange Coinbase. Grogan noted that around 430 BTC—worth approximately $47 million—awaits untouched in wallets possibly linked to Ulbricht. These wallets have been dormant for over 13 years, he said.