Crypto News

"5 Must-Know Risks Before You Buy Bitcoin in May" Key Points Bitcoin continues to prove that it's a superior asset. As of this writing, the world's oldest and most valuable cryptocurrency is up 3% in 2025. That might not seem like much, but it's better than the 6% decline of the S&P 500 index. Zoom out, and you might have to pick your jaw up from the floor. In the past five- and 10-year periods, Bitcoin has soared 1,000% and 40,210%, respectively. This remains a top-performing asset that is certainly on everyone's radar after about 16 years of existence. But it doesn't matter how bullish you might be on Bitcoin. This cryptocurrency undoubtedly has its fair share of risks to keep in mind. Here are five you need to know if you plan on...

At the Token2049 cryptocurrency conference in Dubai on April 30, Arthur Hayes, the co-founder of the crypto exchange BitMEX, made a bold prediction about the future of Bitcoin. "Don't worry," Hayes said, "Bitcoin is going to $1 million by 2028." He isn't the only big figure in crypto to make similar predictions, give or take a couple of years. Could Hayes be right? Let's break down the numbers here and assess how realistic it is for Bitcoin to go to $1 million in the next few years. Right now, Bitcoin is priced at around $96,000. Therefore, it would need to grow by 10.4 times to reach a price of $1 million per coin. For most assets, this would be impossible. Over the last five years, the coin's price rose by 949%. Let's look at this...

Zach Witkoff (left) announced the deal at a crypto conference, in which he appeared on stage with Eric Trump - Giuseppe Cacace/AFP The UAE is planning to spend $2bn (£1.5bn) on one of Donald Trump’s cryptocurrencies in a move that has triggered accusations of a conflict of interest. Emirati investment firm MGX, which is backed by Abu Dhabi’s sovereign wealth fund, said it planned to do a deal using a so-called stablecoin called USD1. The coin, which is meant to track the value of the US dollar, was developed by World Liberty Financial, a cryptocurrency venture that launched last autumn and is majority-owned by the Trump family. President Trump is listed as the venture’s “chief crypto advocate,” while his sons Eric, Donald Jnr, and...

Bitcoin (CRYPTO: BTC) has been picking up steam in recent weeks. It's back up to where it was around a few months ago, and it may not be long before it hits the $100,000 mark again -- the last time it breached that was in early February. It only needs to rise another 15% to hit a new all-time high. And after a recent bullish development, it may only be a matter of time before that happens. Crypto investors often look at charts to uncover signs that Bitcoin may be heading higher, and there could be a glaring one right now. The digital currency has been taking off again, and entering trading on Monday, it hit highs north of $95,000. That puts it back up to around the levels it was at in February, before concerns about tariffs and the...

(CoinDesk) Bitcoin (BTC) is trading above $97,000 during the Asian morning hours as the market breathes a sigh of relief that the U.S. and China are said to be working on a trade deal, even if the market is also skeptical that a deal will be reached this month. "The U.S. has proactively reached out to China through multiple channels, hoping to hold discussions on the tariff issue," China state media posted on social media. Dogecoin (DOGE) led gains among majors with a 4% rise in the past 24 hours. Cardano's ADA, XRP, ether (ETH), and BNB rose between 1-3%, with the broad-based CoinDesk 20 (CD20) rising 2.2%. Movement's MOVE extended losses to 21% as the company confirmed founder Rushi Manche had been suspended following a CoinDesk...

None **Key Takeaways** Bitcoin (BTCUSD) has surged to its highest point in more than two months, putting it back within reach of the psychological $100,000 level. The digital asset rallied Thursday after reports surfaced that investment bank Morgan Stanley is looking into adding spot cryptocurrency trading to its E*Trade platform sometime next year. Sentiment also received a boost after Strategy (MSTR), the world’s largest corporate holder of bitcoin, said it plans to acquire more bitcoin through a $21 billion equity offering. Bitcoin is up about 30% from its early-April low as investors have sought to diversify their portfolios amid uncertainty surrounding the Trump administration’s trade policies and their potential impact on the...

Last year on the campaign trail, Donald Trump promised to be a champion of the Bitcoin mining industry in the US. Yet as American crypto miners begin to release their first quarterly earnings reports since Trump returned to the White House, it’s clear the group is struggling. Seven of the eight biggest publicly traded miners that are based in the US are expected to post a loss when they report first-quarter results, according to analysts’ estimates compiled by Bloomberg. The financial struggles come even after Bitcoin reached a record above $109,000 in January, and its price in the quarter averaged about 75% higher than it was in the first quarter of 2024. Increased competition and tariffs weighed on the companies, which saw a...

"Bitcoin Legacy: Securing Your Block of Generational Wealth" Welcome back to Mind Over Money. I'm Kevin Cook, your field guide and storyteller for the fascinating arena of Behavioral Economics. In this episode, I sat down with a Wall Street veteran who now spends his days helping high-net-worth individuals, families, and business owners to secure their Bitcoin for optimal inheritance planning, loans, and legacy solutions. Trey Sellers has worked for Deloitte, Goldman Sachs, and MetLife where he specialized in technology consulting and back-office systems. At the investment bank Truist, he worked on the capital markets trading floor running risk analysis and P&L models for multi-asset institutional portfolios. Trey is now a Vice...

Bitcoin is fast approaching $100,000 once again, after reaching its highest level since late February, with investors’ appetite for risk being rekindled across financial markets. The original cryptocurrency has faced downward pressure in recent weeks as Donald Trump’s tariff policy prompts a steep rout in both the stock and digital-asset market. It had dropped as much as 30% after reaching a record high of about $109,000 on Jan. 20, the day Trump was inaugurated for a second time as US president. The largest token by market value climbed as much as 3.1% to $97,483, the highest since Feb. 21. Bitcoin last traded at $100,000 in Feb. 7. Many smaller tokens rallied even more on Thursday, with Dogecoin jumping 4.8% and Ether up 3.3%. The...

The panic that ensued following President Trump's Liberation Day tariff announcements continues to fade, with bitcoin (BTC) and major U.S. stock averages surging anew. Bitcoin at press time was trading just above $97,000 for the first time in nearly ten weeks, up 3.3% over the past 24 hours and ahead 14% since Liberation Day. With a 2% gain today, the Nasdaq is now higher by about 1% since then. Ahead 1% today, the S&P 500 has returned to its level just prior to that early April event. “You know there's a guy out there living a life of zen-like contemplation in a cabin somewhere, refusing to check the news, who assesses his portfolio on a monthly basis and has no reason to believe that anything happened in April,” Mike Bird, Wall...

A Texas congressman is asking the federal government to consider installing cryptocurrency ATMs in federal buildings as a way to help foster the pro-digital assets stance pushed by President Donald Trump. Representative Lance Gooden asked the chief of the General Services Administration — the agency that maintains the government's buildings and real estate — to look into putting the automated teller machines into those facilities as a "signal to the public that the government is embracing innovation in a secure and responsible manner," according to a Thursday letter. "Expanding accessibility to crypto ATMs within federal buildings aligns with President Trump’s vision of positioning the United States as a global leader in...

None Shares of Robinhood Markets (HOOD) declined Thursday following a report that Morgan Stanley (MS) is planning to add cryptocurrency trading to its E*Trade platform. Robinhood could face increased competition if big banks make a push into crypto trading. In addition, Robinhood said in its first-quarter earnings report Wednesday that its costs would be higher than first thought because of a recent acquisition, and warned of the potential impact of any Federal Reserve interest-rate cuts. The company sees full-year adjusted operating expenses and share-based compensation of $2.085 billion to $2.185 billion, compared to its earlier estimate of $2.0 billion to $2.1 billion. It explained that was because of anticipated costs related to...

None Banking giant Morgan Stanley is looking to bring cryptocurrency trading to clients through its E*Trade platform, according to a report Thursday. Citing people familiar with the matter, Bloomberg reported that discussions are ongoing within the bank about adding spot cryptocurrency trading. Executives are looking at introducing the service sometime in 2026, it said. The report said the bank is considering partnering with one or multiple established crypto firms as it looks into the best methods for adding trading to the platform. Bitcoin hit its highest level since late February earlier Thursday morning and recently was trading just below $97,000. Shares of Robinhood fell 4% while those of fellow trading platform Coinbase were...

Last year on the campaign trail, Donald Trump promised to be a champion of the Bitcoin mining industry in the US. Yet as American crypto miners begin to release their first quarterly earnings reports since Trump returned to the White House, it’s clear the group is struggling. Seven of the eight biggest publicly traded miners based in the US are expected to post a loss when they report first-quarter results, according to analysts’ estimates compiled by Bloomberg. The financial struggles come even after Bitcoin reached a record above $109,000 in January, and its price in the quarter averaged about 75% higher than it was in the first quarter of 2024. Increased competition and tariffs have weighed on the companies, leading to a...

Morgan Stanley is working on a plan to add cryptocurrency trading to its E*Trade platform, marking a significant move by a major US bank to help everyday customers buy into the asset class. Executives envision launching the service sometime next year, according to people familiar with the matter. The firm is considering partnering with established crypto firms to set up the mechanics for the brokerage’s clients to buy and sell popular tokens, including Bitcoin and Ether. Rival Charles Schwab Corp. aims to proceed as early as this year with a previously disclosed plan for crypto trading. These moves come amid a dramatic shift in US policy toward virtual assets. During his campaign, President Donald Trump promoted his own digital...

The cryptocurrency market suffered in the first quarter of 2025 and struggled to rebound in April. The crypto market has been taking a hit as part of the broader market slump. However, the final days of April saw cryptocurrencies staging a rebound, with Bitcoin (BTC) back in the race to surpass $100,000. Bitcoin price is still more than 10% lower than its all-time high attained in December 2024. However, experts believe that the cryptocurrency is on track to surpass $140,000 once global trade tensions ease and the Federal Reserve resumes its rate cuts. Given this situation, it would be ideal to buy the dip. We have selected four stocks, namely NVIDIA Corporation, Visa Inc., HIVE Blockchain Technologies Ltd., and Accenture plc. Each of...

This Company Just Bought $1.4 Billion of Bitcoin. Should You? Key Points Strategy (NASDAQ: MSTR) just bought more than $1.4 billion of Bitcoin on April 28 (CRYPTO: BTC), and it isn't the first time. With such a purchase, the company is sending an unambiguous signal that it thinks the coin's value is going to continue increasing. But that doesn't mean you should follow in Strategy's footsteps blindly. Let's evaluate its approach and its rationale so that you will know whether it makes sense to invest in Bitcoin too, or if it would be better to allocate your capital elsewhere. Your financial situation is surely quite different from Strategy's Strategy now holds about $52 billion of Bitcoin, which works out to roughly 2.6% of the...

Image source: Getty Images. Bitcoin Could Soar by 2,426% Over the Next 5 Years, According to Cathie Wood of Ark Invest Key Points When it comes to Bitcoin (CRYPTO: BTC) price forecasts, Cathie Wood of Ark Invest is predicting that Bitcoin will hit a price of $2.4 million by the year 2030. This prediction assumes Bitcoin will soar by 2,426% over the next five years. Ark Invest's Bitcoin Valuation Model Cathie Wood has been using a building block valuation model for Bitcoin, focusing on six key areas of growth. The new spot Bitcoin ETFs are the primary driver of Bitcoin price growth, as large institutional investors continue investing via these ETFs. Wood predicts Bitcoin could account for 6.5% of investment portfolios by 2030, up...

The crypto market remains in prolonged consolidation with the overall market cap approaching $3 trillion as analysts eye a possible bitcoin (BTC) breakout that could push the market higher. Bitcoin hovered near $95,00 on Thursday, while ether (ETH), BNB Chain’s BNB, and Solana’s SOL remained stagnant. XRP and Cardano’s ADA dropped 2%, while Dogecoin (DOGE) fell 3%. Spot bitcoin exchange-traded funds (ETFs) lost $56 million on Wednesday, breaking an eight-day streak that saw nearly $3 billion flow into these U.S.-listed products. Markets have been generally range-bound in the past week, setting the course for what could be an explosive move higher, some say. “Such long consolidations usually accumulate strength for further movement...

Dogecoin (DOGE) prices were little-changed after reports of carmaker Tesla searching for a new CEO to replace technocrat Elon Musk, which the company later refuted. DOGE prices wobbled between the 16-17 cents mark in the past 24 hours, in line with a flat market. Musk is a known dogecoin backer whose comments, or developments at his companies, tend to impact the memecoin’s prices. Tesla board members reached out about a month ago to several executive search firms to replace Musk, sparked by his heavy involvement with the Trump administration, per WSJ. The board members met Musk and asked him to acknowledge publicly that he would spend more time at Tesla. “This is absolutely false (and this was communicated to the media before the...