Bitcoin

A man who invested $5 (about €4) in Bitcoin every day for a year has accumulated 0.0224 BTC, now worth €1,670. The article explores the strategy of dollar-cost averaging (DCA) and its potential long-term benefits.

European authorities, led by Europol, have shut down the Cryptomixer platform, seizing servers and €25 million in bitcoin. The service was used to launder over €1.3 billion in illicit funds since 2016.

A man who invested $5 (€4) in Bitcoin every day for a year has accumulated 0.0224 BTC, worth about €1,670. The article explores the strategy of dollar-cost averaging (DCA) and its long-term potential.

Goldman Sachs is acquiring Innovator Capital Management for approximately $2 billion, a move that brings a crypto-linked ETF under its management for the first time and adds $28 billion in assets under management to its ETF division.

Elon Musk predicts that AI and robots will make jobs and traditional money obsolete within 20 years, but believes Bitcoin and energy will become the new real currencies in a post-scarcity world.

In November, inflows into companies holding digital asset treasuries plummeted to a yearly low of $1.32 billion. Consequently, the stock prices of major players like Strategy (MSTR) and Metaplanet have suffered dramatic declines, with MSTR down over 60% from its July peak.

After a sharp correction, the crypto market rebounds with bitcoin leading the recovery. Analysts remain optimistic, with some predicting new all-time highs by January.

Bitcoin is trading in a narrow range amid heavy selling from long-term holders. Analyst Ali Martinez warns that a break below the $83,300 support level could trigger a steep decline to $66,900.

Bitcoin’s price plummeted from $90,000 to $85,000, liquidating $900 million in long positions, following renewed warnings from China about stablecoins and broader market uncertainty.

Fed Chair Jerome Powell’s recent speech offered no clues on monetary policy, disappointing markets. By focusing on historical inflation, Powell may have sent a subtle message about economic humility and the Fed’s independence, leaving crypto investors to navigate the resulting uncertainty.