Credit: PixabayBitcoin hit a new all-time high on Wednesday, fueled by rising investor confidence and optimism over U.S. cryptocurrency legislation. Analysts cited growing bipartisan support in Congress for clearer regulations, especially around digital assets and stablecoins, as a key driver.The push for regulatory clarity reassures investors and signals a step toward wider adoption and...
Credit: PixabayBitcoin's price plunged nearly 10 percent on Monday as escalating trade tensions and uncertainty over a proposed U.S. crypto reserve fund drove investors away from risk.Initially, Bitcoin and other digital assets surged after President Donald Trump floated the idea of creating a national cryptocurrency reserve. However, prices quickly tumbled as doubts emerged over...
Credit: Unsplash.A groundbreaking paper from the Illinois Institute of Technology researchers highlights that blockchain technology, investor sentiment, and economic stress levels are significant predictors of Bitcoin returns. The empirical evidence presented in the paper aims to provide valuable insights for investors, economists, and academics.Co-authored by Sang Baum "Solomon" Kang, associate professor of finance at...
Credit: Alesia Kozik/pexels.comThe Wharton School's Mauro Guillén, a professor of international management, responds to inquiries about the increased interest.Elon Musk energized the possibilities for Bitcoin stock earlier this month when he promised that Tesla, Inc. will soon accept payment for its electric vehicles in the much-discussed but little-known currency.Mauro Guillén, previously the head of...
We understand Elon Musk is a fan; however, what is all the fuss around, and when will the Bitcoin bubble burst?Comparable to the stock market, the cryptocurrency market is regularly subjected to extreme cost variations-- both upwards and downwards. Tesla recently buying $1.5 billion worth of Bitcoin is simply one example of how the...
