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Category Archives: Coins
The Fed has decided to keep rates steady at 4.25-4.5% after holding its first meeting of 2025. The decision was unanimous. This is the first pause initiated by the Fed after three rate cuts in a row. As reported by U.Today, the decision was widely expected by market participants. Bitcoin is currently trading above $102,000 […]
Texas Lieutenant Governor Dan Patrick has listed the creation of a state-level Bitcoin reserve among the top legislative priorities for the current year. Notably, the initiative has received a very symbolic bill number (Senate Bill 21). This is a reference to Bitcoin’s maximum supply cap. Earlier today, Axios reported that the Lone Star State, which boasts a […]
The price of Bitcoin, the leading cryptocurrency, has managed to reclaim the $105,000 level despite the Federal Reserve’s hawkishness. As noted by cryptocurrency analytics firm Santiment, the market has not been phased by Jerome Powell and the Fed’s decision not to cut interest rates. The fact that Bitcoin is not fully mirroring the performance of tech […]
Tesla, the leading e-car manufacturer, has reported a $600 million profit stemming from its Bitcoin holdings in the fourth quarter of the year. This was possible due to the adoption of a new accounting guideline introduced by the Financial Accounting Standards Board (FASB) that makes it possible to report holdings at their current market value. The […]
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Christine Lagarde, the president of the European Central Bank (ECB), has stated that Bitcoin will not be part of the reserves of any of the 27 central banks that are part of the General Council. “I’m confident that Bitcoins will not enter the reserves of any of the central banks of the general council,” she said. […]
Geoff Kendrick, the head of digital asset research at Standard Chartered, has predicted that the price of Bitcoin could rocket to $130,000 within the next two months. In his recent note, Kendrick stated that he expected the flagship cryptocurrency to possibly start testing a new record high in the coming days. Bitcoin peaked at $108,786 […]
The board of the Czech National Bank (CNB) has approved a proposal to assess diversifying its assets with Bitcoin. The announcement says that the bank’s reserve management strategy has been leaning toward diversification over the past two years. After analyzing the proposal, the bank will decide whether or not it should have exposure to the flagship […]
Este artículo también está disponible en español. A recent report by crypto index fund management firm Bitwise outlines varying price projections for Solana (SOL) based on its adoption and scalability improvements. According to the report, the ‘bull case’ scenario could see SOL’s price soar to $6,636 by 2030. What Sets Solana Apart? Solana, currently the […]