Bitcoin hit a record high above $94,000, boosted by reports that Donald Trump's Truth Social is in advanced talks to acquire crypto trading firm Bakkt in an all-stock deal. This, coupled with the debut of BlackRock's Bitcoin ETF options on Nasdaq, has driven renewed interest in the cryptocurrency.
Tony Sycamore, an analyst at IG, noted that Bitcoin’s surge is supported by “the Trump deal talk” and the enthusiasm surrounding new trading opportunities.
The cryptocurrency market has also benefited from optimism over a potentially more crypto-friendly regulatory environment under a Trump administration. Since the U.S. election on November 5, traders have bet on policies that could reinvigorate digital assets, pushing Bitcoin’s value past $94,000 in Asian trading hours after hitting $94,078 in the prior session.
The excitement has propelled the global cryptocurrency market to a record valuation of over $3 trillion, according to CoinGecko.
Chris Weston, head of research at Pepperstone, commented, “There is real underlying buying pressure for Bitcoin, and another kick higher should bring in a fresh chase from those who like to buy what’s strong.”
Emergency crews were deployed to the northeastern Ukrainian city of Okhtyrka on Monday morning after a residential high-rise was devastated by a Russi...
Nigerian authorities says they've rescued a 100 children after gunmen abducted 303 pupils and 12 teachers from a Catholic school in Papiri on 21 Novem...
Following a high-level meeting of the Communist Party leadership on Monday, state media confirmed that China will seek to insulate its economy from ex...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 8th of December, covering the latest developments you need to ...
Hong Kong's election on Sunday (7 December) saw a near-record-low turnout after the city's worst fire in nearly 80 years prompted anger against its Ch...
Bitcoin surged to a new all-time high as expectations grow for U.S. interest rate cuts and regulatory moves favouring crypto investment, boosting investor confidence in the sector.
Bitcoin hit a new all-time high on Monday morning, surpassing the $123,000 mark and gaining over 4% during the day.
The U.S. dollar strengthened and Bitcoin surged to a new record, as investors shrugged off fresh tariff threats from President Donald Trump.
Bitcoin and other cryptocurrencies regained value following a ceasefire between Israel and Iran, bouncing back after steep losses during the 12-day conflict.
A coup attempt by a “small group of soldiers” has been foiled in Benin after hours of gunfire struck parts of the economic capital Cotonou, officials said on Sunday.
A delayed local vote in the rural Honduran town of San Antonio de Flores has become a pivotal moment in the country’s tightest presidential contest, with both campaigns watching its results as counting stretches into a second week.
FIFA releases the 2026 World Cup schedule with match dates, venues, and key fixtures. See when host nations USA, Mexico, and Canada play and get an overview of group stage and knockout rounds.
Lava fountains shot from Hawaii’s Kīlauea volcano from dawn to dusk on Saturday, with new footage showing intensifying activity at the north vent.
McLaren’s Lando Norris became Formula One world champion for the first time in Abu Dhabi, edging Max Verstappen to the title by just two points after a tense season finale.
U.S. industrial production rose by 0.1% in September, rebounding after a decline in August, while capacity utilisation remained unchanged, according to Federal Reserve data on Wednesday.
Google’s YouTube has announced a “disappointing update” for millions of Australian users and creators, confirming it will comply with the country’s world-first ban on social media access for under-16s by locking affected users out of their accounts within days.
President of Turkmenistan Serdar Berdimuhamedow has signed the “On Virtual Assets” law, which will officially legalise cryptocurrency mining and exchange activities in the country from 1 January 2026.
European Union ministers will urge senior U.S. trade officials to implement more elements of the July EU–U.S. trade deal on Monday, including cutting tariffs on EU steel and lifting duties on goods such as wine and spirits.
Google has announced a major update for its Pixel 10 series: owners can now send and receive files with Apple devices using AirDrop, without any collaboration from Apple. The new functionality applies to iPhones, iPads, and macOS devices, though for now it is limited to the Pixel 10 line.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment