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.”
Ongoing uncertainty surrounding US President Donald Trump's tariff strategy has driven Bitcoin's value below the $75,000 mark on Monday.
US President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, under the Treasury Department.
Bitcoin and ether, the two largest cryptocurrencies by market capitalization, plunged to multi-month lows on Tuesday amid a broad market sell-off and heightened uncertainty following last week's hack that siphoned $1.5 billion in ether from the crypto exchange Bybit.
Bitcoin fell below $100,000 on Monday, hitting an 11-day low as market caution spiked following the debut of a Chinese AI model that triggered a selloff in Western tech stocks.
Bitcoin surged 2.5% to $104,736 after Trump’s executive order on cryptocurrency, while Ethereum rose 4%. Market cap hit $2.07T amid regulatory and tech advancement plans.
Iran has slammed an Austrian intelligence report accusing it of pursuing a military nuclear program, calling the claims baseless and demanding an official explanation from Vienna.
U.S. President Donald Trump accused China of violating a key trade agreement on tariffs and minerals, warning of potential new actions amid rising tensions.
Kazakhstan plans to double container traffic on the Trans-Caspian route in three years, aiming to boost regional and transcontinental connectivity.
Pakistan's Prime Minister has warned that melting glaciers may intensify flooding, urging rich nations to fulfill climate finance pledges.
The U.S. State Department stated that it aims to prevent the misuse of American universities and protect U.S. research from exploitation by the Chinese government.
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Kyiv faced a large-scale Russian drone and missile assault overnight, with explosions and gunfire echoing throughout the city, forcing residents to shelter in subway stations.
Volkswagen is negotiating directly with the U.S. government to ease tariffs in exchange for deeper investment commitments.
Wall Street futures slipped as a surprise court ruling brought back most of Trump-era tariffs, shaking investor confidence heading into month-end.
Model Hailey Bieber is selling her skincare brand Rhode to e.l.f. Beauty in a deal worth up to $1 billion (£790 million), with plans for international expansion and continued viral success.
The European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan to Ofis Yem, a leading livestock feed producer in Türkiye, to support the company’s transition toward a green economy and the implementation of inclusive business practices.
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has invested $50 million in ADNOC Gas Pipeline Assets LLC (AGPA), a subsidiary of the Abu Dhabi National Oil Company (ADNOC), which manages the gas pipeline network in the United Arab Emirates.
Iran has slammed an Austrian intelligence report accusing it of pursuing a military nuclear program, calling the claims baseless and demanding an official explanation from Vienna.
U.S. President Donald Trump accused China of violating a key trade agreement on tariffs and minerals, warning of potential new actions amid rising tensions.
Kazakhstan plans to double container traffic on the Trans-Caspian route in three years, aiming to boost regional and transcontinental connectivity.
Pakistan's Prime Minister has warned that melting glaciers may intensify flooding, urging rich nations to fulfill climate finance pledges.
The U.S. State Department stated that it aims to prevent the misuse of American universities and protect U.S. research from exploitation by the Chinese government.
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