Bitcoin surpassed $106K early on Monday morning after President Donald Trump announced a potential dividend payment from income accrued via tariff collection. The U.S. Senate also voted to end the federal government shutdown, a return to normalcy after the largest such event. Bitcoin Crosses $105K Milestone: Trump Tariff Dividend and Government Shutdown Ending Bitcoin is
Earlier this Monday, the price of Bitcoin, the leading cryptocurrency, surged above the $106,000 level, reaching an intraday peak of $106,437, according to CoinGecko data. The price uptick has coincided with the US Senate voting to advance a deal that would end the longest-ever government shutdown, which has been going on for a total of
Bitcoin has shown notable resilience in recent days, avoiding a break below the crucial $100,000 support level despite heavy market volatility. The crypto king’s ability to maintain its position despite pressure signals underlying strength. What many perceive as a bearish phase has instead revealed strong structural support within the market. Bitcoin Is Doing Better Than
The crypto market is walking into a crowded macro week where policy headlines and liquidity shifts will matter more than chart patterns. Traders are watching President Donald Trump’s $2,000 tariff dividend pledge, a 41-day U.S. government shutdown that still needs a final Senate clearing vote, and a series of Federal Reserve appearances that could explain
Multiple US economic events are on the calendar this week, and could either hinder the Bitcoin price’s path to $110,000 or be the tailwinds that drive it further north. The influence of US economic signals on Bitcoin and crypto remains significant in 2025, with associated sentiment becoming a critical factor in short-term price action. US
Korea Investment Management’s ACE U.S. AI Tech Core Industry Active Exchange-Traded Fund (ETF), which launched on October 28, is seeing a surge in demand. On-chain data showed that the ETF recorded individual net purchases of 28 billion Korean won on its establishment day. The ACE U.S. AI Tech Core Industry Active ETF also surpassed cumulative
Long-term Bitcoin holders could be selling their holdings to shift into exchange-traded funds (ETFs) and to diversify their crypto portfolios, says Dr. Martin Hiesboeck, the head of research at cloud-based financial service platform Uphold. “There are several reasons why OG crypto holders are selling,” Hiesboeck said on Sunday. “Number one is to buy them back
The cryptocurrency market roared back to life on Monday, adding roughly $170 billion in value within 24 hours as renewed optimism flooded global markets. At press time, the total crypto market capitalization stood at $3.58 trillion, up from $3.41 trillion the previous day, according to CoinMarketCap data. Bitcoin (BTC) led the rebound, rising 4.66% to
Saudi Arabia’s government is preparing to introduce stablecoins under national regulation, drawing praise from global crypto exchanges that see the Kingdom’s move as a milestone for digital finance. Saudi Arabia Eyes Stablecoin Launch According to a report from Alarabiya.net, the official website of the Saudi-owned international news channel Al Arabiya, the Minister of Municipal, Rural
Bitcoin BTC$106,114.20 exchange-traded funds (ETFs) just saw their third-largest weekly outflow on record, even as Wall Street deepens its crypto bets. More than $1.2 billion exited spot Bitcoin funds last week, joined by $508 million from Ethereum products, while Solana ETFs drew $137 million in new money, according to data curated by SoSoValue. The outflows