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Bitcoin price hits $100K for first time in history

Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April's halving and Donald Trump's US election win.

The price of Bitcoin reached $100,000 for the first time in history, marking a milestone for the cryptocurrency market after a year of significant growth.

Bitcoin (BTC) hit the $100,000 price mark on Dec. 5, breaking a psychological level just weeks after reaching the $90,000 milestone on Nov. 12, according to TradingView.

Bitcoin also set a new all-time high of $103,679 around 30 minutes after surpassing the $100,000 mark.

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Reserve Bank of India expanding cross-border payments platform

According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country.

The Reserve Bank of India (RBI) is seeking to expand its cross-border payments platform — which will allow instant settlement — by adding new trading partners in the Asia and Middle East regions.

According to Bloomberg, India already has an agreement with neighboring Sri Lanka, Bhutan, and Nepal, with plans to add the United Arab Emirates (UAE) to its cross-border settlement program.

India is also exploring using central bank digital currencies (CBDCs) as the primary settlement mechanism within its cross-border payment solution.

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Macro Guru Lyn Alden Details Outlook for Next Year, Says 2025 Likely Won’t Be ‘Explosive’ for Liquidity

Macro Guru Lyn Alden Details Outlook for Next Year, Says 2025 Likely Won’t Be ‘Explosive’ for Liquidity

Macro guru Lyn Alden believes global liquidity will continue to rise in 2025 but it likely won’t be as explosive as the surges witnessed in previous years. In a new interview on the Less Noise More Signal YouTube channel, the analyst says she expects global liquidity – which has historically been correlated with risk assets […]

The post Macro Guru Lyn Alden Details Outlook for Next Year, Says 2025 Likely Won’t Be ‘Explosive’ for Liquidity appeared first on The Daily Hodl.

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Investor Brian Kelly Says January Could Be Month of Altcoin Breakouts – Here’s His Outlook

Investor Brian Kelly Says January Could Be Month of Altcoin Breakouts – Here’s His Outlook

Crypto investor Brian Kelly says that many altcoins could start surging next month, following Bitcoin’s (BTC) massive rally. In a new interview on CNBC’s Fast Money, the founder and CEO of digital asset investment firm BKCM says that he expects some altcoins to start rallying in January following a historic price pattern. “Generally what we’ve […]

The post Investor Brian Kelly Says January Could Be Month of Altcoin Breakouts – Here’s His Outlook appeared first on The Daily Hodl.

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Crypto All Set for Renewed Economic Expansion As Biggest TradFi Firms Eye Industry With Envy: Raoul Pal

Crypto All Set for Renewed Economic Expansion As Biggest TradFi Firms Eye Industry With Envy: Raoul Pal

Macro guru Raoul Pal says that crypto assets are set for a new bull market as traditional finance firms begin to move into the nascent sector. In a new thread, the former Goldman Sachs executive tells his one million followers on the social media platform X that the crypto sphere is set for a massive […]

The post Crypto All Set for Renewed Economic Expansion As Biggest TradFi Firms Eye Industry With Envy: Raoul Pal appeared first on The Daily Hodl.

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US Banking Industry Could Take Massive Hit To Stock Prices in Coming Months, Says Macro Guru Hugh Hendry

US Banking Industry Could Take Massive Hit To Stock Prices in Coming Months, Says Macro Guru Hugh Hendry

The US banking industry could see its stock prices plummet within the next 16 months, according to macro guru Hugh Hendry. In a new interview with Kitco News, the former chief investment officer of hedge fund Eclectica Asset Management says that US banking stocks could witness a deep devaluation if the economy goes through a […]

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Bad News Can’t Stop Bitcoin (BTC) Now, Says Popular Analyst – Here’s His Outlook

Bad News Can’t Stop Bitcoin (BTC) Now, Says Popular Analyst – Here’s His Outlook

A prominent crypto analyst says that less-than-favorable news cannot stop the strong momentum of Bitcoin (BTC). In a new video update, popular crypto trader Jason Pizzino tells his 284,000 YouTube subscribers that Bitcoin and the stock market appear to be shrugging off bad economic news. According to Pizzino, Bitcoin has kept its head above waters […]

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‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023

‘Oil Prices North of 0’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023Amid the dreary global economy, a number of market strategists and analysts believe oil will be the number one investment in 2023. While a barrel of oil is coasting along at prices between $80.12 and $85 per unit, Goldman Sachs analysts think oil will reach $110 per barrel for Brent oil, and strategists from Morgan […]

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Argentina to Launch ‘Fair Prices’ Program to Battle Raging Inflation Numbers

Argentina to Launch ‘Fair Prices’ Program to Battle Raging Inflation NumbersThe government of Argentina has begun to act in several directions to control the raging inflation numbers registered this year. Sergio Massa, minister of treasury, proposed a program called “Fair Prices,” to force retailers and producers to establish a fixed price on various products, to be maintained for up to 90 days. Argentina to Rely […]

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