Best Bitcoin Markets with Madison: A Comprehensive Guide
If you’ve been keeping an eye on financial news this year, you’ve probably noticed that Bitcoin has been making some serious waves. In fact, the price of Bitcoin skyrocketed past US$100,000 for the first time ever. And there are a few reasons behind this major milestone.
One big factor was the launch of exchange-traded funds that made it easier for regular folks to invest in Bitcoin. Combine that with a favorable US election outcome for the cryptocurrency, and you have a recipe for success.
Here at Markets with Madison, we’ve been diving deep into the world of Bitcoin all year long. We’ve had the pleasure of chatting with some of the biggest advocates for the digital currency, like Michael Saylor and Cathie Wood.
When we sat down with MicroStrategy’s Michael Saylor in Washington DC, we got the inside scoop on his company’s strategy for adopting Bitcoin. MicroStrategy was holding a whopping US$45 billion worth of Bitcoin by December, and they just kept on acquiring more, even as the price continued to rise.
In our interviews, we’ve explored why Bitcoin has captured the attention of investors and what sets it apart from traditional assets. We’ve also delved into the intricacies of how Bitcoin is created and what makes it so unique.
Another highlight of the year was the halving event in the world of Bitcoin, where the rewards for mining the cryptocurrency are reduced. This event, which occurs every four years, historically has a positive impact on the price of Bitcoin. Cathie Wood from Ark Invest shared her insights on this event and the success of Bitcoin exchange-traded funds launched by her firm and others like BlackRock.
If you’re looking for more insights from top executives and experts on all things investing, be sure to tune in to Markets with Madison on the NZ Herald, YouTube, or wherever you listen to podcasts.
Just remember, the information we provide is meant to be general in nature and should not be taken as personalized financial advice. We always recommend seeking guidance from a qualified professional who can tailor their advice to your specific circumstances.
It’s been a wild ride for Bitcoin in 2024, and we can’t wait to see what the future holds for this digital phenomenon. Stay tuned for more updates and insights on all things markets and investments.
