On Saturday, March 25, Binance Co-Founder and CEO Changpeng Zhao (CZ) took to Twitter to share intriguing insights into the historical price performance of Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). CZ’s tweets highlighted the impressive growth of these cryptocurrencies over the years and shed light on their varying […]
Bitcoin is going to tap $1,000,000, but not as Balaji Srinivasan predicts, veteran Bitcoin crusader Matthew Kratter has asserted. On March 24, Kratter, founder of Bitcoin-focused investment firm Trader University highlighted Bitcoin in light of the ongoing US banking crisis, noting that the collapse of three major cryptocurrency banks earlier […]
If you’ve been around the crypto realm for a while, you’ve surely come across the term Bitcoin mining. While an appealing practice, there are some factors to consider before you go and buy your first mining rig, including how much Bitcoin you can mine in a day. Bitcoin mining, for […]
Bitcoin continued to trade sideways Friday, seesawing in the $28,000 zone after a strong uplift last week. At press time, the largest cryptocurrency by market capitalization was trading at $27,762, up 4.60% in the past seven days, according to data from CoinMarketCap. Ether also exhibited weak volatility and was trading […]
On Thursday (March 23), Galaxy Digital Founder and CEO Mike Novogratz called Bitcoin “a report card on monetary policy and financial stability” and said that — according to his firm’s research — “on a risk-adjusted basis, BTC is the best-performing asset of the year, outpacing growth stocks, banks, and major […]
Popular crypto veteran Arthur Hayes says it’s possible for Bitcoin to cross the $1 million threshold. Hayes believes that the Federal Reserve’s new Bank Term Funding Program will pump BTC massively. The $1 million projection became popular after former Coinbase executive Balaji Srinivasan made a public bet on the same. […]
Shares of pet health and wellness firm Petco Health and Wellness Company, Inc. (WOOF) are falling more than 11% Wednesday morning after reporting fourth-quarter results, that missed analysts’ view. Net income was $32.7 million or $0.12 per share in the fourth quarter, compared with $29.0 million or $0.11 per share […]
In November 2017, Tidjane Thiam, the then-CEO of Credit Suisse, referred to Bitcoin as a bubble, questioning the cryptocurrency’s long-term prospects. Fast forward to March 2023, and Credit Suisse finds itself in financial turmoil, necessitating an emergency rescue by UBS. In 2017, Thiam raised concerns about Bitcoin’s anonymity and the […]
Shares of Chinese electric vehicles maker XPeng Inc. (XPEV) are rising more than 12% Friday morning after reporting fourth-quarter loss that beat analysts’ view. Net loss attributable to ordinary shareholders of XPENG was RMB2.36 billion (US$0.34 billion) for the fourth quarter, compared with RMB1.29 billion for the same period last […]
A popular cryptocurrency analyst has suggested that the price of the flagship cryptocurrency Bitcoin ($BTC) could reach $1 million in the future, shortly after the cryptocurrency saw a rally that led its price to multi-month highs above $26,000. The rally led to speculation that the cryptocurrency’s bull run is in […]
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