Cryptocurrencies are trading below the flatline amidst negative sentiment triggered by the escalation in Middle East conflict and uncertainty over the Fed’s next course of action. Cryptocurrencies had recently rallied following reports of the SEC approving Bitcoin ETFs, which subsequently turned out to be false. Uncertainty regarding the Fed’s monetary […]

In a jaw-dropping turn of events, Bitcoin soared back above the $28,000 mark on Monday as investors price in the SEC’s potential approval of several pending spot Bitcoin ETF applications. The electrifying rally has sparked bullish calls for the pioneer cryptocurrency to meet or even exceed a $15-trillion market capitalization. […]

The less than expected cooling in inflation in the U.S. and the deflationary indications from China swayed sentiment across markets. Wall Street Futures are trading with losses. European benchmarks are trading on a negative note. Asian stocks declined amidst disappointing data from China. The Dollar declined after a rebound on […]

Caroline Ellison, the former head of Sam Bankman-Fried’s crypto hedge fund Alameda Research and prosecutor’s star witness in the criminal fraud case against the disgraced FTX founder, claimed in court that there was a plot to manipulate the Bitcoin price by selling the crypto if it exceeded the $20,000 level. […]

Legendary investor Paul Tudor Jones has reaffirmed his affinity for the world’s largest and oldest cryptocurrency, Bitcoin, as geopolitical tensions and the likelihood of a recession increase. Israel-Palestine Conflict Makes Bitcoin A Good Bet During a Tuesday interview on CNBC’s Squawk Box, macro investor Paul Tudor Jones noted that the […]

A Bitcoin wallet that had been inactive for close to six years recently sprang into action, transferring a staggering 2,995 BTC, valued at around $82.3 million, to two newly established addresses. According to blockchain data, the wallet initially received 3,200 BTC on 7 May 2016 when Bitcoin’s spot price was […]

Recently, Merten warned his substantial following that Bitcoin could see a significant decline if the U.S. economy enters a recession. He attributes this potential fall to the Federal Reserve’s hawkish stance, which he believes could lead to a prolonged economic downturn in the United States. Nicholas Merten, a leading voice […]

Max Keiser, a well-known Bitcoin advocate and advisor to the president of El Salvador, has expressed an optimistic outlook for Bitcoin’s near-term trajectory. Responding to a recent CNBC article titled “Signs of Disruption Emerge in Financial Markets,” which discussed a significant shift in the financial landscape from expectations of enduring […]

In an interview with Tom Bilyeu, Arthur Hayes, co-founder and former CEO of BitMEX, shared an insightful analysis of the future dynamics he believes will shape the Bitcoin price. At the heart of Hayes’ argument is a complex interplay of global financial mechanisms. Bitcoin Price May Reach $750,000 Hayes began by […]

Kevin O’Leary, a well-known entrepreneur and TV personality from “Shark Tank,” spoke to CoinDesk on 3 October 2023 to share his skepticism about the readiness of major financial institutions to invest in Bitcoin. Contrary to popular belief, O’Leary stated that these institutions are not actually showing significant interest in the […]