Decoding Bitcoin, Ethereum, And Dogecoin Pullbacks: A Technical Analysis
Bitcoin (CRYPTO: BTC) accelerated its decent during Friday’s 24-hour trading session, falling over 8% lower at one point before bulls came in and bought the dip at the 21-day exponential moving average (EMA), causing the crypto to bounce up slightly…
Prosecutors urge 40-50 years for crypto fraudster Bankman-Fried
New York (AFP) – US prosecutors have requested that a court sentence disgraced crypto mogul Sam Bankman-Fried to between 40 and 50 years imprisonment for massive fraud that cost customers $8 billion, court documents showed Friday. The founder and CEO…
Vanguard CEO Tim Buckley Says “Bitcoin Is Too Volatile And It’s Not A Store Of Value” — Asks If It Belongs In A Long Term Portfolio
In January 2024, the Securities and Exchange Commission (SEC) approved several spot Bitcoin exchange-traded funds (ETFs) for trading in a landmark ruling. The ETFs have been the most successful launch in history, amassing over $10 billion in net inflows since…
Why Vanguard Rejects Bitcoin ETFs: Is It Too Volatile For Your Retirement?
Vanguard Chairman and CEO Tim Buckley and Chief Investment Officer Greg Davis on Friday reiterated their company’s position on Bitcoin exchange-traded funds (ETFs), emphasizing their long-held view that Bitcoin (CRYPTO: BTC) is a speculative asset and does not belong in…
Bitcoin’s fall to $67K fueled $200M liquidations – What next for holders?
BTC stumbles below $70,000. Liquidation crosses $100 million. Bitcoin [BTC] surged past the $73,000 price level, fueling anticipation of a potential new all-time high (ATH). However, the price dropped below the $70,000 mark, triggering a significant volume of liquidations. Bitcoin falls…
VanEck CEO Waives Fees On Bitcoin Trust HODL For The First $1.5 Billion — Says ‘We’re Right In The Middle’ Of The Bitcoin Cycle
When the spot exchange-traded funds (ETFs) were set for release in early 2024, the main metric many looked at to differentiate the many options was the expense ratio or the amount of fees charged by the ETF sponsor. For some,…
Inflation Rattles Markets Ahead Of Fed Meeting; AI Stocks, Crypto Pause As Gold, Oil Advance: This Week In The Markets
Inflation reports unveiled in the week preceding the Fed meeting brought an unwelcome news to investors. Prices pressures surged more than expected in February, creating a headache for Federal Reserve Chair Jerome Powell, who had been pushing for greater confidence…
Will Bitcoin Reach $1M? Crypto Veteran Samson Mow Predicts ‘Very Soon’
Samson Mow, a prominent figure in the cryptocurrency industry, has predicted that Bitcoin (CRYPTO: BTC) will soon hit $1 million. What Happened: Mow, a seasoned figure in the cryptocurrency industry and the CEO of JAN3, has projected that Bitcoin’s price…
How MicroStrategy’s Bitcoin strategy paid off this bull run
MicroStrategy, led by Michael Saylor, is making big waves in the stock market. Renowned for its fervent embrace of Bitcoin [BTC], the company has witnessed an astonishing surge in its shares, with values tripling in the current year alone. This meteoric…
Warning Sign On Bitcoin’s Chart: ‘Rising Wedge’ Points To Potential Pullback
Amid a period of record-breaking highs, Bitcoin’s (CRYPTO: BTC) technical analysis indicates a possible downturn. A classic bearish configuration on the cryptocurrency’s price chart has caught the attention of market analysts, hinting at a potential reversal of the recent bullish…