Will Bitcoin’s rally end within the next 100 days?
Some cryptocurrency bulls are now eyeing $100,000 as bitcoin’s next level, after the leading crypto asset on Friday briefly topped $70,000 for the first time in its history. Mark Connors, director of research at digital-asset manager 3iQ Corp, said he…
Here’s what’s going on with Bitcoin, Ethereum, and the S&P 500
Bitcoin increased by 10% and Ethereum rose by 14.7% in the past week. BTC and ETH were trending over the S&P 500 at press time. Bitcoin [BTC] and Ethereum [ETH] have displayed strong price performances in recent weeks, surpassing some previous all-time highs….
In bitcoin’s shadow, another cryptocurrency, Ether, stages its own rally
New York (AFP) – Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying its own meteoric rise. Launched in 2015, Ether, also known as Ethereum,…
Morgan Stanley’s Bid For Spot Bitcoin ETFs; Solana Faces Being Outshone by Rising AI Crypto
Renowned investment bank Morgan Stanley aims to add a spot Bitcoin ETF to its brokerage platform. The organization’s interest in offering Bitcoin (BTC) ETFs was sparked by the Securities and Exchange Commission’s (SEC) approval on January 10. Morgan Stanley is…
‘Maybe I Should Buy Some Bitcoin,’ Says Bill Ackman As He Weighs In On Energy-Guzzling Crypto Mining, MicroStrategy’s Saylor Says He Would Like To Discuss 1-On-1
Amid Bitcoin‘s (CRYPTO: BTC) rally, a post on X by hedge fund manager Bill Ackman on Saturday suggested he was thinking about purchasing the apex crypto, although the reason he gave did not sound positive for cryptocurrencies. What Happened: Ackman,…
The fate of Ethereum ETFs looks uncertain – Is this why?
The correlation between Ethereum spot and futures ETF was weaker than that of Bitcoin. SEC’s dubious stance on ETH’s status was causing anxiety among industry observers. The popularity of spot Bitcoin [BTC] ETFs has created a new paradigm for the crypto market,…
Bitcoin Merely Hundreds Away From All-Time High — Is Peter Brandt’s 2022 Prediction About To Come True?
Veteran trader Peter Brandt foresaw Bitcoin’s (CRYPTO: BTC) rise to new heights in 2022 when the apex cryptocurrency was valued at around $22,500. Responding to a conversation on X, formerly Twitter, Brandt agreed with a user’s perspective about Bitcoin’s future…
Peter Schiff Takes A Jab At Mark Cuban For Choosing Bitcoin Over Gold: ‘This Shark Is Swimming In The Wrong Tank’
Gold proponent Peter Schiff on Monday took a dig at entrepreneur Mark Cuban for preferring Bitcoin (CRYPTO: BTC) over gold. What Happened: On a day when gold prices soared to record highs, seeing a $33 climb during U.S. market hours,…
Former Trump Aide Says Biden’s Victory Will Be Good For Bitcoin And ‘For The Markets’
Anthony Scaramucci, Founder and Managing Partner of SkyBridge Capital on Monday discussed the potential impact of the upcoming 2024 U.S. presidential election on the cryptocurrency market, particularly focusing on Bitcoin (CRYPTO: BTC). What Happened: Scaramucci, who held a brief tenure…
Bitcoin To Hit $150K By Year-End, Says Fundstrat’s Tom Lee: ‘…A Beeline Back Towards Its Long-Term Trend Line’
In a recent development, Tom Lee, the head of research at Fundstrat, has made a bullish prediction for Bitcoin. What Happened: Lee shared his outlook for the future of Bitcoin on CNBC’s “Last Call.” He believes that Bitcoin’s price will…