Ark Invest CEO Cathie Wood Says Bitcoin Will Continue To Draw Investors From Gold: ‘There’s Now A Substitution’
ARK Invest’s CEO Cathie Wood spoke about the growing trend of investors moving from gold to Bitcoin (CRYPTO: BTC). What Happened: She suggested that this shift, or “substitution,†is likely to persist, especially with easier access to Bitcoin (CRYPTO: BTC)…
Arthur Hayes Bets $1M on Bitcoin Price Boom With NYCB’s Bankruptcy on the Horizon
The post Arthur Hayes Bets $1M on Bitcoin Price Boom With NYCB’s Bankruptcy on the Horizon appeared first on Coinpedia Fintech News It seems like a huge shift is underway in the financial world, sparked by a bold prediction from…
OKX Faces Heat from South Korea Over Unregistered “Illegal†Activity
The post OKX Faces Heat from South Korea Over Unregistered “Illegal†Activity appeared first on Coinpedia Fintech News South Korea is currently investigating OKX, a major global cryptocurrency exchange, for operating without proper registration in the country. This probe is…
Bitcoin Price Faces Extreme Compression: Here’s What May Be Expected from the BTC Price Rally?
The post Bitcoin Price Faces Extreme Compression: Here’s What May Be Expected from the BTC Price Rally? appeared first on Coinpedia Fintech News Bitcoin continues with its sluggish trend as the price remains stuck within a range-bound level. The extreme…
MicroStrategy CEO Michael Saylor Doubles Down On Bitcoin, Calls For ‘Digital Transformation Of Capital’
MicroStrategy Inc. (NASDAQ: MSTR) co-founder Michael Saylor emphasized Bitcoin’s potential as an institutional asset class and store of value Bitcoin (CRYPTO: BTC) in a video published on Monday. “2024 is the year of birth of Bitcoin as an institutional-grade asset…
These catalysts could push Bitcoin, BitBot, and Ethereum high in 2024
Bitcoin, Ethereum, and other cryptocurrencies have entered a consolidation phase in the past few weeks as investors reflect on the recently approved spot ETFs. BTC has been stuck at $43,000 while most altcoins have pulled back by double digits. As…
Bitcoin Was ‘Terrible Inflation Hedge,’ Fed’s Neel Kashkari Says: ‘Has Anyone Bought Anything With It?’
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, recently questioned Bitcoin’s (CRYPTO: BTC) utility and viability. The digital asset, he says, lacks real-world use. “Has anybody… ever bought something using Bitcoin as a currency? A sandwich? A computer?…
Ark 21Shares Updates Ethereum ETF Proposal: Staking, Cash Creation On Table
Published by Benzinga Ark 21Shares has updated its application for a spot Ethereum (CRYPTO: ETH) ETF, introducing new sections on potential staking and adjustments similar to those in its Bitcoin (CRYPTO: BTC) ETF proposal regarding cash creation. What Happened: Scott…
What’s Going On With Plug Power Stock?
Published by Benzinga Plug Power, Inc. (NASDAQ:PLUG) shares are trading lower Thursday, and multiple analysts have updated their coverage of Plug Power stock. Here’s a look at what’s going on. The Details: UBS analyst Manav Gupta downgraded Plug Power stock…
Trump’s MAGA Coin Stash Is Up 50% In 2 Weeks, Fans Say It’s ‘Just Getting Warmed Up’
Published by Benzinga Donald Trump’s crypto wallet jumped 50% in value after a cryptocurrency named after his MAGA movement surged. What Happened: The so-called MAGA coinm, which trades under the ticker TRUMP, is leading the list of gainers in the…