Ark Invest: Bitcoin Bull Run ‘In The Early To Middle Stages’
Ark Invest, known for its bullish bets on disruptive innovation, says in a new report that Bitcoin‘s (CRYPTO: BTC) recent price consolidation does not signal a bear market, but rather a healthy correction within a bull run. What Happened: The…
Robert Kiyosaki Praises Cathie Wood’s Prediction That Bitcoin Will Hit $2.3 Million And Suggests ‘Living Dangerously’ And Buying More
Both Robert Kiyosaki and Cathie Wood are well known in the finance and investing community, although for largely different reasons. In the 1990s, Kiyosaki authored “Rich Dad Poor Dad,” a book about personal finance and building wealth. Wood is known…
Peter Schiff Predicts Bitcoin ETFs Will Lead To Its ‘Biggest Crash Ever’
Bitcoin’s (CRYPTO: BTC) ever-bearish commentator Peter Schiff commented on the crypto king, foreseeing its biggest crash and a potential MicroStrategy (NASDAQ:MSTR) bankruptcy. What Happened: In his latest appearance on Patrick Bet David’s podcast called “Valuetainment,” the economist explains how Bitcoin…
Robert Kiyosaki Says ‘No’ To Bitcoin ETFs: ‘Prefer To Stay As Far Away From Wall Street’s Financial Products As Possible’
Renowned author, Robert Kiyosaki, has expressed his disinterest in Bitcoin (CRYPTO: BTC) ETFs, favoring direct ownership of assets over Wall Street’s financial products. What Happened: On Thursday, Kiyosaki, the author of “Rich Dad Poor Dad,” took to Twitter to answer…
Fresh Bitcoin All-Time High Possible Pre-Halving If This Happens, Says Crypto Analyst
Crypto analyst, Michaël van de Poppe, predicts a potential new all-time high (ATH) for Bitcoin (CRYPTO: BTC) before the upcoming halving event, while altcoins face a tough time. What Happened: On Thursday, van de Poppe tweeted his analysis of the…
‘We’re High On’ Bitcoin, Says Ultra Rich Investment Club, Believing the Coin ‘Is a Corollary Almost to Gold’
Barbara Goodstein of the R360 Club advocated for Bitcoin (CRYPTO: BTC) as a top-tier investment for the club’s ultra-wealthy members. What Happened: On Thursday, Goodstein from the exclusive R360 Club, endorsed Bitcoin as a prime investment for the club’s affluent…
Will Bitcoin Hit $100K Sooner Than Expected, Thanks To Chinese Asset Managers And Hong Kong’s Major ETF Push?
Despite China’s firm ban on cryptocurrency trading, Hong Kong, closely tied to the mainland, could inadvertently play a pivotal role in Bitcoin‘s (CRYPTO: BTC) ascent to a much-awaited $100,000 price tag. The financial hub is on the brink of becoming…
Ex-Security Engineer Gets Three Years for First-Ever Smart Contract Hacking Conviction, Stole $12 Million in Crypto
Former security engineer Shakeeb Ahmed was sentenced to three years in prison on Friday after prosecutors said he hacked two decentralized crypto exchanges — stealing over $12 million worth of crypto in the process. The case involved the first-ever conviction…
Hong Kong to Approve Spot Bitcoin, Ether ETFs as Soon as Monday: Bloomberg
Hong Kong regulators could approve spot ETFs based on Bitcoin (CRYPTO: BTC) and ether as early as Monday, according to Bloomberg, which cited people familiar with the matter. Read the full story at The Block.
Venture Capital Guru Touts Work In Crypto As ‘One Of The Most Asymmetric Things For Your Career’
Jonathan Wu, investor at a new New York City-based preseed fund, went viral on X (formerly known as Twitter) with a thread about why “switching into crypto is one of the most asymmetric things you can do for your career.”…