$150,000 Bitcoin Boom Expected In 2024, Says Hedge Fund Manager: ‘Bitcoin Is The King, It Is The Dominant Token’
In a recent interview, hedge fund manager Mark Yusko said he is optimistic about Bitcoin (CRYPTO: BTC), predicting it will surpass $150,000 this year, doubling its current value. Encouraging investors to diversify, Yusko suggests allocating 1% to 3% of their…
Is Bitcoin ‘Digital Gold?’ Peter Schiff Says ‘Perhaps It Never Will’ Make A New High Priced In Gold As Economist Shares Data That Undermines The Case
Economist Peter Schiff on Sunday shrugged off Bitcoin’s (CRYPTO: BTC) recent record run and took exception to its comparison with gold. What Happened: Sharing a chart on X showing Bitcoin’s value denominated in dollar, Schiff said, although the cryptocurrency made…
Bitcoin ETFs: Almost 3 months on, where do they stand?
Inflows for Bitcoin ETFs grew suggesting a rising interest showcased in BTC. Revenues generated by miners remained positive before the upcoming halving. Bitcoin[BTC] climbed past the $70,000 mark after staying stagnant at those levels for quite some time. However, recent interest…
Bitcoin wallet dormant for 12 years suddenly moves 500 BTC
According to on-chain data, a Satoshi era wallet has suddenly moved 500 BTC. The Bitcoin wallet last transacted when the BTC price hovered near $8. On-chain data shows a Bitcoin wallet that last transacted nearly 12 years ago has suddenly…
Kiyosaki questions Bitcoin’s legitimacy; this potential ‘Dogecoin Killer’ has ambitions to reach $500
Renowned investor Robert Kiyosaki, author of the mega-selling “Rich Dad Poor Dad,” has been a vocal advocate for Bitcoin for years. Recently, however, Kiyosaki’s stance seems to be wavering. While he still believes Bitcoin has potential as a hedge against…
Bitcoin Critic Peter Schiff Slams BTC ETF Recommendation Over Gold Assets Despite Record High For Precious Metal
Peter Schiff, a prominent critic of Bitcoin (CRYPTO: BTC), has expressed his views on the potential of gold outperforming Bitcoin in the upcoming month despite the lack of recommendations for gold ETFs on CNBC’s Fast Money. What Happened: On Tuesday,…
Telegram Block Averted For Now But Escalating Threat is Far From Over
For almost a quarter of a century a subset of internet activists have equated certain types of piracy mitigation measures to censorship and attacks on free speech. A sampling of opinions on this controversial topic would likely place sentiments like…
Bitcoin’s Historic Market Cycle Nearing End With The Halving Event? Expert Says Crypto Market To Undergo Major Changes
As Bitcoin’s (CRYPTO: BTC) value continues to climb, reaching unprecedented heights, the question arises whether the traditional four-year market cycle that has characterized its growth is nearing its conclusion. What Happened: Bitcoin’s traditional four-year market cycle may be disrupted by…
Here’s How Elon Musk Reacted After Sam Bankman-Fried Once Reached Out For ‘Blockchain Twitter’: ‘He Set Off My BS Detector’
Tech billionaire Elon Musk once dismissed Sam Bankman-Fried’s (SBF) attempt to set up a “Blockchain Twitter,” raising questions about the seriousness of SBF and wondering if he even had the money to do it in the first place. What Happened:…
‘Bitcoin a better investment than MicroStrategy’ – Is it really?
MSTR and Bitcoin prices dropped, signaling a broader market downturn. Kerrisdale Capital suggests BTC is a better investment than MicroStrategy stock. The market seems to have been on a lower end with major coins and stocks experiencing a downturn. Data…