Why Bitcoin investors haven’t given up despite BTC crossing $72K
BTC surged briefly to the $72,000 price range. The volume of accumulation has grown recently. Bitcoin [BTC] recently experienced a surge that propelled it beyond its previous all-time highs, setting the stage for potential new records. Amidst these substantial price increases,…
Bitcoin To Hit $150K? Analysts Bank On Record Rally To Predict Target For 2025
As Bitcoin (CRYPTO: BTC) continues its upward trajectory, Bernstein analysts have doubled down on their prediction that the cryptocurrency will reach a staggering $150,000 by 2025, following a recent price surge that saw it hit new highs. What Happened: Bernstein…
Is Bitcoin Overcooked After Hitting $72K? Market Analyst Says ‘Don’t Think So’ In Contrast With Chip Stocks
Market analyst and founder of Inside Edge Capital founder, Todd Gordon, shared his insights on Bitcoin’s performance compared to tech stocks, particularly semiconductor stocks. What Happened: During a segment on CNBC’s “Last Call,” when asked if Bitcoin was overcooked, Gordon…
Will President Biden’s budget proposal close crypto tax loopholes?
U.S. President Joe Biden’s proposed budget, set to be unveiled Thursday, will include a provision to close tax loss harvesting on crypto transactions. A White House official confirmed the budget will include a tax provision intended to reduce wash sales…
Michael Saylor buys Bitcoin again: How will this help BTC?
MicroStrategy (MSTR) has purchased 12,000 more bitcoin (BTC), mostly funded by the $782 million raised from its recent convertible deft offering. The software firm, founded by staunch bitcoin advocate Michael Saylor, now holds 205,000 BTC worth around $14.7 billion. MicroStrategy…
Staggering $47M Stolen In Crypto By Bitcoin, Dogecoin And Shiba Inu Phishers In February, Targeting 57K Victims On Elon Musk’s X
In February, crypto phishers managed to steal a staggering $47 million, primarily through fake accounts on Elon Musk‘s social media platform X. These scams, related to Bitcoin, Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and other cryptocurrencies, resulted in over…
As Bitcoin Peaks Over $72K, 1,500 ‘Millionaire Wallets’ Crop Up Each Day, Report Reveals
Bitcoin’s (CRYPTO: BTC) value seems to be generating roughly 1,500 new “millionaire wallets” each day, reports Kaiko Research, a firm specializing in cryptocurrency analytics. What Happened: These millionaire wallets refer to Bitcoin blockchain addresses where users keep their cryptocurrency. Since…
Is The Tesla-Bitcoin Bromance Over? Morgan Stanley Analyst Sees Correlation Plummeting After EV Giant’s Earnings Miss
Morgan Stanley analyst and Tesla (NASDAQ:TSLA) bull Adam Jonas on Monday noted that the positive correlation between Bitcoin (CRYPTO: BTC) and Tesla shares has been falling to pieces since around the EV company’s third-quarter results. What Happened: Both Bitcoin and…
Crypto Scam URLs Are Using Anant Ambani’s Photos To Dupe People
By Anmol Alphonso A photo of Anant Ambani from news interview is being shared on Facebook by a scam page, with a clickbait headline claiming he made scandalous and controversial remarks that were caught on camera. The post when clicked…
It’s now up to the City and the regulator to keep a close eye on crypto mania
By Andy Silvester Much like watching somebody stand too close to the edge of a rooftop can bring on the heebie-jeebies, the City’s institutions giving a guarded welcome to more crypto-backed vehicles can also leave an observer a little nervy….