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Peter Schiff argues that tokenized gold can fulfill the roles of a medium of exchange, unit of account and store of value—functions he claims bitcoin fails to deliver. The Safe Haven Debate Reignites Amid Market Volatility Outspoken bitcoin critic and gold advocate Peter Schiff has reiterated his belief that gold—not cryptocurrency—is the only asset that … Read more
Bitcoin’s options market is on fire — open interest has blasted to a new record as traders wrestle between euphoric calls and cautionary puts, all while BTC lounges around $110,614 per coin, according to Coinglass data. BTC Options Data Shows Record Leverage Total open interest (OI) in bitcoin options has climbed near $65 billion — … Read more
After Tuesday’s strong comeback, both bitcoin and ether ETFs stumbled again on Wednesday, Oct. 22. Investors pulled $101 million from bitcoin ETFs and nearly $19 million from ether funds, signaling a cautious mood in crypto markets. Bitcoin ETFs Slip With $101 Million Outflow; Ether Follows With $19 Million Exit Just a day after roaring back … Read more
On Thursday, the crypto economy added a little extra shine, climbing 1.81% to hit $3.71 trillion as bitcoin vaulted past the $111,000 mark. Over the last 24 hours, most of the top ten digital heavyweights by market cap have been showing green candles and good moods alike. Like the Little Engine That Could, Crypto Keeps … Read more
The figure also represents “the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic,” according to the Associated Press. U.S. Debt Tops $38 Trillion, Bitcoin Tops $110,000 The U.S. national debt broke $38 trillion on Wednesday after what the Associated Press reported as “the fastest accumulation of a trillion dollars in … Read more
Bitcoin’s price clocked in at a fiery $109,003 today, staking out a dominant market cap of $2.17 trillion. With a 24-hour trading volume punching in at $73.11 billion and intraday swings between $106,786 and $110,162, it’s clear the world’s most notorious digital asset isn’t interested in a nap. Bitcoin Chart Outlook If bitcoin had a … Read more
Arthur Hayes delivered a scathing critique of Japan’s stimulus while reaffirming his ultra-bullish $1 million bitcoin outlook, citing fiat instability, relentless yen weakness, inflation concerns, and rising confidence in decentralized financial systems. Arthur Hayes Blasts Japan’s Stimulus, Doubles Down on Bitcoin to $1 Million Call Arthur Hayes, co-founder of crypto exchange Bitmex and chief investment … Read more
In the past 24 hours, bitcoin has slipped 1.8% against the U.S. dollar, and the bears have been calling the shots for the last two weeks, dragging the top crypto down by 13%. During the slump, a long-silent stash of 262.43 BTC—valued at just over $28 million—stirred from its digital slumber. $28 Million in Bitcoin … Read more
After a sluggish start to the week, crypto ETFs roared back to life. Bitcoin ETFs led the charge with a $477 million inflow, while ether ETFs followed suit with $142 million, signaling returning investor confidence. Crypto ETFs Surge as Bitcoin and Ether Record Strong Inflows A sharp rebound in investor appetite sent crypto exchange-traded funds … Read more
The ominous prediction comes in the wake of yet another market slump that saw both bitcoin and stocks slipping into red territory. Analyst Warning: Standard Chartered Predicts Bitcoin Could Slip Below $100K A little over two weeks since bitcoin printed a fresh all-time high of $126K, analysts are already predicting a drop below six figures, … Read more
