The next big Bitcoin price move: Optimism is high, but is it justified?
While many believe Bitcoin may settle anywhere in the $63K–$75K range next, some are optimistic about even higher price action. Go to Source Powered by WPeMatico
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Renowned stock picker believes Bitcoin will eclipse gold’s $10T market cap
It seems $600,000 a coin is the minimum target for analysts over at Ark Invest, who believe Bitcoin will match and then surpass the market capitalization of gold. Go to Source Powered by WPeMatico
Bubble or a drop in the ocean? Putting Bitcoin’s $1 trillion milestone into perspective
Bitcoin is relatively small compared to stocks and real estate, and those holders might reinvest dividends in other assets. Go to Source Powered by WPeMatico
Latest episode of ‘the Falcon and the Winter Soldier’ involves massive Bitcoin bounty
Is it because of Bitcoin’s price, or simply the asset’s ever-increasing mainstream ubiquity? Possible spoilers ahead. Go to Source Powered by WPeMatico
Bitcoin surge could be driving digital yuan interest, says People’s Bank of China
The central bank says strong interest in its CBDC project is partly being driven by Bitcoin’s recent surge, despite cryptocurrency still being banned in China. Go to Source Powered by WPeMatico
Morgan Stanley adds Bitcoin exposure to 12 investment funds
Bitcoin exposure has been added to the end of “Other Securities and Investment Strategies” sections for a dozen investment funds. Go to Source Powered by WPeMatico
Total crypto market capitalization posts new all-time high above $1.9T
Total crypto market cap briefly surpassed that of Saudi Aramco. Go to Source Powered by WPeMatico
Bitcoin futures premium hits 30% but analyst says ‘This time it’s different’
Futures traders are using excessive leverage and historical data shows Bitcoin price crashes tend to occur after the futures premium reaches 30%. Go to Source Powered by WPeMatico
Bitcoin is outshining gold in the battle of the safe havens
Bitcoin is approaching all-time highs versus gold. The digital currency broke above $59,000 on Tuesday while gold languished below $1,700. Go to Source Powered by WPeMatico
CME Group set to launch Micro Bitcoin futures
The new futures contract will launch on May 3, 2021, pending regulatory approval. Go to Source Powered by WPeMatico