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The current state of the bitcoin market, which has failed to maintain its upward trend despite recent announcements from many companies adopting it as a reserve asset, has prompted concerns about the existence of paper bitcoin in the hands of custodians. Paper Bitcoin Woes Arise Due to Lack of Price Action The concept of paper … Read more
Willy Woo, a bitcoin analyst, has given an exceedingly bullish prediction for the price of bitcoin. Woo stated that due to bitcoin’s traits, its market cap has the potential to reach and even surpass global GDP figures in the next two decades. Willy Woo Predicts Bitcoin Market Cap to Exceed Global GDP While individual investors … Read more
The cryptocurrency’s price rose past $106K on Tuesday morning, as both stock and crypto markets saw positive gains. Stocks Climb, Bitcoin Follows Bitcoin resumed its upward trend on Tuesday, climbing as high as $106,813.58 as stocks and the broader crypto market posted similar gains. Tech stocks led the rally for the S&P 500 and positive … Read more
The leading digital asset has tumbled from its recent all-time high, even as retail and institutional investment reach record levels. Record Crowds at Bitcoin Event, But Price Remains Stuck Below $105K More than 35,000 of the Bitcoin faithful flocked to Sin City and packed the Venetian Resort in record numbers last week. But on the … Read more
The cryptocurrency pulled back in early morning trading on Friday after hitting a new all-time high on Thursday afternoon. BTC Dips Below $109K as Trump’s 50% EU Tariff Sparks Market Jitters The so-called “Trump effect” was on full display Friday morning when President Donald Trump announced a 50% tariff on all European Union (EU) goods … Read more
The cryptocurrency has entered uncharted territory, but a Standard Chartered Bank digital assets researcher says this is exactly what he predicted. BTC Breaches $112K; Is $120K the Next Stop? Bitcoin surged to an all-time peak of $112K on Bitstamp this afternoon and has been hovering around $111.7K as it gradually advances to the $120K target … Read more
The cryptocurrency climbed to $109,767.52, its highest price ever, even as traditional markets cooled due to concerns over sovereign debt. BTC Soars to Record High Amid Stock Market Slump and Rising Yields As the U.S. grapples with record levels of unwieldy debt, rising bond yields, and a choppy stock market, bitcoin ( BTC) has quietly … Read more
Research by Standard Chartered Bank shows a wider range of institutions are purchasing bitcoin proxies for their investment portfolios. Bitcoin Eyes $106K Support Level As Big Money Flows In London-based Standard Chartered Bank published research on Tuesday showing that bitcoin ( BTC) has piqued the interest of an increasingly diverse group of institutions, according to … Read more
Moody’s is now the third credit rating agency to downgrade the country’s debt after Standard & Poor’s in 2011 and Fitch in 2023. Moody’s U.S. Rating Cut Sends Bitcoin Back Above $105K The U.S. lost its perfect credit rating on Friday after rating agency Moody’s downgraded U.S. debt from “Aaa” to “Aa1,” citing concerns about … Read more
U.S. Treasury Secretary Scott Bessent met with China’s Vice Premier He Lifeng in a series of high-stakes trade meetings in Geneva, Switzerland over the weekend. BTC Heats up Then Cools After Brief China Trade Deal Boost The world’s two largest economies managed to hash out a successful trade deal after a series of crucial meetings … Read more
