The latest rebound of Bitcoin has shown a powerful base of long-term holders as ETF inflows and corporate treasury purchasing reshape the asset’s ownership structure, Bernstein mentioned in a research note on March 16. Bernstein mentioned Bitcoin surpassed gold and prominent equity indexes in the last week regardless of increased
The crypto market opened the day on a positive note, with green candles across major assets over the past day. While Bitcoin continued its steady upward momentum, climbing above the $72,000 level and was trading around $73,822 range at the time of writing, with 3.32% up in the last 24
Michael Saylor and Eric Trump defended Bitcoin after criticism from former UK Prime Minister Boris Johnson. Johnson wrote in a column that Bitcoin and other cryptocurrencies resemble “a giant Ponzi scheme.” He argued that the value of cryptocurrencies relies heavily on continuous demand from new investors entering markets. Johnson wrote,
Anthony Scaramucci predicted that Bitcoin could eventually reach $1.5 million per coin within the next fifteen years. The founder of SkyBridge Capital shared this outlook during an appearance on the PBD Podcast discussing Bitcoin’s long-term future. Scaramucci said Bitcoin remains his largest investment position and confirmed he recently increased his
The Bitcoin Policy Institute said it plans to review an upcoming proposal from the Federal Reserve that could affect how U.S. banks treat Bitcoin under international banking regulations. Fed Proposal to Public Comment Period According to policy observers, theFederal Reserve is expected to release a public proposal next week outlining
The link between Bitcoin (BTC) and gold has broken majorly due to the Iran conflict, as per the note to investors by JPMorgan. As geopolitical instability normally influences a unified bid for safe havens, the two assets are now shifting in opposite directions. This separation indicates a prominent shift in
John Thune, the leader of the U.S Senate majority, said that lawmakers may consider delaying the legislation on the crypto market structure until April. He said that the Senate Banking Committee may consider it later. Since lawmakers are currently busy working on other pressing issues. The proposed legislation, known as
The Wintermute said cryptocurrency miners must actively use their digital assets to survive tightening industry economics today. According to the firm, mining profitability is declining, causing miners to seek alternative revenue streams in the cryptocurrency markets. Mining companies invested in infrastructure in regions where they could source power at a
The newly released Skynet Crypto ATM Fraud Report reveals a sharp rise in cryptocurrency kiosk–related scams across the United States, exposing how organized criminal networks are increasingly exploiting crypto ATMs to extract funds from victims. According to the Skynet Crypto ATM Fraud Report, losses from these scams reached $333.5 million
Japanese cryptocurrency company Metaplanet has announced that it is launching a venture capital firm to help expand the Bitcoin ecosystem. The announcement was made through a document that was submitted to the Tokyo Stock Exchange on March eleven. The company has stated that it is launching a venture capital firm
