With global tensions on the rise and the Israel-Iran confrontation escalating once again, the price of Bitcoin is under heavy selling pressure and is falling below $62,000. The price of bitcoin has slightly rebounded since then and is now trading at roughly $64,058. Notably, Bitcoin naysayer Peter Schiff has forecasted
Analysts are optimistic about the prospects of three cryptocurrencies for 2024—Solana, Bitcoin, and Retik Finance. But are they worthy additions to your investment portfolio? Let’s delve into the analysis and considerations surrounding each of these digital assets. Solana (SOL) Solana (SOL) has garnered significant attention for its robust infrastructure, high
Custodia Bank CEO Caitlin Long discussed the ways in which the court’s ruling in the case involving the Federal Reserve is limiting technological innovation in a conversation with FOX Business correspondent Eleanor Terrett. The Custodia Bank has previously sought oversight from the Federal Reserve System of the United States. The
Bitcoin and Ethereum prices, among many others, fell sharply today on reports from the Israeli military that Iran had attacked the country with “dozens” of drones. Reports indicate that a cargo ship owned by an Israeli billionaire has been seized by Iranian officials, in addition to the airstrikes. President Joe
With little sign of reducing anytime soon, Grayscale Bitcoin ETF GBTC’s Bitcoin holdings are steadily dwindling. After the fund lost more than 2,500 Bitcoin on Friday, April 12, the withdrawals from GBTC soared beyond $166 million. Farside Investors reports that since the Bitcoin ETF debuted in January of this year,
The cryptocurrency market experienced a notable downturn over the past 24 hours, marking a stark departure from the bullish trajectory witnessed throughout much of 2024. Bitcoin (BTC), the largest cryptocurrency by market cap, plummeted to a low of $65,254, marking a considerable drop from its recent high of $70,952. Similarly,
Hong Kong could approve Bitcoin and Ethereum ETFs as soon as next Monday, which would be a huge deal for the crypto community. Bloomberg broke the news, and the crypto world is ecstatic, particularly in light of the phenomenal performance of Spot Bitcoin ETFs in the US. Furthermore, the report
As the much-anticipated Bitcoin halving event draws closer, the crypto community finds itself divided on its potential impact on the market. With just seven days remaining, Bitcoin’s price has shown little movement, prompting speculation and differing opinions. Over the past month, Bitcoin has experienced a modest 3% decline in value,
Finding profitable prospects in the realm of cryptocurrency investing necessitates having a forward-thinking mindset and a deep comprehension of market dynamics. The forecasts and analyses of seasoned experts carry a lot of weight for investors looking for direction and insight, frequently influencing investment strategies and choices. One such analyst, well
According to the most recent edition of Reuter’s Inside ETFs, the remarks made by Grayscale CEO Michael Sonnenshein about Bitcoin ETFs seem to have sent shockwaves across the cryptocurrency market throughout the world. On April 10, investor interest was piqued by Michael Sonnenshein’s statement that Grayscale Bitcoin Trust (GBTC) outflows
