A renowned economist and Bitcoin skeptic, Peter Schiff, has lately delivered a dire prognosis. Schiff has stated his opinion in a series of social media postings that the impending regulatory reforms, led by U.S SEC Chair Gary Gensler, might have a major influence on the feasibility and cost of doing
The global cryptocurrency market is currently gripped by uncertainty as Bitcoin (BTC) trades within a narrow range. A staggering 57% drop in global market trading volume over the last four days has contributed to the cautious feelings, leaving crypto enthusiasts on the edge, eagerly anticipating the next market trend. The
A recent X space hosted by Cathie Wood, the CEO of ARK Invest had technology luminary Elon Musk, the CEO of Tesla and SpaceX as one of the speakers. Musk, known for his outspokenness on various topics, provided insights into his perspective on the leading cryptocurrency, Bitcoin during the discussion
The newly issued iShares Bitcoin Trust ETF (IBIT) from financial behemoth BlackRock is being promoted in a subtle and unobtrusive manner, which is a departure from the norm. Some may find it dull, but experts in the field think it might be the key to luring the wealthy group. A
The famous investor Kevin O’Leary from the popular TV show “Shark Tank” has lately voiced his doubts on the merit of Bitcoin ETFs. The present craze around Bitcoin ETFs doesn’t appeal to O’Leary much, despite the fact that he is known as a long-term Bitcoin investor. Fees levied by ETF
In light of the increasing number of frauds utilizing Bitcoin, Michael Saylor, Chairman of MicroStrategy Incorporated, has delivered an emphatic caution to the crypto community. A twitter post made public by Saylor reveals that MicroStrategy and his fame are often used to defraud individuals. Also, according to the Chairman, whose
The U.S SEC’s approval of the Bitcoin ETF was a watershed decision. Having said that, Vanguard has maintained its firm position on not offering Bitcoin ETF trading. This action has been deemed “terrible” by Ark Invest founder Cathie Wood. Ark Invest CEO Cathie Wood has criticized Vanguard for their unwillingness
During times of national financial crisis, Robert Kiyosaki—world renowned author of “Rich Dad Poor Dad”—has recommended Bitcoin and other assets as a hedge. The well-known author has long advocated for investors to spread their investments, particularly in times of economic crisis. This time, he brought attention to the fact that
A dramatic fall in Bitcoin’s value occurred after the landmark launch of 11 Bitcoin ETFs in the U.S caused considerable volatility in the crypto market. Famous crypto critic and economist Peter Schiff is worried about Bitcoin’s future, especially for those who have invested in these new ETFs. Bitcoin’s value fell
Bitcoin is still under severe selling pressure after the approval of the Bitcoin ETF. Over the last several hours, the price of Bitcoin has fallen by 8%. Since the U.S. SEC authorized eleven spot Bitcoin ETFs on January 10, the price of Bitcoin (BTC) has been falling, which has surprised
