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11h05 ▪ 3 min read ▪ by Evans S. For a few weeks now, Bitcoin has been rocking. A 22% drop since its historic peak of $109,000 in mid-January fuels doubts. Is this the end of a four-year cycle, deeply rooted in the DNA of the crypto market, or just a simple turbulence before a…
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Regarding Bitcoin’s potential decline, Schiff observed that with the Nasdaq already showing a 12% decrease. Will Bitcoin crash to $20,000 if Nasdaq enters a bear phase? Peter Schiff, a seasoned investor and Bitcoin critic has said that world’s largest cryptocurrency, Bitcoin, may be in for a poor show if the Nasdaq gets into bear territory.Cryptocurrency…
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The Bank of Korea has ruled out the inclusion of Bitcoin in its foreign exchange reserves, citing concerns over the crypto’s price volatility. In response to a March 16 inquiry from Representative Cha Gyu-geun of the National Assembly’s Planning and Finance Committee, the central bank pointed out the risks of Bitcoin’s price fluctuations, which can…
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Bitcoin (BTC) heads into FOMC week in a cautious mood, with multimonth lows still uncomfortably close. BTC price action preserves $80,000 support as upside liquidity looks ripe for the taking. The Fed is the center of attention with a decision due on interest rates and traders eagerly scanning Chair Jerome Powell for dovish signals. A…
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Photo-Illustration: Intelligencer; Photos: Getty If Satoshi Nakamoto, the pseudonymous inventor of Bitcoin, was who I believed him to be, he was not going to acknowledge it. He probably wouldn’t talk to me. And seeing him was going to mean sitting on a plane for 20 hours and driving another eight. But I needed to try…
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Bitcoin (BTC) started Monday in the red with a 2% drop over the past 24 hours, according to CoinDesk Indices data, leading to heaviness in the broader market as major tokens fell as much as 5%. BTC touched resistance at $84,000 on Sunday, making it a key level to cross for chances of a run…
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North Korea, helped by the infamous hacking syndicate Lazarus Group, has quietly become one of the biggest holders of Bitcoin BTC/USD. What Happened: The attacker possessed around 13,518 BTCs as of this writing, worth $1.16 billion, according to on-chain analytics platform Arkham. The stash was worth more than twice the amount held by El Salvador,…
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A crypto strategist known for accurately calling Bitcoin’s pre-halving correction last year says BTC may abruptly end its correction if a technical setup plays out. Pseudonymous analyst Rekt Capital tells his 542,500 followers on the social media platform X that Bitcoin’s relative strength index (RSI) indicator is flashing a bullish divergence on the daily chart.…
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The Bank of Korea, the central bank of South Korea, has never considered the idea of diversifying its reserves with the help of Bitcoin, according to a report by Korea Economic TV. It has stated that Bitcoin does not meet the standards for inclusion in the reserves, with volatility being one of the main concerns. Related…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a segment, Fox News contributor Lara Trump —wife of Eric Trump, son of US President Donald Trump—interviewed Michael Saylor on the increasingly pivotal role of Bitcoin in the global financial landscape. Often hailed as a “Bitcoin evangelist,” Saylor recounted his initial…