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Gold advocate and Bitcoin skeptic Peter Schiff took another jab at Michael Saylor, arguing that Bitcoin has been in a prolonged decline when measured against gold. “Gold is the apex predator that will eat Bitcoin,” Schiff said in an X post, tagging the MicroStrategy, now known as Strategy co-founder. He pointed out that while one…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A federal jury has convicted Rowland Marcus Andrade, the creator of AML Bitcoin, on charges of wire fraud and money laundering. The verdict was delivered after a five-week trial in a case that exposed false claims about the cryptocurrency and its supposed…
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Bitcoin, the leading cryptocurrency by market cap, has reclaimed the $85,000 level for the first time since March 9. It is currently changing hands at $84,422 on the Bitstamp exchange. The Friday price spike comes after the price a recent sentiment survey released by the University of Michigan showed the highest inflation expectations since 1993.…
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Sellers of risk assets are taking a breather on Friday, with crypto markets posting sizable gains along with U.S. stocks after a week of lame price action. Bitcoin topped $85,000 at one point during U.S. hours and is now trading at $84,400, up 4.7% over the past 24 hours. All cryptos in the CoinDesk 20…
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You know that Peter Schiff loves to make a statement about Bitcoin that sparks a debate, and today was no exception. The financial expert took to X to lay out a case that he says has been unfolding right under everyone’s nose: Bitcoin (BTC) has been in a bear market for years, but few have noticed…
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Yesterday evening, the Kentucky Senate unanimously passed a bill aimed at protecting Bitcoin self-custody rights and digital asset mining operations. With a decisive 37-0 vote, the legislation, titled AN ACT relating to blockchain digital assets (HB 701), now moves to the Governor’s desk for final approval. NEW: 🇺🇸 Kentucky Senate passes bill that will protect…
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REX Shares debuted an exchange-trade fund on Friday providing exposure to Strategy’s convertible bonds, a form of debt the ETF issuer said was hard to access for most investors. The REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) provides exposure to debt from three U.S. companies. However, REX said in a press release that the…
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Bitcoin (BTC) circled $83,000 at the March 14 Wall Street open as traders set out requirements to flip bullish. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price RSI teases key “bullish divergence” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining up to 5% on the day before consolidating. A characteristic lack of momentum at…
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REX Shares, an exchange-traded fund (ETF) provider with over $6 billion in assets under management (AUM), launched its Bitcoin (BTC) Corporate Treasury Convertible Bond (BMAX) ETF that invests in the convertible bonds of companies with a BTC corporate reserve strategy. According to the March 14 announcement, the ETF will purchase the convertible notes of companies…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In the latest episode of the Coinstories podcast hosted by Nathalie Brunell, James Seyffart, a research analyst at Bloomberg Intelligence, outlined why the next significant surge of Bitcoin Exchange-Traded Fund (ETF) adoption is likely to come from major wirehouses, such as UBS,…