MicroStrategy Executive Chairman Michael Saylor made one of his most ambitious forecasts at the Digital Asset Summit on March 26. He said that Bitcoin will one day reach a market cap of $500 trillion and surpass gold, real estate, and long-term financial assets as the top store of value. “Bitcoin is going to demonetize gold,”…

Economist and long-time gold advocate Peter Schiff on Friday criticized Bitcoin‘s BTC/USD year-to-date decline, highlighting gold’s quiet 18% rally as evidence of the market’s misplaced focus. What Happened: In a post on X, Schiff challenged the bullish narrative surrounding the U.S. government’s Bitcoin Strategic Reserve and suggested HODLers are ignoring market fundamentals. Schiff highlighted what…

Bitcoin’s quieter older sibling Gold’s outperformance  Jurrien Timmer, director of global macro at Fidelity Investments, has stated that it is “possible” for Bitcoin to overtake gold. However, he does not expect this to occur anytime soon.  Timmer believes that it could possibly happen a decade or two from now if Bitcoin follows either the S-curve trajectory…

Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: GameStop makes a big splash with its Bitcoin announcement, then fumbles with a debt offering; BTC miners are in for a world of hurt as fees shrink; and Robinhood gets a New Jersey slap on the wrist…

Benjamin Cowen, founder of IntoTheCryptoverse, warns that Bitcoin BTC/USD is approaching another “death cross.” What Happened: In a podcast published on Friday, Cowen said that Bitcoin will “likely have another death cross,” meaning the 50-day simple moving average crossing below the 200-day simple moving average, if nothing changes in the next one to two weeks.…

Benjamin Cowen, founder of IntoTheCryptoverse, warns that Bitcoin BTC/USD is approaching another “death cross.” What Happened: In a podcast published on Friday, Cowen said that Bitcoin will “likely have another death cross,” meaning the 50-day simple moving average crossing below the 200-day simple moving average, if nothing changes in the next one to two weeks.…

What’s going on here? Bitcoin slipped below $84,000 amid a broader market decline, shaking the entire cryptocurrency sector’s valuation. What does this mean? Cryptocurrencies are experiencing turbulent times, with bitcoin tumbling to $83,643—down 4% in just one day—as trading volume surged to $33.1 billion. This sharp drop contributed to a 4.5% contraction in the sector’s…

Bitcoin price is poised to hit $110,000 before retesting the $76,500 range, according to Arthur Hayes, pointing to easing inflationary concerns and more favorable monetary policy conditions in the US that are set to bolster risk assets, including the world’s first cryptocurrency. Still, the decentralized finance (DeFi) industry took another hit after an unknown whale…

Three co-founders of cryptocurrency exchange BitMEX—Arthur Hayes, Benjamin Delo, and Samuel Reed—were pardoned by President Trump on Friday, according to a report from CNBC. All three founders pled guilty in 2022 to violations of the Bank Secrecy Act for failing to operate an anti-money laundering program at the cryptocurrency exchange. Each founder also agreed to…

The Federal Deposit Insurance Corporation (FDIC) has issued new guidance allowing banks it supervises to engage in bitcoin and crypto activities without seeking pre-approval. This reverses a controversial policy imposed under the Biden administration. In a March 28 statement, the FDIC said banks can now participate in crypto-related services like custody and trading if they…