An idea to tokenize or track US gold reserves to make their movements transparent on a blockchain won’t work in the same trustless way as Bitcoin does, but doing so could help the cryptocurrency, says a research analyst. Greg Cipolaro, global head of research at New York Digital Investment Group (NYDIG), said in a March…
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has described Bitcoin as “the biggest opportunity” in history. That said, he has also warned that a lot of people will miss it due to the psychological phenomenon known as the fear of making mistakes (FOMM). Related According to Kiyosaki, the FOMO crowd will wait until…
As technical indicators and changing macro conditions point to a possible recovery, Bitcoin might be forming a bottom. In an analysis published on Mar. 24, crypto analytics firm 10X Research highlighted the recent consolidation and shifting outlook of Bitcoin (BTC). Analysts initially expected a more severe correction after Bitcoin dropped below $95,000, confirming a breakdown…
Bitcoin BTC/USD reached $86,909.48 on Monday, gaining 1.03% over 24 hours as cryptocurrency markets continue responding to shifting Federal Reserve monetary policy expectations. What Happened: BitMEX co-founder Arthur Hayes predicted on Sunday that Bitcoin will reach $110,000 before retesting the $76,500 level. “I bet BTC hits $110K before it retests $76.5K,” Hayes wrote on X.…
This week in crypto, several US economic data releases will influence Bitcoin (BTC) and crypto market sentiment in general. Meanwhile, Bitcoin’s price still hovers near the $87,000 threshold, defending against further downside despite being devoid of sufficient catalysts to activate its upside potential. US Economic Data With Crypto Implication This Week This week, five US…
Other key events in the crypto market include: Metaplanet purchased $12.6 million worth of Bitcoin, expanding holdings to 3,350 BTC after appointing Eric Trump to the advisory board. Fidelity filed for Ethereum-based US Treasury fund ‘OnChain.’ MicroStrategy hinted at a $21 billion Bitcoin purchase. Trump called his namesake memecoin the “greatest of them all,” leading…
As the Federal Reserve shifts to quantitative easing, BitMEX’s co-founder Arthur Hayes appears to be confident to bet on Bitcoin hitting $110,000 before dipping to $76,500. Arthur Hayes, BitMEX‘s co-founder, is back with another prediction, this time saying Bitcoin (BTC) will hit $110,000 before dropping to $76,500, thanks to the Fed’s shift from tightening to…
Bitcoin BTCUSD heads into the end of Q1 near two-week highs as trader sentiment diverges from improving technicals. Bitcoin market participants are positioned for a fresh BTC price dip, which could even form new multimonth lows. PCE week coincides with the last full trading week of March, and risk assets are showing a hint of…
Bitcoin heads into the end of Q1 near two-week highs as trader sentiment diverges from improving technicals. Bitcoin (BTC) market participants are positioned for a fresh BTC price dip, which could even form new multimonth lows. PCE week coincides with the last full trading week of March, and risk assets are showing a hint of…
A West Virginia district court has alerted the public about cryptocurrency scammers using dubious arrest warrants to extort payments for alleged missed jury duty. Crypto scammers were found to be impersonating officials from the U.S. District Court, using “official looking” documents that falsely claim to come from the Eastern District of Virginia, a recent notification…