Wall Street bank JPMorgan (JPM) updated its bitcoin (BTC) miner price targets and estimates following fourth-quarter 2024 results and to account for changes in the bitcoin price and the network hashrate. JPMorgan raised IREN (IREN), its top pick in the sector, to overweight from neutral, and cut its price target to $12 from $15. The…

Peter Schiff Warns Americans Will Be Harmed Most When Bitcoin Bubble Pops, Says US Has Biggest Crypto Lobby Economist and market commentator Peter Schiff warned on Wednesday that Americans would bear the brunt of the impact should the Bitcoin (CRYPTO: BTC) “bubble” burst. What Happened: During his podcast, Schiff disputed the notion that the U.S. establishing a…

Gold prices have climbed to a historic high of $3,000 per ounce, underlining its appeal as a safe-haven asset amid economic and geopolitical uncertainty. Gold’s rally follows concerns over global stability and turbulence, which have been amplified by trade policies under President Donald Trump. So, breaking past the $3,000 psychological threshold reinforces the precious metal’s…

Application-specific integrated circuit (ASIC) chips form the backbone of the bitcoin (BTC) mining industry. ASIC machines are made for a single purpose: To solve Bitcoin’s SHA-256 algorithm as fast as possible in order to collect block rewards. They’re extremely good at it. One of the most widely used ASIC machines, the Antminer S19, is capable…

As of March 12, the U.S. government controls 195,234 Bitcoin, valued at more than $16 billion, according to a new Nansen report. The government’s crypto portfolio also includes $4.6 million worth of Ethereum (ETH), stablecoins such as USDC, and yield-bearing assets DAI and AUSDC_V2. A newly proposed bill, introduced by Rep. Nick Begich, could dramatically…

Cryptocurrency analyst and trader Ali Martinez is warning that Bitcoin (BTC) could go down by double-digit percentage points if it loses support at a key price level. Martinez tells his 132,100 followers on the social media platform X that Bitcoin has come dangerously close to the support level provided by the 50-week moving average, a…

The US dollar has long reigned as the world’s primary reserve currency and the default choice for global trade and international transactions. But its dominance is now facing growing scrutiny as shifting geopolitical and economic forces—and concerns over the potential weaponization of the greenback—push more countries to accelerate efforts to loosen their dependence on the…

Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: It’s spring time for Coinbase and on-chain assets. The company is going after its tokenized security white whale. CEO Brian Armstrong and his founders have been wanting to offer tokenized stocks since before the company even went…

Senior Bloomberg analyst Mike McGlone is warning investors that Bitcoin (BTC) could crater nearly 90% from its current price due to the conditions of the gold and stock markets. In a new thread on the social media platform X, McGlone tells his 66,900 followers that the top crypto asset by market cap could free fall…

Apparent demand for Bitcoin (BTC) has hit the lowest level in 2025, dropping down into negative territory, as traders and investors take a cautious approach to risk-on assets due to macroeconomic uncertainty. According to CryptoQuant’s Bitcoin Apparent Demand metric, demand for Bitcoin has dropped down to a negative 142 on March 13. Bitcoin’s apparent demand…