Cryptocurrency

As Bitcoin continues to thrive, reaching new yearly heights and gaining mainstream adoption, Arthur Hayes, the former CEO of BitMEX, voiced a concern that could potentially throttle Bitcoin’s defining essence. Hayes’ discourse sheds light on a scenario where the institutional custody of Bitcoin could morph it from a tool of financial freedom to…

The price movement of Bitcoin has not been to the delight of its investors lately. Since a $25,000 hit on 15 August that sent investors into jubilation, BTC has now only yielded to the reds.  While it consolidated around $24,000 up until 17 August, the last two days have been worse as the BTC price remained at $21, 290 at press…

History shows that stocks perform better than any other asset class over time. While gold, oil, and housing may beat the market for short periods, over the past century equities handily trump all else. That holds true with cryptocurrencies as well, which had stocks eating their dust the past few years with phenomenal gains as…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Iceland plans to prioritise food security over financial gain, planting corn and curbing bitcoin miners as the island state strives for more self-sufficiency in a hostile world.Prime Minister Katrín Jakobsdóttir told the…

Bitcoin (BTC) is in short supply at Tesla, even as its CEO predicts that United States inflation has already peaked.Speaking at Tesla’s 2022 Annual Meeting of Stockholders on Aug. 5, Elon Musk predicted that an upcoming United States recession would only be “mild to moderate.”Musk on costs: "The trend is down"After recently selling almost all of…

The year is 2027. It’s a time of great innovation and technological advancement, but also a time of chaos. What will the crypto market look like in 2027? (For those unfamiliar, that's a line from the 2011 video game, Deus Ex.)Long-term predictions are notoriously difficult to make, but they are good thought experiments. One year is too short a…

Macro guru and fund manager Dan Tapiero is optimistic that Bitcoin (BTC) will potentially hit a six-figure price. In a new interview with Natalie Brunell, Tapiero says that “we’ll see Bitcoin over $100,000” in the next bull run. A surge to $100,000 would translate to a gain of at least 167% from the current level.…

Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital.Nicolas Economou | Nurphoto | Getty ImagesBitcoin briefly topped $25,000 to hit its highest level in June before falling sharply as the cryptocurrency…

TL;DR Bitcoin surpasses Fair Value Layer resistance, reaching $38k, influenced by potential BTC ETF approval. Analysis suggests BTC could rise above $60k with no major resistance until $61,156. Altcoins, including Solana and Cardano, gain as Bitcoin stalls; CryptoCon warns against ignoring altcoins. Popular…

CNN  —  Samson Williams was working in the mortgage lending industry in 2014 when a colleague convinced him to invest in cryptocurrency. At the time, Williams didn’t know much about cryptocurrency but decided to invest a little more than $200 to see where it would get…