A popular cryptocurrency analyst doubts that Bitcoin dominance will return to the levels it reached in December 2020, before the asset’s price surged approximately 220% within three months. “I don’t think it is going back up to 70%, my...
Bitcoin is officially back in the accumulation phase, the latest data shows, as analysts eye an imminent price breakout. Could this help Bitcoin price recover above $66,000 by September? Bitcoin long-term holders are accumulating again Bitcoin’s long-term holder accumulation rate has reached a 15-month high, according to popular analyst On-Chain College,...
When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions across Wall Street and beyond finally had the opportunity to buy into crypto. Since then, money has poured in, but in fits and starts. On Wednesday, banks and hedge funds with more...
Elections matter for investors, and presidential elections matter a lot. Their outcomes determine the agenda in Washington, D.C. for the subsequent four years. As usual, the Democratic and Republican nominees for U.S. President have very different agendas they'd like to pursue. Would Kamala Harris or Donald Trump be better for...
Eric Schmidt, who led Google for a decade, told Stanford students that, while he’s not one to give investment advice, he sees an obvious play in the stock market that doesn’t involve buying shares of his former employer. Schmidt said, in a video that was posted by Stanford this week and subsequently...
Several days of mostly quiet price action came to a fast end during U.S. trading hours Thursday afternoon, with cryptocurrencies suddenly plunging and sending bitcoin (BTC) to its weakest level since just after the early August market panic.
Coinbase, the world’s second-largest cryptocurrency exchange, could significantly boost the adoption of Bitcoin-native decentralized finance (DeFi). The exchange has recently teased the development of a new Wrapped Bitcoin (BTC), called Coinbase BTC (cbBTC), creating widespread excitement among crypto...
The equity market has been on a tear and what is more remarkable is its strong rebound from the mayhem seen on Aug. 5. Former White House Communications Director Anthony Scaramucci on Thursday commented about the strong comeback by the market,...
Eric Schmidt, who led Google for a decade, told Stanford students that, while he’s not one to give investment advice, he sees an obvious play in the stock market that doesn’t involve buying shares of his former employer. Schmidt...
Japanese investment data on Friday confirmed what the sliding yen had been pointing to all week, that after a scary burst of turmoil global investors were back to betting on the Bank of Japan going slow on rate rises and on the yen staying cheap. Japanese investors ploughed the most...
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