Tom Lee, the investment chief at Fundstrat, believes Bitcoin’s recent surge is a strong indicator of good things to come for the stock market. Bitcoin’s Strength Signals Investor Confidence Lee, in a recent CNBC interview, stated that Bitcoin’s impressive gains in the last quarter show investors are feeling more comfortable taking on risk. He thinks…
Big Losses in Crypto The crypto market started the week in the red. Bitcoin (BTC) dipped below $100,000, falling to around $97,470, pulling many other cryptocurrencies (altcoins) down with it. Over $567 million in crypto positions were liquidated in just 24 hours, mostly Bitcoin investors who were betting on the price going up. Analyst Warns…
Eric Trump recently shared his vision for the US to become the world leader in cryptocurrency. He believes clear and sensible regulations are key to making this happen. A Crypto-Friendly Future? Bitcoin recently hit a record high, exceeding $100,000, and this surge has many optimistic about the future of crypto. Eric Trump is among them….
A massive Dogecoin transfer has sparked speculation about the future price of the meme coin. Whale Alert: $48 Million Moved to Binance A Dogecoin “whale”—an entity holding a massive amount of DOGE—recently moved 112,382,564 DOGE to the Binance exchange. This transfer, worth roughly $48.7 million at the time, has caught the attention of market watchers….
Michael Saylor, a big Bitcoin fan and head of MicroStrategy, has a radical idea for the US government: sell all its gold and buy Bitcoin instead. He believes this would massively boost the country’s economy. Gold? Nah, Bitcoin’s the Future! Saylor argues that gold is outdated and impractical. Moving large amounts of gold is a…
MicroStrategy, a big data analytics company, just doubled down on Bitcoin (BTC) in a huge way. They bought another 21,550 BTC for roughly $2.1 billion! Another Bitcoin Buying Spree This purchase comes after Bitcoin hit a record high of over $100,000. MicroStrategy funded this latest buy by selling company shares, raising about $2.13 billion. The…
BlackRock, the massive investment firm, has been on a Bitcoin buying spree, according to blockchain analytics firm Arkham Intelligence. BlackRock’s Bitcoin Purchases Arkham reported that BlackRock purchased a staggering $2.6 billion worth of Bitcoin in just one week—that’s over half a billion dollars every day! This comes as Bitcoin is trading around $99,137, slightly down…
A crypto analyst, known as Credible, is predicting big gains for XRP, potentially reaching levels not seen since early 2018. He’s also bullish on other established altcoins. XRP’s Potential Surge Credible, who boasts a large following on X (formerly Twitter), focuses on the XRP/ETH pairing. He believes XRP against Ethereum could see a massive increase,…
Michael Saylor, the co-founder of MicroStrategy (a company that holds a massive amount of Bitcoin), has a radical idea: the US government should sell all its gold and buy Bitcoin instead. He believes this would dramatically shift global financial power back to the US. Bitcoin: The New Global Reserve? Saylor argues that Bitcoin is becoming…
Veteran trader Peter Brandt is making some bold predictions about the cryptocurrency market. He’s particularly bullish on two coins: XRP and Litecoin. XRP Breakout Brandt, who boasts a large following on X (formerly Twitter), claims XRP’s chart is “the most powerful in all of crypto.” He points to a significant breakout, showing XRP’s market cap…
