Eugene Fama, a Nobel Prize winner and influential economist, recently predicted Bitcoin will be worthless in 10 years. Let’s examine his arguments and the counterarguments. Fama’s Case Against Bitcoin Fama’s main concern is Bitcoin’s volatility. He argues that a successful currency needs stability, and Bitcoin’s fluctuating value makes it impractical for businesses to use as…
Bitcoin’s network activity has been unusually low lately – hitting an 11-month low. Let’s dive into why. Why the Slowdown? Recent data shows a significant drop in Bitcoin transactions. The “mempool” – where pending transactions wait – is almost empty, and transaction fees are super low. This is the quietest the network has been since…
A popular crypto analyst, Pentoshi, believes the crypto market is poised for another significant price increase before the current cycle ends. With a massive following of 850,000 on X (formerly Twitter), Pentoshi shared his outlook. Pentoshi’s Market Prediction Pentoshi estimates there’s only a 25% chance the current crypto market cycle is over. He’s significantly more…
CryptoQuant’s CEO, Ki Young Ju, doesn’t think the Bitcoin bull market is over yet. He points to continued strong demand for Bitcoin ETFs as a key indicator. Bitcoin ETF Demand Fuels the Bull Ju believes that as long as big investors keep buying Bitcoin ETFs, the price will continue to rise. He notes that in…
A massive $70 billion hedge fund, Elliott Management, is sounding the alarm on the cryptocurrency market, claiming President Trump’s support is fueling a dangerous speculative bubble. Crypto’s “No Substance” The fund’s investor letter expresses serious concerns about the lack of substance in crypto assets and criticizes politicians who back the industry. Elliott Management compares crypto…
Macro guru Luke Gromen thinks Bitcoin and gold are the top picks for investors betting on how artificial intelligence (AI) will shake up the economy. He shared his views in a recent YouTube video. AI’s Potential Economic Fallout Gromen predicts AI will cause a banking crisis. As AI takes over jobs previously done by humans,…
Bitcoin exchange-traded funds (ETFs) had a wild week. After a huge seven-day inflow of $4.7 billion, things took a downturn. A Dip and a Comeback Monday saw nearly $460 million pulled out of these funds. But the tide quickly turned! Back in the Black: A $318 Million Surge By Friday, the situation had completely reversed….
Big banks are diving headfirst into crypto, and that’s great news for meme coins! This could be the start of another huge bull run. Here are five ERC-20 meme coins worth keeping an eye on: Top Meme Coin Contenders $BEST: This coin’s name is its mission statement. It raised nearly $9 million in its presale,…
Bitcoin’s price has been stuck in a rut lately, bouncing around between $101,000 and $106,000. But one analyst, @cryptododo7 on X (formerly Twitter), thinks a big drop might be exactly what Bitcoin needs to start its next bull run. The Trump Factor and Market Manipulation? The analyst suggests that previous price swings were influenced by…
Bitcoin’s recent price dip below $100,000 has some investors worried. It’s been bouncing around between its all-time high and $97,750 for a while now, leaving the market feeling a bit uncertain. Bulls vs. Bears: A Divided Market The optimists (bulls) think this is just a temporary setback before Bitcoin rockets to $110,000 and beyond. The…
