Anthony Scaramucci, the founder of Skybridge Capital, a big investment firm, doesn’t think Bitcoin is a good store of value right now. He’s known for being a Bitcoin supporter, but he’s also honest about its shortcomings. Why Bitcoin Isn’t a Store of Value Scaramucci thinks the current regulatory mess in the crypto world is holding…
Bitcoin’s price is stuck in a narrow range, with traders waiting for a clear signal to jump in. It’s like everyone’s holding their breath, unsure which way the market will go. A 5X Surge? One analyst thinks Bitcoin could be about to skyrocket. They see similarities between now and 2020, when the world was in…
Russia is getting serious about crypto. They’re planning to launch two new crypto exchanges, one in Moscow and the other in St. Petersburg. This is part of a bigger picture: Russia wants to use crypto to strengthen its economy and reduce its reliance on the US dollar. A New Way to Trade These exchanges are…
Coinbase is attracting Bitcoin from other exchanges. This could be a good sign for the price of Bitcoin, but it’s not the whole story. Coinbase Flow Pulse is back in the green. This means more Bitcoin is flowing into Coinbase than out. This happened before Bitcoin’s last big rally, so it could be a bullish…
Boulder County, Colorado is launching a new program to help families with young children. Called “Nurturing Futures,” the program will give direct cash assistance to 725 low-income families. How It Works The program will provide $300 per month to each qualifying family for two years. Families can use the money for anything they need, like…
A well-known crypto trader thinks Binance Coin (BNB) is about to take off. Altcoin Sherpa, who has a huge following on social media, says BNB could see higher prices this year. He thinks the release of Binance’s former CEO, Changpeng Zhao (CZ), next month could be a big boost for BNB. “BNB is still one…
Crypto expert Michaël van de Poppe thinks Bitcoin (BTC) is about to reach new record prices if it can break through a key resistance level. Bitcoin’s “Final Resistance” Van de Poppe told his 723,000 followers on social media that if Bitcoin climbs just 2.25% from its current price, it could hit a new all-time high…
Bitcoin analyst Kevin Svenson believes the cryptocurrency could be on the verge of a massive surge, potentially reaching new all-time highs. He points to two key factors: the stock market and global money supply. The Stock Market and Money Supply Svenson says the recent stock market performance and global liquidity are hinting at a possible…
Another Chunk of Stolen Bitcoin Moves Remember the big DMM Bitcoin hack back in May? Well, it seems the hackers are still at it. They recently moved 500 Bitcoin, worth about $30.4 million, to new addresses. This is likely part of the original haul of 4,502.9 Bitcoin, worth over $300 million at the time of…
Bitcoin investors are buying Bitcoin at a much faster rate than miners are producing it. This is good news for the price of Bitcoin! Investors Are Buying More Than Miners Are Producing Data shows that investors have been buying Bitcoin five times faster than miners are creating new coins. This means that investors are pulling…
