The volatility of Bitcoin continues to captivate investors worldwide, and recent economic developments in the United States may well determine its next major move. As expectations turn towards the imminent release of inflation data, an intriguing correlation between the Consumer Price Index (CPI) and Bitcoin’s fluctuations has been highlighted. A Lower CPI: The Key to […]
Cryptocurrency
Bitcoin: Here’s how Vitalik Buterin views the block size war
Today, the Bitcoin block size war still divides the crypto community. This fierce struggle between small block supporters and large block advocates highlights fundamental questions about scalability, decentralization, and the very future of Bitcoin. The battle for the scalability of the Bitcoin crypto network At the heart of the Bitcoin block size war was the question of […]
Bitcoin Could Soar 5,453% by 2030, According to Cathie Wood. But Is That Realistic?
At the current price of around $68,500, Bitcoin (CRYPTO: BTC) has a market capitalization of more than $1.35 trillion, which makes it the most valuable cryptocurrency in the world. In fact, it accounts for more than half of the total $2.55 trillion market cap of the entire crypto ecosystem. But Ark Investment Management and its […]
Japan’s DMM Bitcoin says over $300 mln of cryptocurrency lost
Japan’s cryptocurrency exchange DMM Bitcoin said on Friday that it had lost 4,502.9 bitcoin, worth about 48.2 billion yen or $308 million, in what the company called an “unauthorised leak”. It gave no details of how the incident occurred or whether an outside party had been involved, but said it was investigating and had restricted […]
Bitcoin ETFs aren’t winning the hearts and minds of financial advisors
A major thesis around bitcoin ETFs was that financial advisors needed regulated funds like them to direct their wealthy clients to invest in bitcoin. Almost six months after the launch of those ETFs, there are few signs that advisors are clamoring for the funds. Many remain just as averse to bitcoin now as they were […]
Bitcoin to be worth 100 oz of gold, says veteran trader Peter Brandt
Seasoned trader Peter Brandt recently issued a price prediction for Bitcoin, claiming that the decentralized digital asset would surge 230% against gold. Brandt claimed that the ratio of gold to BTC would fluctuate for the next 12–18 months before finally climbing to a new high of 100 ounces of gold per BTC. Source: Peter Brandt While […]
Japan’s DMM Bitcoin says over $300 mln of cryptocurrency lost
Japan’s cryptocurrency exchange DMM Bitcoin said on Friday that it had lost 4,502.9 bitcoin, worth about 48.2 billion yen or $308 million, in what the company called an “unauthorised leak”. It gave no details of how the incident occurred or whether an outside party had been involved, but said it was investigating and had restricted […]
Mt.Gox Transfers $9B Bitcoin to Single Address as Part of Repayment Plans
Wallets belonging to the defunct Bitcoin exchange Mt. Gox transferred over 140,000 bitcoin (BTC), valued at around $9 billion, to an unknown address starting early Asian morning hours on Tuesday. Mt. Gox, once the largest bitcoin exchange in the world, closed in 2014 after it was revealed that it had lost hundreds of thousands of […]
This type of coin is ‘among the riskiest of cryptocurrencies,’ investing expert says—here’s what to know
As meme stocks like GameStop temporarily surged this month, it appears meme coins are having a moment as well. The price of Dogecoin, a popular digital token branded after the “doge” shiba inu meme, has increased by around 14% over the past month, according to CoinMarketCap. And the price of Pepe, a meme coin named […]
Bitcoin, Ether Prices Ease as SHIB Drives Gains in Meme Tokens
Bitcoin (BTC) and ether (ETH) prices fell a little more than 1% in the past 24 hours as crypto markets remained mostly muted after last week’s rally. With major tokens such as Solana’s SOL, XRP and BNB Chain’s BNB little changed, the meme coin sector drove the biggest gains for traders among categories tracked by CoinGecko, including shiba inu (SHIB) climbing as […]