Cryptocurrency

You’d struggle to find a better-performing investment. During the past decade, the S&P 500 and the Nasdaq Composite Index have returned 231% and 335%, respectively, including dividends (as of April 15). This shows that it has been a fantastic time to be a stock market investor. However, Bitcoin (BTC 3.60%) has absolutely crushed those gains. If you invested $1,000 in the world’s oldest […]

Bitcoin rose above $64,000 on Friday, rebounding from a drop below the $60,000 mark, as the cryptocurrency continues to experience volatility ahead of the upcoming halving event. The price of bitcoin was $64,739.04 at around 6:15 a.m. ET, according to CoinDesk data, up more than 5% from 24 hours prior. Other cryptocurrencies also jumped. Ether […]

Bitcoin saw flash volatility on April 19 as geopolitical turmoil in the Middle East spilled into financial markets. BTC/USD 1-hour chart. Source: TradingView BTC price whipsaws into halving Data from Cointelegraph Markets Pro and TradingView showed new seven-week BTC price lows of $59,630 hitting after the April 18 daily close. These accompanied renewed tensions between Iran and Israel — a particularly […]

Bitcoin continues to fall on Wednesday, April 17, by declining over 3.84 per cent to $61,309. The world’s largest cryptocurrency has fallen over 8.81 per cent in past five days and over 10.31 per cent in the last one month. The Commerce Department’s Census Bureau reported a 0.7% increase in retail sales last month. Additionally, […]

The level of interest in the ‘Bitcoin halving’ on Google has soared to its highest point of all time, with predicted data pegging it at more than double that of the last halving in 2020. Search interest for the term ‘Bitcoin halving’ has already reached a score of 45, according to Google Trends data — with Google […]

The price of Bitcoin has corrected 13.65% almost a month after setting a new record high of around $73,800. As of April 17, BTC/USD is trading for as low as $$62,622, while its month-to-date low is around $62,160. BTC/USD daily price chart. Source: TradingView Bitcoin’s price correction has accelerated recently due to an escalating geopolitical conflict in […]

There are plenty of reasons to be bullish on gold, but the evergreen bear case on the precious metal is that it’s never really consumed. Every ounce of gold that’s been mined since the beginning of time is still here. To wit is a Bloomberg story over the weekend reporting on a flood of customers rushing into […]

The initial euphoria for the spot bitcoin ETFs has seemingly dampened and reality is slowly kicking in with inflows recently unable to keep up with the still speedy pace of exits from Grayscale’s Bitcoin Trust (GBTC). The result is that in the week ended April 12, the spot ETFs as a whole saw a net […]

Bitcoin exchange-traded funds (ETFs) having days of zero inflows is completely normal and shouldn’t be misinterpreted as a failure of the products themselves, says Bloomberg ETF analyst James Seyffart. On most days, the “vast majority” of all United States ETFs post zero inflows — something completely normal for any ETFs in a given sector, Seyffart […]

Bitcoin (BTC-USD) prices are holding above $63,000 as the cryptocurrency gives up some ground on Monday. The bitcoin halving event is projected to take place this Friday, April 19, which operates to reduce the amount of available bitcoins in circulation once every four years. The bitcoin halving directly impacts the profits of bitcoin miners, including […]