Recently, Euro Pacific Asset Management founder Peter Schiff issued a stark warning about Bitcoin, labeling it as the “ultimate asset bubble.” This caution came at a time when the price of Bitcoin was soaring, surpassing $61,500. Despite his warning, just four days later, the price of BTC climbed even higher, now trading above $65,000. Criticism
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Despite recent gains of 20% in a week, Ripple’s XRP still lags behind Bitcoin and other altcoins. However, top analysts such as Dark Defender and Alex Cobb believe that a bull run could be imminent for XRP. Dark Defender pointed out that XRP has been hovering around the Fibonacci level of $0.64 and indicators like
Crypto enthusiasts who are eagerly awaiting the launch of an Ethereum spot ETF may need to temper their expectations, according to Bloomberg ETF analyst Eric Balchunas. While Bitcoin spot ETFs have seen tremendous success in the United States, with over $7 billion in net flows since their launch, Balchunas believes that an Ethereum ETF launch
Friend.tech, a leading Web3 social platform, has recently made a groundbreaking announcement that has sent shockwaves through the cryptocurrency community. The platform’s investors have made the bold decision to relinquish their rights to sell tokens to users, giving the community full control over the funds. This move marks a significant shift in power dynamics within
In a damning investigative article by the Wall Street Journal, the questionable practices of Tether, Bitfinex, and their associated companies were brought to light. These entities, with iFinex as the major stakeholder, were accused of utilizing dubious methods to maintain their ties to the global banking system. It was revealed that a web of shell
Bitcoin (BTC) has reached a new all-time high (ATH) against the euro (EUR) and the British pound (GBP) after surging past the $65,000 price level. TradingView data indicates that BTC approached 61,000 EUR for the first time on Monday morning, marking a 7% increase over the past 24 hours. This milestone comes as Bitcoin continues
Bitcoin prices soared to a remarkable $65,500 in early trading on March 4, showcasing an impressive rally. This surge has propelled the cryptocurrency to its highest price level since November 2021, positioning it just 5% below its all-time high recorded in the same month. Notably, BTC has witnessed an astounding increase of over 300% from
In recent bull markets, niche asset classes within the cryptocurrency industry have emerged as major players. The last bull market, which abruptly ended in 2022, was dominated by NFTs and meme coins. With experts suggesting that the cryptocurrency market has entered a new bull cycle, thanks to recent price surges, there is speculation about what
The case involving Bitcoin Fog and the accusations against Roman Sterlingov have taken a complex turn with the involvement of Ilya Lichtenstein. Lichtenstein, known for his role in the hacking of Bitfinex and the laundering of millions of dollars, now finds himself cooperating with federal prosecutors to build a case against the crypto mixing service.
The recent surge in Bitcoin’s price, exceeding $62,000, has caught the attention of both enthusiasts and skeptics alike. This rapid increase has sparked speculations about the potential beginning of a major bull run in the cryptocurrency market. One key factor that could contribute to the continuation of Bitcoin’s upward trajectory is the upcoming Bitcoin halving
