Cathie Wood, CEO of ARK Invest, has likened Bitcoin and Ether to gold. Wood suggested that they function as “flight to safety” assets in current times as we face macroeconomic uncertainty. She believes that recent events show the need for a…
Peter Schiff, a well-known gold bug and a vocal critic of Bitcoin, has applauded ChatGPT, an AI chatbot, for not including Bitcoin in its recommended recession-proof assets list. Schiff, who is the CEO of asset management company Euro…
After slipping to lows of $15.5K amid FTX’s liquidity crunch, Bitcoin (BTC) gained momentum due to better-than-expected consumer price index (CPI) numbers released by the U.S. Bureau of Labor Statistics.
Crypto and market education…
Michael J. Saylor, Co-founder of Microstrategy, has made claims that he believes the use of Bitcoin (BTC) is the solution to the financial crisis that is being experienced in Lebanon as the country’s currency has lost 96% of its value…
Since Bitcoin (BTC) has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead.
The…
Payment processing app created by Block Inc, Cash App, has now added support for Bitcoin transactions enabling users to both send and receive Bitcoin via the lightning network.
After its integration with the lightning network in February…
Cathie Wood said she currently owns over $7 million worth of bitcoin, which she purchased on the advice of Reagan-era economist Arthur Laffer while it was trading at $250.
The ARK Investment Management CEO shared the information last week…
21Shares, a preeminent issuer of cryptocurrency exchange-traded products (ETPs), has announced the launch of its first physically-backed Bitcoin ETP in the Middle East.
The Middle East gets a physically-backed Bitcoin exchange-traded…
A tightened macroeconomic environment has been the biggest stumbling block to Bitcoin's bullish momentum as the leading cryptocurrency continues ranging between the $18K and $22K zone.
Nevertheless, all might not be lost because the…
The largest cryptocurrency, bitcoin, tumbled more than 9 percent to below $21,000, hitting a new low in late July. Bitcoin also posted its biggest one-day drop since June.
Bitcoin fell with U.S. stock futures falling as selling emerged…
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