Since Bitcoin (BTC) witnessed a crash this week to $64,000, the crypto asset has not been able to reclaim its momentum, with the price falling even lower. This has led to a general market decline that has affected altcoins. Bitcoin Plummets To $8,900 On BitMEX Exchange In a devastating turn of events, Bitcoin witnessed a…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
Famous gold bug and Bitcoin naysayer Peter Schiff has provided comment about what he plans to do with the cache of Bitcoin recently donated to him by the Bitcoin Twitter community. The staunch anti-Bitcoiner said that just because he has been gifted some Bitcoin does not mean that he is suddenly a convert to crypto…
Peter Schiff, the outspoken gold advocate, warned that Bitcoin may be “topping out” as traders await a Federal Reserve decision this week. Related Reading According to a post on his X account, Schiff said gold and silver have broken out while Bitcoin is showing signs of losing momentum. The comment has drawn attention because it…
CEO of Euro Pacific Capital and chairman of SchiffGold, Peter Schiff, has once again provided critique of Bitcoin. The self-proclaimed gold bug used the opportunity presented by today’s downswing in Bitcoin price to argue his favourite yellow metal’s superiority over the digital currency. However, in his critique, Schiff seems to forget one crucial thing –…
Bitcoin may be aiming for another retest of a crucial price level that prevents the digital gold from entering another bear cycle, which appears to be the next logical objective given that the first cryptocurrency was unable to break through $25,000, according to the cryptocurrency’s daily chart. Bitcoin May Fall If It Goes Below This…
Peter Schiff is one of the most vocal bitcoin detractors known to investors. The economist has never been one to hide his disdain for the digital asset and continues to bash it at every chance he gets. This time around, Schiff who has always touted the superiority of other investment forms such as stocks above…
Bitcoin detractor and economist Peter Schiff has taken another swipe at the digital asset and MicroStrategy, a public company that is heavily invested in the digital asset. Schiff has always been vocal about his disdain for bitcoin and has now turned his attention to MicroStrategy and its former CEO, Michael Saylor. Why MicroStrategy Bought Bitcoin…
A prominent non-fungible token (NFT) protocol based on the Bitcoin blockchain, “Ordinals,” surpassed an impressive benchmark in a significant turn of events. The network’s transaction surged to 10 million a few days after the Ordinals creator, Rodarmor, announced stepping down from the project. Reaching over 10 million inscriptions suggests that many transactions have occurred on…
Peter Schiff has a number. And he wants everyone to see it. The longtime gold supporter and Bitcoin critic took to social media this week to argue that when Bitcoin’s price is measured in gold rather than dollars, the flagship cryptocurrency has lost more than 66% of its value since hitting its all-time high in…