Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Tim…
U.S. crypto-related stocks saw a significant surge in pre-market trading on Tuesday as Bitcoin smashed through the much-anticipated $100,000 mark. This milestone, a psychological and technical breakthrough for the world's largest cryptocurrency, fueled optimism across the digital asset sector. Shares of companies with strong ties to the crypto industry, including Coinbase, Marathon Digital, and Riot…
Bitcoin hit an all-time high and the S&P 500 saw its best post-Election Day performance in history, rallying 2.5% on investor optimism about pro-growth policies under President-elect Donald Trump. Markets surged as investors anticipated Republican control of both houses of Congress, fueling hopes for deregulation, tax cuts, and a business-friendly environment. Small-cap stocks soared 5.8%…
In his latest essay, Arthur Hayes, the co-founder of BitMEX, has laid out his investment playbook in the current global economic landscape, focusing on the potential of Bitcoin, cryptocurrencies, big tech, and traditional financial markets. Dumb Trades Hayes begins with a blunt critique of traditional investment strategies, particularly the purchase of long-term bonds in the…
As the year 2023 continues to unfold, Bitcoin’s retreat below the pivotal $30,000 mark raises questions about the overall strength and stability of the cryptocurrency market. Once, the crypto market held a significant lead over traditional stocks, according to Bloomberg. However, this advantage seems to be dwindling as Bitcoin – a leading market indicator –…
Coinbase, a prominent United States cryptocurrency exchange, has recently witnessed an upswing in its COIN share prices. This surge comes on the heels of the world’s largest asset manager, BlackRock, choosing Coinbase as a surveillance partner for its re-filed Bitcoin ETF application. In the limelight of this crypto-mainstream finance crossover, Coinbase’s shares have soared by…
Bitcoin has surged above the $29,000 mark following the Fed rate hike of 25 bps, a sign that the asset may be decoupling from the stocks. Bitcoin Has Jumped Despite Fed Interest Rate Hike Announcement According to the on-chain analytics firm Santiment, the cryptocurrency market has shown some promising rise potential since the rate hike…
Bitcoin moved closer to the $17,000 level on Tuesday. The digital currency dropped to $16,400, its lowest level in the last three weeks. As year-end approaches, BTC could face high volatility and low liquidity. Bitcoin Hit A Brief Surge Bitcoin surged to a short-lived peak of $16,837 in today’s session, barely 24 hours after hitting…
The crypto market has been through a rollercoaster of a weekend. It follows on the back of bitcoin listing its footing above the $40,000 level last week, although the digital asset has done a good job holding above the $36,000 support level. However, it seems that the end of this bear trend may not be…
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…