Bitcoin markets will behave more like that of Treasury bonds and gold during market recovery, said the analysts. The latest crypto market research from Bloomberg Intelligence suggests that Bitcoin may…
Continue ReadingWhile the global economy remains gloomy and the war in Ukraine continues, there’s been significant tension between China and Taiwan. The American representative from California, Nancy Pelosi, plans to visit…
Continue ReadingChangpeng Zhao, the CEO of Binance, filed a lawsuit against Modern Media CL, the publisher of Bloomberg Businessweek in Hong Kong, on Monday, alleging defamation over a title of a…
Continue ReadingA Bloomberg article was republished by its Chinese subsidiary using the title “Zhao Changpeng’s Ponzi Scheme.” Binance CEO Changpeng Zhao is suing Bloomberg Businessweek in Hong Kong, accusing the outlet…
Continue ReadingThe price of BTC could be set for a bullish rebound this year, says Bloomberg’s senior commodity strategist Mike McGlon, as the market shows similar signs to the bottom of…
Continue ReadingThe embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius…
Continue ReadingDownside risks for BNB also come from a recent Reuter exposé that claims Binance laundered “at least $2.35 billion in illicit funds.” Binance Coin (BNB) price dropped by nearly 7.3% on…
Continue ReadingBloomberg analyst Mike McGlone recently appeared in an interview with Kitco News. The interview that largely focused on McGlone’s views on the expanding digital assets industry also included a talk…
Continue ReadingBTC price looks to break out of its downtrend, yet pro traders are still unwilling to add leveraged positions. This week’s Bitcoin (BTC) chart leaves little doubt that the symmetrical…
Continue ReadingBitcoin has long been known as a “store of value,” but is the world’s largest cryptocurrency transitioning to becoming a risk-off asset in 2022? Thursday was a bloodbath for traditional…
Continue ReadingIn the latest hint that Wall Street is pushing farther into crypto, Goldman Sachs has offered its first bitcoin-backed loan. Goldman Sachs Makes History In order to aid to the…
Continue ReadingGoldman has reportedly offered its first ever lending facility backed by BTC as the Wall Street giant deepens its Bitcoin offerings. Goldman Sachs has offered its first bitcoin-backed loan. The…
Continue Reading“For us, we think the cryptocurrency markets represent tremendous growth,” said SkyBridge founder Anthony Scarramucci. SkyBridge Capital is working on pivoting the majority of its assets under management (AUM) to…
Continue ReadingThe U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S.…
Continue ReadingEthereum had always had its price be a strong bone of contention among investors. While some may believe that the digital asset is overvalued, others believe that the cryptocurrency is…
Continue ReadingDOGE’s price could swell by more than 150% on a classic bullish reversal setup known as the falling wedge. A brutal correction witnessed in the Dogecoin (DOGE) market between May…
Continue ReadingGold surpassing Bitcoin’s returns this year is “unlikely,” says Mike McGlone, while former BitMEX CEO Arthur Hayes predicts seismic changes for both assets in the coming years. Bitcoin “may be…
Continue ReadingEarlier this year, the NFT market was bursting with energy. Gaming companies, tech giants, fashion and sneakers companies turned to non-fungible tokens as the next big tech thing. However, three…
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