‘Mini crypto winter’ nearly over, says Tom Lee as Bitmine ramps up pace of ether acquisition
The company now holds more than 4.5 million ETH, worth over $9 billion, though it is sitting on a loss of nearly $8 billion.
News
2 defense stocks to buy this week amid U.S. – Iran war
Traditionally, conflict has been a profitable endeavor for the U.S. defense industry, with the nation’s production capacity expansion during the … Continue reading
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Bitcoin steadies as limited U.S. exposure to oil shocks calms markets
Rising oil prices are shaking global markets, but the U.S. is largely insulated and bitcoin seems to be riding the wave alongside Wall Street.
Bitcoin could face deeper downside as odds of U.S. market meltdown rise to 35%
Veteran strategist Ed Yardeni raised his probability of a stock market crash this year as oil tops $100, the dollar posts its best week in a year, and the Iran conflict expands to Saudi Arabia.
Oil shorts on Hyperliquid get wiped out as crude surges 30% on Iran escalation
Tokenized crude oil futures saw their largest liquidation event on crypto venues as the conflict expanded to Saudi Arabia and Gulf oil production collapsed.
Oil futures surge 20% past $110 as war fears hammer Asian stocks, bitcoin steady near $67K
Nikkei drops more than 6%, and Kospi slides about 8% as traders price supply disruption risk, while prediction markets show strong odds of $120 crude.
Bitcoin tumbles below $66,000 as oil prices explode nearly 20% higher
There was little sign over the weekend of any de-escalation in the war against Iran.
Crypto’s Rock ’n’ Roll Era Is Over
As crypto passes into mainstream use, it’s losing its rebel soul. It may still express rebellion, but won’t be rebellion anymore, says Callon-Butler.
Billionaire investor warns Bitcoin ‘will be lucky to survive’ quantum computing after this period
Canadian billionaire Frank Giustra has warned that Bitcoin (BTC) faces existential risks from quantum computing and artificial intelligence (AI). In … Continue reading
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Bitcoin is still a great way to diversify portfolio even if it trades like a tech stock, analyst says
The central debate has shifted from whether bitcoin can survive to if it can function as a sovereign reserve asset, as critics assess it by institutional standards.