Bitcoin Faces Risk From ‘Maxed Out’ U.S. Consumers, Analyst Says
U.S. consumers are accumulating debt at a slower rate, data released Wednesday showed.
Bitcoin
Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains
An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.
AI picks 3 cryptocurrencies to buy the dip in this crash
The financial markets have been in turmoil, with both traditional and crypto assets experiencing significant declines. Notably, on August 4, … Continue reading
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Is BlackRock selling its Bitcoin?
BlackRock (NYSE: BLK) has actively accumulated Bitcoin (BTC), especially for the exchange-traded fund (ETF) managed by its subsidiary, iShares (IBIT). … Continue reading
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Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound
Solana and its ecosystem tokens look attractive compared to other altcoins and is a “clear option if looking for longs” after the market turmoil, a K33 Research analyst said.
Bitcoin’s Impending ‘Death Cross’ May Trap Bears as Bank of Japan Eases Rate Concerns
The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.
Semler Scientific Studied MicroStrategy’s Success Before Adopting Bitcoin Strategy
It was more than two years before Bitcoin’s birth when Dr. Herbert Semler, who served as a flight surgeon in the Korean War before leading cardiology at a Portland hospital, co-founded Semler Scientific in 2007.Seventeen years later, the medical device manufacturer has converted much of its cash holdings to bitcoin and aims to buy a lot more.
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn’t Buy the Dip
Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.
Bitcoin Jumps Above $56K, Solana Leads Recovery From Monday’s Rout
Asian stocks and futures jumped higher Tuesday, recovering from one of the worst slides in recent years in Monday’s trading session.
Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash
Bitcoin’s 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there’s been multiple occasions of similar drawdowns during previous bull markets.