Press Release

[ad_1] The billionaire investor said that “all roads lead to inflation” in an interview with CNBC on Oct. 22. He added that he was long on gold and long on Bitcoin, stating that commodities are so “ridiculously under-owned.” “I probably have some basket of gold, Bitcoin, commodities, and Nasdaq, something like that. And I own zero […]

[ad_1] CryptoQuant analyst Burak Kesmeci’s recent report revealed a significant notable rise in Bitcoin accumulation addresses, which now surpasses 2.9 million BTC. These addresses have steadily increased their holdings without selling despite the market’s uncertainty, doubling their Bitcoin reserves in just 10 months. This trend highlights a broader market sentiment, where long-term investors, both individual […]

[ad_1] The influence of US economic data on cryptocurrencies and Bitcoin (BTC) in particular continues to become apparent, as investors perceive the pioneer crypto as a flight to safety during times of economic uncertainty. Therefore, crypto traders and investors must brace for possible impact, with three US macroeconomic data releases this week likely to influence […]

[ad_1] In a post on X on Oct. 20, adviser to the Senior Management of the Market Infrastructure and payments business area of the ECB, Jürgen Schaaf, labeled Bitcoin “a speculative bubble that will eventually burst.” He claimed that this would leave behind “substantial social damage amid its high energy use and facilitating illicit payments.” […]

[ad_1] The Bitcoin vs Dollar debate has been a favorite topic among financial analysts, crypto enthusiasts, and the general investing public. As Bitcoin continues its erratic price action, even briefly hitting over $70k last March 2024, the question remains as relevant as ever. So, is Bitcoin a better store of value and hedge against inflation? […]

[ad_1] BlackRock, the issuer of the IBIT ETF, acquired more than $680 million in Bitcoin in the last two days. This comes as IBIT, one of the most successful ETFs, is spiking in price. BlackRock’s executives have praised Bitcoin, and it seems to play a key role in the firm’s future strategies. BlackRock’s Massive Purchases […]