Bitcoin could be in for a massive bull run ahead of the next halving event. The world’s largest cryptocurrency by market capitalization has already provided exceptional returns in 2023, with approximately an 80% climb year-to-date. At press time, the crypto asset was trading at $29,495, down over 2.71% in the past seven days. The Bitcoin halving -also known as “the […]

Charlie Morris, who is the Founder and CIO of ByteTree Asset Management, believes that gold and Bitcoin are set to experience significant and lasting gains due to a weakening dollar and increasing sovereign risk. Per a report by Kitco News published on April 17, Morris believes the econometrics are clear-cut, suggesting that investors in gold and Bitcoin are unlikely to […]

According to Bloomberg Intelligence Senior Macro Strategist Mike McGlone, the current gold rally is here to stay, even as the stock market and crypto markets face an incoming correction. On April 14, during an interview with Yahoo Finance Live, McGlone said that while gold is currently experiencing a slight pullback, it is inevitable that it will break through the $2,000 […]

Legendary investor Ray Dalio remains unswayed by Bitcoin’s impressive rally at the start of the year, maintaining his stance that the cryptocurrency is neither a reliable store-of-value asset nor a medium of exchange. Dalio is the founder of Bridgewater Associates. The 73-year American, whose net worth is estimated to be around $19.1 billion (as of APRIL 16, 2023), created the asset management firm Bridgewater […]

Veteran macro investor Dan Tapiero shared his views on the growth of the cryptocurrency market in a recent interview with Scott Melker. Tapiero is Managing Partner and CEO at 10T Holdings, which is a growth equity fund focused on investing in mid-to-late-stage digital asset ecosystem (DAE) companies. Portfolio companies include Ledger, Nova Labs (which develops the Helium blockchain), and Animoca […]

After the price of the flagship cryptocurrency Bitcoin ($BTC) surpassed the $30,000 mark earlier this month, some cryptocurrency analyst have started anticipating further rises, with one analyst pointing to a historical chart pattern that suggests BTC is set to skyrocket in the near future. Bitcoin, according to pseudonymous crypto analyst BitQuant, has completed its final pullback before “heading to the […]

The London Stock Exchange will soon offer clearing services for Bitcoin futures and options. The BTC index derivatives clearing will be made available through the group’s clearing subsidiary LCH. LCH will provide clearing for cash-settled BTC index derivatives on the UK-based GFO-X exchange.  The London Stock Exchange Group has announced its plans to offer the clearing for Bitcoin index futures […]

Cryptocurrencies continued to trade in the negative territory after data released by the U.S. Bureau of Labor Statistics showed core inflation rising along expected lines. Headline inflation on an annual as well as month-on-month basis dropped more than expected. Annual consumer price inflation in the U.S. dropped to 5 percent in March, from 6 percent in the previous month. Markets […]

The bitcoin price zoomed past the psychologically-crucial $30,000 mark as the flagship cryptocurrency continued a bull run that began at the beginning of this year. The last time BTC reached these levels was in June of 2022 — nearly 10 months ago. Bitcoin regaining its $30,000 price tag comes as analysts at Bernstein compare the world’s foremost cryptocurrency to a […]