El Salvador, the first country to make Bitcoin legal tender (in September 2021), has passed legislation allowing the country to issue sovereign Bitcoin-backed bonds.  According to a report by Bloomberg, El Salvador’s congress has approved a new digital securities law that would allow for raising funds via the “world’s first sovereign blockchain bond.” The bill, approved by 62 votes to […]

Large Bitcoin ($BTC) investors, also known as whales, are “beginning to take interest” in the cryptocurrency’s price movements as it rallies past the $19,000 mark for the first time since November 2022 as inflation appears to cool down. According to on-chain analytics firm Santiment, Bitcoin transactions worth $1 million or more have started to rebound to levels last seen in […]

Cryptocurrencies surged above the $900 billion market cap amidst euphoria surrounding the fall in CPI readings in the U.S. Bitcoin traded above the $19k level, a level last seen on November 8, just before the FTX bankruptcy announcement. As expected, headline CPI for December cooled to 6.5 percent, from 7.1 percent in November while core inflation declined to 5.7 percent, […]

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Cryptocurrencies mirrored the subdued tone in world markets as monetary policy anxiety reappeared ahead of a speech by Fed Chair Jerome Powell and Thursday’s release of CPI numbers from the U.S. Hawkish comments from officials of the Federal Reserve and the European Central Bank dampened hopes of the expected drop in inflation leading to a quick policy pivot by central […]

Although both $BTC and $ETH are currently down roughly 75% from their all-time highs (which were reached in November 2021), quite a few recent tweets and articles about these two cryptocurrencies suggest that the general perception in the crypto community is that the latter is probably a better long-term bet. It is difficult to definitively say whether Ether (ETH) is […]

Shares of Collegium Pharmaceutical, Inc. (COLL) are rising more than 7% Wednesday morning after the company provided full-year revenue outlook, better than analysts’ view. Collegium expects product revenues to be in the range of $565.0 million-$580.0 million for 2023. Analysts, on average, expect revenue of $550.58 million for the year. COLL is at $25.46 currently. It has traded in the […]

In a video update released on 31 December 2022, James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, shared his predictions for Bitcoin and Ethereum in 2023. According to a report by The Daily Hodl, Mullarney had this to say about Bitcoin: “Late 2023, or sometime after summer 2023, the Bitcoin bull run could begin again. No guarantees in this […]

Popular cryptocurrency analyst Willy Woo has commented on bullish $1 million Bitcoin ($BTC) price predictions that have been made over the past several months, including from former Goldman Sachs executive Raoul Pal and from an Ark Invest analyst. In tweets shared with Woo’s over one million followers on the microblogging platform, Woo addressed the $1 million Bitcoin price predictions that […]