Category: Cryptocurrency news

Famous Figure Makes Critical Statements About Bitcoin’s Future: “Saylor Spoiled the Game! BTC May Not Reach These Levels!”

While the leading cryptocurrency Bitcoin continues to hold above $60,000 and move sideways, renowned technology investor and early Uber investor Jason Calacanis has made noteworthy assessments regarding Bitcoin’s future. Jason Calacanis, commenting on the sales and changing strategy of Strategy, one of the largest institutional Bitcoin holders, argued that the company and its founder Michael […]

Fed decision making comes into focus as bitcoin holds steady, bond yields surge

Bitcoin BTC$64,427.54 remains in its weeks-long $60,000 and $67,000 range in advance of today’s minutes from last month’s Federal Reserve interest-rate setting meeting. After briefly climbing through $65,000 yesterday, the largest cryptocurrency has dropped about 0.5% since midnight UTC. The broader CoinDesk 20 (CD20) index is little changed over the same period. Softer economic data […]

Bitcoin Bulls vs. Bears: Why BTC Is Consolidating Despite Massive Institutional Dumps

In the past month, Bitcoin ($BTC) has been continuously grinding sideways between $62,000 and $66,000, with a press-time price of $ $64,595. Source: TradingView While dull, this consolidation is a testament to market resilience amid substantial selling pressure. It also reflects the positive market sentiment surrounding Goldman Sachs’ prediction of an “unlikely” September Fed Interest […]

Scaramucci Names One Reason to Be Optimistic About Bitcoin Bear Market

Anthony Scaramucci believes Bitcoin’s current bear market could be a sign of strength. He has argued that the cryptocurrency has avoided the much deeper drawdowns that were typical for the previous bear market cycles. During his conversation with CNBC’s Andrew Ross Sorkin from the SALT Conference’s Wyoming Blockchain Symposium, the SkyBridge Capital founder said Bitcoin […]