Category: Cryptocurrency news

Ray Dalio, Who Manages $150 Billion, Says “Gold Is Better Than Bitcoin”; Michael Saylor Responds Immediately

Ray Dalio, founder of Bridgewater Associates, said that Bitcoin ($BTC) is not behaving as a “safe haven” asset as many investors expect. Dalio stated that Bitcoin’s lack of privacy, the fact that transactions are traceable and potentially controllable, and its high correlation with technology stocks are among the main reasons for this situation. According to […]

French Crypto Startup Drops Bitcoin Treasury Plan as Funding Conditions Tighten: Bloomberg

French startup The Bitcoin Society (TBSO), backed by former NBA star Tony Parker and Ledger co-founder Eric Larchevêque, has abandoned plans to build a Bitcoin treasury after deteriorating market conditions made fundraising difficult, Bloomberg reported. Larchevêque said the strategy, announced only months ago, was dependent on frequent capital raises to accumulate Bitcoin, but investor appetite […]

Bitcoin bull cycle indicator flashes green for the first time in 3 years: Is $100k next?

Bitcoin (BTC) may be entering the early stages of a new bull market, with the asset eyeing the $100,000 level after days of consolidation around $80,000. The outlook follows CryptoQuant’s Bull-Bear Market Cycle Indicator turning green for the first time since March 2023, a signal that has historically marked major shifts in Bitcoin’s momentum. The […]

Will Bitcoin price drop below $80K as Coinbase premium stays negative?

Bitcoin price slipped back toward the $81,000 region on Monday as weakening U.S. institutional demand and renewed geopolitical uncertainty triggered another wave of profit-taking across the crypto market. According to data from crypto.news, Bitcoin ($BTC) traded around $80,900 at press time on May 12 after briefly falling toward an intraday low near $80,700. The pullback […]