Category: Cryptocurrency news

As US Debt Exceeds $40 Trillion, Investors Turn to Gold, Swiss Francs, and Bitcoin! Here Are the Details

Following the US national debt exceeding $40 trillion, some investors are reportedly turning to assets other than the dollar. In an interview, Michael Bucella, co-founder of Neoclassic Capital, stated that gold, the Swiss franc, and Bitcoin ($BTC) are among the preferred assets seeking to hedge against the risk of currency depreciation. According to Bucella, the […]

A Bold Claim from an Experienced CEO: “The Fed’s Interest Rate Hike Will Benefit Bitcoin”

Michael Howell, CEO of CrossBorder Capital, known for his work on global liquidity, argued that a potential Fed interest rate hike doesn’t necessarily have to be negative for Bitcoin, contrary to popular belief. According to Howell, the determining factor in the modern financial system isn’t the level of the policy interest rate, but rather maintaining […]

BlackRock scooped up over $500 million of these cryptocurrencies on Monday

BlackRock attracted more than $500 million into its U.S. cryptocurrency exchange-traded funds (ETFs) on Monday, September 21, as institutional demand for digital assets accelerated alongside a sharp rally in Bitcoin (BTC) and Ethereum (ETH). Notably, BlackRock’s iShares Bitcoin Trust (IBIT) recorded $381.4 million in net inflows during the session. Bitcoin spot ETF chart. Source: CoinGlass […]