Bitcoin is flirting with $100,000 once more as it hovers between $99,200 and $99,700 this early European morning. Today (May 8), the lead cryptocurrency looks set to retest $100k for the first time since early February this year. In anticipation of a move above $100k, investors are rotating into Bitcoin beta play STX crypto, which … Read more
The traditional financial market has been rocked by a major bear trend, which has been fueled by President Donald Trump’s tariff hikes. As a result, the stock market has recorded massive losses over the past weeks. On the flip side, the crypto market has managed to stay afloat, with the leading cryptocurrency Bitcoin outpacing stocks … Read more
Lightspark has announced a new partnership with Revolut to enhance payment infrastructure using the bitcoin network in the UK and select European countries. This collaboration aims to eliminate delays and high network fees associated with traditional payment systems, enabling seamless transactions powered by advanced open technology. Revolut will connect to the open Money Grid, joining … Read more
Bias for Euro (EUR) is tilted to the downside vs US Dollar (USD); any decline is likely limited to a test of 1.1280. In the longer run, current price movements are likely part of a consolidation phase between 1.1225 and 1.1410, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Any decline is … Read more
The latest weekly analysis shows that the cryptocurrency market is experiencing a significant divergence. Most regularly analyzed sectors have maintained a constant correlation with Bitcoin’s price movements. However, during the last week of October 2023, the AI sector dropped by over 7 percent. In stark contrast, some projects that operate on their own legal premises … Read more
Key Points: Trump administration lifts Biden-era AI chip restrictions, impacting markets. Semiconductor stocks rise pre-market as investors react positively. Policy change expected to expand markets and reduce compliance costs. In a significant policy shift, the Trump administration announced plans to lift AI chip export restrictions on May 8th. The policy reversal could notably enhance U.S. … Read more
Arthur Hayes didn’t pull punches in Dubai. At TOKEN2049, the ex-BitMEX chief laid out a straight-shot prediction: Bitcoin at $250K by the end of 2025. WTF Arthur?! You good bruh? Maybe it’s been Arthur who has been a /biz/ and Reddit mod all these years, trying to hype our bags. Arthur says we’ll see a … Read more
Robert Kiyosaki is back in the headlines, doubling down on Bitcoin while taking another swing at the dollar and gold. The Rich Dad Poor Dad author, never shy about calling fiat money a scam, now frames Bitcoin as the new gold—only leaner, faster, and less tied to governments he doesn’t trust. – Price Market Cap … Read more
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Is Bitcoin poised to hit $110,000? With $16B in leveraged shorts at risk of liquidation and strong institutional buying, BTCUSDT could surge to new all-time highs. Earlier this week, Changpeng Zhao, the founder of Binance, urged retail investors to buy Bitcoin now, stating they’ve had 15 years to invest. In an interview, Zhao predicted the … Read more