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Bitcoin Nears $58K, Triggering Downward Spiral Of Bitcoin ETFs Amid Market Selloff
Monday, August 12, 2024 - 6:59am | 585The price of Bitcoin (CRYPTO: BTC) is approaching $58,000, leading to a significant decrease in exchange-traded funds (ETFs). What Happened: According to Benzinga Pro, the iShares Bitcoin Trust ETF (NASDAQ:IBIT) saw a decrease of 3.53% during Monday’s pre-market trading. The Grayscale Bitcoin...
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Here's What Robert Kiyosaki Is Going To Do If Bitcoin Falls To $200 In The 'Biggest Everything Crash'
Wednesday, April 3, 2024 - 10:41am | 682“Rich Dad Poor Dad” author Robert Kiyosaki has responded to economist Harry Dent’s prediction of a massive financial crash, expressing his investment strategy if the prediction comes true. What Happened: On Tuesday, Kiyosaki took to X, formerly Twitter, to share his thoughts on...
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Fierce Bitcoin Critic Peter Schiff Warns 'An Even Bigger Crash Likely Lies Ahead' For King Crypto
Tuesday, March 19, 2024 - 7:47am | 656Renowned economist Peter Schiff has issued a warning to Bitcoin (CRYPTO: BTC) holders, predicting a larger crash in the cryptocurrency’s value. What Happened: In a tweet on Monday, Schiff reminded Bitcoin holders of the currency’s significant drop in value from November 2021 to a year...
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One Human Error Wiped Out Billions In Bitcoin Value: Ex-Alameda Research Employee
Thursday, September 21, 2023 - 11:10am | 617A former Alameda Research employee recently discussed how an event lead to a dramatic 87% drop in Bitcoin's (CRYPTO: BTC) value back in October 2021 — less than a year before Alameda and FTX went bankrupt. The plunge, which saw Bitcoin plummet from $65,000 to a mind-numbing $8,000 on...
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Analyst On Terrible September For Bitcoin: 'Chances For Massive Crash Unlikely' — Here's Why
Wednesday, September 6, 2023 - 6:45am | 561A pseudonymous crypto analyst has issued a cautionary outlook for Bitcoin (CRYPTO: BTC) in the coming month titled “Terrible September Ahead for Bitcoin: 5 Things To Keep In Mind This Month.” What Happened: The analysis offers a comprehensive view of what Bitcoin investors may...
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Bernstein Talks MicroStrategy Debt, Bitcoin Holdings While Berenberg Raises Price Target
Wednesday, July 12, 2023 - 11:56am | 488MicroStrategy (NASDAQ: MSTR) may sell its Bitcoin (CRYPTO: BTC) holdings in the event of severe price drops, particularly around the time its debt is due in mid-2025. That's according to a report from financial adviser Bernstein, cited by Coindesk. However, robust Bitcoin prices would...