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JPMorgan CEO Jamie Dimon Warns Against Hasty Rate Cuts, Emphasizes Caution Amid Bitcoin Surge
Wednesday, March 13, 2024 - 1:30pm | 697JPMorgan Chase & Co. CEO Jamie Dimon's opinion is highly valued when it comes to topics in economics and finance. So, when Dimon discusses topics ranging from rate cuts to Bitcoin, it is worth listening. At the Australian Financial Review Business Summit, Dimon spoke first about rate cuts...
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Bitcoin Liquidity Crisis Incoming? Bitcoin ETF Demand Surges And New All-Time Highs
Tuesday, March 12, 2024 - 6:10pm | 755Bitcoin has been on a tear in 2024. Over the past several weeks, the token has reached multiple new highs. While many factors have contributed to this buying pattern, one of the more interesting elements of the recent run is the approval of spot Bitcoin exchange-traded funds (ETFs). Don't...
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Donald Trump Says He Would Not Crack Down On Bitcoin Or Crypto If Elected President
Tuesday, March 12, 2024 - 2:30pm | 671Earlier this week, former president Donald Trump went on CNBC to discuss Bitcoin and other related topics. Among the major points were a new regulatory stance from the presidential candidate, as well as some interesting developments from his recent line of Trump Sneakers. In terms of regulation,...
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Bitcoin Breaks All-Time Highs, Elon Musk's Tesla And SpaceX In Major Profit
Tuesday, March 12, 2024 - 12:30pm | 702The crypto wallets of Elon Musk's companies have been located, according to blockchain analytics company Arkham Intelligence. Arkham cross-referenced financial reports with on-chain activity to locate the massive wallets. Tesla Inc. and SpaceX have a combined total of around 19,800 Bitcoins,...
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Michael Saylor: Bitcoin's '$66K To $16K Crash … Shook Out The Nonbelievers' As MSTR Is Up 650% In The Past Year
Monday, March 11, 2024 - 3:03pm | 721MicroStrategy Inc. Chairman Michael Saylor discussed his views on Bitcoin and how his company will handle its huge investment going forward during an interview on CNBC. "We’re buying it to hold it 100 years. So, that being the case, that $66,000 to $16,000 crash. That shook out the...
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Bitcoin Above $70K; MicroStrategy Takes On $700 Million In Debt Offering To Keep Buying
Friday, March 8, 2024 - 7:28pm | 648Bitcoin catapulted above $70,000 for the first time when the market opened at 9:30 a.m. EST on March 8. The new high was $70,170, breaking last week’s record of just over $69,000. The token jumped above the $70,000 level briefly before selling off throughout the morning. At the time of...
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Trump Meme Coin Nears $500 Million Market Cap - Is PoliFi The New "In" For Retail Investors?
Thursday, March 7, 2024 - 5:42pm | 700Usually, meme coins are related to dog memes or other innocuous pop culture icons. However, with the presidential election looming, the crypto community is looking to combine memes, crypto and politics into a new asset class some are calling "PoliFi." MAGA Coin (TRUMP) is one of the tokens...
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Why A $9,000 Drop In BTC Doesn't Matter
Thursday, March 7, 2024 - 5:00pm | 711Last week, Bitcoin hit new all-time highs of over $69,000. However, the token quickly sold off, dropping as low as $60,000. While the price has recovered since then, the quick drop in price was enough to scare some investors, but not all were shaken. Some, if not most, Bitcoin investors are...
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Mike Novogratz Doesn't Think Bitcoin Ride To The Top Was Fun Enough: 'Can't Find One Chart In The Universe...'
Wednesday, March 6, 2024 - 7:29am | 709Mike Novogratz, an influential figure in the cryptocurrency world and CEO of Galaxy Investment Partners, recently expressed skepticism about Bitcoin’s (CRYPTO: BTC) ability to sustain its recent surge in value. He anticipates a period of volatility ahead. What Happened: On Tuesday, Novogratz...
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Bitcoin Supply Squeeze? ARK Invest's Cathie Wood Predicts $1M+ Bitcoin Price
Tuesday, March 5, 2024 - 2:06pm | 680While many have made claims on where they see Bitcoin going in the future, very few are as notable as the predictions made by Ark Invest CEO Cathie Wood. Her base case for 2030 is a Bitcoin price of $600,000, almost 10 times that of the current price. In her bull case, she sees Bitcoin reaching $1....
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Bitcoin Surges Above $68,000: Analysts Target $80,000 Soon
Monday, March 4, 2024 - 8:16pm | 741Bitcoin has been surging for the past weeks and months. The top token by market cap has increased more than 50% in the past month and more than 150% in the last 6 months. Its market cap has surpassed $1.3 trillion, larger than nearly all publicly traded companies. However, despite the recent pump,...
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MicroStrategy's Michael Saylor Made $1.2 Billion In 3 Days Following Bitcoin Boom
Friday, March 1, 2024 - 6:26pm | 740Though MicroStrategy is a software and AI company, they are hoping to rebrand themselves into the "the world's first Bitcoin development company". Led by chairman Michael Saylor, they are putting their money where their mouth is, literally. Saylor and MicroStrategy have acquired 193,000 Bitcoins...
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Influential Crypto Analyst Says His Veteran Banker Wasn't Bullish Last Year, But Then Bitcoin Spot ETFs Happened: 'BTC Is Now On The Recommend List For Everyone'
Thursday, February 29, 2024 - 7:48am | 587Cryptocurrency analyst Willy Woo expressed his bullish view on Bitcoin’s (CRYPTO: BTC) future, attributing his optimism to increased institutional interest following the approval of the spot ETF. What Happened: On Thursday, Woo took to Twitter to share his thoughts on Bitcoin’s demand...
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When Asked Whether His Firm Would Sell Its 193,000 BTC Stash, Saylor Said, 'Bitcoin Is The Exit Strategy'
Wednesday, February 28, 2024 - 3:09pm | 693MicroStrategy Inc., led by Chairman Michael Saylor, has been buying more Bitcoin since 2020. Most recently, it bought an additional 3,000 Bitcoin for $155.4 million in February. Accumulating Bitcoin has proven to be a successful investment strategy, allowing the company to see nearly $5...
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'What Happens If Bitcoin Crashes?' — 'Rich Dad Poor Dad' Author Robert Kiyosaki Says Market Crashes Are Assets Going On Sale
Wednesday, February 28, 2024 - 2:30pm | 623"Rich Dad Poor Dad" is one of the most influential books of the past several decades. Written by Robert Kiyosaki, the book advocates for financial literacy and independence. The book has changed the lives of many, and Kiyosaki has gained lots of influence in the finance community. Though...