A pandemic-era correlation between Bitcoin and Nasdaq 100 futures is evaporating, stirring the debate about what role the token can play in investment portfolios.
Modi warns bitcoin could ‘spoil’ young Indians
Indian Prime Minister Narendra Modi on Thursday warned that bitcoin presents a risk to younger generations, sounding a hawkish tone as his government prepares to introduce legislation to regulate …
Bitcoin Daily: UBS Group Head Skeptical of Bitcoin’s Longevity; RM Sotheby’s to Take Crypto for Payment
Chairman of UBS Group Axel Weber explains why he feels bitcoin won’t last, RM Sotheby’s will start accepting cryptocurrency payments through BitPay, and more.
How Leverage In The Derivates Market Dipped The Bitcoin Price
Examining leverage in the derivatives market, which can explain some recent bearish price action in bitcoin. The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets …
Three Bitcoin ETFs Have Launched, Which Is Most Attractive?
In past weeks, three new Bitcoin Exchanged Traded Funds (ETFs) have launched. All follow a similar model in tracking Bitcoin futures, rather than tracking the spot price of Bitcoin. Assuming you want …
Cathie Wood says institutional buys make bull case for bitcoin reaching $500,000 by 2026
Ark Investment Management CEO Cathie Wood says institutional investors supports her bullish thesis of bitcoin $500,000 in the next five years.
The US Justice Department is selling $56 million worth of crypto seized in massive bitcoin investment fraud case
The $2 billion BitConnect scheme is the largest cryptocurrency fraud ever criminally charged, the Justice Department said.
Bitcoin miner Iris Energy’s stock jeered on pubic debut, as stock falls well below the IPO price
Iris Energy Ltd. received a downbeat reception on Wall Street on Wednesday, as the Australia-based bitcoin miner’s stock opened even with its initial …
Bitcoin’s failed breakout means it could fall an additional 12% if it drops below key $58,000 support level, technical analyst says
Short-term oversold conditions are within reach for bitcoin … so we would look for [the] pullback to mature later this week,’ Katie Stockton said.
The worst of bitcoin pullback may be over, a technical analyst says
After president Joe Biden on Monday signed a $1 trillion infrastructure bill into law which contains tax reporting provisions for digital assets, …