Kerrisdale Capital has argued in a recent report that MicroStrategy’s shares have become overvalued. “We are long Bitcoin and short shares of MicroStrategy, a proxy for Bitcoin which trades at an unjustifiable premium to the […]
Federal Reserve Chair Jerome Powell reassured the nation, asserting a strong stance against the looming fear of recession, while Bitcoin gains as a hedge. Powell’s confidence stems from analyzing current economic data and trends, disassociating […]
On March 28, Into The Cryptoverse CEO Benjamin Cowen postulated whether the current Bitcoin market cycle is normal or a “left-translated” one, where the peak occurs earlier than usual. Bitcoin has already notched up a […]
BlackRock CEO Larry Fink shared his insights on the financial markets, highlighting his optimism toward Bitcoin’s future. Fink, who steers the world’s largest asset management firm, expressed a bullish stance on Bitcoin, which has seen […]
Bitcoin’s dominance has increased to 52% on some sources after the asset attempted to surpass the $71,000 level but failed, currently just under $70,000 as of Thursday (March 28th). Altcoins have experienced greater retracement, which […]
The anticipation surrounding Bitcoin’s upcoming halving has sparked a notable shift in investors’ sentiment. Goldman Sachs, for instance, is witnessing a surge in interest from its hedge-fund clients towards the crypto market. This resurgence in […]
Over the weekend, the fifth richest Bitcoin address transferred $6 billion worth of the asset to three new wallets. The transfer occurred amid increased institutional interest in BTC, driven perhaps by the upcoming halving in […]
The allure of Bitcoin continues to spark debate, with proponents touting its skyrocketing value and critics warning of a potential bubble. This weekend, a prominent crypto advocate and CEO, Michael Saylor, reignited the discussion by […]
On March 25, news surfaced on the internet about Nilam Resources, a South American gold mining stalwart, announcing a strategic shift towards Bitcoin. It detailed an ambitious acquisition of MindWave, which holds a staggering 24,800 […]
Bitcoin (BTC) has established a local bottom at $56,000 for its current trading range following a 17.5% decline from an all-time high of $73,700. Bitfinex analysts revealed in the latest edition of the Bitfinex Alpha […]
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