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American writer, TV and radio host Dave Ramsey has criticized cryptocurrencies, calling investments in them stupid and comparing them to throwing money away on gambling. Ramsey said cryptocurrencies are untested investments. The financial expert compared digital assets to commodities, gold, and…
Bitcoin rose above $116,000 after the release of the US Consumer Price Index (CPI), and traders were filled with optimism. BTC/USD 1-day chart. Source: Bitstamp Inflation data strengthens bets on interest rate cuts According to Bitstamp and TradingView, the BTC/USD rate…
Short-term holders are posting losses again for the first time in four months, CryptoQuant said. The SOPR indicator fell below the breakeven line despite the rise in the price of Bitcoin. Analysts note weak activity among retail investors and the absence…
Bitcoin can solve two of Africa's main problems – the devaluation of national currencies and inflation, said the head of Africa Bitcoin Corporation (ABC) Stafford Maisie. According to Maisie, Bitcoin holders in Europe, America and the Middle East mostly view it…
In December 2013, GameKyuubi posted on the Bitcointalk forum with the title “I AM HODLING.” High on whiskey and upset by Bitcoin’s 39% drop in a day, he meant to write “holding,” but made a typo. That accidental mistake turned into…
The era of easy money in corporate reserves is ending, the market is entering a competitive phase. Coinbase points out that the 'September effect' for Bitcoin is illusory. Fed rate cuts to support digital asset growth in final quarter of year…
The world has entered an era where gold and bitcoin are the main assets that help preserve wealth and support the dominance of the US dollar, says Flying Frisby newsletter author and MoneyWeek chief columnist Dominic Frisby. De-dollarization is gaining momentum,…
Prominent angel investor Jason Calacanis recommends that investors avoid shares of MicroStrategy (now Strategy), founded by Michael Saylor. Instead of investing directly in the company, he advises investing directly in Bitcoin. Kalakanis' key arguments: Strategy shares are “complex, multi-layered” and investors…
Bitcoin (BTC) has broken through the $112,000 resistance that has held it back for weeks and is now trading at $115,104. Meanwhile, the market is giving bullish signals Let's figure out what's happening in the Bitcoin (BTC) market and what to…
BitMEX crypto exchange co-founder Arthur Hayes told Kyle Chase on a YouTube podcast that Bitcoin investors should give up the desire to make a profit here and now and be patient. According to him, comparing the dynamics of the leading digital…
Galaxy Digital's head of research says the market is underestimating the likelihood of a strategic bitcoin reserve announcement. The White House and Congress have already taken steps in this direction, including an executive order and a bill. Experts disagree on the…
The founders of the American crypto exchange Gemini, Cameron and Tyler Winklevoss, suggested that the rate of the first cryptocurrency could easily grow tenfold. On CNBC's Squawk Box, the twin brothers called Bitcoin the modern version of gold. Tyler Winklevoss suggested…