Crypto Analyst Advises Selling Bitcoin as Market Overbought
In a recent video on the DataDash channel, a crypto analyst cautioned investors to sell their bitcoin as the cryptocurrency market seems to be overbought. The analyst, Nicholas Merten, argued that BTC has experienced an increase of nearly 100% since November 2022 and is likely to face a resistanc ...
James Zhong Sentenced to Prison for Stealing over 51,000 BTC from Silk Road
James Zhong was sentenced to a year and a day in prison by the Southern District of New York court due to his involvement in criminal activities related to the theft of over 51,000 BTC from the infamous Silk Road marketplace. In 2012, Zhong was able to hack the Silk Road's withdrawal processing s ...
Cryptocurrency Market Gains Momentum as Investors Regain Risk Appetite
Investors have regained their appetite for risk. This can explain the growth of the cryptocurrency market during the week. The rise in the price of bitcoin catalyzes the demand for altcoins. Even Shapella is not a hindrance. ...
Canadian lottery winner targeted by cryptocurrency scammers on Facebook
Scott Gurney, a 58-year-old Canadian man who won $55 million in a lottery, has become a victim of cryptocurrency scammers who are impersonating him on Facebook. These scammers are creating fake accounts with his name and photo, and then sending friend requests to unsuspecting users. On these f ...
London Stock Exchange partners with Global Futures and Options to launch UK’s first regulated bitcoin futures and options trading
The London Stock Exchange has joined forces with Global Futures and Options to introduce the UK's premier controlled trading platform for bitcoin futures and options. This groundbreaking collaboration between the LSE and the GFO-X trading platform has been announced via a joint statement, confirm ...
Investor and Crypto Fund Manager Predicts Bitcoin to Reach $300,000 or Even $500,000
During a recent interview with cryptocurrency analyst Scott Melker, Dan Tapiero, an investor and cryptocurrency fund manager, expressed his confidence in the growth of Bitcoin. He predicts that the first cryptocurrency could reach $300,000, and possibly even $500,000, in the near future. To sh ...
Galaxy Digital Founder Predicts Bitcoin Price to Reach $40,000 if US Fed Cuts Interest Rates
Galaxy Digital founder Mike Novogratz has recently shared his thoughts on the future of bitcoin's price, stating that it could potentially reach $40,000 in the event that the US Federal Reserve decides to cut interest rates. Novogratz is optimistic about the prospects of both Bitcoin and Ethereum ...
Warren Buffett Criticizes Bitcoin as a “Gambling Asset”
Warren Buffett, the renowned investor and head of Berkshire Hathaway, has once again voiced his criticism of Bitcoin, stating that the cryptocurrency is an asset that lacks intrinsic value and is only suitable for gambling. In an interview with CNBC's Squawk Box, Buffett advised "sane investors" ...
Bernstein Research Recommends Bitcoin over Gold for Better Profitability
According to a recent report by Bernstein Research, experts suggest that gold investors should consider investing in Bitcoin for higher profitability in the foreseeable future. Despite Bitcoin's impressive 71% growth since the beginning of the year, many investors are still skeptical about its lo ...
Argentina’s CNV Approves First Bitcoin Futures Index in Latin America
The Bitcoin Futures Index has been approved by the National Commission of Values of Argentina (CNV) as part of their strategic innovation program, marking a significant step forward for the country's financial sector. This new futures index is set to be the first of its kind in Latin America and ...