In a recent tweet, Schiff noted that Bitcoin is trading below 27 ounces of gold and is down more than 27% from its high two and a half years ago. Well-known Bitcoin critic Peter Schiff has once again highlighted his views on the leading cryptocurrency, comparing it to gold and expressing concerns about what he […]
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Bloomberg ETF expert Eric Balchunas offers insight into emerging trends, highlighting the current state of ownership and the potential for further growth. Asset manager Blackrock has become the leader in the Bitcoin ETF race in terms of inflows with its IBIT ETF, which is attracting increasing attention from institutions as a key development demonstrating its […]
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Bybit CEO Ben Zhou attributes the current cryptocurrency bull market to institutional investors, with a 186% increase in institutional capital flows last year. The cryptocurrency market witnessed a new bull run, hitting an all-time high of $73,750 on March 14, driven not by retail buying but by a steady influx of institutional capital, says Ben […]
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Bitcoin is posited as a superior savings tool due to its immutable scarcity and resistance to asset devaluation. Following the halving, lower Bitcoin supply inflation is expected to cause significant price appreciation, based on historical trends. Today, traditional assets are continually degraded due to overproduction and inflation. Bitcoin emerges as a beacon of stability for […]
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“Traditionally, this phase of the Bitcoin market cycle has been very positive for investors. The future is unpredictable, but if we look at certain events during this halving we can find positive indicators about the way forward,” says Christopher Gannatti, head of analysis at WisdomTree. The fourth halving in Bitcoin history is near. According to […]
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