Tag Archives: Bitcoin News

Bloomberg crypto strategist Mike McGlone doesn’t believe that the worst days of bitcoin are behind it, and he says the world’s number one digital currency by market cap is likely to run into trouble again like it did in 2022. Mike McGlone on the Future of BTC That year was arguably the worst on record for bitcoin, with the asset losing as much as 70 percent of its value. The currency rose to a new all-time high in November of 2021 ($68,000), though a year later,...

French Hill – a republican representative of Arkansas – is passionate about crypto, and he’s taking a leading role in ensuring the U.S. invokes appropriate crypto regulation in the coming future. French Hill and Digital Currency Hill is currently leading a discussion amongst House republicans on the uncertainty of crypto in the U.S. He also serves as the House Financial Services Committee’s vice chair and leads its Subcommittee on Digital Assets, Financial...

Bitcoin price is attempting a fresh increase from the $29,525 zone against the US Dollar. The price is now trading below $30,400 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $30,180 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $30,400 resistance zone. Bitcoin price is rising from $29,525 against the US Dollar. BTC might eye...

Not long ago, we put out an article talking about how May was the worst month for bitcoin this year. The currency ended May about two percent less than where it had been in previous months, and this was the first time this year in which BTC didn’t finish a 30-day period on a high. Mike Novogratz – a bitcoin bull and hedge fund manager – had a lot to say on the matter as he made clear in a recent interview. Mike Novogratz on the Current State of BTC In his...

Arthur Hayes – the former chief executive of crypto exchange BitMEX – has commented that quarters three and four of this year are going to be among the best for bitcoin. Arthur Hayes on the Fate of BTC For the most part, 2023 has been a powerful year for the crypto arena. The world’s biggest and most popular digital currency by market cap has surged more than 60 percent from where it was at the end of last year, though this doesn’t mean that there isn’t still room...

CoinspeakerValkyrie’s Spot Bitcoin ETF: SEC Accepts Proposal for Review With the application on the SEC docket, members of the public will have 21 days to comment on Valkyrie's proposal. Valkyrie’s Spot Bitcoin ETF: SEC Accepts Proposal for Review

Bitcoin bull and hedge fund manager Mike Novogratz is again in the news trying to tell everyone that bitcoin and Ethereum are the best long-term investments anyone can take part in. Mike Novogratz Still Loves Bitcoin In a recent interview, Novogratz took issue with the trading volumes for both cryptocurrencies, which appear to be somewhat down at the time of writing. He said bitcoin and Ethereum are the best items a person can invest in over the next several...

CoinspeakerUS SEC Reviewing All Recent Spot Bitcoin ETF Applications The US SEC has started reviewing all the spot Bitcoin ETF filings re-submitted by all applicants along with a "surveillance sharing" clause. US SEC Reviewing All Recent Spot Bitcoin ETF Applications

CoinspeakerJPMorgan Shows Hurdles Ahead for Bitcoin Miners as Halving Is Getting Closer The report highlights that the rapid growth in the Bitcoin hashrate is unlikely to continue at the same pace after the halving event. JPMorgan Shows Hurdles Ahead for Bitcoin Miners as Halving Is Getting Closer

CoinspeakerElon Musk Confirms Twitter’s Negative Cash Flow amidst 50% Plunge in Ad Revenue Insufficient earnings on Twitter suggest that the platform's advertising revenue may not have rebounded as quickly as previously anticipated. Elon Musk Confirms Twitter’s Negative Cash Flow amidst 50% Plunge in Ad Revenue