The price of Bitcoin has taken a hit this year, but its investment thesis hasn’t changed, BlackRock has said. Bitcoin’s price is down nearly 50% since its October record. But investors shouldn’t worry, the world’s largest asset manager has said, and the cryptocurrency still plays a role as “a global monetary alternative.” In a report […]
Schwab strategist Jim Ferraioli said Strategy’s recent preferred stock actions have eased near-term liquidity concerns despite Bitcoin’s decline. Strategy remains under pressure as Bitcoin hovers near $60,000, but recent capital moves have bought the company time, according to Jim Ferraioli, director of crypto research and strategy at the Schwab Center for Financial Research. Speaking on […]
OpenAgents, an open-source artificial intelligence lab building Bitcoin-native infrastructure for machine learning, today announced its graduation from the BitcoinFi accelerator and the close of $1.3 million in pre-seed funding. The company is using the capital to expand Pylon, its distributed compute node that lets people sell spare compute for Bitcoin, and to accelerate work on […]
Bitcoin is more than just a cryptocurrency—it has become a global financial asset with unique market dynamics. While many traders focus on price speculation, professional traders analyze Bitcoin’s behavior from multiple angles: on-chain activity, macroeconomic influence, and market sentiment. The Unique Nature of Bitcoin Unlike traditional assets, Bitcoin has no central authority, no intrinsic earnings, […]
Bitcoin’s failure to hold above $88,000 raises chance of a liquidity grab below the price range lows as long-term holders are showing new signs of accumulation. Bitcoin (BTC) tapped $88,700 this week but has since corrected to just below $87,000 on March 27. The recent rejection from the $88,000 resistance level raises questions about whether […]
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Tether is in discussions with a Big Four accounting firm to conduct a full financial audit, the US Treasury Department has officially removed crypto […]