Economist Mohamed El-Erian said on Tuesday that Bitcoin (CRYPTO: BTC) is still dominated by “tourist” investors who fuel short-term price swings, pointing to the heavy outflows from the iShares Bitcoin Trust ETF (NASDAQ:IBIT). Flight Of Speculative …
Here’s Why Bitcoin Rebounded Nicely Before Thanksgiving
Bitcoin’s 4% move higher ahead of Thanksgiving has plenty of bulls counting their blessings.
Why Is Bitcoin Down? Blame Trump, Says Economist Paul Krugman
Bitcoin critic Krugman says it’s no coincidence that BTC is down, just as crypto-friendly President Trump stumbles in the polls.
CryptoQuant says big bitcoin holders increased deposits to exchanges as prices fell
The firm noted that exchange activity in ETH and altcoins also remained elevated, putting further downward pressure on prices.
Here’s Why Bitcoin Is Rallying Just Before Thanksgiving
The digital asset broke $90,000 on Wednesday afternoon, mirroring stocks which also posted strong gains on the eve of Thanksgiving.
Bitcoin rises alongside stocks ahead of Thanksgiving holiday: CNBC Crypto World
On today’s episode of CNBC Crypto World, digital currencies rise alongside gains on Wall Street. Plus, Robinhood acquires a prediction market platform formerly owned by FTX. And Cosmo Jiang of Pantera Capital breaks down the main drivers for the crypto market after the recent sell-off.
S&P Downgrades Tether’s USDT Stability to ‘Weak’ Due to Bitcoin Backing Concerns
S&P Global Ratings has downgraded Tether’s USDT, warning that the industry-leading stablecoin could suffer if Bitcoin’s price crashes.
Xapo Bank expands bitcoin credit fund as it develops ‘suite of BTC wealth products’
Launched in 2013, Xapo also offers bitcoin-backed U.S. dollar loans of up to $1 million and interest-bearing bitcoin and fiat accounts.
Bitcoin vs gold: which is the real king of safety
You can catch Trader Talk on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. When markets crack, do you really know which asset has your back? This Trader Talk segment breaks down the battle between old-world gold and digital upstart bitcoin, comparing their roles as inflation hedges, volatility shock absorbers,
Why the pressure on bitcoin may linger into year-end
A bitcoin sell-off driven by investors that bought BTC at a premium will likely put pressure on the asset through the year’s end, according to Compass Point.