Category: Bitcoin

[ad_1] The global crypto market rose 1.6% despite a volatile week, ending just under $3.8 trillion in market cap. Bitcoin, which started the week near $114,000, plunged below $103,600 on Oct. 17, then rebounded to close above $108,000. Bitcoin Plunges, Then Stages a Resilient Recovery A turbulent week saw the global crypto economy struggle to…

[ad_1] A recent 10X Research report has estimated that retail investors lost about $17 billion due to their exposure to Bitcoin treasury companies. The losses reflect a broader decline in investor enthusiasm for Digital Asset Treasury Companies (DATCOs). Firms such as MicroStrategy and Metaplanet have seen their stocks tumble in tandem with Bitcoin’s recent price…

[ad_1] CZ hits back at Peter Schiff’s “brutal bear market” warning, dismissing the gold advocate’s Bitcoin criticism as short-sighted and historically insignificant. Binance co-founder Changpeng Zhao (CZ) has pushed back against Peter Schiff’s latest prediction for Bitcoin. This is after the economist’s recent warning of a “brutal” bear market looming over the digital asset.…

[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Deutsche Bank analysts have highlighted parallels between gold and Bitcoin, as both assets continue to outperform this year. Other analysts have also made bullish predictions for BTC, noting that the flagship crypto appears to be mirroring the precious metal’s price action…

[ad_1] Bitcoin infrastructure company Babylon Labs claimed to have developed a system that enables native Bitcoin to be used as collateral for borrowing assets on Ethereum. Babylon Labs co-founder and Stanford University professor David Tse said on Wednesday that the company built a proof-of-concept that allows native Bitcoin to be used “trustlessly” as collateral for…

[ad_1] Lombard, a Bitcoin-based decentralized finance (DeFi) platform, and Story, a layer one (L1) blockchain designed to make intellectual property (IP) programmable, have announced a strategic partnership aimed at linking Bitcoin-backed finance with digital content monetization. Lombard and Story Form Partnership to Integrate Bitcoin Into Intellectual Property Finance According to Lombard‘s announcement shared with Bitcoin.com…

[ad_1] Recent data from the Bitcoin options market indicates a significant increase in trading volume betting on a price decline over the past 24 hours. Greeks.live, a crypto options analytics firm, noted a significant trend. A post on X on Thursday showed that more than $1.15 billion has poured into out-of-the-money (OTM) put options. Key…

[ad_1] Economist Peter Schiff renews attacks on Bitcoin, claiming its latest crash exposes the myth of “digital gold” amid rising gold prices. Long-term Bitcoin critic Peter Schiff is at it again, this time challenging the cryptocurrency’s narrative as ‘digital gold.’ This follows the asset’s recent dip that was triggered by increased geopolitical tensions…

[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Michael Saylor, the executive chairman behind Strategy’s massive Bitcoin reserves, shared a short but powerful message on X: “Don’t Stop Believin’.” The post featured a dark Bitcoin chart titled “Bitcoin Price With Purchases” and drew millions of views within hours. The…

[ad_1] Bitcoin could reclaim its all-time high of $125,100 in the coming week, but not without one more major correction, according to veteran trader Peter Brandt. “Either a huge shakeout, which would be confirmed by an ATH quickly within the next week or so,” he said, though he acknowledged there could also be a much…