Every time the crypto market enters a dramatic phase, the CEO of ARK Invest Cathie Wood is one of the first investors I turn to in order to understand the dynamics that are changing on the charts. Wood is a veteran investor in the digital asset market. In fact, she claimed that ARK Invest was … Read more
Bitcoin (BTC-USD) traded higher on Thursday as global risk sentiment improved after US President Donald Trump walked back his plan to impose new tariffs on European allies amid his push to acquire Greenland. The largest cryptocurrency by market capitalization (BTC-USD) rose around 1% over the past 24 hours to hover near $90,000 (£66,902), moving along … Read more
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Major cryptocurrencies consolidated, while stocks edged higher on Monday, as investors looked for clues about the “Santa Claus Rally”. Cryptocurrency Profit +/- Price (Recorded at 8:20 pm ET) Bitcoin (CRYPT: BTC) -0.51% $88,552.83 Ethereum (CRYPT: ETH) -0.51% $3,019.10 … Read more
Bitcoin fell below the $87,000 level shortly after Wall Street opened on Monday, as fresh selling pressure triggered a wave of liquidations in bullish positions. The move picked up speed around the opening bell. Several traders pointed to activity on Binance and trading firm Wintermute as major sources of new supply entering the market at … Read more
CNBC host Jim Cramer linked the latest risk move in BTC (BTC) and crypto stocks to growing stress in Japan’s funding markets – and to Strategy’s increasingly tight link to Bitcoin. “This knee-jerk, somewhat vicious, decline smacks of anticipation of hedge funds exploding on Japan’s port-trade, endless worry about ‘harmful’ hypercaler spending and Strategy/Bitcoin since … Read more
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Peter Schiff he once again sounded the alarm, this time warning that the companies that use Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH) as corporate treasury strategies are ultimately doomed. What Happened: Speaking on Schwab Network, Schiff argued … Read more
Is a mechanical glitch or a software bug to blame for Bitcoin’s fall? | Source: Image created with Gemini Key Takeaways Tom Lee attributed Bitcoin’s sharp decline to a “mechanical glitch”. He also publicly supported investor Mike Alfred’s accusation that higher entities are intentionally pushing Bitcoin lower. Some analysts are expecting Bitcoin to fall towards … Read more