Bitcoin, the famous digital currency, has been on a downward spiral. It's now 22% lower than its peak in early October. This week alone, it hit a six-month low of $94, 700. What's causing this drop? First, Bitcoin isn't alone in its fall. Other risky investments, like tech stocks, are also taking a
In a surprising turn of events, a significant investment in a crypto mining company has brought together two families with a complex history. The Scaramucci family, known for their Wall Street connections, has poured over $220 million into American Bitcoin. This investment is notable not just for it
The crypto market is a tricky place. When everyone starts saying the bottom is in, it might be time to think twice. This is what Santiment, a crypto sentiment platform, recently pointed out. They said that true market lows often happen when most people are still expecting prices to drop further. Re
The crypto world is going through a tough time right now. Prices are down, and people are feeling pretty scared. But some experts think this might actually be a good thing in the long run. Hunter Horsley, the boss of Bitwise, believes the market is changing. He says the old four-year cycle is over.
In a world where everything seems to be under control, there's a hidden force pulling the strings. This force isn't human, and it's working hard to turn everyone into puppets. The leaders people think they've chosen are just salespeople, pushing products to keep everyone numb. They sell medicines li
MicroStrategy's stock price has taken a tumble, dropping below its net asset value (NAV) for the first time in two years. This happened as the crypto market faced a sharp decline, with Bitcoin, the company's main investment, losing significant value. The stock price fell below $200, causing the mark
The chances of a December interest rate cut by the U. S. Federal Reserve are looking shaky. Right now, less than half of the investors think it's going to happen. This drop in confidence is making waves in the crypto market, which is already feeling the heat. Just a few weeks ago, the odds were muc
Wall Street is diving headfirst into the crypto world. It's not just Bitcoin anymore. Big companies and hedge funds are putting serious cash into Ethereum, Solana, and other digital currencies. These are often called "altcoins. " The numbers are huge. Publicly traded firms have over $100 billion in
Crypto ETFs are making waves, and a new player has joined the game. 21Shares, a big name in crypto ETPs, has just launched two new ETFs. These aren't just any ETFs—they're the first crypto index products registered under the Investment Company Act of 1940. That's a big deal because most crypto-linke
Mutuum Finance, a decentralized lending and borrowing platform built on Ethereum, is making waves in the crypto world. The project has recently hit a major milestone, raising $18. 7 million and attracting over 18, 000 holders. This surge in interest comes as the team prepares for the launch of their
