Longtime Bitcoin critic Peter Schiff admitted on March 13 that he regrets not investing in Bitcoin when he was first introduced to it in 2010. The American stockbroker, known for advocating for gold investments, had previously mocked Bitcoin as a “pure Ponzi scheme.” During a televised debate, Schiff said that his net worth could have...
Ares Management Corp (NYSE:ARES) Co-Founder David B. Kaplan has sold a significant portion of his holdings in the company, according to the latest regulatory filings. Over the course of several days, Kaplan disposed of shares in a series of transactions totaling over $10.35 million. The sales, which took place between March 15 and March 19,...
JPMorgan analysts remain bearish on Bitcoin’s near-term future, believing the asset’s current rally is attributable to retail and speculative institutions. Both groups, the bank claimed on March 14, have joined momentum traders like commodity trading advisors in burrowing money into both gold and bitcoin futures. JPMorgan’s Bitcoin Analysis The bank’s analysis is a countertheory to...
In a recent move, Bennett Rosenthal, the Co-Founder and Chairman of the Private Equity Group at Ares Management Corp (NYSE:ARES), has sold shares totaling over $10 million. This sale was conducted through a series of transactions with prices ranging from $130.08 to $134.22. The series of sales, which took place between March 15 and March...
The price of the leading cryptocurrency Bitcoin faced a deep correction from its all-time highs during early Asian hours on Friday. Bitcoin is trading below $68,000, nearly 7.5% down in the last 24 hours. The price correction triggered massive liquidations as the entire network saw over $657 million positions liquidated in the last 24 hrs....
Crypto users can pay Bitcoin to subscribe and watch movies, says streaming platform Movies Plus. In an announcement on Wednesday, the free movie streaming app Movies Plus said that it has become the “first streaming platform to accept Bitcoin.” BREAKING 🚨 Movies Plus becomes the first streaming platform to accept Bitcoin! You can now pay...
Bitcoin (BTC) fell below weekly lows on Friday, reaching as low as $65,600 after hitting fresh all-time highs. However, market observers remained calm, attributing the dip to typical corrective moves within a broader uptrend. Popular commentator On-Chain College, which boasts over 52k followers on X, noted that a 10% retracement in Bitcoin’s price is normal...
Rumors are spreading like wildfire across the crypto grapevine that the state of Qatar could be making a huge, possibly multibillion-dollar huge, Bitcoin (BTC) bet soon. At least one article claims the Middle Eastern nation may have already made the leap and purchased 50,000 BTC in a series of daily installments of 100 BTC each....
It was revealed on Thursday that El Salvador has much more Bitcoin than previous estimates when President Nayib Bukele posted on X that the country has moved over 5,000 bitcoins worth over $400 million into a cold wallet. El Salvador’s Secret Bitcoin Stash: Over $400M Bukele’s latest move surprised many in the crypto community, as...
French Montana opted for a unique release strategy for his previously unreleased track “Bag Curious.” On March 14, the Mac & Cheese 5 account on X (formerly Twitter) announced that the song had been inscribed ont the Bitcoin blockchain. This marks an early example of a mainstream musician exploring blockchain distribution. The Mac & Cheese...