A Nobel Prize-winning economist predicts doom for Bitcoin and claims the asset will be worthless in the next 10 years. His reason is based on the narrative that no central authority backs Bitcoin and is purely based on speculation and demand. The attacks on Bitcoin (BTC) seem to have rekindled as Nobel prize-winning economist Eugene Fama...
American Bitcoin ETF products raked in more than $5 billion in January.Market leaders forecast a strong showoff for the funds, with $50 billion inflow projected by Bitwise CIO Matt Hougan. The spot US Bitcoin Exchange-Traded Fund saw an upsurge in January, with value reaching $5 billion. Unfortunately, the price of Bitcoin (BTC) dropped below the...
MicroStrategy pauses Bitcoin purchases, holding 471,107 BTC worth over $30 billion.The pause marks a strategic recalibration, not a shift from MicroStrategy’s long-term Bitcoin commitment. Building on previous reports by Crypto News Flash, MicroStrategy’s continued Bitcoin purchases, now exceeding 461,000 BTC, highlight its confidence in BTC as a long-term store of value. This vast treasure trove...
The US tariff delay on Mexico and Canada triggered market volatility, leading to $552.80M in crypto liquidations within 24 hours, per CoinGlass.Both long and short traders faced great losses as sudden market shifts resulted in massive liquidations across crypto exchanges. The uncertainty surrounding US economic policies has once again rattled the cryptocurrency market. The Trump...
Trump orders creation of a U.S. sovereign wealth fund, sparking speculation about Bitcoin’s potential inclusion.Bitcoin sees a modest price uptick amid growing interest in its role within national investment strategies. In a move that could have ripple effects across both traditional finance and crypto markets, U.S. President Donald Trump signed an executive order on Monday,...
CZ and Saylor double down on Bitcoin’s future—“You need Bitcoin,” “Never sell.”Despite market volatility, both believe Bitcoin is the ultimate long-term store of value. Following a previous sentiment shared by CNF highlighting that Binance’s CZ dismisses $100K Bitcoin as ‘boring,’ Bitcoin continues to grab global attention. Two of the most prominent figures in the crypto...
A market analyst predicts Bitcoin will hit bottom on February 4, 2025, followed by a slow recovery before a rapid surge around February 23.Altcoins are expected to recover faster, with some potentially surging 200%-300% in hours after Bitcoin finds its bottom. Bitcoin has resurfaced in the headlines after crypto analyst Alan Santana made his latest...
A top Financial analyst have advocated that everyone holds at least 0.1 Bitcoin.Despite regional trade wars, Bitcoin price has stayed resilient, rebounding from historic lows. Bitcoin (BTC) and other top cryptocurrencies rebounded from their bearish price levels during today’s early trading session. Following the latest surge, financial analyst Rajat Soni highlighted the importance of owning...
The latest data shows that XRP’s institutional inflow has become the third largest behind Bitcoin and Ethereum, as $530 million flowed into the market last week. The US is reported to have contributed the biggest share with $474 million inflows, while Europe provided $78 million. XRP has become the second most sought-after altcoin by institutional investors,...
India and Indonesia enhance trade by settling transactions in rupees and rupiahs, sidelining the US dollar to bolster economic ties within BRICS.Despite warnings and tariff threats from former US President Donald Trump, BRICS nations continue to shift away from US dollar reliance in global trade. BRICS members India and Indonesia have deepened trade relations by...