Skybridge Capital co-founder Anthony Scarmucci believes new entrants to Bitcoin are still early, with institutional adoption of the asset only just ramping up. Anthony Scaramucci On Institutional Bitcoin Investment During an interview with CNBC on Thursday, the investor said that institutional adoption is “happening now,” and that he expects more pension funds to reveal soon...
Bitcoin is trading just above $65,000, experiencing a 1.25% correction after a recent surge. This upward movement was driven by weaker US CPI data, dovish FOMC sentiment, and a break from a symmetrical triangle pattern. Despite this slight bearish correction, the Bitcoin price prediction remains bullish, especially with Andrew Tate’s announcement to invest $100 million...
Bitcoin (BTC) held steady above the $66,000 mark, reaching an intra-day high of $66,500. The Bitcoin price prediction now indicates strong bullish momentum, driven by increasing institutional interest. BlackRock’s iShares Bitcoin Trust (IBIT) has attracted significant investment, while CME Group’s planned entry into Bitcoin spot trading is expected to boost market liquidity and demand. BlackRock’s...
Pavel Durov, the founder of Telegram, has received a generous donation from over half a million players of the viral Telegram-based clicker game called Notcoin. The players donated a portion of their in-game coins to Durov as a gesture of gratitude for the messaging app that hosts the crypto game. The donated haul has now...
As Bitcoin hovers near the $67,000 mark, trading at $67,243.75 with a recent upswing of 1.41%, questions about its next milestone intensify. With a trading volume of $24.62 billion and a dominant market cap of $1.32 trillion, the prevailing sentiment is cautiously optimistic, stirring discussions on Bitcoin price predictions for an imminent new high. Bitcoin...
Out of the top 25 hedge funds in the United States, 13 have entered the market by investing in the ETFs during the first quarter. Point72, the renowned hedge fund with $34 billion in assets under management, has revealed its investment in the Fidelity Wise Origin Bitcoin Fund (FBTC). According to a recent filing, Point72...
Bitcoin (BTC) is trading at $67,330.50, up 0.15% in the last 24 hours, with a trading volume of $16.3 billion. Retaining its top position on CoinMarketCap with a market cap of $1.33 trillion, Bitcoin’s current dynamics are fueling speculation.This Bitcoin price prediction explores whether Chinese whales are driving the recent surge amid the substantial trading...
The Canadian market ended lower on Wednesday as energy and materials shares reeled under selling pressure as oil and metal prices fell. Concerns about the outlook for interest rates weighed as well on sentiment. Data showing an unexpected increase in U.S. crude inventories in the week ended May 17th weighed on oil prices, and gold...
New Zealand will on Thursday release Q1 figures for retail sales, highlighting a busy day for Asia-Pacific economic activity. Sales are expected to slip 0.3 percent on quarter after falling 1.9 percent in the previous three months, while core retail sales are seen flat after losing 1.7 percent in Q4. Australia will see May figures...
A group of developers believes introducing programmability to the Bitcoin blockchain could drive the next rally for the largest cryptocurrency. While Bitcoin is currently seen as digital gold, with its primary use being a store of value, developers argue that the addition of programmability would unlock a range of functionalities and applications. Unlike its rival Ether, which allows for the creation of...