To say that last week was eventful would be an understatement. The entire market went through extreme volatility. Many altcoins charted new all-time...
Billionaire Stanley Druckenmiller thinks some kind of crypto-derived ledger system may replace the U.S. dollar as the world’s reserve currency in the future.
Elon Musk’s Tesla invested $1.5 billion in Bitcoin, according to its latest filing with the US Securities and Exchange Commission. The American vehicle giant reported that it changed its investment policies in January 2021 to “further diversify and maximize returns” on the cash it did not require for operational liquidity. It later sought approval from […]
More institutions accumulate BTC because of the fear of dollar-linked inflation which is why there’s a strong chance that BTC will hit $50,000 in the upcoming sessions. BTC could even shoot higher if more institutions start accumulating it again so let’s read more in today’s Bitcoin news. The number one cryptocurrency that has a market […]
Bitcoin could undergo corrections near $9,000 as Stan Druckenmiller, a billionaire hedge fund manager, warns about a stock market crash. The former George Soros’ chief strategist said a V-shape recovery for equities is a “fantasy.” The prediction put Bitcoin’s market cap under risks of a similar downsizing, given its growing correlation with the S&P 500 after March 2020. As bitcoin struggles to close above $9,000, a chilling stock market prediction has decreased the cryptocurrency’s possibility […]