BTC

Anthony Scaramucci, founder of Skybridge Capital, has predicted that Bitcoin could potentially become a $500,000, even $700,000 asset, despite only 5% adoption in the U.S. In an interview with David Lin on June 7th, Scaramucci suggested that if Bitcoin continues to scale and adopt at the same pace...

Editor’s Note: We have updated the story with Riot Platform’s response to the Short Sell report. Riot Platforms, Inc (NASDAQ:RIOT) shares are trading lower after Kerrisdale Capital’s Founder and Chief Investment Officer, Sahm Adrangi, issued a report on the stock. Adrangi...

Cathie Wood, CEO of asset management firm Ark Invest, is known for making outlandish projections about the future of cryptocurrencies. While these predictions would make any investor in the tokens much wealthier, there are some very strong assumptions behind the predictions that have a very low...

Traders often forget about the capital gains taxes they owe on trading profits throughout the year.  But even if they did forget, nearly all of them still pay the taxes on what they've earned. Most will pay them without trouble, but some will refuse to pay capital gains taxes. Roger Ver, also...

Financial analysts rely on the wealth of data available to make informed trading decisions. An options trader can view implied volatility, Greek values and Black-Scholes to make a trading decision.  But for nearly all markets, some data is inevitably hidden from traders because it is private...

One of the more interesting data points to look at for any asset is the distribution of holders. The distribution can play a large part in the trading dynamics of the asset as well as broader market sentiment. Additionally, because blockchain technology is entirely public, the distribution of...

Ark Invest CEO Cathie Wood is known for making outlandish predictions about cryptocurrency.  The predictions, which would result in small amounts of money appreciating into millions of dollars, are unlikely to come true, but they are still interesting to consider.  Wood spoke at an...

The Bitcoin market is notoriously concentrated among the top holders. The largest wallets hold a huge portion of the supply. And with the increase in institutional adoption, information about some of these top holders is becoming more accessible.  Firms such as MicroStrategy Inc. (NASDAQ:MSTR...

Well-known hedge fund manager Anthony Scaramucci discussed his views on Bitcoin going forward, why he likes the token and a potential price target during an interview on CNBC.   Scaramucci has a long history in the financial sector, starting his career at Goldman Sachs before founding...

About every four years, a major event known as halving occurs on the Bitcoin blockchain and decreases the amount of new tokens released each block by half. This lowers the rate at which the supply increases and can decrease the amount of tokens sold each day. In the past, this event has been a huge...

Bitcoin has made its name as a deflationary and decentralized asset. These properties are written into the source code and cannot be altered. Many see these characteristics and think about how it could potentially send the price higher and wonder how a small investment in Bitcoin could create...

At the end of 2023, venture capitalist Tim Draper predicted that Bitcoin (BTC) would go as high as $250,000 in 2024. At the time, his prediction was seen as unlikely, and many dismissed his claims. However, with nearly one-third of 2024 gone, his prediction may not seem as unlikely anymore. ...

While Bitcoin has made headlines in 2024 with the approval of spot exchange-traded funds (ETFs) and the upcoming halving, Ethereum (ETH) is potentially positioned to make waves in the coming months and years, according to Ark Invest CEO Cathie Wood.  Ark Invest held its Big Ideas event, an...

Approximately every four years, the price of Bitcoin (BTC) undergoes a significant event called a halving. This process, which is written into the source code, is meant to bring anti-deflationary characteristics to the token and has helped the price appreciate in the past. However, this time may be...

Cryptocurrency analyst Ali Martinez has highlighted the critical support levels for Bitcoin (CRYPTO: BTC). This comes amid a period of volatility in the crypto market. What Happened: Martinez took to X to share his insights on the current state of Bitcoin. He noted that the $62,000 level is a...