Bitcoin price falls as global recession and AI bubble fears send investors scrambling
Bitcoin’s price correction is driven by a weakening global economy, conflict in the Middle East, and concerns over an AI bubble.
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Bitcoin, Altcoins Begin Recovery While Bitcoin Cash Becomes Top 20’s Worst Performer
Cryptocurrency markets are recovering from their recent mini crash today, Nov. 16, with only Bitcoin Cash (BCH) going against a trend which saw assets gain as much as 4.3 percent in 24 hours.Market visualization. Source: Coin360The fallout from turbulence over BCH’s controversial hard fork, which occurred Thursday, Nov. 15, appeared not to last, with Bitcoin…
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Cointelegraph promotes Jay Cassano to CEO, Jon Rice takes over as editor-in-chief
Cointelegraph has new leadership as the world’s largest blockchain-focused media outlet promotes from within. Jay Cassano, Cointelegraph’s editor-in-chief, has accepted the role of CEO at Cointelegraph. Jon Rice, managing editor for Cointelegraph Magazine, will take over as the new editor-in-chief for the platform. Kristina Lucrezia Cornèr remains managing editor. “I’m grateful to Cointelegraph for this opportunity…
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Bitcoin Can Hit $250K in 2020, Reaffirms Tim Draper as Dominance Rises
Bitcoin (BTC) passed $7,200 a second time on Dec. 19 as previous bearish moves gave way to a return to higher levels.Cryptocurrency market daily overview. Source: Coin360BTC shows signs of a bullish comebackData from Coin360 and Cointelegraph Markets showed BTC/USD holding ground recovered above the $7,000 mark late on Wednesday. At press time, the pair…
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Here’s how pros safely trade Bitcoin while it range trades near $40K
Investors tend to define the market as either bullish or bearish, but sometimes the price can remain within a specific range for an extended period. This type of sideways movement is not necessarily stable because cryptocurrency markets have high volatility that stems from a range of uncertainties and the early adoption cycle.For example, investors who concluded…
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Bitcoin Risk-Adjusted Returns Beat Gold, Stocks After Each Halving
Bitcoin (BTC) outperforms major assets such as gold, real estate and stocks if an investor holds it for just four years, popular data confirms.Highlighting the success of Bitcoin as an investment tool on Jan. 22, veteran cryptographer Nick Szabo noted Bitcoin is so far unmatched compared to many other assets broadly considered profitable. Szabo: BTC hodlers…
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‘Black Friday’ BTC sale officially over? 5 things to watch in Bitcoin this week
Bitcoin (BTC) is back this week as a rebound takes the largest cryptocurrency ever closer to new all-time highs — what’s in store?Cointelegraph takes a look what could move Bitcoin markets in the coming days as buyers emerge and $16,000 gets left behind — at least for now.Bitcoin cancels Black Friday discountsThe main story among…
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Kamala Harris supporting crypto could impact vote in key states — Think tank
The race between presumptive Democratic nominee Kamala Harris and Republican nominee Donald Trump is expected to be close in November — could crypto make a difference?
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Price analysis 11/11: BTC, ETH, XRP, LINK, BCH, BNB, DOT, LTC, ADA, BSV
Billionaire investor Stanley Druckenmiller became the latest famous name to disclose a Bitcoin position. Although Druckenmiller did not specify the quantity he had purchased, he did say that Bitcoin will outperform gold a lot more “because it’s thinner, more illiquid, and has a lot more beta to it.”Paul Tudor Jones, Stanley Druckenmiller, and Bill Miller…