Crypto News
Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However, the strategist warned that as bitcoin’s price approaches $70,000, a key test for the cryptocurrency may come “when the U.S.Source link
SEC’s Hester Peirce Says Regulator’s Approach to Crypto Has Been ’Strange’
Peirce expressed frustration over delayed action on Bitcoin ETFs—but remained mum on the prospects of an Ethereum equivalent.Source link
Speculation and Price Models Fuel Bitcoin Bull Market Predictions Amidst Rising Optimism
This week, bitcoin’s value ascended to the vicinity of $64,000, leading to a widespread belief among observers that the bullish trend has officially commenced. Speculation centers on the exact moment this upward trajectory began, given that bitcoin has appreciated by 46% since the start of the year and 139% over the previous six months inSource link
Wall Street Journal Accused of Defamation Over 2023 Tether-Bitfinex Article
Christopher Harborne and his aviation fuel broker AML Global were wrongly accused of "committing fraud, laundering money, and financing terrorists," according to the lawsuit.Source link
Bitcoin Miners Are Struggling After ETF Launch—Except One
After outperforming BTC last year, Bitcoin miners now look stagnant against the digital currency.Source link