Bitcoin flirting with $100,000 again? We’re looking at the stories in the press, the technical charts lighting up with buy, buy, buy. The narrative is simple: digital gold, a hedge against inflation, freedom from traditional finance. Hold on. That said, before we pop the bubbly, let’s talk about the elephant...
Forget the naysayers. Dismiss the FUD (Fear, Uncertainty, and Doubt). Bitcoin going above $100,000 — that’s not only possible, that’s a pretty much guaranteed home run. And you, dear reader, ought to be positively giddy over it.Why? Well, because this isn’t about the dollar amounts just increasing. It’s not just...
Bitcoin’s recent plunge, stopping its upward march toward $86,000, has folks rushing to explain the cause. Powell’s stagflation warnings and tariff anxieties are taking the fall. Are we missing something crucial? Or is the looming fist of stablecoin regulation actually the secret power behind Bitcoin’s sudden downturn? If we do,...
Bitcoin’s meteoric recent increase came to an abrupt halt in U.S. afternoon trading Wednesday. This drop was set off by hawkish remarks by Federal Reserve Chair Jerome Powell. The leading digital asset has since staged a minor comeback, briefly crossing above the $86,000 level. Yet its value soon tanked by...
Stephen Alpher is CoinDesk’s new managing editor for Markets, and he comes to the position with deep understanding and experience. He leads CoinDesk’s comprehensive, up-to-the-minute coverage of Wall Street’s latest efforts to capitalize on crypto. Alpher, who lives in New York, writes about the launch of spot bitcoin exchange-traded funds...
The Bitcoin faithful are reeling. That ascent to $86,000 has now corrected itself, and we find ourselves nearer to $83,700. And while HODLers will preach diamond hands, let’s be honest: Jerome Powell’s stagflation warning should have been a flashing red light for anyone betting big on Bitcoin's continued meteoric rise....
Last week Bitcoin grabbed headlines once again as the price of Bitcoin skyrocketed over $84,000, with the highest price hitting over $84,711. However, even with all of the downturns in more mainstream markets, the increase was significant. The Nasdaq 100 was down just 0.2% on the week, with the Dow...
On the surface, revolutionary Bitcoin does appear to be leveling the playing field. Yet is it just another gilded cage that ensnares the underserved? We’re all susceptible to the hype, I know—as was everyone with Bitcoin recently flirting with that $85,000 ceiling. Let’s pump the brakes for a second and...
Bitcoin’s spectacular surge beyond $84,000 posits an interesting conundrum. Are we really seeing the emergence of a new financial paradigm, or have we simply stumbled into the next great speculative supernova? While advocates celebrate it as a protectionary measure against the chaos of the old school markets, I advise a...
Bitcoin is back in the news again, blasting through the $84,000 level. This extraordinary ascent comes against a consistent pattern of decreasing volumes on the traditional exchanges and a commitment to continued economic uncertainty. Many investors are now eyeing Bitcoin as a potential safe haven, especially with the volatility introduced...