Probably the loudest Bitcoin critic, Peter Schiff, called out the corporate crypto rush in a recent post, saying these companies are essentially “fools looking to take advantage of other fools” who do not have real business models. The timing of his comments is perfect as this week has been quite crazy for corporate crypto purchases.
Bitcoin jumped to a fresh all-time high price for the second day in a row Thursday, after crypto-friendly President Trump renewed his push to urge the Federal Reserve to cut interest rates. The price of Bitcoin jumped to $112,599 on Thursday, per data from CoinGecko, setting a new record for the leading cryptocurrency. Bitcoin is
Bitcoin BTC$110,770.05 clinched a fresh record high above $112,000 on Thursday, attempting to break away from the range it has been trading in for months. The largest and oldest cryptocurrency hit $112,702 during the U.S. session, CoinDesk price data shows. The new record comes less than a day after it briefly topped $112,000 on some
Bitcoin (BTC) just hit a new all-time high of $112,679, according to data from cryptocurrency exchange Binance. This historic level is being supported by increased institutional interest, general risk appetite in the markets, and upcoming regulatory action. Chart showing the recent rise in Bitcoin price. In the last 24 hours of the surge, a total
Traditional asset management is a laborious process. It often requires the involvement of numerous middlemen, including various state bodies and regulators. Assets such as stocks, bonds, property, or even land can often be prohibitively expensive and time-consuming to manage, putting them beyond the reach of the vast majority of the world’s population. What’s more, traditional
Shares of Bitmine Immersion Technologies (BMNR), the ether ETH$2,782.62 treasury strategy firm helmed by Fundstrat’s Thomas Lee, slid 20% Thursday, extending a 40% drop from the previous day, as the company disclosed plans to raise up to $2 billion through a stock sale agreement. The selloff comes on the heels of Bitmine closing a $250
Bitcoin has surged into major resistance at $111,250 after a bullish expansion. Without volume confirmation, price risks rejection and another rotation back toward range lows near $98,270. Bitcoin (BTC) is once again confronting a critical decision point as price trades into a long-standing high time frame resistance zone around $111,250. This level marks the current
In a significant stride for the Web3 creator economy, Avalanche (AVAX)-based Insomnia Labs has successfully closed a substantial $12 million funding round. This pivotal investment marks a new chapter for the company, setting the stage for the highly anticipated launch of CreatorFi, a platform poised to redefine how digital creators access financing. For anyone tracking