Taking the witness stand in a federal courthouse in downtown Oakland, Elon Musk did not mince words when it came to crypto. During his closely watched testimony in his high-stakes lawsuit against OpenAI, the centibillionaire and the self-proclaimed “Dogefather” stated that most cryptocurrencies are, in fact, scams. According to reporting from the courtroom by New
Amid a cautious recovery in the crypto market, Bitcoin ($BTC) has returned to a key technical zone, with Finbold’s AI price models projecting that the flagship cryptocurrency could trade at $76,199 by May 31, 2026. Compared with the $77,306 reference price recorded at the time of the prediction, the forecast implies a modest 1.43% decline
As Bitcoin’s price fluctuations continue, new data shared by the cryptocurrency market analysis platform Santiment has raised the question among investors: “Is the $80,000 level returning?” Santiment analysts note that the current wave of “fear, uncertainty, and doubt” (FUD) in the market is beginning to give way to cautious optimism. According to the analysis, the
Toto shares surged Friday after the Japanese toilet maker reported record annual earnings and unveiled plans to expand production of semiconductor components, turning the washlet brand into one of the stranger AI infrastructure plays in global markets. Shares jumped more than 18% to ¥6,425 after Toto said operating profit rose to ¥53.8 billion for the
U.S. public debt has crossed the size of the U.S. economy on a calculation from the Committee for a Responsible Federal Budget, giving Bitcoin’s hard-money case a live fiscal benchmark as investors weigh scarce assets against Washington’s debt path. CRFB said debt held by the public reached $31.27 trillion at the end of the first
Bitcoin pushed to $78,254 Thursday, up 2.69% in 24 hours and outperforming a broader crypto market that rose 2.08%, as a macro risk-on shift lifted digital assets alongside equities. The recovery comes against a backdrop that remains uncertain. President Trump said Thursday he is “not satisfied” with the latest peace proposal from Iran, delivered through
After a 13% gain in April, Bitcoin spiked over $2,000 on the first day of May to reach an intraday peak of $78,924 before ultimately settling below $78,300. Key Takeaways: Bitcoin surged over $2,000 on May 1 to test $79,000 resistance after a 13% gain in April. Bitcoin’s jump triggered $120 million in short liquidations
U.S. President Donald Trump has announced new tariffs on the European Union (EU), which would take effect next week. Bitcoin briefly retraced on the back of the announcement of the latest Trump tariffs, although the leading crypto is still up on the day amid optimism of renewed talks between the U.S. and Iran.