Schiff argues that tariffs on imported goods don’t disadvantage foreign exporters relative to each other, as they all effectively face the same tariff barrier He accused the CNBC hosts of giving Saylor an easy platform without enough pushback, labeling Michael Saylor a con man Schiff has a longstanding record of attacking Bitcoin advocates and specifically
The U.S. economy added just 73,000 jobs in July, falling well short of the 110,000 forecast and signaling a sharp slowdown in the labor market. The report from the Bureau of Labor Statistics (BLS) also included massive downward revisions to the prior two months, cutting a combined 258,000 jobs from May and June’s initial figures.
Bitcoin’s grip on the cryptocurrency market has tightened, with its average market dominance hitting 59.3% in 2025, marking a third straight year of gains, according to new data from CoinGecko. The trend points to a more stable and mature phase for the world’s largest digital asset, largely driven by increased institutional participation through products like
Michael Saylor says he doesn’t want all the Bitcoin. “We want everybody else to have their piece,” he told CNBC, during an interview following Strategy’s earnings report yesterday. The company now holds 628,791 Bitcoin, about 3% of the total supply that will ever exist. But Saylor, who serves as executive chairman, said that’s not the
New data from the crypto analytics firm Swissblock suggests that Bitcoin (BTC) is gearing up to skyrocket even as its momentum turns negative. In a new thread on the social media platform X, Swissblock says the top crypto asset by market cap just needs to flip its momentum in order to reverse course and spark
The cryptocurrency markets continue bleeding out today. Bitcoin’s price dropped to a low of slightly above $113,000 while the majority of altcoins are having it much worse, as it’s almost always the case. As seen in the chart below, the price has been in a freefall since wicking to $118,000 on July 31st and has
Jurrien Timmer, head of global macro at asset management behemoth Fidelity, believes that the U.S. Federal Reserve could potentially restart quantitative easing (QE) engines. This is something that both Bitcoin and gold bulls have been anticipating. If the Fed lowers rates beyond what deems justified by the Taylor Rule, the yield curve could well bear-steepen
Famous financial commentator Peter Schiff has slammed the idea of creating a Bitcoin reserve as “the ultimate taxpayer boondoggle.” Schiff believes that making American taxpayers involuntary holders of the leading cryptocurrency would be worse than the Wall Street bailout that was enacted during the 2008 global financial crisis. He went as far as arguing that