Leslie Falconio, Head of Taxable Fixed Income Strategy at UBS Global Wealth Management, said that the drop in oil prices following the agreement announced between the US and Iran has reduced the pressure on the Fed to raise interest rates this year. According to Falconio, the decline in oil prices has led to a strengthening
Michael Saylor is once again making a bold long-term case for Bitcoin. He is arguing that the world’s largest cryptocurrency could eventually trade between $700,000 and $7 million per coin. As institutional adoption accelerates and trillions of dollars flow into Bitcoin-backed financial products. <iframe width="300" height="150" src="https://www.youtube.com/embed/r2X04I6yGdY?feature=oembed" loading="lazy" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share"
Euro Pacific Capital CEO and prominent gold bug Peter Schiff has once again argued that Strategy’s “infinite money glitch” is actually fundamentally broken. Almost all articles regarding criticism of $MSTR selling stock to buy Bitcoin point to the fact that MSTR has always sold stock to buy Bitcoin. But that rationalization misses the point of
Tokenized assets have been gaining ground lately. From private credit to treasury products, the market is now becoming a bigger part of the crypto investment story. A key reason for this interest has been yield. But, is it sustainable, or will stress slow down growth? Tokenised RWAs cross 900K holders The tokenised RWA market is
Bitcoin’s recovery is hinged on a successful peace deal between the US and Iran as its on-chain metrics show the cryptocurrency remains weak despite its recent recovery, analysts say. Nick Ruck, a director at LVRG Research, told Cointelegraph that despite Bitcoin ($BTC) recently reclaiming $67,000, its “momentum remains weak, with declining volume and stagnant on-chain
Bitcoin extended its recovery on Monday, climbing above $66,700 and posting a strong daily gain. The latest rally has improved market sentiment and pushed the cryptocurrency closer to a key technical resistance zone. However, several analysts remain cautious as historical price patterns and the upcoming Federal Reserve meeting continue to weigh on expectations. $BTC traded
Bitcoin price traded above $66,500 on Monday after recovering nearly 4% over the previous week. The rebound followed Sunday’s report that the United States and Iran had reached a preliminary peace deal, which lifted risk appetite across crypto markets. The move came after Bitcoin suffered a sharp weekly decline earlier this month. In an X
Adam Livingston has drawn attention to a contrast in modern investing: buyers accept high valuations for companies whose expected profits sit years ahead, yet some reject Bitcoin since its future is uncertain. Modern investing is incredible. People will pay 71x earnings for a food delivery app because maybe profits will grow. Then refuse to buy
Cryptocurrency wallet provider Exodus (EXOD) has announced its digital asset reserves for May. The company increased its Bitcoin ($BTC) and Solana ($SOL) positions while decreasing its Ethereum ($ETH) holdings. The data indicates that the company is beginning to place more weight on Bitcoin and Solana in its portfolio strategy. According to information published by Exodus,
Gold (Au) is setting up for a short squeeze as gold funds posted -$2.3 billion outflows last week, marking the fourth consecutive weekly decline, with a 4-week average of -$2.0 billion. This is only below the -$3.5 billion 4-week average record seen in February. Meanwhile, Bitcoin ($BTC) is preparing a 3-Month short squeeze timeframe confluences