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Bitcoin Falls Below $42,000 as ETF Optimism Fades

Bitcoin slumped by around 10% to $41,469 as investor optimism surrounding the release of exchange-traded funds holding the cryptocurrency faded into the background. This comes after Bitcoin raced to $49,000 for the first time since December 2021 once the multiple ETFs holding the cryptocurrency...

Bitcoin Rises for Sixth Straight Week as Financial Giants Back Crypto

Bitcoin rose by 3% on Wednesday to $28,720; its highest level since May. The largest digital asset has rebounded by 74% so far this year. Ether, Cardano, and Solana also posted gains. The recent crypto rise follows a wave of interest in digital currencies from traditional...

Standard Chartered Predicts Bitcoin Will Be Worth $100,000 By the End of 2024

Bitcoin has seen quite a few ups and down over the past couple of years. But analysts at Standard Chartered believe the world’s largest cryptocurrency will only go up from here. According to Geoff Kendrick, head of digital assets research at Standard Chartered, Bitcoin will...

Bitcoin Surges Past $30K for The First Time in 10 Months

After hitting as low as $16K in November, Bitcoin seems to be approaching its historic levels again. The world's most valuable cryptocurrency continued its steady rise this week as well, surpassing the $30,000 mark. Bitcoin reached $30,382.10 early on Tuesday, and everything points out that...

Kevin O’Leary Says He’s Expecting Another Crypto Fallout But Isn’t Out On Bitcoin

Businessman and Shark Tank star Kevin O’Leary expects the crypto market to have another fallout in the future. However, that doesn’t mean he’ll stop adding Bitcoin to his portfolio. Speaking with Kitco News, O’Leary was asked whether he expects the crypto market to endure another...

Bitcoin Surging After Fed Decides to Protect SVB and Signature Depositors

The crypto market is benefiting from the Federal Reserve’s decision to protect depositors of collapsed Silicon Valley Bank (SVB) and Signature Bank. All major cryptocurrencies have seen positive movement to start the week, with Bitcoin jumping almost 18 percent at one point. Fed recently issued...