Bitcoin

Bitcoin Bounces to $106K After Iran-Israel Jitters, but Analysts Warn of Deeper Pullback

The crypto market is slightly bouncing back from early Friday’s jitters on escalating conflict between Israel and Iran. After slumping to the $102,600 mark, bitcoin BTC$105,174.81 rebounded to around $106,000 before fading lower in the U.S. afternoon …

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Anthony Pompliano Set to Head $750M Bitcoin Investment Vehicle: FT

Anthony Pompliano, a digital assets influencer and podcast host, is set to become CEO of ProCapBTC, a new investment vehicle aiming to acquire large amounts of bitcoin BTC$104,798.41, according to the Financial Times, which cited three people …

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Bitcoin at $200K by Year-End is Now Firmly in Play, Analyst Says After Muted U.S. Inflation Data

Wednesday’s softer-than-expected U.S. inflation has likely set the stage for accelerated gains in bitcoin BTC$107,881.41, potentially to $200,000 by the end of the year, according to Matt Mena, crypto research strategist at 21Shares. “If BTC …

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Tom Lee Mulls Roughed-Up Semler Scientific for ‘Granny Shot’ Portfolio

The recent wave of companies adding bitcoin to their balance sheets has not yielded universally positive results. Semler Scientific (SMLR), a medical technology firm that pivoted into bitcoin treasury strategy, has seen its stock fall over nearly 50 …

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Financial Advisors Remain Hesitant Towards Bitcoin — But Won’t Be for Long

Almost a year and a half after bitcoin BTC$108,556.48 spot exchange-traded funds were unleashed upon the U.S. financial system, financial advisors are still trying to wrap their heads around crypto. That’s according to Gerry O’Shea, head of küresel …

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U.S. Strategic Bitcoin Reserve Marks Milestone in Institutional Adoption: Gemini

*** NOT FOR PUBLICATION – EMBARGOED TILL 12PM ET JUNE 11 ***The formation of a U.S. Strategic Bitcoin Reserve (SBR) marks a pivotal step in bitcoin’s BTC$109,796.38 evolution as an institutional asset, crypto exchange Gemini said in a Thursday report …

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Paul Tudor Jones Says Bitcoin Should Be in Every Portfolio as U.S. Debt Mounts

Billionaire investor Paul Tudor Jones says bitcoin isn’t just a speculative asset — it’s a necessity in the current economic environment. In a Bloomberg TV interview, Jones argued that the U.S. is stuck in a “debt trap” and that policymakers will …

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Bitcoin Rises to $110K as Altcoins Rally; Traders Skeptical of Breakout

Bitcoin recaptured the $110,000 level for the second consecutive day, perhaps dragged higher by even larger gains among altcoins. Up 0.9% more than 1% in the last 24 hours, bitcoin was trading just above $110,000 shortly after the close of U.S. stock …

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Cathie Wood’s ARK Invest: Bitcoin Gains Coming Alongside Clear Stress in Housing, Autos

Bitcoin’s BTC$108,792.61 rise to new all-time highs is happening on a backdrop of deep economic strain, according to a new report from Cathie Wood-led ARK Invest. Bitcoin’s 11.1% climb in May, outpaced gold and broke through key resistance levels …

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Ether More Favored by Traders as Volatility Against Bitcoin Hits Highest Since FTX Crash

Ethereum’s ether ETH$2,741.54 token, which has been in the shadows of bitcoin BTC$109,055.29 for a long time, is now becoming the new favorite. Veri from TradingView shows that the spread between Volmex’s annualized 30-day ether implied volatility …

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