Schiff renews Bitcoin crash prediction
Economist and longtime gold supporter Peter Schiff has reiterated his bearish outlook on Bitcoin, predicting the cryptocurrency will fall below $20,000 as market volatility intensifies.
Economist and longtime gold supporter Peter Schiff has reiterated his bearish outlook on Bitcoin, predicting the cryptocurrency will fall below $20,000 as market volatility intensifies.
South Korea’s Financial Intelligence Unit (FIU) plans to hold another round of discussions with major domestic cryptocurrency exchanges this month as it considers revisions to proposed reporting requirements for the digital asset industry.
Nataliia Lipikhina, head of EMEA equity strategy at JPMorgan Private Bank, says she sees the US earnings "supercycle" to drive stocks to fresh records. "We actually just recently lifted our S&P target, and we think that the earnings growth in 2026 can be 20%," Lipikhina tells Bloomberg Television.
Zcash rallied more than 13% over the past 24 hours, outperforming major cryptocurrencies as on-chain data showed record adoption of its privacy-focused transaction features.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Bitcoin dropped below $66,000 on Wednesday, reaching its lowest level in more than two months as escalating tensions between the United States and Iran triggered a broad sell-off across risk assets.
Coinbase is expanding the use of stablecoins in online commerce through a new partnership with Checkout.com that will allow more than 1,000 enterprise merchants to accept digital dollar payments.
Ripple has pointed to growing institutional demand for digital assets as CME Group launched round-the-clock trading for crypto futures and options, with Ripple Prime serving as a clearing and financing partner.
Bitcoin’s recent decline may be driven more by investor enthusiasm for a handful of booming US equity sectors than by problems within the cryptocurrency market itself, according to Binance Research.
The third-heaviest weighed company on the Taiwan stock exchange has flagged incoming power crunch and key components shortage amid rising demand of AI servers in the current geopolitical scenario.
Former US Secretary of State Mike Pompeo outlines mounting geopolitical risks, cautioning about the outlook of the Iran war, the evolving dynamics of US-China relations and the broader challenges facing American foreign policy. He speaks with Haslinda Amin from the sidelines of 'Nomura Investment Forum Asia' in Singapore.
Cardano-focused analytics platform TapTools will begin winding down operations over the next two weeks after the departure of five senior executives made continued operations unsustainable.
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