Bitcoin is creating a new paradigm as an emerging financial asset; several investors are contemplating a shift to adopting the asset for higher returns.
Bitcoin retraced to a low of $112,600 as retail panic selling resulted in the most bearish social sentiment since June, but analysts see a buying opportunity ahead.
Search interest in “alt season” has dropped sharply, with one economist even questioning whether a search spike last week was genuine.
Harvard economist Kenneth Rogoff, who predicted Bitcoin would likely hit $100 before $100,000, admitted he was wrong about three things.
Saylor’s Strategy stock price taps its lowest point since April amid controversy over equity guidance changes and a broader downturn among Bitcoin treasury companies.
WazirX has been trying to get a restructuring plan through the Singapore High Court to start returning funds to users impacted by the $234 million hack in 2024.
Bitcoin’s drop below $113,000 reflects investors’ worries about the US economy, stock markets and crypto, but the volatility does not end BTC’s long-term bullish trend.
SoFi Technologies will leverage the Bitcoin network under a partnership with Lightspark to better compete in the $740 billion global remittance market.
While many eye a September rate cut, one economist said Bitcoin won’t be fully priced in until the US president announces Fed Chair Jerome Powell’s replacement.
TeraWulf’s chief strategy officer, Kerri Langlais, said Google has become its largest shareholder, providing “powerful validation” from a leading tech giant.