Recent analysis suggests that Bitcoin’s trading range between $93,000 and $100,000, approximately 12% below its January high, may indicate potential instability in the U.S. stock market rally. Tyler Richey from Sevens Report Research links this to investor optimism about pro-growth policies and anticipated crypto-friendly regulations. However, concerns over inflation and limited additional rate cuts from … Read more
Joe McCann, founder of the hedge fund Asymmetric, shares his approach to identifying high-upside meme coins. By employing data-driven strategies and observing market trends, McCann’s fund has successfully traded assets like Solana and Bonk Coin. Looking ahead to 2025, he is betting on Bitcoin and Solana, expecting the latter to outperform Ethereum. McCann anticipates increased … Read more
Cathie Wood, CEO of ARK Investment Management, views Bitcoin’s recent stabilization above the $100,000 mark as a healthy consolidation phase. She emphasizes the fiduciary duty of money managers to understand this asset class, noting that institutional adoption is still in its early stages. The introduction of Bitcoin ETFs has further bolstered the market, with over … Read more
Financial services giant Charles Schwab has appointed Joe Vietri as the new head of digital assets, signaling a strategic move to expand its cryptocurrency offerings. With $10 trillion in client assets, Schwab plans to develop a comprehensive crypto strategy, including potential products like spot cryptocurrency trading, anticipating regulatory changes under President Donald Trump’s crypto-friendly administration. … Read more
As of early 2025, Bitcoin continues to dominate the cryptocurrency market, reaching record highs. In contrast, altcoins such as Ether, XRP, and Dogecoin have underperformed, with only 13 of the top 100 crypto coins surpassing Bitcoin’s performance this year. Factors contributing to Bitcoin’s dominance include the launch of Bitcoin ETFs in the U.S. and its … Read more
In 2024, cryptocurrency scams reached unprecedented levels, with estimated revenues between $9.9 billion and $12.4 billion. This surge is largely attributed to sophisticated “pig butchering” scams and the increased use of generative artificial intelligence (GenAI). These scams involve cultivating relationships to lure victims into fraudulent schemes, with GenAI making operations more efficient and cost-effective. The … Read more