Changpeng Zhao, the former CEO of cryptocurrency giant Binance, could soon become the wealthiest person ever to be incarcerated in the United States. As Zhao heads into his sentencing on Tuesday in a Seattle court, the stakes are high—not only for him but for...
Investor confidence in Cathie Wood's ARK ETFs seems to be waning as escalating outflows and a steep decline in asset values mark a challenging period for the famed investment manager. This year alone, the ARK funds have experienced a net outflow of $2.2 billion,...
Bitcoin's meteoric rise this year could be headed for a steep decline, according to Dan Dolev, a top analyst at Mizuho Securities. Despite a 48% surge in Bitcoin's price since the beginning of the year, Dolev predicts a significant drop, potentially halving its current...
Dogecoin, the meme-inspired cryptocurrency featuring the beloved Shiba Inu, has witnessed an astonishing 18% surge, propelling its price to $0.22. This recent jump marks its highest point since November 2021, showcasing an impressive 40% increase over the past week, a staggering 145% rise since...
Cathie Wood's latest forecast for Bitcoin stands out not just for its audacity but for its stark optimism. Speaking at the Bitcoin Investor Day in New York, the visionary founder of Ark Invest unveiled a future where Bitcoin's price could soar to an astonishing...
Argentines are increasingly turning to bitcoin, betting on the cryptocurrency to shield their savings from the relentless surge of inflation that's gnawing at the country's economic foundations. With inflation rates soaring to a staggering 276%, locals are seeking refuge in digital assets as the...