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Trump Victory Could Boost Bitcoin to $90K — Harris Win Might Sink BTC to $30K Level, Says Bernstein

Bitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s…

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Trump-Harris Debate Expected to Drive Crypto Volatility, QCP Capital Says

QCP Capital notes that the highly anticipated debate between former President Donald Trump and current Vice President Kamala Harris may have a significant impact on the crypto market. Both figures,…

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Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses

On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million…

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US Banking Regulator Calls for Stronger Oversight of Crypto Risks

Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision…

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Bitcoin ETFs Drop $287M While Ether ETFs Shed $47M in Early September Trading

On Tuesday, U.S. spot bitcoin and ether exchange-traded funds (ETFs) kicked off the week with notable outflows. Bitcoin ETFs collectively saw $287.78 million withdrawn, while ether ETFs experienced $47.40 million…

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Analysts Anticipate Bitcoin Falling to $40K Level as Fed Rate Cuts Loom

Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September…

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Bitcoin ETFs Lose $105M in Outflows as Ether ETFs Snap Losing Streak

On Wednesday, spot bitcoin exchange-traded funds (ETFs) experienced $105.19 million in outflows, while spot ethereum ETFs managed to break their nine-day losing streak, pulling in $5.84 million in inflows. Spot…

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Peter Schiff Expects Gold Mining to Be Best-Performing Sector This Decade — Foresees ‘Major Bull Market’

Economist and gold advocate Peter Schiff predicts that “precious metals mining will be the best-performing sector” this decade. He highlighted that “gold mining stocks are a steal” and anticipates “a…

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JPMorgan Prepares Investors for September Rate Cut With Dual Investment Approach

Favorable economic data this week bolstered market confidence, leading to a strong rally in equities, JPMorgan explained in a report published on Friday. With the Federal Reserve now likely to…

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Elon Musk: How Government Overspending and Excessive Regulation Fuel Inflation

Elon Musk, CEO of Tesla and Spacex, has expressed his view that inflation is primarily driven by government overspending, which he emphasized as “the vast majority of the problem.” He…

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