Billionaire investor Mark Cuban said he has sold most of his bitcoin BTC$77,640.65 holdings after losing confidence in the cryptocurrency’s role as a hedge against weakening fiat currencies and geopolitical instability. Cuban, who’s net worth is about $10 billion, said bitcoin’s price behavior during the… Read More
What do you call a market that consistently shrugs off headlines that usually send it tumbling? You call it resilient with a strong underlying demand support. That’s the bitcoin story in recent weeks, as it the cryptocurrency held firm around $70,000 even as the Iran… Read More
NEW YORK — While BlackRock’s iShares Bitcoin ETF (IBIT) is among the most successful product launches in Wall Street history, the crypto market’s growing reliance on leverage could be doing long-term damage to bitcoin’s BTC$70,413.42 institutional appeal, according to Robert Mitchnick, head of digital assets… Read More
