Category Archives: Coins

Bitcoin (BTC) traders now have larger U.S. Dollar Tether (USDT) liquidity, so they do not need to use leverage aggressively. CryptoQuant founder Ki Young Ju showcases two indicators of potential “eased leverage” for Bitcoin (BTC) derivatives. Bitcoin (BTC) futures OI takes breath, CryptoQuant CEO says Bitcoin (BTC), the largest cryptocurrency, experienced a rapid drop in […]

Thomas Peterffy, the founder of Connecticut-headquartered brokerage firm Interactive Brokers, has stated that people should hold “some Bitcoin” during a recent interview with Bloomberg Television.  That said, he has recommended against having too much exposure to the leading cryptocurrency.  “So, I think that anybody who does not have Bitcoin should have some Bitcoin, but not too […]

This week was marked by several events in the world, technology and cryptocurrencies, but perhaps the most hyped was the news about Willow, a new quantum chip developed by Google. This computer solved in five minutes a problem that would take the fastest supercomputer 10 septillion years.  This news is related to cryptocurrencies such that it […]

Peter Schiff has once again shared his concerns about Bitcoin (BTC), suggesting that there needs to be a clearer line between the digital asset and the concept of money itself. His concerns come up in the context of broader economic discussions about inflation and the Federal Reserve’s strategies.  Schiff says the latest inflation figures show that […]

Asset management behemoth BlackRock has recommended gaining 1-2% exposure to Bitcoin in its recent paper.  Such an allocation would be able to provide investors with a “diverse source of risk,” according to BlackRock’s Samara Cohen.  Earlier this week, billionaire Thomas Peterffy also recommended up to 3% of one’s portfolio into Bitcoin. However, he also warned […]

Galaxy CEO Mike Novogratz recently took to the X social media network to highlight the significance of BlackRock’s recent Bitcoin allocation recommendation, describing it as “massive.”  As reported by U.Today, the world’s largest asset manager recommended a 1-2% weighting.  The financial titan, which launched an uber-successful Bitcoin exchange-traded fund earlier this year, argued that the […]

Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

During a recent interview, Mike McGlone, senior commodity strategist for Bloomberg Intelligence, has predicted that Bitcoin will keep outperforming most other cryptocurrencies. “The key fact is I think it’s going to continue to outperform most other cryptos, particularly the Bloomberg Galaxy Crypto Index,” he said. The Bloomberg Galaxy Crypto Index is up 91.67% on a […]

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Bitcoin, the leading cryptocurrency, reached a new record high of $106,533 at 12:39 a.m. UTC on the Bitstamp exchange. The flagship cryptocurrency has since given up some gains, currently changing hands at $104,543. So far, it has added 8.4% this November after surging by 37.32% in November and 10.95% in October. Overall, Bitcoin is up […]