Mark Cuban sold most of his Bitcoin holdings, claiming it failed as a hedge during the Iran war while gold surged. However, analyst Scott Melker fact-checked Cuban's statement, showing that gold peaked before the war and since the war began, Bitcoin has actually risen about 20%, outperforming gold's 11-12% increase. Meanwhile, SpaceX revealed it owns 18,712 Bitcoin, more than double previous estimates, signaling continued institutional interest in Bitcoin despite volatility. This highlights differing views on Bitcoin's role as a store of value during geopolitical events.
Bitcoin is consolidating around $76,000 after a rejection near $82,000, with $75,000 acting as crucial support for a near-term bullish rally. Analyst Michaël van de Poppe notes Bitcoin has consistently stayed above its 20-day moving average, suggesti...
Bitcoin dropped below $77,000 after Federal Reserve Governor Christopher Waller indicated a potential rate hike in October 2026 due to persistent inflation concerns. Traders now price a 25 basis point hike with about 40% probability at the October me...
Cryptocurrency prices display mixed trends with Bitcoin down by 0.54% at $76,763 and Ethereum down 0.63% at $2,118.79. Meanwhile, several altcoins like BNB, DOGE, LINK, and NEAR show gains, with NEAR rising significantly by 21.66%. These fluctuations...
Kevin Warsh was narrowly confirmed as the new Federal Reserve chair amid declining confidence in the Fed's ability to control inflation, with inflation expectations rising to 4.8%. Bitcoin has struggled to break past the $77,000 resistance level, ref...
US one-year inflation expectations increased to 4.8% in May, up from previous readings, signaling persistent inflation concerns. This rise challenges the idea that Bitcoin acts as a reliable hedge against inflation, as studies show it behaves more li...
