Economist Peter Schiff criticized young and unqualified cryptocurrency advisors who believe their early Bitcoin gains prove they are smart investors. He warned against mistaking a bull market for personal investment skill, especially as Bitcoin recently dropped to a four-month low below $62,000. Schiff argues that safer assets would have yielded better returns over the past five years and questions if Bitcoin's decline signals a broader market downturn. His comments come amid ongoing volatility in the cryptocurrency market.
Mt. Gox transferred 116.3 BTC (about $8.16 million) to Bitstamp on June 4, 2026, continuing its pattern of moving Bitcoin for creditor repayments. This follows a larger transfer of 10,422 BTC earlier that week, linked to the upcoming final creditor p...
Bitcoin fell below $62,000, its lowest in nearly four months, trading about 50% below its all-time high. This decline triggered over $1.5 billion in forced liquidations across crypto markets, with Bitcoin alone accounting for more than $800 million. ...
Legendary chartist Peter Brandt has warned that Bitcoin could experience a significant 'terminal wash-out,' meaning a sharp and prolonged price decline, with no clear market bottom expected until October 2026. Bitcoin recently broke below a key ascen...
Anthony Pompliano, CEO of Professional Capital Management, warned investors to disregard frequent claims that Bitcoin is "dead," noting these predictions have been proven wrong repeatedly. Despite bearish voices like Peter Schiff and Steve Keen predi...
In the last 24 hours, the crypto market experienced $1.76 billion in liquidations, with Bitcoin accounting for $810.64 million, mostly from long positions. This marks the largest liquidation since February 5, reflecting extreme fear among investors a...
