Skybridge Capital CEO Anthony Scaramucci predicts bitcoin will exceed $100,000 driven by the upcoming halving cycle, which reduces supply by cutting block rewards. Despite recent price stagnation linked to geopolitical tensions and a shift of mining power to AI, Scaramucci remains bullish, viewing the current market as the tail end of a four-year bear phase. He argues that structural changes, not just external events, have influenced bitcoin's recent price behavior. Scaramucci believes the halving will tighten supply and trigger a major price surge in the near future.
Cryptocurrency markets are experiencing significant gains, with Bitcoin reaching approximately $69,183, up 7.9%, and Ethereum surging 19.3% to $2,259.15. Other notable increases include Ripple (XRP) up 12.7%, Solana (SOL) up 12.5%, and Binance Coin (...
Bitcoin.com has integrated USDU, the UAE's first US dollar-backed stablecoin registered with the Central Bank of the UAE, into its self-custodial wallet on web and mobile. This marks USDU's first major retail distribution, expanding its use beyond in...
Bitcoin price surged past $68,000 following a breakout above key resistance levels, triggering a short squeeze that liquidated over $1 billion in crypto shorts within an hour. The rally pushed Bitcoin from below $65,000 to nearly $69,500 before settl...
The US government, under President Trump's leadership, has codified the GENIUS Act to streamline crypto regulations and established a strategic Bitcoin reserve from seized assets. This move clarifies the regulatory distinction between crypto securiti...
Bitcoin's price surged past $68,000, causing $1.93 billion in leveraged crypto liquidations within 24 hours, predominantly affecting traders betting against the market. Short positions accounted for $1.75 billion of the liquidations, with Bitcoin alo...
