Altcoins News
By James Thorp
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Fed Rates Keep Crypto Guessing. Michael Novogratz from Galaxy Digital thinks the current mess creates opportunities.
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Institutional Money Still Interested. BlackRock continues sniffing around the crypto space despite Bitcoin's struggles.
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Bitcoin can't break $50,000. The cryptocurrency sits stuck below that key level while traders watch gold tumble into bear market territory, dragged down by Middle East tensions…
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The digital asset's price action looks pretty messy right now. Volatility keeps spiking as investors try to figure out what comes next.
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Gold's getting hammered worse than Bitcoin.
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The precious metal's bear market deepens as Iran's geopolitical games mess with oil supplies.
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Michael Novogratz from Galaxy Digital thinks the current mess creates opportunities. "While Bitcoin's volatility can be daunting, it also offers potential for significant returns…
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The CME saw Bitcoin futures volume spike on March 21, which means traders are definitely positioning themselves for something. Problem is, nobody knows what that something will be.
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JPMorgan analysts dropped a note on March 22 pointing out how Bitcoin's correlation with traditional assets keeps growing. So much for crypto being uncorrelated to everything else.
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BlackRock continues sniffing around the crypto space despite Bitcoin's struggles. The world's biggest asset manager hasn't made any big moves yet, but they're clearly watching…
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And speaking of blood, Binance had to pause Bitcoin withdrawals on March 23 due to network congestion. That spooked some traders who rely on the exchange for liquidity.
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MicroStrategy's Michael Saylor bought another 1,000 Bitcoin on March 22. The guy just won't quit - his company now holds over 130,000 BTC.
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Cathie Wood from ARK Invest doubled down on her bullish Bitcoin call during a March 23 conference. She keeps saying the fundamentals are solid despite all the price chaos.
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The European Central Bank's Christine Lagarde warned on March 21 about keeping an eye on digital currencies as they integrate more with traditional finance.
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Bitcoin's market cap still sits around $950 billion, so we're not talking about some tiny speculative asset anymore. But that size also means it can't move as fast as it used to.
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