By Wayne Jones Bitwise Asset Management Chief Investment Officer Matt Hougan took to social media to defend Bitcoin (BTC) against a wave of criticism, arguing that skeptics judging the asset as a failed store of value are ignoring the volatile “teenage phase” necessary for any new monetary asset to mature. His comments were a direct […]
Tag: FTX
By Ted Late There are several blockchain networks competing for a piece of Ethereum’s smart contract and DeFi market share. Projects like Solana, BNB Smart Chain, Cardano, Polkadot, and Avalanche are some of the most prominent “Ethereum killers”. Ethereum (ETH) is a blockchain protocol that supports decentralized applications and smart contracts. It is the second-largest […]
By Wayne Jones Bloomberg Intelligence senior commodity strategist Mike McGlone has published a warning suggesting Bitcoin (BTC) could revert toward $10,000 as broader financial market turbulence spreads. His remarks framed the current market slide as part of a broader risk-asset unwind tied to stocks, volatility cycles, and macro liquidity. Macro Stress Signals Point to Rising […]