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"I think some of the best assets will be gold, U.S. long bonds, and bitcoin," Bloomberg Intelligence senior commodity strategist Mike McGlone told Kitco News, reiterating his bitcoin price prediction of $100,000 by 2025. "The great reversion is just getting started."

The latest “crypto winter,” which sent the values of Bitcoin and other digital currencies plummeting, served as a healthy reminder that cryptocurrencies are highly risky investments. But that risk is by no means limited to price volatility. Should the company holding your crypto assets declare bankruptcy or otherwise be unable to meet its financial obligations,…

David Yaffe-Bellany, who covers cryptocurrencies for The Times, talks about the crash of an industry that is firmly rooted in global culture.

Maybe it was when the author of the influential book “Black Swan” said bitcoin was worth “exactly zero.”Perhaps it was the assessment from a billionaire hedge-fund manager that cryptocurrencies are a “limited supply of nothing.”Or it could just be one of those cultural shifts that happens when one too many celebrities tries to convince us of something.

The total crypto market capitalization has ranged from $1.19 trillion to $1.36 trillion for the past 23 days, which is a relatively tight 13% range. During the same time, Bitcoin’s (BTC) 3.5% and Ether’s (ETH) 1.6% gains for the week are far from encouraging.To date, the total crypto market is down 43% in just two…

It’s been a brutal stretch for the crypto market, and a hard time for cryptocurrency investors to keep their emotions in check.

Even if you don’t live and breathe cryptocurrency, you’ve probably noticed some turmoil in the sector. Eye-catching headlines about missing apes and collapsing stablecoins are indicative of the chaos, but what’s really going on?How did the crypto market unravel?Like so many things: gradually, then all at once. Take bitcoin, the original cryptocurrency, which is responsible…

After a tumultuous month for the crypto markets, Bitcoin (BTC) was poised to extend its losing streak to a record nine weeks. However, that scenario has been narrowly avoided after the leading cryptocurrency jumped in the late hours on Sunday to hit a seven-day high of $30,723. Though a modest correction brought Bitcoin down to…

Price-charts suggest ADA saw support at the 45 cents level. Readings on the Relative Strength Index (RSI) – a tool used by traders to calculate the magnitude of an asset’s price move – fell to nearly 33 earlier this week, which suggested early signs of ADA bottoming out. However, the token could see strong resistance…

Last year, as bitcoin’s price rose as high as $68,000, miners were having a blast. Their profits, according to some estimates, were hovering just under 90 percent, and many of them decided to expand their operations at a frantic pace, bracing for an even larger 2022 bonanza.That windfall has not come to pass. Over the…