Here’s how Bitcoin will drop to $40,000, according to commodity strategist

Here’s how Bitcoin will drop to $40,000, according to commodity strategist Paul L. Cryptocurrency Jun 3, 2025 Share Bloomberg senior commodity strategist Mike McGlone has warned that Bitcoin (BTC) could potentially fall to $40,000 despite currently trading above $100,000. McGlone tied his bearish outlook to broader macroeconomic trends, particularly the risk of deflation and a […]

How Much Bitcoin Does Tesla Own in 2025? What the Numbers Reveal About Tesla’s Crypto Play

When Tesla bought Bitcoin, it sent a clear signal. Major companies were paying attention to crypto. Since then, both fans and skeptics have kept watch, curious about how much Bitcoin Tesla owns today and what it means for the company’s bottom line. If you’re tracking corporate Bitcoin moves, this isn’t trivia. Knowing Tesla’s latest holdings […]

If you invested $1,000 in Bitcoin when Microsoft rejected BTC treasury; Here’s your return

If you invested $1,000 in Bitcoin when Microsoft rejected BTC treasury; Here’s your return Paul L. Cryptocurrency Jun 3, 2025 Share On December 10, 2024, Microsoft’s (NASDAQ: MSFT) shareholders voted against adopting Bitcoin (BTC) as part of the company’s treasury strategy. Bitcoin was trading at $97,444 at the time, buoyed by strong post-election market optimism […]

Bitcoin Reclaims $105,000 After Powell’s IF Speech Fuels Pivot Talk

Jerome Powell’s speech at the Fed’s International Finance (IF) Division anniversary conference quietly signaled the central bank’s growing openness to easing monetary policy. This prospective shift has sent Bitcoin (BTC) soaring above $105,000. Meanwhile, the Federal Reserve (Fed) continues to work against political pressure from President Trump, who advocates for rate cuts. This contention has […]

Analysts Warn Crypto Traders to Prepare for Increased Market Swings

Bitfinex analysts warn crypto markets are preparing for increased volatility as bitcoin undergoes its first significant correction since hitting a new all-time high and options markets show signs of overheating. Record Crypto Options Open Interest Coincides with Bitcoin Pullback According to Bitfinex analysts, bitcoin (BTC) dropped nearly 8% from its record peak of $111,880, reached […]