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news-imageDecember 12, 2024

Interactive Brokers Chair Warns Against Bitcoin Allocation Over 10%

Interactive Brokers Chair Thomas Peterffy recommends allocating 2-3% of net worth to Bitcoin but warns against exceeding 10%, calling it "very dangerous." The post Interactive Brokers Chair Warns Against Bitcoin Allocation Over 10% appeared first on Cryptonews.
Publisher: Cryptonews
Sentiment: Negative
BTC

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Neutral
cover-imageThe Currency Analytics
December 12, 2024

Bitcoin Defends $96k Support: BTC Eyes $105k Next

Bitcoin (BTC) has recently shown resilience in defending key support levels, especially at the $96,000 mark. After a period of consolidation beneath the psychological $100,000 level, Bitcoin's bulls have managed to keep the price above the mid-range support.

Positive
cover-imageThe Daily Hodl
December 12, 2024

Ray Dalio Says He'd Rather Have ‘Hard Money Like Gold and Bitcoin' Amid 'Pending Debt Money Problem': Report

Billionaire investor Ray Dalio thinks macroeconomic trends make gold and Bitcoin (BTC) attractive investment options right now. In a speech in the United Arab Emirates this week, the Bridgewater Associates founder pointed to debt levels in the US, China and all other major economies except for Germany, the South China Morning Post (SCMP) reports.

Negative
cover-imageThe Currency Analytics
December 12, 2024

Bitcoin Faces Selling Pressure as Market Shifts

Bitcoin (BTC) has been experiencing a notable shift in market dynamics, raising questions about its future price movements. Long-term holders, who have traditionally been key players in Bitcoin's market stability, are now starting to sell their holdings.

Positive
cover-imageNewsBTC
December 12, 2024

Hidden Driver Of Bitcoin's Rally: Coinbase Dominance Fades, Binance Takes The Lead

While Bitcoin (BTC) has previously shown significant momentum in this market cycle, recent insights suggest that liquidity sources beyond Coinbase may be driving the trend. A CryptoQuant analyst, Mignolet, specifically provided a detailed analysis of Bitcoin's market, shedding light on the role of major exchanges like Coinbase and Binance in the ongoing bull cycle.

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