U.S. Senator Cynthia Lummis has encouraged “people to buy and hold” bitcoin in their portfolios. “I encourage them to save bitcoin for their retirement, for their future,” she said, adding that with Congress flooding the economy with trillions and trillions of dollars, “there’s no way” the value of the U.S. dollar will not be debased.
Tom Brady and Gisele Bündchen Take Equity Stake in Crypto Firm FTX
Celebrity couple Tom Brady and Gisele Bündchen have taken an equity stake in crypto firm FTX as part of a long-term partnership, marking the duo’s newest foray into the world of digital assets.
NYDIG Launches Bitcoin Trading for 650 U.S. Banks
By providing crypto purchases directly from U.S. bank accounts, the new program will challenge the current retail-facing crypto exchanges like Robinhood and Coinbase.
When Will Crypto Rebound and Should You Buy the Dip?
China’s intensifying crypto crackdown, Jim Cramer talking about dumping Bitcoin, Mark Cuban getting hit in a Titan token investment, and other negative events recently shook investors’ confidence in cryptocurrencies. Bitcoin fell below $30,000 in many months and investors crossed their fingers for a crypto rebound.
Bitcoin surges 18% after a wild day that saw the cryptocurrency briefly drop below $30,000
Bitcoin sank below the key $30,000 threshold Tuesday, at one point briefly erasing all its 2021 gains. On Wednesday, the world’s biggest cryptocurrency climbed more than 18% to trade back above $34,000. Bitcoin had a solid start to the year but has been on a roller-coaster ride more recently amid a slew of negative news.