On April 13, Iran initiated a drone strike on Israel followed by reports that unmanned aerial vehicles (UAVs) were intercepted by Israeli, U.S., and other Western allied forces. Concurrently, bitcoin and the broader crypto economy experienced a significant downturn, with many analyzing the fundamentals in the context of a potentially intensifying military conflict. Community Reacts […]
Experts Weigh in on Bitcoin ETF Approval As Sell-the-News Event
As the SEC’s decision on bitcoin ETFs looms, market participants prepare for market impact. Analysts reflect on the possibility of a “buy the rumor, sell the news” situation. A Bitcoin ETF Approval Could Trigger Major Market Movements With the cryptocurrency community eagerly anticipating the SEC’s decision on several pending bitcoin ETF applications, and the likelihood […]
$15K to $45K — 6 AI Chatbots Weigh in With Conservative Bitcoin Forecasts for Year’s End
Four months ago, Bitcoin.com News engaged with six generative AI chatbots, prompting them to forecast bitcoin’s value at the close of 2023. The collective consensus of these AI systems anticipated BTC to land between $ 40,000 and $ 50,000 by the conclusion of the year. With the year now winding down to its …
Libertarian Javier Milei Wins Argentine Primaries: Experts Weigh In on Dollarization as the Peso Fades
Javier Milei, a libertarian politician, won the Argentine primaries with more than 30% of the total vote, causing experts to weigh in on the dollarization plans he has vowed to apply. Milei’s government plan contemplates reducing the political apparatus in Argentina and axing the central bank, which would be closed after the dollarization process. Javier […]