Analysis News

Peter Schiff has a number. And he wants everyone to see it. The longtime gold supporter and Bitcoin critic took to social media this week to argue that when Bitcoin’s price is measured in gold rather than dollars, the flagship cryptocurrency has lost more than 66% of its value since hitting its all-time high in November 2021. Related Reading: Bullish Signal? Coinbase Bitcoin Premium Turns Positive After Months In Red The Math Behind Schiff’s Claim To make his case, Schiff reframed the comparison in a way that sidesteps the usual dollar-based charts. Back in November 2021, one Bitcoin could buy roughly 34.5 ounces of gold. Today, that same Bitcoin buys just 12 ounces — a drop of more than 64% in purchasing power relative to the precious metal. The dollar figures tell ...

Iran threatens retaliation against US forces and the Strait of Hormuz as Washington deploys its largest regional buildup since 2003.
The post Iran warns of ferocious response to any US military action appeared first on Crypto Briefing.

Strategy (MSTR) has moved to the very top of Wall Street’s crowded-short leaderboard, according to a Goldman Sachs screen of the 50 stocks above $25 billion with the largest short interest as a percentage of market cap, a positioning shift that matters for the market because MSTR has effectively become a listed, levered proxy for Bitcoin exposure. Wall Street Crowds Into Shorts On Strategy In Goldman’s table, Strategy ranks No. 1 with short interest equal to 14% of market cap, ahead of Charter Communications at 12%. CoreWeave and Coinbase follow at 11% each, with Kimberly-Clark next at 10%. After that, the list compresses quickly: Western Digital, Bloom Energy, Dell, Palo Alto Networks, and International Paper all sit at 8%. Related Reading: The Saylor Discount: Why ...

Perplexity AI introduces a unified AI platform, Perplexity Computer, integrating research, design, coding, and app management.
The post Perplexity launches Computer to streamline end-to-end AI projects appeared first on Crypto Briefing.

Bitcoin surges past $68K, triggering $429M in liquidations as Circle jumps 28% and Coinbase leads a broad crypto stock rally.
The post Bitcoin surges past $68K as Circle jumps 28%, fueling surge in crypto stocks appeared first on Crypto Briefing.

Axon's growth underscores the transformative impact of AI on business models, highlighting potential shifts in industry standards and competition.
The post Axon shares soar 20% after upbeat earnings as AI demand accelerates appeared first on Crypto Briefing.

TRON DAO expands TRON Academy partnerships with Oxford, Cambridge, Princeton, and Dartmouth to boost Web3 education and blockchain training.
The post TRON DAO expands TRON Academy initiative with Dartmouth, Princeton, Oxford, and Cambridge appeared first on Crypto Briefing.

Crypto analyst BitQuant has commented on why market participants are not buying Bitcoin and Ethereum despite the recent lows. This comes amid current market weakness, with the on-chain analytics platform CryptoQuant warning of a deeper decline.  Why Investors Are Not Buying The Bitcoin and Ethereum Dip  In an X post, BitQuant noted that no one, except Saylor’s Strategy, is buying Bitcoin at $65,000 because of reports that the U.S. may attack Iran. He added that if that happens, many believe that BTC will drop to $50,000, which is why they are not buying. Ethereum is expected to drop further if BTC declines.  Related Reading: Here’s All You Need To Know About The Bitcoin Price This Week The analyst noted that these market participants are forgetting that Bitcoin fell ...

BTC is stuck between key valuation anchors, with $60k to $69k as the main demand zone. Profitability and breadth are fading, spot and ETF flows stay negative, and leverage has reset. The market is stabilizing, not yet recovering.

Tether's investment in Whop could accelerate global adoption of stablecoins, enhancing digital commerce and financial inclusion worldwide.
The post Tether backs Whop to bring stablecoin infrastructure to millions of creators appeared first on Crypto Briefing.