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Bitcoin News / Bitcoin.com - 4 months ago

Peter Schiff Sees Bitcoin Setting up for Major Crash as Dollar Collapse Looms

Mounting global bond stress and soaring precious metals signal a weakening dollar and looming stagflation, while bitcoin faces a sharp reckoning as its digital gold narrative falters, economist Peter Schiff warned. Peter Schiff: A Dollar Collapse Is...

Bitcoin News / Bitcoin.com - 4 months ago

$10K Bitcoin Path: Strategist Warns Failure to Hold $100K Signals End-Game Risk

Bitcoin could face a deep, prolonged slide toward $10,000 if it fails to hold above $100,000, signaling a potential late-cycle peak and broader risk-asset reversal, according to Bloomberg Intelligence strategist Mike McGlone. $10K No Longer Unthinkab...

Bitcoin News / Bitcoinist - 4 months ago

Grid Wars: Bitcoin Hashrate Drops As AI Demands More Electricity

Bitcoin’s network power dipped this week, falling back under the one-zettahash mark after several months above it. Reports show the seven-day average hashrate near 993 EH/s, a clear pullback from last year’s highs. Hunger For Power Reports say big A...

Bitcoin News / Bitcoin.com - 4 months ago

Tim Draper Bets Big Again, Calls $250K Bitcoin in Six Months

Venture capitalist Tim Draper is back with another bold bitcoin call, declaring in an X post after his interview with the Divot podcast and host Derek Andersen that the leading digital asset will hit “$250,000 in six months.” The billionaire doubled...