Daily Archives: May 9, 2025

Bitcoin's price has recently surpassed the $100,000 mark, currently trading at approximately $101,320. This milestone has reignited discussions about the cryptocurrency's future trajectory. Joe Burnett, Director of Market Research at Unchained, has made a bold prediction: Bitcoin could reach $250,000 by the end of 2025 and potentially soar to $1 million by 2030.Burnett's optimistic forecast is grounded in several key factors:Improving Macroeconomic Conditions: Burnett...

The UK's Financial Conduct Authority (FCA) has announced plans to prohibit retail investors from using borrowed funds, including credit cards and loans, to purchase cryptocurrencies. This proposed ban aims to protect consumers from the financial risks associated with investing in volatile digital assets using debt.The FCA's decision is driven by concerns over the increasing number of retail investors using borrowed money to invest in...