Peter Schiff Predicts Strategy (MSTR) Bankruptcy if This Happens
Economist Peter Schiff has expressed concerns over Strategy’s financial health, citing risks of bankruptcy due to its leveraged Bitcoin strategy.
Bitcoin Reserve Will Make US Dollar Worthless, Warns Critic Peter Schiff
Economist Peter Schiff warns that large-scale Bitcoin purchases could drive the dollar into hyperinflation, potentially causing a market collapse.
Potential $4B Bitcoin Sell-Off by US Government, Here’s What Peter Schiff Says
The US government’s custody of 69,370 Bitcoins seized from Silk Road has triggered market speculation, with Peter Schiff taking jabs at Michael Saylor.
Bitcoin Critic Peter Schiff Warns BTC Is Poised to Fall Below $58,000
By
Tolu Ajiboye
Schiff believes that Bitcoin cannot be compared to gold since gold has hit a new record high while BTC is already topping out.
Japan’s Nikkei Crash by 20% from July Highs, Crypto Rout Continues
Popular Bitcoin critic Peter Schiff also predicts a major downfall in the Bitcoin ETF market on Monday. He expects a gap down of nearly 15-30% on Monday, as the US market goes live for trading.
Peter Schiff Warns US Government Would Sell Entire Bitcoin Stack before Elections
Peter Schiff said that now that the Biden administration is aware of Donald Trump’s plans to make Bitcoin a strategic reserve, they would take this to their advantage.
Peter Schiff Challenges Flawed Bitcoin Use Case Propositions
Peter Schiff criticized the Kennedy Bitcoin proposal, calling it a “vote-buying” strategy. He believes that RFK is trying to appeal to the emotions of BTC enthusiasts.
Crypto Crash Looms as Market Analyst Peter Schiff Warns of Impending Downturn
Schiff expressed his concerns about gold and silver, stating that they are not immune to market sell-offs.
Most Bitcoin Mining Rigs Now Unprofitable amid BTC Price Dip
Bitcoin has dropped below the 200-day Simple Moving Average (SMA). Usually, when the market trades below the 200-day SMA constantly, it is assumed to be following a downtrend pattern.
Bitcoin, Ethereum, Solana Outranks Traditional Assets in Latest EXPAAM Ranking
This market outlook is bound to question the sentiments of critics like Peter Schiff who have constantly spoken against Bitcoin’s status as a “safe haven”.
Peter Schiff Mocks Semler Stock Spike after Bitcoin Buy
Schiff’s commentaries are in line with a recent trend in the corporate world where major companies are increasing their Bitcoin exposure.
Peter Schiff Questions Bitcoin (BTC) Status as Safe Haven, Here’s Reason
With Bitcoin’s recent price surge, it can be inferred that Schiff’s post questioning the leading cryptocurrency’s safe haven status may have been premature.
Bitcoin ETFs See Record Inflows while Gold ETFs Bleed, Liquidity Rotation in Play
While BlackRock’s Gold ETF has registered major outflows in 2024, its Bitcoin ETF stands tall at first place with $4.8 billion in flows so far in 2024.
Bitcoin Critic Peter Schiff Predicts $10 Million BTC Price If This Happens
Schiff also criticized mainstream media coverage of Bitcoin ETFs, noting that many analysts expressing caution now did not offer such warnings before their launch.
Grayscale’s GBTC Sees $640M Outflow in One Day amid ETF Bear Market
The approval of spot Bitcoin ETFs was anticipated to be a positive catalyst for Bitcoin’s price. However, the reality has been starkly different, with Bitcoin experiencing a decline.