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Mark Cuban Is ‘Factually Wrong’ With His Bitcoin Thesis, Scott Melker Argues
Billionaire investor Mark Cuban sold most of his Bitcoin (CRYPTO: BTC) holdings, saying the cryptocurrency “lost the plot” after failing to act as a hedge during the Iran war.
Yet, one analyst says Cuban got his facts wrong.
Cuban Claims Gold Ripped While Bitcoin Dropped During Iran War
Cuban had previously explained he bought Bitcoin as the best alternative to fiat currency losing value and believed it was a superior version of gold.
He argued that during the Iran war, gold skyrocketed to $5,000 while Bitcoin dropped instead of rising.
He pointed out that every time the dollar dropped, Bitcoin should have gone up because it would be cheaper for anyone around the world to buy. Instead, Bitcoin failed to perform as the hedge he expected.
Cuban said he’s “more disappointed in …
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Crypto Market News
Crypto Biz: Institutions tighten their grip on Bitcoin, AI and prediction markets

Institutional crypto adoption accelerates as Tether expands Bitcoin holdings, miners pivot to AI and Polymarket joins Nasdaq amid $1 billion fund outflows.
Bitcoin price falls under $77K as Dow Jones hits new all-time highs

Bitcoin headed lower as Wall Street trading began with new record highs for the Dow Jones, while traders warned of weak US demand.
NYSE owner ICE to launch oil-linked futures with OKX

ICE and OKX plan to launch oil-linked perpetual futures based on Brent and WTI benchmarks, bringing crypto derivatives further into traditional energy markets under licensing restrictions.

