Crypto

Young men profit from risky crypto and political betting

Young men are increasingly investing in risky crypto and political bets, yielding high returns despite potential risks and disadvantages.

Published

1 year ago

December 8, 2024

ticker NEWS

Young men are increasingly taking risks in cryptocurrency and political betting, reporting substantial gains as markets rise.

Investments by young men are significantly outperforming traditional ones.

A diverse portfolio consisting of bitcoin, gold, GameStop, and DraftKings yielded a 62% return in 2023.

Many young male investors view their speculative trades as a pathway to traditional goals, supported by the entertainment aspects of mobile trading. However, owning cryptocurrency and meme stocks is influenced by gender attitudes. Data from the Pew Research Center shows a stark disparity between young male and female investors in crypto ownership.

Political expectations

The recent surge in bitcoin prices is partly due to favorable political expectations surrounding the newly elected administration. Political betting has also grown, with a majority of participants being male and under 30.

Many young men feel compelled to pursue risky investments due to economic pressures and perceived barriers. While they report higher earnings, nearly half claim to face discrimination, contributing to feelings of alienation.

The pandemic fueled increased retail participation in investing, especially among younger demographics. Influencers on online platforms significantly impact investment decisions, often promoting risky behavior.

Crypto

Bitcoin falls below $67,000 as market sentiment wavers

Bitcoin falls below $67K amid sell-off; analysts cite interest rates and ETF flows as market pressures.

Published

3 days ago

February 12, 2026

Harvey Vargas

Bitcoin falls below $67K amid sell-off; analysts cite interest rates and ETF flows as market pressures.

Bitcoin has tumbled below $67,000, extending a recent decline as investor confidence wavers. The cryptocurrency stabilised near $67,000 after briefly dipping to around $66,996.

The sell-off follows Bitcoin falling below the $70,000 mark on February 5, with analysts from Deutsche Bank citing the fading ‘Tinkerbell effect’ as a key reason for the wavering valuation.

Additional pressures from the Federal Reserve’s interest rate policies and large ETF inflows and outflows have intensified the crash. Despite the turmoil, some analysts point to early signs of potential market stabilisation.

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#Bitcoin #CryptoNews #BitcoinCrash #CryptoMarket #CryptoUpdate #BitcoinTrading #MarketAnalysis #FinancialNews

Crypto

Bitcoin tumbles as volatility surges and analysts warn of more downside

Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

Published

2 weeks ago

February 3, 2026

Harvey Vargas

Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

Bitcoin has had a bruising week, slipping below 80,000 for the first time since April 2025 and trading near 77,900 as global markets turn risk off. The pullback has wiped more than 200 billion from the crypto market, with thin weekend liquidity accelerating the sell-off.

Volatility has surged after more than 2 billion dollars in bitcoin positions were liquidated since Thursday, intensifying price swings and unsettling investors. Analysts are divided, with some calling a potential short-term bottom near 70,000 while others warn the turbulence may not be over yet.

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Crypto

White House holds talks with crypto and banking executives on new rules

White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.

Published

2 weeks ago

January 29, 2026

Harvey Vargas

White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.

The White House is set to meet with banking and cryptocurrency leaders to push forward federal crypto legislation. Discussions will focus on stablecoin interest and financial rules under the Clarity Act.

The bill aims to provide clarity for digital assets but faces delays over competition and financial stability concerns. Crypto companies emphasise that offering interest is crucial to attract customers.

#CryptoNews #Stablecoins #FinancialRegulation