Bitcoin took a stumble this week, dropping just under the $95,000 mark as two big forces hit the financial world at once. On one side, Donald Trump made waves with a fresh round of tariff threats. On the other hand, everyone’s holding their breath ahead of the Federal Reserve’s next move on interest rates. Together,…
According to recent Bernstein research, corporations could invest up to $330 billion in Bitcoin over the next five years. “We expect around $330 billion corporate treasury-led inflows to Bitcoin by 2029,” the analysts stated. This potential shift suggests Bitcoin is evolving from a speculative asset to a legitimate corporate treasury option. They added that, over the…
Florida has become the latest state to drop plans for a Strategic Bitcoin Reserve, shelving two key bills that would have allowed public funds to be invested in Bitcoin. According to the Florida Senate, both of Florida’s Bitcoin reserve bills, House Bill 487 and Senate Bill 550, were “indefinitely postponed and withdrawn from consideration” on…
Key Takeaways Bitcoin gained 13% in April despite a broader market selloff. Ethereum’s dominance in smart contract fees significantly decreased as users migrated to other networks. Share this article Bitcoin showed flashes of independence from equities in April, renewing hopes that it’s evolving into a true macro hedge. However, VanEck’s recent data tell a different…
Among the many hot takes and bold statements shared at the Token2049 event in Dubai on 30 April 2025, Tether CEO Paolo Ardoino’s comment took the proverbial cake. “Fiat currencies are memecoins with extra steps,” he said. Although outlandish, the statement did have some truth to it. As Ardoino explained, humans create fiat currencies, changing…
TL;DR A substantial surge in token burning and rising activity on Shibarium suggest renewed momentum could be building for Shiba Inu’s native token. Additionally, recent exchange outflows signal SHIB holders are shifting to self-custody, which supposedly reduces short-term selling pressure. Time for a New Surge? The second-largest meme coin witnessed a solid price increase towards…
As mentioned in last week’s forecast of XAUUSD, gold continued its bearish pattern and broke into the 3200s zone. With global tensions, especially the tariff situation easing out, investors were seen shifting their interest from safe-haven assets and shifting to risk-based assets like stocks, or cryptocurrencies. This week, gold is looking to consolidate before the…
For years, traditional finance folks saw Bitcoin as the wild child of the investing world. Volatile, unpredictable, and probably just a passing trend. Fast forward to now, and the world’s largest asset manager, BlackRock, is flipping the narrative. Their take? It might actually be too risky not to own some Bitcoin. Bitcoin ETF inflows for…
Although BTC failed at $100,000 and the broader market faced a minor 2.1% pullback, U.S. President Donald Trump has doubled down on his pro-crypto stance, calling the asset class “very popular,” “very hot,” and even “much stronger” than the stock market. The comments were made in a May 4 sit down with Meet the Press…
U.S. stocks slipped Monday, ending a historic rally as investors grew cautious over renewed trade tensions and awaited signals from the Federal Reserve. The S&P 500 dropped 0.64% to 5,650.38, breaking a nine-day winning streak — its longest since 2004. The Nasdaq Composite fell 0.74% to 17,844.24, and the Dow Jones Industrial Average dipped 0.24%…
