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Donald Trump’s protectionism is sinking the markets. Technical indicators are flashing red. Bull run may be over. Well that was quick. Just 16 months after the cryptocurrency market reversed a grinding slide and reached all-time highs in the “euphoria zone,” the bull market is collapsing. And the reason is simple: Donald Trump. At least, this…
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After a couple of sessions of good vibes, risk markets headed back into retreat on Tuesday, one day ahead of the results of this week’s U.S. Federal Reserve policy meeting. Bitcoin was trading at $81,300 at press time, lower by 3.5% over the past 24 hours. Solana (SOL), ether (ETH) and XRP were posting modestly…
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It is not every day that you hear someone call Bitcoin BTCUSD not just a bad investment but outright harmful to the economy. But then again, Peter Schiff is not just anyone. The economist, known as the biggest skeptic of cryptocurrencies and an equally popular gold proponent, has once again taken aim at Bitcoin, this time…
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Strategy Inc. MSTR has been a wild ride, surging 90.7% over the past year but slipping 4.48% year-to-date. Now, as the stock struggles below its five-, 20- and 50-day EMAs, the debate over its future is heating up — featuring none other than Michael Saylor and Peter Schiff in opposing corners. Read Also: Strategy Stock…
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Bitcoin (BTC-USD) is on the decline alongside bitcoin ETFs — like iShares Bitcoin Trust ETF (IBIT) — recording their longest run of weekly net outflows, according to Bloomberg. Core DAO founding contributor Rich Rines examines what could serve as a catalyst to reverse the cryptocurrency’s direction. The cryptocurrency hovers below $82,000 on Tuesday. To watch…
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LOWER MAKEFIELD TOWNSHIP, PA —Bitcoin is back as a fraud scam in the township. The Lower Makefield Township Police Department has released its blotter of criminal incidents for the past week. These are the criminal incidents: March 13 FRAUD —700 block of Bushell Lane, reported at 12:35 p.m. The complainant reported purchasing $21,200 worth of…
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As the price of bitcoin (BTC) declines towards the average purchase price at Strategy (formerly MicroStrategy), founder Michael Saylor is willing to pay USD dividends at up to 18% per year to access more capital. In an announcement about a new series of stock that he calls the “STRF Perpetual Preferred Stock,” Saylor revealed that…
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Key Takeaways The Trump administration plans to acquire Bitcoin using budget-neutral methods. Bitcoin is being positioned as a strategic asset akin to digital gold for the United States. Share this article The Trump administration plans to aggressively acquire Bitcoin through budget-neutral methods that won’t impact taxpayers, said Bo Hines, the executive director of the Presidential…
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The Trump administration is doubling down on its Bitcoin strategy, with top officials emphasizing their commitment to growing the U.S. government’s BTC holdings. Speaking at the Digital Assets Summit today in New York, Bo Hines, Executive Director on Digital Assets for President Trump, made it clear that the United States is determined to accumulate Bitcoin…
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Xapo Bank, a wealth manager for long-term holders of bitcoin, said it is offering its members BTC-backed loans of up to $1 million. Crypto lending became something of a bête noire in recent years following a series of high profile collapses and bankruptcies that shook the crypto industry. But crypto-backed loans are now making a…