Bitcoin (BTC) surged to $90,000 for the first time since March 7, adding more than 5% in the past five days as the paths of the largest cryptocurrency and traditional equities diverge. In comparison, the S&P 500 was trading above 5,700 points on March 7 and has since slipped below 5,200. Despite the recent bounce,…
Washington D.C., USA, April 22, 2025 (GLOBE NEWSWIRE) — The Bitcoin market is at a strategic crossroads, with a proposal that could redefine its future on the horizon. What if the United States buys 1 million Bitcoins? This simple decision could trigger a surge in the price of Bitcoin, perhaps even pushing it to $1…
Bitcoin BTC/USD is regaining attention as a hedge against systemic risk as concerns mount over the independence of the U.S. Federal Reserve. What Happened: According to Standard Chartered‘s Global Head of Digital Assets Research, Geoffrey Kendrick, Bitcoin has a dual role as both a tech-correlated asset and a safeguard against private and public sector financial…
Bitcoin mining firm Bitdeer has secured a $60 million loan to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates. According to its annual report, Bitdeer entered a loan agreement in April with affiliate firm Matrixport, a crypto financial services company founded by Bitdeer chairman Jihan Wu. The…
Bitcoin (BTC) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin price faces stiff resistance on the…
Bitcoin price extends its gains on Tuesday following a nearly 3% rise the previous day. US spot ETFs recorded an inflow of $381.40 million on Monday, the highest since January 30. Microstrategy announced on Monday that it had acquired 6,556 BTC for $555.8 million. Bitcoin (BTC) is extending its gains, trading above $88,000 at the…
Bitcoin’s decoupling from traditional markets is becoming more visible as global capital stress intensifies. A resurgence of tariffs, elevated interest rates, and softening corporate earnings have introduced renewed volatility across equities and credit markets. Many large-cap companies are underperforming, weighed down not by fundamentals alone, but by geopolitics, trade policy, and policy uncertainty. And yet—Bitcoin…
Bitcoin (BTC) has surged past $89,500 this morning, marking a significant 3% increase over the past 24 hours. This rally positions BTC near its highest levels since early March, signaling renewed investor confidence in the cryptocurrency market. Key Drivers Behind Bitcoin’s Rally Weakening U.S. Dollar: The U.S. dollar index has fallen to a three-year low,…
With import levies as high as 46% and capital flowing to low-risk Bitcoin exposure via ETFs, miners are confronting a tightening squeeze on both cost and funding fronts. Bitcoin (BTC) miners in the United States are facing two major challenges at once: rising equipment costs due to import tariffs and growing competition from financial products…
Peter Schiff has built a career on deriding Bitcoin. The outspoken gold evangelist and fund manager famously scoffed in 2019, “Keep dreaming. Bitcoin is never going to hit $100,000!”1. To Schiff, the world’s largest cryptocurrency has long been nothing but “digital fool’s gold” – a speculative bubble destined to pop, or as he put it…