Financial Insights That Matter A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York CNN — President Donald Trump’s meme coin may be a textbook cash grab — not unlike his $60 made-in-China Bibles and his $400 gold sneakers — but […]
Financial Insights That Matter You may have heard of Ross Ulbricht and how President Donald Trump just pardoned him. But who is he, and what’s it got to do with Bitcoin? For years, the crypto community had been calling for Ulbricht to be freed after a judge in 2015 sentenced him to life in prison. […]
Financial Insights That Matter Three days before taking the oath of office, President Donald Trump launched his own crypto asset: $TRUMP. By the eve of his inauguration, Trump’s share of the so-called memecoin was worth $58 billion, making him, on paper, one of the richest people on the planet. Although the price of the Trump […]
Financial Insights That Matter Bitcoin’s (BTC) price closed Wednesday with a black Marubozu candlestick, signaling that the bearish trend is starting to gain momentum. After being rejected at a key resistance zone between $107k and $109k, Bitcoin formed a short-term reversal pattern, suggesting a potential price drop. Traders are closely watching key signals for clues […]
Financial Insights That Matter Leading cryptocurrencies dipped on Wednesday, diverging with the stock market rally, as the market expects more from the new Donald Trump administration. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m. ET) Bitcoin BTC/USD -2.33% $103,392.39 Ethereum ETH/USD -2.13% $3,255.66 Dogecoin DOGE/USD -1.94% $0.3612 What Happened: Bitcoin steadily fell from the highs […]
Financial Insights That Matter On 21st January 2025, the U.S. Securities and Exchange Commission’s (SEC) new leadership announced a task force to develop a regulatory framework for crypto assets, just one day after the president Trump’s s inauguration. The first major move by President Donald Trump’s new administration to re-design crypto policy. WASHINGTON, DC – […]
Financial Insights That Matter The US Bitcoin (BTC) spot ETF has recorded a net inflow for 5 consecutive trading days. According to TraderT’s data on the 22nd (local time), a total of $248.39 million has flowed into the Bitcoin spot ETFs traded in the US. However, when broken down by ETF, only BlackRock’s IBIT recorded […]
Financial Insights That Matter Bitcoin is navigating a peculiar phase in its market cycle, recently breaking its all-time high (ATH) and holding strong above the critical $100,000 level. Despite this milestone, sentiment remains surprisingly bearish, with a growing number of investors and analysts predicting a potential correction in the near term. The market’s conflicting signals […]
Financial Insights That Matter With Bitcoin recently setting a new all-time high in 2025, fresh discussions have emerged regarding when the ultimate market top for this cycle will occur. On-chain analyst Ali Martinez recently cited Bitcoin’s historical performance following halvings to presents insights into the next cycle peak. In particular, Martinez pointed to a window […]
Financial Insights That Matter SSeveral wallets associated with Ross Ulbricht reportedly hold approximately 430 Bitcoin that were not confiscated by the U.S. government, according to a Coinbase executive. Conor Grogan, Coinbase’s director of product strategy, claimed in a post on X on Jan. 22 that he identified dozens of wallets tied to the Silk Road […]