Financial Insights That Matter Bitcoin may be headed for choppy waters as escalating U.S.-China trade tensions threaten its short-term stability. The digital asset briefly dipped below $100,000 on February 4, as both nations announced retaliatory import tariffs, sparking fears of a full-blown trade war, according to Cointelegraph. Maximize Your Portfolio with Data Driven Insights: Leverage […]
Financial Insights That Matter Bitcoin BTC/USD is trading around $99,200 on Tuesday, following China’s announcement of retaliatory tariffs on certain U.S. goods. What Happened: On Tuesday, China announced new tariffs on certain U.S. imports, marking a retaliatory response to recent U.S. trade measures. Beginning Feb. 10, China will impose: A 15% tariff on coal and […]
Financial Insights That Matter Bitcoin could see unprecedented capital inflows ranging from $150 billion to $500 billion as US President Donald Trump signed an executive order on Monday mandating the creation of a new sovereign wealth fund. The initiative—which did not explicitly reference BTC during its announcement—will be helmed jointly by US Secretary of Commerce […]
Financial Insights That Matter MicroStrategy has made headlines again, but this time not for another mammoth Bitcoin acquisition. The company, known for its aggressive accumulation strategy, has temporarily put the brakes on its Bitcoin buying spree after 12 straight weeks of purchase. Some analysts believe a strategy change may be in the works, but others […]
Financial Insights That Matter Crypto giant Bitcoin may have witnessed significant volatilitycausing its price to drop as low as $91,000 after reaching a new all-time high. However, a crypto analyst believes that BTC’s bull run has not yet reached its peak, suggesting an impending move toward new highs and a market top. Market Top For […]
Financial Insights That Matter David Sacks speaks at the 2024 Republican National Convention in Milwaukee, Wisconsin. (Photo by Scott Olson/Getty Images) Getty Images David Sacks, the nation’s first AI and crypto czar, held his first press conference on Tuesday alongside four congressional leaders: Senate Banking Committee Chair Tim Scott (R., S.C.), House Financial Services Committee […]
Financial Insights That Matter Bitcoin bounced back after President Donald Trump’s tariff threats forced Mexico and Canada to come to the table, but the geopolitical episode weighing on crypto may not be over yet. Though Mexico and Canada reached deals with the U.S., delaying tariffs by 30 days, 10% levies on imported Chinese products still […]
Financial Insights That Matter Satoshi Nakamoto, Bitcoin’s pseudonymous creator, holds around $100 billion worth of cryptocurrency across thousands of wallets. Satoshi’s known Bitcoin (BTC) stack amounts to 1,096,354 tokens worth $100 billion as of Feb. 4, according to blockchain tracking startup Arkham. The on-chain intelligence provider said Satoshi’s BTC trove is spread amongst over 22,000 […]
Financial Insights That Matter Bitcoin (BTC) is positioned to benefit in the long term regardless of the outcome of President Donald Trump’s trade policies, according to Bitwise head of alpha strategies Jeff Park. Whether a successful agreement leads to a weaker dollar or an extended trade conflict results in increased monetary stimulus, Park argued that […]
Financial Insights That Matter White House AI and crypto czar David Sacks says the review of potential Bitcoin reserve is a top priority for the Trump administration. At a press conference with Republican lawmakers, Sacks said the President’s new working group on digital assets will first consider whether the US government should hold Bitcoin as […]