Financial Insights That Matter On June 5, 2021, a crowd of thousands in the US heard that El Salvador had adopted bitcoin (BTC) as legal tender. After a few days of celebration, speculation about other countries following suit immediately captured their collective imagination. Although most countries were ambivalent about BTC prior to the news, a […]
Financial Insights That Matter Bitcoin (BTC) is bracing for a major US macro data week as crypto market participants warn of serious volatility next. Bitcoin retests $92,000 after a promising weekly close, but traders still see a deeper BTC price correction to come. A bumper week of US macro data comes with the Federal Reserve […]
Financial Insights That Matter ARK Invest forecasts Bitcoin (BTC) could reach $2.4 million by 2030 in its bullish scenario, with a base case of $1.2 million and a bear case of $500,000, potentially driving its market cap to $49 trillion. Institutional adoption, Bitcoinâs role as a store of value akin to goldâs $18 trillion market, […]
Financial Insights That Matter Bitcoin spent Tuesday flirting with territory last seen in early March this year, printing an intraday peak of $90,532. The move extends BTCâs surge over the past two days, making it a 7.6% rallye since Sundayâs low. The rise unfolds amid the dollar plumbing threeâyear lows, developments traders widely link to […]
Financial Insights That Matter Bitcoin According to the latest data from Glassnode, Bitcoin whalesâwallets holding over 10,000 BTCâcontinue to accumulate during the ongoing market dip. This behavior signals strong long-term confidence among the largest players in the ecosystem, even as broader market sentiment remains uncertain. The accumulation comes despite Bitcoinâs recent price correction, which has […]
Financial Insights That Matter Binance CEO Richard Teng made a statement about Bitcoin in a recent tweet. Teng stated in an X post that Bitcoin is “the only truly neutral currencyâavailable 24/7 worldwide, without bias or borders. In a world of rising tensions and tariffs, BTC stands strong.” #Bitcoin is the only truly neutral currencyâavailable […]
Financial Insights That Matter Despite uncertainty and nervousness palpable on the market, Bitcoin ETFs returned to net positive territory, with BlackRockâs iShares Bitcoin Trust (IBIT) once again emerging as the dominant force in the sector. As it became known thanks to data from Lookonchain, in the last 24 hours IBIT recorded the largest one-day inflow among all […]
Financial Insights That Matter Xapo Bank, a private banking institution in Gibraltar, has reported a 14.2% increase in Bitcoin trading volumes during Q1 2025. The figure defied broader market sentiment after Bitcoin recorded its worst start to a year since 2018. Notably, the price of Bitcoin dropped 11.7% in the first quarter, yet Xapoâs high-net-worth […]
Financial Insights That Matter Photo: Marco Bello (Getty Images) Michael Saylorâs bluster about never selling your Bitcoin lost a little oomph this week, as the company he co-founded clarified that, actually, there are some circumstances in which it might need to unload some of its stockpile. âA significant decrease in the market value of our […]
Financial Insights That Matter The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trumpâs sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods. Cryptocurrency Gains +/- Price (Recorded at 9.47 p.m. ET) Bitcoin BTC/USD -3.34% $79,672.33 Ethereum ETH/USD -6,13% […]