Financial Insights That Matter 3 Reasons Bitcoin and Altcoins Are Crashing The cryptocurrency market is facing a significant downturn, with Bitcoin (BTC) and most altcoins experiencing steep declines. This trend, which started after Donald Trumpâs inaugurationhas continued into recent weeks. On Monday, Bitcoin dropped to a low of $97,855marking a 10% decline from its peak […]
Financial Insights That Matter The U.S. M2 money supply increased in December to $21.5 trillion, just shy of its all-time high. The M2 money supply measures the total amount of money in circulation within an economy, including both liquid and less liquid assets. Meanwhile, the CPI index tracks the average price change of goods and […]
Financial Insights That Matter In another bold display of its ongoing commitment to Bitcoin, software intelligence firm MicroStrategy has acquired an additional 10,107 Bitcoins for roughly $1.1 billion over the past week, bringing the companyâs total holdings to a staggering 471,107. At current market prices, the Bitcoin trove is valued at about $47 billionâa sum […]
Financial Insights That Matter âDebankingâ is about to get a lot of airtime in US politics, but be warned: This debate is a chimera. Crypto enthusiasts, culture warriors and banks all have dogs in the hunt, with each leaning on the othersâ interests and narratives to advance their own. At heart, the issue is about […]
Financial Insights That Matter Brad Garlinghouse 28th January 2025 â (New York) Brad Garlinghouse, the CEO of Ripple Labs, has emphasised the importance of a diverse U.S. digital assets reserve that encompasses multiple cryptocurrencies, going beyond the realms of just bitcoin (BTC) or XRP. Expressing his stance, Garlinghouse stated, âI own XRP, BTC, and ETH, […]
Financial Insights That Matter Bitcoin is primed for its next explosive move, gaining 4% in the past 24 hours to reclaim $103,000 after dipping to $97,750 on Jan. 27. Keith Alan from Material Indicators highlighted the significance of this recovery, stating, âRecovering the 21-Day Moving Average was a positive sign, and Bitcoin is primed for […]
Financial Insights That Matter The price of Bitcoin was rising after Czech National Bank Governor Ales Michl said he wants the central bank to spend billions of euros worth of the country’s reserves on the cryptocurrency. Michl told the Financial Times he would present a plan to the board to invest in bitcoin at Thursday’s […]
Financial Insights That Matter This article was written by Follow Harrison is a financial analyst who has been writing on Seeking Alpha since 2018 and has closely followed the market for over a decade. He has professional experience in the private equity, real estate, and economic research industry. Harrison also has an academic background in […]
Financial Insights That Matter President Donald Trumpâs push for a Bitcoin reserve strategy is winning support across the U.S., bringing the idea closer to becoming a reality. Dennis Porter, co-founder of the Satoshi Act Fund, noted a growing trend among states to establish Bitcoin reserves. Currently, at least 11 states, including Texas and Pennsylvania, have […]
Financial Insights That Matter Metaplanet (3350), the Japanese hotel investor, has announced the largest capital raise in Asian equity market history to buy bitcoin (BTC). Metaplanet has issued 21 million shares through 0% discount moving strike warrants, raising approximately 116 billion yen ($745 million). This allows holders to buy shares at an exercise price equal […]