Crypto outflows totaled $415 million last week, marking a sharp reversal from a streak of net positive flows since the beginning of the year. This downturn is largely attributed to Federal Reserve Chair Jerome Powell’s […]
In a weekend exchange on X, Elon Musk was nudged to extend his cost-cutting Department of Government Efficiency (DOGE) to one of the most heavily guarded sites in the United States: Fort Knox, the US […]
Strategy, formerly known as MicroStrategy, has made a strong entry into the market with its Strike Preferred Stock (STRK). Within two weeks of its launch, STRK has become the best-performing and most liquid perpetual security […]
The last 24 hours have been relatively quiet for Bitcoin (BTC) and some of the large-cap altcoins. The primary cryptocurrency has shown very slight volatility, trading at almost the same level observed yesterday (February 15). […]
Michael Saylor, the co-founder of MicroStrategy (now rebranded to Strategy) and a Bitcoin advocate, recently convened a meeting with President Nayib Bukele of El Salvador to deliberate on strategies for promoting the adoption of Bitcoin […]
Over $2.5 billion worth of Bitcoin and Ethereum options contracts are set to expire this Friday. Moreover, markets are still reeling from US economic data this week, including CPI and PPI, but can the derivatives’ […]
GameStop, a video game retailer, and popular meme stock, is reportedly considering investing in Bitcoin and other cryptocurrencies. Three insiders revealed that the company is assessing alternative asset classes, particularly in crypto as the US […]
Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, has gone on record to suggest that recent developments at the gold market might trigger a mass exodus to Bitcoin. Notably, the Bank of England […]
Currently, 20 US states have active proposals to create their own Bitcoin Reserve, several of which are advancing. These bills contain legal obligations to purchase $23 billion in Bitcoin, which would fuel huge demand. These […]
If state-level strategic Bitcoin reserve bills are enacted, “they could drive $23 billion in buying or 247,000 BTC,” said VanEck’s dead of digital assets research, Matthew Sigel, on Feb. 12. “This sum is independent of […]
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