Glassnode data shows that new Bitcoin investors, those holding for 24 hours to 3 months, now control 50.2% of the market’s wealth. This figure is below the peak levels observed in previous cycles, specifically 85% in 2018 and 74% in 2021. Notably, this latest figure comes at a time when Bitcoin is experiencing heightened volatility. … Read more
Mexican Peso recovers from a sharp decline due to US trade threats, showing market resilience. Despite improved risk sentiment, Trump’s reaffirmed tariff plans on key industries maintain market tension. Traders eagerly await Mexican economic indicators, including the December Unemployment Rate and preliminary Q4 GDP. The Mexican Peso (MXN) recovered some ground after Monday’s session, when … Read more
Bitcoin and ether exchange-traded funds (ETFs) started the week in the red with $457 million and $136 million in outflows. 7-Day Inflow Streak Comes to an End With Significant Outflow U.S. spot bitcoin ETFs experienced a net outflow of $457.48 million on Monday, Jan. 27, following seven consecutive days of positive inflow. Fidelity’s FBTC led … Read more
Bitcoin has been making waves in the financial world, with many speculating about its potential to reach new heights. As we explore whether the Bitcoin price can realistically hit $200,000 this cycle, we’ll dive into the market dynamics and what drives prices higher. For an in-depth complete analysis, refer to the original Can Bitcoin Realistically … Read more
Things have changed now, and I don’t think people have truly grasped the scope of that change. For all his flaws, and complete lack of personal care on the subject, a sitting President has made promises to act favorably towards this space from a regulatory point of view. Obviously, many of the things he will … Read more
Tokenized T-Bills can now be traded on the Arbitrum network using Spiko’s money market funds.
Crypto giant Binance is under investigation in France for the second time, following an initial probe in 2023. French prosecutors have formally opened a judicial investigation into alleged crimes, including drug trafficking, money laundering, and tax evasion at Binance. The probe may also involve additional undisclosed charges, according to a Reuters report published on Tuesday, … Read more
Bitcoin coils below $103,000, but dovish comments from this week FOMC could send BTC price to new highs.
Scott Bessent confirmed as U.S. Treasury Secretary, set to shape tax reforms, crypto policies, and global economic strategies under Trump. The U.S. Senate has officially confirmed Scott Bessent as Treasury Secretary. On January 27 senators voted with a 68-29 tally to confirm his nomination. Sixteen Democrats showed support, creating an example of bipartisan approval among … Read more
Lawyers for Cynthia Lummis filed an amicus brief as part of Coinbase’s appeal over a ruling in its case with the SEC, claiming the commission “flouts” its enforcement authority.