Strategy, a Bitcoin (BTC) treasury company, is accumulating Bitcoin at a faster rate than total miner output, giving the supply-capped asset a -2.33% annual deflation rate, according to CryptoQuant CEO and market analyst Ki Young Ju. “Their 555,000 BTC is illiquid with no plans to sell,” the analyst wrote in a May 10 X post. … Read more
As trade war headlines faded into the background last week, markets exhaled—and bitcoin broke above $97,000. Meanwhile, Token2049 Dubai offered both spectacle and substance. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Bitcoin and Token2049 Dubai Bitcoin … Read more
As trade war headlines faded into the background last week, markets exhaled—and bitcoin broke above $97,000. Meanwhile, Token2049 Dubai offered both spectacle and substance. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Bitcoin and Token2049 Dubai Bitcoin … Read more
Hey crypto enthusiasts and investors! Ever feel like you’re riding a rollercoaster watching the market? Well, there was a notable moment on May 9th that caught the eye of those watching the relatively new U.S. Spot ETH ETF market. After a few days of seeing money leave these investment vehicles, we finally saw a positive … Read more
Investors of Bitcoin Satoshi’s Vision (BSV) — a hard fork of Bitcoin Cash (BCH), which itself is a hard fork of the Bitcoin (BTC) protocol, are attempting to revive a 2019 lawsuit against crypto exchange Binance for delisting the altcoin, which the litigants claim stunted the price of BSV. According to Law360, attorneys for the … Read more
JPMorgan Chase just issued a market update, warning sentiment and macroeconomic data do not support a sustained recovery for stocks. Mislav Matejka, the head of global and European equity strategy at JPMorgan, says investors appear to be overly bullish on US equities despite elevated recession risks and trade uncertainty, reports Investing.com. Last month, JPMorgan raised … Read more
In his final game at the Allianz Arena, Thomas Müller celebrates winning his 13th Bundesliga title … More with Bayern Munich. (Photo by Adam Pretty/Getty Images) Getty Images The Bundesliga title is back in Munich. On Saturday, Bayern Munich received the Meisterschale after officially securing the title last Sunday following a 2-2 draw by second-placed … Read more
XRP in the last seven days grew by 8.60% amid the ongoing crypto market rally. The ecosystem has also received positive news concerning its legal battle with the U.S. SEC. XRP, therefore, looks set to attempt new levels with open interest signaling investors’ confidence. Futures market shows strong backing for XRP As per CoinGlass data, … Read more
With the ongoing advancement of blockchain technology, crypto presales are a top avenue for investors who would like to have access to nascent assets with large potential for growth in the longer term. Presales enable investors to purchase tokens at discounted prices before entering public exchanges and enjoy the first-mover status. Thus, they give the … Read more
Bill Miller IV, chief investment officer at Miller Value Partners, told CNBC that cryptocurrency governance is rapidly evolving. He added that bitcoin has once again crossed the six-figure threshold and, in his view, still “has a lot of room to go.” Miller Calls Bitcoin a Check on Fiat Abuse, Hints at $20T Potential During the … Read more