Bitcoin trades at ‘40% discount’ as spot BTC ETF buying soars to $3B in one week

Key takeaways: Data suggests that Bitcoin currently trades at a 40% discount. Over 36,000 Bitcoin were withdrawn from Coinbase and Binance on April 25. Bitcoin’s fractal pattern from Q4 2024 could propel prices above $100,000 in April. Bitcoin (BTC) is currently trading at a 40% discount to its intrinsic value, according to Capriole Investments founder … Read more

I’m Tired Boss

Last week marked three weeks of tariff drama, rate cut speculation, and crypto chaos, leaving markets—and market watchers—exhausted. 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. Markets Need To Catch Their Breath From Sunday through Friday morning, … Read more

Is ETH About to Break $2,000?

Ethereum (ETH), the second-largest cryptocurrency by market cap, is starting to show fresh strength after months of sideways action. With renewed buying interest and improving technical signals, investors are wondering if Ethereum price is finally ready to push past key resistance levels. In this article, we will take a deep dive into the latest ETH … Read more

El Salvador Ends Bitcoin Buys With Public Funds After IMF Deal

El Salvador halts public funding for Bitcoin purchases as part of its financial agreement with the International Monetary Fund (IMF). The government also plans to strip Bitcoin’s status as legal tender and focus on restoring economic stability through regulatory reforms. The El Salvador government has finally decided to stop using public funds to buy Bitcoin. … Read more

Switzerland’s Crypto Framework Tested by Bitcoin Reserve Controversy

Swiss National Bank Chairman Martin Schlegel dismissed the idea of incorporating Bitcoin into the bank’s reserves. Martin has continuously emphasized that the SNB’s reserves must remain highly liquid to serve the bank’s monetary policy needs when necessary. Switzerland is in the throes of a fiery debate over the inclusion of Bitcoin (BTC) in the Swiss … Read more

Stablecoin Transactions Surpass Visa—Experts Warn of ‘Redemption Pressure’

Experts say stablecoins are rapidly growing, with Bitwise reporting their 2024 transaction volume surpassed Visa’s. However, DWF Labs’ Andrei Grachev warns of systemic risks like redemption pressure and reserve management. Stablecoin Transaction Value Surpasses Visa Volumes Stablecoins are experiencing exponential growth, rapidly becoming one of the most significant financial innovations of the last two decades, … Read more

Senator Elizabeth Warren warns of ‘extraordinary conflict’ as Trump expands crypto influence

Elizabeth Warren raises concerns over Trump Media’s crypto ventures and potential conflicts of interest. Trump Media’s partnership with Crypto.com deepens scrutiny as his family’s crypto stakes grow. Democratic Senator Elizabeth Warren has raised serious alarms over former President Donald Trump’s expanding influence in the financial sector, particularly through his crypto-focused ventures. In a letter addressed … Read more