According to Mike McGlone, Bloomberg’s senior strategist, Bitcoin’s golden decade may be fading into metallic mediocrity. Represented by the XBT/XAU chart, the Bitcoin-to-gold ratio just dropped to 20.18 — almost exactly where it was five years ago. After reaching 40 in late 2024, the benchmark has been cut in half, reviving fears of a complete
The Smarter Web Company has announced it will host the first ever Bitcoin Treasuries Unconference UK on May 29, 2026 in Bristol. The company is the UK’s largest public Bitcoin treasury holder and is fast becoming a leader in corporate Bitcoin strategy. Announcement: Bitcoin Treasuries Unconference UK The Smarter Web Company is pleased to announce
Billionaire brothers Tyler and Cameron Winklevoss recently made a bold prediction about Bitcoin. The Gemini exchange founders said that the cryptocurrency could one day reach $1 million per coin. Their comments came as Gemini went public on the Nasdaq stock market. Bitcoin’s Long Road Ahead The Winklevoss twins have been believers in Bitcoin for more
The cryptocurrency market experienced another Trump effect, with a sudden drop. Accordingly, Bitcoin (BTC) plummeted from around $95,000 to $92,000 within a few hours. This decline also affected altcoins, with major altcoins such as Ethereum (ETH), XRP, and Solana (SOL) losing 3%, 4.4%, and 6.3% respectively. This decline is attributed to US President Donald Trump’s
South Korea’s won is crashing harder than any other currency in Asia this year. It’s down 2.5% against the dollar, making it the region’s worst performer. The USD/KRW pair sits at 1,472.8 at press time, slightly lower on the day, but still staying dangerously close to local highs. Meanwhile, the Singapore dollar is at 1.285,
January has been volatile so far for Bitcoin (BTC), with the asset facing renewed headwinds amid escalating geopolitical tensions between the US and the EU following President Trump’s latest tariff announcements. Over the past 24 hours, the largest cryptocurrency has fallen nearly 2.5% to $92,663. Meanwhile, analysts are pointing to key bear market signals emerging
The Bitcoin price today experienced a sharp sell-off, dropping to $ 92,000 as global crypto markets declined by nearly 3%. The sudden drop shocked traders, but on-chain data and market structure suggest this move may be more of a leverage reset than the start of a full trend reversal. Why Is Bitcoin Price Down Today?
SEOUL, South Korea – January 2025. In a strategic move poised to redefine the nation’s financial landscape, South Korea’s banking sector is consolidating its position to advocate for the issuance of a government-backed digital currency. Crucially, the banks are pushing for a won stablecoin model that would allow them to pay interest to holders, a