Story Highlights Mark Yusko explained US doesn’t actually have a strategic Bitcoin reserve He sees Bitcoin as a superior form of money because it operates independently of governments Mark Yusko, the Founder, CEO, and CIO of Morgan Creek Capital Management, has expressed strong support for the proposed U.S. Bitcoin Reserve Bill, but with a dose
As is known, yesterday the US Attorney’s Office for the Eastern District of New York (EDNY) formally accused Chinese businessman Chen Zhi of running a large-scale cryptocurrency investment scam in more than 30 countries and filed a lawsuit. In this case, the US Department of Justice (DOJ) requested the seizure of 127,271 Bitcoin (BTC) and
After Bitcoin (BTC) experienced a sharp correction on October 10, leading cryptocurrency analyst TradingShot has noted that the pattern closely echoes the price movements seen during the COVID-19 crash in March 2020. The recent plunge, triggered by renewed trade tensions and tariff threats, has drawn attention from the trading expert, who suggested that Bitcoin’s technical
October is usually a strong month for Bitcoin, but this year is breaking the pattern. So far, the price is down 1.13%, raising alarms among traders. Crypto analyst Captain Faibik warns that the recent drop isn’t just a normal pullback, it could be the start of a major correction, putting late buyers at risk of
Bitcoin is trading just below a long-term resistance level that has marked key turning points in past market cycles. The asset stood at around $112,100 at press time, down slightly over the past 24 hours and down 8% over the past week. Though short-term performance is weak, some technical and on-chain indicators are pointing to
Bitcoin price continued its decline after Trump’s China import threats reignited fears of a renewed U.S.–China trade war. Summary Trump’s cooking oil ban threat on Oct 14 deepened trade war fears. Bitcoin dropped below $112K, with $90B trading volume amid volatility. Rising liquidations and Fed rate cut uncertainty worsen bearish market sentiment. Bitcoin traded near
The ongoing U.S. government shutdown has deprived traders of the latest economic data releases, injecting a sense of directional uncertainty into the markets. In such situations, it’s useful to look back at how markets have reacted to previous shutdowns. Interestingly, the previous U.S. government shutdown, which lasted from late December 2018 to January 2019, coincided
Jim Cramer, the well-known host of CNBC’s Mad Money, has issued a strong warning to investors. He said that people investing in American Bitcoin (ABTC) could “lose everything.” His comment quickly spread online, with many in the crypto community reacting strongly. Some took Cramer’s Bitcoin warning seriously, while others joked that this might actually be
Bitcoin whales, the large investors who hold massive amounts of BTC, are buying again. Data shows that whale holdings have turned upward, crossing above the one-year moving average. This shift in Bitcoin whale accumulation has historically been a reliable signal for the start of prolonged bullish phases. After months of distribution and price uncertainty, whales