BTC traders often track the DXY metric because of the correlation between the dollar’s dominance and Bitcoin’s pump and dump cycles. Right now, the DXY has sunk to a historically weak level, trading 6.5 points below its 200-day moving average, marking the largest deviation in the past 21 years. Meanwhile, U.S. debt has also reached
Story Highlights Corporations Drive Bitcoin Demand Surge: With over 858,000 BTC held by public firms, a supply shock may trigger a major shift in global finance. Hyperbitcoinization in Sight: As companies adopt BTC as a treasury reserve, crypto analysts warn this could mark the decline of fiat dominance. Could corporations trigger the end of fiat
Robinhood’s latest product pitch — tokenized versions of private company stocks like OpenAI and SpaceX — is already drawing heat. While the trading app claims these tokens let retail users “get exposure” to pre-IPO giants, it turns out they do not represent any actual equity. According to Ripple CTO David Schwartz, if things go sideways,
Story Highlights Cryptoquant analyst Axel Adler Jr’s data suggests Bitcoin could break its last record within seven days. Past cycles prove Bitcoin can set fresh highs quickly when big pullbacks do not happen. Weakening U.S. dollar index adds support, boosting Bitcoin’s chance to cross all-time high. It’s been nearly two months since Bitcoin last tried
Circle, the firm behind the USDC stablecoin, is expanding its presence in global payments infrastructure with a significant new initiative. The company has officially launched stablecoin-powered payouts to Brazil and Hong Kong. Meanwhile, the CRCL stock price reacted swiftly, moving towards the $210 mark.
A weakening U.S. dollar is opening the door for a possible new surge in Bitcoin, stirring questions about whether one of finance’s most familiar patterns is about to play out again. That’s the view in a July 9 analysis shared by CryptoQuant contributor Darkfost, who points out that the U.S. Dollar Index has dropped to
U.S. President Donald Trump has intensified his tariff rhetoric this week, but financial markets aren’t convinced, likely expecting the President to back down and eventually reach a compromise with trading partners. Earlier this week, the Trump administration sent out letters to 14 countries, warning of higher tariffs on their export of goods to the U.S.
Anthony Pompliano’s ProCap, recently shared an update on its progress and valuation metrics. ProCap has entered into a $1 billion business combination agreement with Columbus Circle Capital Corp 1 (CCCM). As part of the deal, ProCap has raised over $750 million and already deployed more than $500 million to purchase bitcoin BTC$108,564.58 , amassing a
Bitcoin (BTC) has been stuck in a range for a long time now, with no clear movement either up or down. At this point, Bitcoin has been locked in a tight consolidation range between $100,000 and $110,000 since June 23. While the market is curiously following which direction BTC will move, analysts explained why Bitcoin
Companies building bitcoin BTC$108,711.05 treasuries are currently the focus of the digital-assets ecosystem as global adoption widens, and three existing participants have announced a total of about $278 million in new funding to boost their holdings in recent days. Remixpoint (3825), a Japanese energy consulting firm, disclosed Wednesday that it raised around 31.5 billion yen