Cryptocurrency analyst Joao Wedson shared a noteworthy market assessment regarding the relationship between gold and Bitcoin. According to Wedson, the excessive optimism observed in the gold market at the beginning of the year was a classic “peak buying” signal, and this expectation was quickly realized. Wedson noted that gold experienced a strong increase in volatility
The Algorand Foundation on Wednesday joined the ranks of crypto firms slashing headcount, losing 25% of its fewer than 200 employees and citing “the uncertain global macro environment” and a broader crypto downturn. The cuts arrived as a wave of layoffs proliferates across the industry. In February, Gemini Space Station (GEMI) said it would eliminate
Strategy (MSTR), already the world’s biggest corporate holder of bitcoin $BTC$70,749.09, is on track to record its second-largest quarterly accumulation, continuing its aggressive treasury expansion even as the cryptocurrency’s price sank 20%. Since January, the company has bought 89,618 $BTC, bringing its total holdings to 761,068 $BTC. With two Mondays still left for potential purchase
Federal Reserve Board member Christopher Waller made noteworthy comments regarding interest rate policy in his recent statements. Waller stated that he initially considered calling for interest rate cuts following the weak employment data released in February, but increased inflation risks and geopolitical developments changed his view. Speaking in an interview with CNBC, Waller stated that
Morgan Stanley has access to trillions in client assets, and its Bitcoin ETF could mark the moment big investors start using Bitcoin on a larger scale. The global financial services firm is now closer to launching the fund under the ticker MSBT after filing a second updated S-1 with the U.S. Securities and Exchange Commission
Bitcoin cycles are often interpreted through a rather simple lens: that of the repetitiveness linked to Bitcoin’s halving. How Bitcoin Cycles Work Bitcoin cycles are often interpreted through a rather simple lens: that of the repetitiveness linked to the Bitcoin halving. Historically, the periodic reduction of the new BTC supply has coincided with a fairly
Story Highlights James Wynn – the trader who turned $87M into “broke” – is back on Hyperliquid with another 40x Bitcoin short. His liquidation price is $71,112. Bitcoin is trading at $70,697. The crypto community has seen this before, and they are not holding back. James Wynn is back on Hyperliquid. The trader who turned
Bitcoin ($BTC) stayed near the $70,000 level after a volatile week shaped by geopolitical tensions and the latest Federal Reserve meeting. $BTC price traded at $70,672.50 at the time of writing, down slightly over 24 hours and up 0.11% over the past seven days. Summary $BTC price stayed above $70,000 after sharp swings tied to
A proposal in Washington could alter one of the basic rhythms of US markets: how often public companies have to publish quarterly reports. The SEC is reportedly preparing a proposal that would make quarterly reporting optional, letting companies file financial updates twice a year instead of four times. Backers say the current system feeds short-term