Bitcoin’s unprecedented surge, diverging sharply from traditional economic indicators like a weakening U.S. dollar and rising deficits, signals a market in “crisis mode,” according to an X analysis from financial newsletter The Kobeissi Letter. Deficit Spending Drives Bitcoin Rally Into ‘Abnormal’ Territory, Kobeissi Letter States The Kobeissi Letter, a subscription service providing fundamental and technical
Bitcoin remained buoyant as of July 14, 2025, with its price stabilizing at $121,680. The cryptocurrency’s market capitalization hit $2.42 trillion, supported by a strong 24-hour trade volume of $56.62 billion and an intraday range spanning $117,935 to $123,236. Bitcoin Price action over the past 24 hours indicates that bitcoin is firmly entrenched in a
Shanghai’s state asset regulator held a closed-door meeting last week to study stablecoins and blockchain infrastructure, signaling potential pilots in city-run enterprises despite China’s nationwide crypto ban. Chaired by He Qing, Director of the Shanghai State-owned Assets Supervision and Administration Commission (SASAC), the meeting discussed how state-owned firms can use blockchain-based tech for cross-border trade, supply
All things being equal, easier monetary policy tends to be good for risk assets — crypto surely among them. Bitcoin rallied to above $120,000 for the first time ever over the weekend as pressure on hawkish U.S. Federal Reserve Chairman Jerome Powell to step down or be fired amped even higher. Coincidence? To review, Jerome
Bitcoin mining stocks led the gains among crypto equities in early trading on Monday after BTC raced to a new a all-time high just shy of $123,000 (it’s since retreated a bit to just under $122,000). MARA Holdings (MARA) traded almost 10% higher at around $20.95 in the first hour after markets opened, while CleanSpark
Digital asset funds saw $3.7 billion of inflows last week, the second-largest figure on record, according to data tracked by crypto asset manager CoinShares. The flows are surpassed only by those in the week ended Dec. 6 last year, when they topped $4 billion, the Jersey-based company said in its weekly roundup on Monday. The
Zerohash is reportedly nearing a $100 million funding round that could value the company at nearly $1 billion. Zerohash Nears Unicorn Status Zerohash, a crypto and stablecoin infrastructure startup, is reportedly close to raising approximately $100 million in a funding round that would value the company at nearly $1 billion. According to a report citing
Israel Salmen, CEO of Meliuz, the first Latam-based bitcoin treasury company, announced that the company is in the final stages of listing its stock on U.S. markets, without issuing new shares. Brazilian Bitcoin Treasury Company Meliuz Ready to List Stock on U.S. Markets Meliuz, the cashback company that became the first Latin American and Brazil-based
Metaplanet CEO Simon Gerovich is helping to advance a Bitcoin treasury strategy campaign in Asia through a newly approved acquisition of a South Korean public firm, following a similar move in Thailand earlier this month. South Korea’s SGA Co., a systems integrator serving government and education clients, has received regulatory approval to issue more than 58