This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Bitcoin at $120,000 is a win for everyone on the left and right sides of the infamous bell curve meme. Mid-curving is almost never the optimal strategy. Except for, perhaps, very specific points in a cycle — particularly in deep bear
In the dynamic world of digital assets, strategic moves by key players often signal shifting tides and growing confidence. Recently, DigitalX, a prominent Australia-based digital investment manager, made headlines with a significant announcement that underscores its deepening commitment to the cryptocurrency space. The firm revealed it has acquired an additional 109.3 BTC, substantially increasing its
As Bitcoin climbed to yet another all-time high above $123,000 on Monday. Bernstein expects regulatory clarity in the US to be a major catalyst going forward. “Our conviction in blockchain and digital assets has never been higher,” the analysts wrote. As Bitcoin climbed to yet another all-time high above $123,000 on Monday, analysts at brokerage
Donald Trump has used harsh language towards Russia in his statements. He announced that if an agreement cannot be reached with the Moscow administration, 100% “secondary tariffs” will be imposed on Russia within 50 days. Trump stated that these tariffs could be implemented without requiring Congressional approval, saying, “Secondary tariffs are very powerful. We can
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