A recent survey by the Nakamoto Project, a nonprofit Bitcoin education and advocacy group, has revealed that four out of five Americans want some US gold reserves converted to BTC. The survey of 3,345 respondents asked: “Assuming the United States was thinking of converting some of their gold reserve into Bitcoin, what percentage would you […]
The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, passed in a 66-32 Senate vote on May 20. “The motion to invoke cloture on the motion to proceed to the consideration of the GENIUS Act has passed,” reported Fox’s Eleanor Terrett. She added that more than 15 Democrats flipped their votes from no […]
[PRESS RELEASE – Singapore, Singapore, May 19th, 2025] Yala has announced its official launch on the Solana blockchain, marking a key development in its initiative to integrate Bitcoin liquidity into decentralized finance. This launch signifies a strategic expansion aimed at enabling Bitcoin to function beyond its traditional role as a store of value, facilitating its […]
For the fifth consecutive week, digital asset investment products attracted inflows, amounting to $785 million. This pushed total inflows for the year to $7.5 billion, eclipsing the previous high of $7.2 billion seen in February. The influx has now erased the $7 billion in outflows from the February-March downturn. Interestingly, Ethereum stood out with strong […]
Vitalik Buterin has suggested changes to Ethereum’s scaling plan that focus on making it easier to run local nodes while still supporting Layer 1 (L1) scaling. His proposals come in response to concerns that raising the L1 gas limit could make it more difficult for users to run full nodes. Partially Stateless Nodes In a […]
TL;DR Ripple’s cross-border token soared to $2.45 on Sunday, where it was violently rejected and pushed south to a key support level that could result in further losses if it’s lost. At the same time, a big whale with a substantial PnL has reduced their long XRP position. Back to $2? It was just this […]
Stock markets notched solid gains last week while crypto markets lost a bit of ground and cooled slightly. The weaker-than-expected readings on CPI and inflation expectations keep markets buoyed, while the Trump administration’s Middle East deals were a boon for the AI sector. Additionally, US Treasury yields are surging again. “Trade deals, recession worries, lower […]
Jeff Walton, a Bitcoin podcaster and Strategy investor, recently pointed out that Strategy (formerly known as MicroStrategy) is on track to join the S&P 500 Index. Strategy Could Soon Join S&P 500 Walton wrote in a post on the X app: Q2 is likely going to be the big blow out quarter on Earnings for […]
Following a relatively boring Friday and Saturday, bitcoin’s price went on the offensive on Sunday evening and shot up to its highest level since the end of January at $106,000. However, the bears were quick to step up at this point, and the asset plunged by two grand in an instant. BTCUSD. Source: TradingView Recall […]
Bitcoin’s surge to $106,000 earlier this week has been primarily driven by robust spot market demand, with Coinbase seeing net buying pressure of $45 million per day, according to Glassnode’s latest report. The rally, which began after the king cryptocurrency dipped to just below $75,000 in early April, has been marked by strong accumulation phases, […]