In a crypto market review released on April 16, asset manager Bitwise described Q1 2025 as “the best worst quarter in crypto’s history.” It was a “frustrating” period for the industry, said the firm’s chief investment officer, Matt Hougan. Q1 has been historically positive with the first pro-crypto US president taking office, the creation of a […]
Panama City’s council is all set to accept cryptocurrency payments for taxes, fees, tickets, and permits. The decision, announced on April 16th, marks a significant step in Panama’s integration of digital currencies into everyday public services. The city will initially accept major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), as well as stablecoins like USD […]
For the third week in a row, digital asset investment products saw significant outflows, which amounted to $795 million, as the impact of the tariff issues continues to weigh on the sector. This has led to a record $7.2 billion in outflows since February, nearly wiping out all YTD inflows and leaving only $165 million. […]
Metaplanet has once again reinforced its commitment to Bitcoin, acquiring an additional 319 BTC worth approximately $26.3 million at an average price of $82,549 each. This latest buy brings the company’s total Bitcoin holdings to 4,525 BTC, valued at about $386.3 million. Relentless Bitcoin Accumulation The publicly traded company listed on the Tokyo Exchange has […]
Bitcoin’s (BTC) reputation as digital gold has come under scrutiny following investors’ reaction to the ongoing trade tensions between the United States and other countries. Market experts anticipated a scenario where participants would flock to the leading cryptocurrency as macro conditions affect stocks; however, the opposite has been the case. Ki Young Ju, the founder […]
This weekend, Bitcoin (BTC) pushed up 5% to once more flirt with $85,000, but seasoned analysts aren’t cheering just yet, suspecting a fakeout. Crypto investor Daan Crypto Trades dropped a spicy warning, noting that the number one cryptocurrency has formed weekend gaps for six weeks in a row, with its price retracing hard by midweek […]
Bitcoin (BTC) has weathered one of its most volatile periods in recent months, yet top analysts remain unfazed. According to Matt Hougan, Chief Investment Officer at the $12 billion asset manager Bitwise, BTC isn’t just surviving; it’s preparing for an unprecedented surge. Bitcoin Poised for Liftoff “Bitcoin bulls should be inspired by its performance,” Hougan […]
Last week, digital asset investment products experienced $240 million in outflows, likely triggered by recent US trade tariff developments that could jeopardize economic growth. However, total assets under management remained steady at $132.6 billion, reflecting a slight 0.8% increase. CoinShares stated that this stability is impressive when compared to other asset classes, such as MSCI […]
“Short-term holders are in extreme pain right now,” said market analyst and 21st Capital co-founder Sina on X on April 8. He observed that the biggest accumulation zone around current prices was at $98,000 for the amount of 245,000 BTC. “These people are in deep, dark pain,” he said. “All cohorts of short-term holders (STH) […]
AI-powered education group Genius Group has revealed that it is being compelled to sell off its Bitcoin reserves following a restriction imposed by the US District Court (Southern District of New York), which prevents the company from raising money, issuing stock, or investing investor funds in BTC. Its chief exec now claims that court orders […]