El Salvador, the first country to make Bitcoin legal tender, is still buying Bitcoin, going against claims made by the International Monetary Fund (IMF). Recent data shows that the country acquired 7 Bitcoin valued at over $650,000 in the week before April 27. Despite IMF statements insisting that El Salvador is sticking to its agreement ...
El Salvador has paused public sector Bitcoin purchases to meet conditions of a $1.4 billion loan from the International Monetary Fund (IMF). Despite this, President Nayib Bukele is still acquiring Bitcoin through private channels, buying one Bitcoin daily using undisclosed funds. The IMF emphasizes that El Salvador’s economic reforms go beyond Bitcoin, focusing on fiscal ...
El Salvador has paused public sector Bitcoin purchases to meet conditions set by the IMF for its $1.4 billion loan. Despite this suspension, President Nayib Bukele continues to acquire Bitcoin through private funding channels. The country still aims to use Bitcoin as part of its economic strategy, even while adhering to IMF requirements, which focus ...
April has been a chaotic month for traders, marked by fluctuating markets and mixed messages about President Trump’s tariffs. Traditional safe-haven assets like gold and the US dollar struggled, leaving many investors confused about where to secure their money. Surprisingly, bitcoin emerged as a standout option. NYDIG Research noted that bitcoin is increasingly viewed as ...
Investment firms investing in Bitcoin are leading the way for global adoption of the cryptocurrency, which could reach a $200 trillion Market value in the next decade. Adam Back, CEO of Blockstream, notes how companies like MicroStrategy are capitalizing on the differences between Bitcoin’s potential and the current fiat currency system. He believes that as ...
Investment firms with Bitcoin-focused treasuries are leading the charge in Bitcoin adoption, which could reach a staggering $200 trillion Market cap in the next decade. Prominent figures, like Adam Back of Blockstream, highlight that institutions and governments are increasingly recognizing Bitcoin’s unique attributes. He suggests that companies like MicroStrategy are capitalizing on Bitcoin’s growth, presenting ...
Bitcoin is currently trading at a 40% discount to its intrinsic value, according to investment expert Charles Edwards. Recently, over 36,000 BTC were withdrawn from major exchanges like Coinbase and Binance, signaling strong institutional interest, possibly due to spot Bitcoin ETF inflows. Edwards believes Bitcoin’s price trajectory from late 2024 suggests that it could soar ...
Bitcoin has recently surged 11%, marking its highest growth in 2025, reaching $95,000 for the first time since February. Analysts predict it could hit $200,000 by Q4 2025, following trends similar to gold with a 100-150 day lag. Based on the power-law price model and historical cycles, projections suggest Bitcoin might reach $130,000 to $163,000 ...
Bitcoin has seen a significant price jump, moving above $90,000 for the first time in two months, with recent gains exceeding 13% over the past week. While there’s uncertainty about whether this surge signals a new bull cycle, on-chain data indicates improving investor sentiment. A crypto analyst, Maartunn, pointed out that increased interest from exchange-traded ...
This week’s top stories highlight significant developments in the cryptocurrency world. Michael Saylor believes the new SEC chair, Paul Atkins, will positively impact Bitcoin. Meanwhile, Trump’s memecoin team has denied rumors about a costly dinner requirement for token holders. Serbian Prince Filip predicts a future Bitcoin rally, asserting that its value remains fundamentally strong. In ...
