A recent report from Wintermute indicates that Bitcoin is becoming more resilient to economic challenges compared to traditional markets. While the S&P 500 and Nasdaq hit yearly lows, Bitcoin showed a smaller decline, suggesting a significant shift in its Market behavior during crises. Although Bitcoin’s stability is attributed to increasing interest from institutional investors and ...
During his 2024 presidential campaign, Donald Trump aimed to be the “crypto president,” but since starting his second term, cryptocurrency values have plummeted, with Bitcoin dropping from over $100,000 to around $81,000. While broader financial markets are also down, potential opportunities may arise for cryptocurrency investors, especially in Bitcoin, due to Trump’s recent policies. He ...
Donald Trump, while campaigning for the 2024 presidency, aimed to be the “crypto president.” However, since he took office, Bitcoin’s price has dropped significantly, from over $100,000 to $81,000. Trump’s recent policies, like establishing a strategic cryptocurrency reserve, could encourage more institutional investors to adopt Bitcoin, making it a more legitimate asset. Additionally, his high ...
On April 9, 2025, 21Shares AG announced a partnership with the House of Doge to launch the world’s first Dogecoin Exchange-Traded Product (ETP), approved by the Dogecoin Foundation, which will be available on the SIX Swiss Exchange under the ticker DOGE. This ETP is fully backed by Dogecoin, allowing investors a secure way to participate ...
Bitcoin’s price has fallen by 5.6% over the past week, breaking below the $80,000 support level for the first time since November 2024. Despite this decline, there has been a 64% increase in Bitcoin futures trading volume, indicating heightened Market activity. However, open interest in futures contracts dropped by 19%, suggesting that many traders are ...
The BlackRock BUIDL fund is the firm’s first tokenized money Market fund, enabling traditional financial products to be traded as digital tokens on blockchains. As a mutual fund, it invests in high liquidity, short-term debt instruments like US Treasury bills and cash, offering investors a way to earn income without significant capital risk. BUIDL has ...
Grayscale has recently launched two Bitcoin options-based ETFs: the Grayscale Bitcoin Covered Call ETF (BTCC) and the Grayscale Bitcoin Premium Income ETF (BPI). This announcement comes as the cryptocurrency Market sees a slight dip in valuation, currently at $2.82 trillion, with a 1.2% decline in the last day. The Market is influenced by increased Bitcoin ...
A recent report from Fidelity Digital Assets raises questions about Bitcoin’s future price movements. Analyst Zack Wainwright suggests that Bitcoin may still be in an “acceleration phase,” which is known for high volatility and potential profits, similar to its rise above $20,000 in late 2020. Although Bitcoin is currently down from its all-time high and ...
Bitcoin is poised for a bearish opening as March wraps up, signaling its weakest first quarter since 2018. Traders are anxious due to President Trump’s new 25% tariffs on car imports and potential tariffs on the pharmaceutical sector, impacting Bitcoin’s value, which fell to $81,656, marking seven consecutive days of declines. Equities are also struggling, ...
Bitcoin, often called “digital gold,” is facing a tough reality as institutional investors turn back to traditional gold during ongoing trade tensions and economic uncertainty. A recent Bank of America survey indicated that 58% of fund managers prefer gold over Bitcoin, which only received a 3% preference as a safe haven. As geopolitical risks and ...
