Traders pulled $333 million from BlackRock's spot bitcoin ETF on Thursday, marking the fund's longest losing streak as the crypto rally pauses.
Cryptocurrencies started the year with gains, recovering from recent losses as market optimism returned. Bitcoin rose 3% above $97,000 on Thursday, marking a nearly 4% gain since January 1st. Investors expect a strong year for the crypto industry,
To fund the purchase, the government would revalue about $11 billion worth of gold certificates on the Federal Reserve’s balance sheets. Lummis said establishing a bitcoin reserve could help the U.S. chip away at its $36 trillion national debt and ...
Economist and Trader Alex Krüger is outlining the path forward for Bitcoin (BTC) while highlighting one crypto asset sector that could outshine others.
Now, as a leak reveals Russia could beat the U.S. to a bitcoin reserve, Trump has been pitched a "capital markets renaissance fueled" by bitcoin to "unlock trillions in wealth" by MicroStrategy founder Michael Saylor.
The idea of a US Bitcoin National Reserve gained traction after Trump's July 2024 proposal and November 2024 election victory. See why I am cautious about this hype.
Park shared on social media after Christmas that while incoming President-Elect Donald Trump’s chances of successfully establishing a bitcoin strategic reserve are slim, this scenario represents "the only math in which bitcoin can reach $1 million by 2025.
Bitcoin’s record-breaking run faltered toward the end of 2024, leading to its first monthly drop since August.
Stock market futures are pointing to a strong start for 2025, with green indicators across the board. The S&P futures are trading above 5900, bolstering investor confidence in continued gains for the US stock market. Bitcoin, on the other hand, started 2025 with a recovery momentum, going up 2% on the last day.
Bitcoin ETF outflows are just one headwind for bulls as a BTC price drop to $80,000 becomes a genuine risk, says Bravos Research. Bitcoin would be a “buy the dip” opportunity at $80,000, according to investment research firm Bravo Research.
Federal Reserve Chairman Jerome Powell wanted everyone to know one thing: the Federal Reserve isn’t touching Bitcoin. Not now, not ever.
From a conceptual standpoint, the strategic Bitcoin reserve is similar to the Strategic Petroleum Reserve, created in 1975 in response to the energy crisis of that era. The goal at the time was to build a stockpile of 1 billion barrels of petroleum, to cushion the U.S. economy against potential external supply shocks.