Bitcoin’s correlation with the S&P 500 has dropped to zero, signaling its independent market movement.Over half of Americans now prefer Bitcoin over stocks and gold, with Gen Z investing as early as age 22. Bitcoin has once again demonstrated startling movements. Its correlation with the S&P 500 index has broken this time; the correlation figure...
The crypto news arena will likely witness volatile assets amid expected US events this week.With Fed officials’ speech and housing data, investors are watching key economic data. Crypto market participants are watching how key economic data, set for release this week, will impact the market. The rising anticipation is based on the crypto market’s close...
12 U.S. states invest $330M in Strategy stock, gaining indirect Bitcoin exposure through pension funds like CalSTRS & CalPERS.Strategy holds 478,740 BTC worth $46B, with its stock surging 383% YoY despite a $670.8M Q4 loss from Bitcoin impairment. A growing number of U.S. states are investing in Strategy, the business intelligence firm formerly known as...
In a recent OMFIF lecture, Joachim Nagel, president of the Deutsche Bundesbank, dismissed the idea of Bitcoin being used as a reserve asset for central banks.Nagel also discussed the future potential of digital currencies and their impact on the neutral interest rate, noting that it is too early to tell how CBDCs will influence economic...
Bitcoin’s bull run is gaining momentum due to strong institutional investments and favorable policy shifts, including a pro-crypto U.S. administration.Regulatory changes and the growing adoption of Bitcoin by banks, corporations, and governments are strengthening its position as a major global asset. According to Bernstein analysts, the Bitcoin bull market continues to strengthen due to various...
Bitcoin is stuck below $100,000, and traders wait for a breakout while short squeeze speculation grows.The Federal Reserve’s stance on interest rates and on-chain data indicate a possible bearish phase. Bitcoin remains locked in a tight trading range as market participants seek a catalyst for a breakout. Despite strong investor confidence, price movement has stagnated,...
Bitcoin’s bull run is projected to peak between October and December 2025, reaching $270K–$300K.The Bitcoin Spiral Clock model aligns price cycles with halving events, predicting a late 2025 market top. According to the Bitcoin Spiral Clock model, Bitcoin’s bull cycle is projected to peak between October and December 2025. This tool, which tracks Bitcoin’s price...
Bitcoin saw a $430M outflow due to Fed uncertainty, marking its first major withdrawal in five months.Despite Bitcoin’s decline, altcoins like SOL, XRP, and SUI remain resilient, while blockchain equities gain traction. Investment products tied to Bitcoin and other digital assets saw a significant outflow of $415 million last week, marking the first major withdrawal...
GameStop is considering Bitcoin investment with $4.5 billion in cash after meeting with Michael Saylor.The company closed stores and reintroduced a “Buy 2 Get 1 Free” promo to adapt and attract customers. GameStop, the game store that was once a stock market sensation, has returned to prominence. Having struggled in the physical retail space for...
Elon Musk’s inquiry into Fort Knox gold reserves has reignited doubts about whether all 4,580 tons still exist.Senators Rand Paul and Cynthia Lummis push for transparency—one demanding an audit, the other proposing Bitcoin as a reserve. Elon Musk’s curiosity has ignited a heated debate over the true state of the U.S. gold reserves. It all...