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Bitwise CIO Matt Hougan commented that after this tariff issue ends, bitcoin will ultimately be favored in the aftermath. Hougan believes that the endgame of the tariff issue will include a dollar devaluation, which would precede a new reserve system with bitcoin and gold at the forefront. Bitwise Believes Trade War Will Push Bitcoin to … Read more
The trade war initiated by Trump has rattled global markets, and Jack Mallers, the CEO of Strike, posits that bitcoin stands poised to “go nuclear” when additional fiat currency enters circulation. Mallers: Debasement of Currency Will Propel Bitcoin to Unprecedented Heights Major stock indexes slumped between 2.81% and 5.04% on Thursday in the wake of … Read more
President Donald Trump’s “Liberation Day” tariffs triggered a global financial rout last week, with bitcoin plunging to $74,500 and ethereum to $1,380—their lowest since early 2023—according to an April 9 Glassnode report. Researchers Ukuriaoc and Cryptovizart linked the sell-off to tariff-induced liquidity strains and a faltering U.S. dollar, deepening digital assets’ broad-based contraction. Glassnode Report: … Read more
The digital asset surged to $83K late Wednesday on news of President Donald Trump’s 90-day tariff pause. But even lower inflation couldn’t curb its descent back to $79K Thursday morning Tariff Pause and Lower Inflation Fail to Steady Bitcoin’s Choppy Trading Bitcoin roared past $83K late Wednesday after President Donald Trump declared a 90-day pause … Read more
U.S. bitcoin miners are racing against time to import mining equipment to mitigate Trump’s sweeping global tariffs. With application-specific integrated circuit (ASIC) prices expected to surge up to 36%, companies are chartering multimillion-dollar flights to sidestep looming costs. Bitcoin Miners Charter $3M Flights to Combat Trump’s Tariff Hike U.S. bitcoin miners are scrambling to import … Read more
Bitcoin ETFs posted a fifth straight day of outflows, losing $127 million, led again by a major exit from Blackrock’s IBIT. Ether ETFs weren’t spared either, with $11.19 million exiting the space, pushing total net assets further below the $6 billion threshold. Outflows Persist With Significant Withdrawals on Bitcoin ETFs and Further Dips for Ether … Read more
In a written inquiry to Minister of Finance Elisabeth Svantesson, MP Rickard Nordin asked about the possibility of including bitcoin as part of Sweden’s foreign reserves. Nordin also proposed funding it with bitcoin seized by police and customs authorities. Sweden Discusses Including Bitcoin as Part of Its Foreign Reserves Sweden is the latest country to … Read more
Japanese bitcoin treasury firm Metaplanet received its first third-party coverage by an equities research company when it was featured in a report on Monday by UK-based Storm Research. The boutique equities research shop founded in 2009, specializes in small to mid-cap Japanese stocks. “The world’s third largest economy is host to hundreds of listed companies … Read more
A high-stakes lawsuit demands the U.S. government release buried documents revealing bitcoin’s true creators, after claims of a secret DHS interview with Satoshi Nakamoto. Satoshi Nakamoto Unmasked? DHS Accused of Hiding Explosive Bitcoin Founder’s Interview Attorney James Murphy has filed a lawsuit in the U.S. District Court for the District of Columbia demanding that the … Read more
The digital asset sphere experienced a vigorous upswing Wednesday, its total valuation swelling over 9% as bitcoin surpassed the $83,000 benchmark during afternoon trading. While the leading cryptocurrency rose 8.4%, select altcoins dramatically outpaced this trajectory. Market Whiplash: Crypto Market Gains 9% in a Day After a Week of Steep Declines Dominating the day’s crypto … Read more