Bitcoin Tumbles as US-China Tensions Rise Again

The world’s two largest economies continue to tussle over key industries related to defense and national security. U.S.-China Tensions Trigger Mid-Morning Bitcoin Slump Washington and Beijing were at it again on Tuesday morning as China moved to sanction five U.S. subsidiaries of Hanwha Ocean, a South Korean ship manufacturer with alleged links to the U.S. … Read more

Bitcoin Falls Below $118K After Trump Warns China of ‘Massive Increase’ in Tariffs

The threat comes after China’s Ministry of Commerce quietly expanded export controls over rare earth minerals on Thursday. Bitcoin Tumbles as Trump’s Tariff Threat Sparks Market Sell-Off Donald Trump’s words can move markets, and that’s exactly what happened on Friday morning when the president warned China it would face “a massive increase of tariffs” if … Read more

Bitcoin Flat But Smart Money Is Moving In

The cryptocurrency was trading sideways on Thursday morning, three days after notching a fresh all-time high on Monday. Institutional Buying Is Heating up, Even as BTC Trades Sideways DDC Enterprise Limited (NYSEAM: DDC) or “DayDayCook” pivoted from its Asian culinary business to become a bitcoin treasury firm with a $528 million investment earlier this year. … Read more

Bitcoin Breaks $124K as Fed Minutes Reveal Strong Expectation for More Rate Cuts

The U.S. Federal Reserve published official minutes from its September meeting showing that half of the committee members expect two more rate cuts by year-end. Bitcoin Hits $124K After Fed Minutes Hint at Accelerated Easing U.S. President Donald Trump is probably somewhere smiling after reading the official minutes from the Federal Reserve’s September meeting, published … Read more

Bitcoin’s New All-Time High Is ‘Not Speculative Excess,’ Glassnode Says

The cryptocurrency first rallied to a fresh all-time high of $125.5K early Sunday morning and set a new $125.8K record on Monday afternoon. Is Bitcoin’s Rally Sustainable? Onchain Data Suggests It Is Coinmarketcap data shows that bitcoin ( BTC) quietly climbed past its previous high of $124,457.12 early Sunday morning and notched a fresh record … Read more

Bitcoin Nears All-Time High On Third Day of Government Shutdown

The cryptocurrency has rallied ever since the U.S. Federal government shut down at midnight on Wednesday due to partisan fiscal squabbling. Federal Impasse Pushes Bitcoin Toward Record High It’s day three of the federal government shutdown, but one couldn’t tell by looking at the markets. Stocks are mostly up, except for a few tech companies … Read more

Bitcoin Breaks $120K as ‘Uptober’ Phenomenon Repeats

The month of October boasts bitcoin’s highest median return and almost always performs better than any other month. History Rhymes: Bitcoin Tops $120,000 in Seasonal Rally Revival October is the month when bitcoin bulls run, at least that’s what performance data from Coinglass shows. For the past twelve years, bitcoin has printed a positive return … Read more

Bitcoin Shoots up as US Government Shuts Down, and Private Sector Employment Falls

The U.S. Federal government officially shut down at midnight Wednesday after Congress failed to pass a temporary spending bill. Government Shutdown and Surprise Private Sector Jobs Data, Send Investors Fleeing to Bitcoin The U.S. Federal government machinery came to a grinding halt at midnight on Wednesday after Senate Republicans and Democrats failed to pass a … Read more