A sweeping new trade agreement between the US and the EU (European Union) could mark a turning point in global risk sentiment, and potentially support Bitcoin (BTC) and other risk assets. Meanwhile, crypto markets eye another hiatus regarding tariff policies between the US and China. Trump Announces US-EU Trade Deal: All You Need to Know…
Galaxy Digital has disclosed the sale of more than 80,000 Bitcoin—worth over $9 billion—on behalf of a long-term investor. The transaction, revealed on July 25, is one of the largest ever executed in Bitcoin’s history. Analysts Trace Galaxy’s $9 Billion BTC Sale to Early MyBitcoin-Era Wallet According to Galaxy, the Bitcoin belonged to an unnamed…
El Salvador has quietly added more Bitcoin to its national treasury, despite recent claims from the International Monetary Fund (IMF) suggesting otherwise. The country’s latest move signals continued support for its pro-Bitcoin policy, even as external pressure mounts. El Salvador’s Bitcoin Reserve Numbers Face IMF Doubt On July 24, El Salvador’s Bitcoin Office confirmed a…
Elon Musk has emerged as the most influential figure in crypto, surpassing US President Donald Trump. The top ranks of crypto influence also include current and former Congresspeople. Notably, only one non-US politician and one woman made it onto this influential list. The analysis carried out by ApeX Protocol used data-driven metrics to identify and…
Ki Young Ju, CEO of CryptoQuant and a prominent figure in crypto analysis, has publicly declared that the traditional Bitcoin cycle theory is no longer valid. This bold statement also serves as his admission that his previous predictions are now outdated. It reflects a profound shift in the market’s nature compared to the past. Why…
Crypto markets brace for volatility this Friday, with the July options due for expiry today. Notably, today’s expiring options are for the month, making them significantly higher than in the past several weeks. Analysts say the odds are higher for today’s expiring options, with the volume only slightly lower than last month’s H1 expiry, which…
Strategy plans to massively expand its newest STRC offerings from $500 million to $2 billion, aiming to buy more Bitcoin. Several investment banks like Morgan Stanley are reportedly interested in buying. The company aims to hold 1 million BTC, and new stock sales are the best way to achieve this goal. Bitcoin recently hit an…
This week, the United Kingdom made headlines after reports revealed it was considering selling $7 billion worth of Bitcoin confiscated during a 2018 law enforcement seizure. The extra cash comes at a crucial time for the UK as it grapples with a fragile financial position. While the UK considers selling its seized Bitcoin, doing so…
The status of Bitcoin (BTC) held by the US remains contentious, following recent reports that it had sold off up to 85% of the portfolio. However, new findings suggest otherwise, hinting that the government’s BTC bucket remains intact. While the development brings clarity, it raises concerns about the possible market impact if the government moves…
Twitter Co-Founder, Jack Dorsey’s Square, has started onboarding merchants to its new Bitcoin acceptance feature. This is a significant step toward Bitcoin payments in the retail industry. The rollout will allow participating businesses to accept Bitcoin using Square’s existing point-of-sale terminals, with transactions settled via the Lightning Network. Bitcoin To Enter the US Retail Sector…