At Token2049, experts discuss the U.S. and China trade war outlook and how Bitcoin could become the next “arms race” for countries looking to maintain economic power. On April 30, founder and CEO of Ex Uno Plures, Zoltan Pozsar commented on the trade war between China and the U.S. as both countries levy tariffs against…
On-chain data shows that more than 85% of holders are now sitting on profits, raising speculations of short-term profit-taking. In an analysis published on Apr. 29 by CryptoQuant contributor Darkfost, the “supply in profit” metric, which tracks the percentage of Bitcoin (BTC) holders currently above their cost basis, has climbed back above 85%. This marks…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For millions of adopters, Bitcoin (BTC) represents freedom from capital controls, centralized intermediaries, and central bank debasement. But for institutions, holding Bitcoin isn’t free. In fact, it comes with persistent, measurable costs…
El Salvador is continuing to buy Bitcoin even after agreeing to scale back purchases as part of a $1.4 billion deal with the International Monetary Fund. The Central American nation’s Bitcoin Office is still buying Bitcoin (BTC) despite signing a $1.4 billion loan agreement with the International Monetary Fund that required it to scale back…
Bitcoin markets are closely tracking upcoming political events, with Bitfinex analysts highlighting President Donald Trump’s 100-day address as a potential inflection point for crypto. Investors are watching for any indication of alignment between U.S. policy and Bitcoin’s (BTC) future role in the economy. Bitfinex analysts wrote in a note shared with crypto.news that the market…
Bitcoin miners with the right infrastructure and management talent can gain substantial value by pivoting into the booming AI and HPC data center market, analysts say. As demand for AI infrastructure grows, crypto miners with access to power and cooling could be well positioned to profit from supporting high-performance computing workloads, according to a Galaxy…
TAO’s price has been on a strong run lately after breaking out of some key bullish patterns, and analysts think it could still climb another 30% from here. Bittensor (TAO) jumped 12% to hit an intraday high of $388 on April 28 before cooling down a bit to around $372 by press time. That’s an…
Arizona has made history as the first U.S. state to pass legislation establishing a Strategic Bitcoin Reserve, following a voting session by the state legislature on Apr. 28. Senate Bill 1025 was approved by the Arizona House by a vote of 31 to 25, according to the state legislature’s website. The bill, sponsored by Republican…
Coinbase Asset Management is launching a new Bitcoin investment product targeting institutional investors. According to the company’s Apr. 28 official announcement, the Coinbase Bitcoin Yield Fund is designed to offer long-term exposure to Bitcoin (BTC) while providing a 4–8% net annual returns in BTC. The fund uses a conservative strategy focused on lowering both investment…
U.S. stocks trended downwards today, as traders hope that tech earnings to boost the markets, despite ongoing tariff fears. Stock markets faced pressure on several fronts ahead of a key week for earnings. On Monday, April 28, the Dow Jones was trading at 39,907.54, down 205.96 points or 0.51% from the market open. The S&P…
