Truflation, a real-time data provider for inflation indexes, presented a correlation between its real-time inflation data and bitcoin’s price movements. The company stated that every time its disinflation trend pauses or reverses, bitcoin tends to rally shortly after. Truflation, which classifies bitcoin as a risk asset, believes that these instances when inflation is relatively stable […] Source: https://news.bitcoin.com/truflation-inflation-movements-predict-upcoming-bitcoin-rally/
APX Lending, a crypto-backed loan company, has gained exemptive relief from the Canadian Securities Administration (CSA) to offer crypto-backed loans without requiring traditional dealer registration or prospectus filings. “Over the last 2 years, APX developed a […] regulatory framework in collaboration with the Ontario Securities Commission (OSC) to facilitate this, as no such framework previously existed in Canada,” a spokesperson…
Crypto wallets play a crucial role in the world of cryptocurrency by allowing users to send, receive, and manage digital assets like Bitcoin (BTC) and Ethereum (ETH). Unlike traditional wallets that store physical cash, crypto wallets store private keys that grant access to your cryptocurrency holdings. These wallets do not actually hold cryptocurrencies but store the keys that unlock access…
Bitcoin (BTC) has faced significant challenges recently, with the Bitcoin price struggling to maintain momentum. Despite this, leading crypto analysts such as BitQuant and Kevin Capital believe the market has not yet reached its peak. These analysts argue that Bitcoin’s price structure indicates further upside potential, even as fears of corrections linger. In the past three months, Bitcoin has oscillated…
Bitcoin (BTC) price dipped below its ascending channel pattern over the weekend, dropping to $81,222 on March 31. The top cryptocurrency is set to register its worst quarterly return since 2018, but a group of whale entities are mirroring a 2020-era bull run signal. Bitcoin 1-day chart. Source: Cointelegraph/TradingView In a recent quick take post, onchain analyst Mignolet explained that…
House Financial Services Committee chair French Hill (R-AR) said Monday that the personal cryptocurrency dealings of President Donald Trump and his family have made drafting legislation for the novel sector “more complicated,” in a rare rebuke of the president’s personal activities by a key member of congressional Republican leadership. Hill specifically named the president’s meme coin and stablecoin projects as…
With the acquisition of 22,048 bitcoin on Monday, Strategy (formally Microstrategy) elevated its total holdings to 528,185 BTC. This positions the firm as the second-largest corporate holder of the leading cryptocurrency, surpassed only by Blackrock’s IBIT exchange-traded fund (ETF). Strategy’s Bitcoin Cache Is Closing Gap with Blackrock Kicking off the week, Michael Saylor, Strategy’s founder […] Source: https://news.bitcoin.com/with-strategys-528k-btc-hoard-4-entities-now-dominate-7-53-of-bitcoin/
The top Democrat on the US House Financial Services Committee issued a warning after reports suggested that Tesla CEO Elon Musk’s “government efficiency” team would be given access to data and systems at the Securities and Exchange Commission (SEC). In a March 31 notice, Representative Maxine Waters reiterated a warning from a letter she sent to acting SEC Chair Mark…
The price of Bitcoin fell to a two-week low on Monday before recovering some losses, as other major cryptocurrencies also seesawed two days ahead of U.S. President Donald Trump’s deadline to impose steep tariffs. The leading digital asset edged up 1% to $83,465, according to crypto data provider CoinGecko. Ethereum, the second largest crypto by market capitalization, rose 1.1% to…
Japan’s biggest Bitcoin treasury company, Metaplanet, has issued more debt to buy the cryptocurrency. The firm, which trades on the Tokyo Stock Exchange, said Monday that it had issued a two billion yen ($13.3 million) zero-coupon ordinary bond to fund more Bitcoin buys. Metaplanet CEO Simon Gerovich made the announcement on X, saying the company—which is also an investment firm…
