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The former fund executive who became a U.S. senator from Pennsylvania this year, Dave McCormick, is BTC's biggest investor in Congress at the moment. U.S. Senator Dave McCormick, a Pennsylvania Republican and former Bridgewater CEO, has been putting hundreds of thousands into bitcoin. (Senate Banking Committee) What to know: Senator Dave McCormick has put as much as a million...
Altcoins led by ETH, DOGE, SUI followed BTC higher as Treasury Secretary Bessent's comments on U.S.-China trade boosted risk appetite. Bitcoin (BTC) price on April 22 (CoinDesk) What to know: Bitcoin surged past $93,000 on Tuesday afternoon amid optimism over U.S.-China trade relations, while the broad-market CoinDesk 20 Index gained 7% over the past 24 hours. President Trump said U.S....
Bitcoin prices have reached their highest levels since late March as the asset is on the verge of a breakout. Bitcoin prices have reached their highest levels since late March as the asset is on the verge of a breakout. Bitcoin prices appear to be breaking out of an extended period of consolidation as the asset climbs to its highest...
Bitcoin may be down 10% year-to-date, but that doesn't dent its status as a growing macro hedge, says Glassnode research. Is $155,000 BTC in the cards? Bitcoin may be down 10% year-to-date, but that doesn't dent its status as a growing macro hedge, says Glassnode research. Is $155,000 BTC in the cards? Bitcoin BTC $84,620 has a new gold-inspired $155,000 target,...
Crypto firms worldwide state that debanking is still getting in the way of growth. The crypto industry’s inability to access banking services still concerns many industry observers despite recent policy victories. In past years, financial services firms and banks concerned about fiduciary risk, reporting liabilities and reputational risk often would refuse to offer service to crypto firms — i.e., “debanking”...
NYDIG analyst Greg Cipolaro says crypto futures rates have been “persistently positive” amid the Trump administration’s flip-flopping tariff regime. NYDIG analyst Greg Cipolaro says crypto futures rates have been “persistently positive” amid the Trump administration’s flip-flopping tariff regime. Crypto markets have been fairly stable amid wider market panic caused by US President Donald Trump’s “on-again, off-again” sweeping global tariffs, according...
Letitia James has rallied Congress to support stopping US retirement funds from investing in crypto or crypto ETFs, which she claimed have “no intrinsic value.” Letitia James has rallied Congress to support stopping US retirement funds from investing in crypto or crypto ETFs, which she claimed have “no intrinsic value.” New York Attorney General Letitia James has sent a letter...
The sharp rise in Treasury yields likely stems from the unwinding of basis trades and could trigger liquidity crisis, deepening the sell-off in risk assets. A man trapped in the ocean. (nikko macaspac/Unsplash) What to know: The Treasury basis trade is being squared off, leading to higher bond yields and tighter liquidity in financial markets. The U.S. stock futures...
US President Donald Trump told reporters he wasn’t intentionally engineering a market sell-off, but “sometimes you have to take medicine to fix something.” US President Donald Trump told reporters he wasn’t intentionally engineering a market sell-off, but “sometimes you have to take medicine to fix something.” Cryptocurrency prices tumbled as the US stock futures market opened sharply lower on April...
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