Bitcoin Deemed Top Inflation Hedge
Paul Tudor Jones declares Bitcoin the top inflation hedge over gold, citing its limited supply. $BTC is up 2% at $77.5k ahead of FOMC. #Update #Crypto $BTC
Paul Tudor Jones declares Bitcoin the top inflation hedge over gold, citing its limited supply. $BTC is up 2% at $77.5k ahead of FOMC. #Update #Crypto $BTC
Canada plans to ban crypto ATMs, citing their use in scams and crime. With 4,000 machines, Canada leads globally per capita. Details on enforcement remain pending. #Update #Legal
Analyst Willy Woo states Bitcoin ($BTC) must break and hold above $79,000 to confirm a bullish phase, warning of potential corrections if it falls below mid-$60,000 levels. Currently priced at $76,237. #Update #Crypto $BTC (-1) →
@Bullish partners with @Ripple to enable Ripple Prime clients to trade Bitcoin options using the RLUSD stablecoin, enhancing access to crypto markets without additional onboarding. #Update #Crypto $BTC
@MorganStanley enters the U.S. bitcoin ETF market, but Blockstream CEO Adam Back warns institutional adoption will be slower than expected, potentially taking up to 18 months. #Update #Crypto $BTC
Twenty One Capital CEO Jack Mallers highlights Bitcoin’s onchain auditability over gold, with 43,500 BTC worth $3.35 billion in treasury. #Update #Crypto $BTC
Institutional investors injected $1.2 billion into digital assets, led by $933 million in Bitcoin inflows, pushing total assets under management to $155 billion #Update #Crypto $BTC (+8) ↗
Bitcoin’s recent rally, up 20% since February, is largely attributed to @Strategy’s $7.2B Bitcoin purchases, surpassing BlackRock’s holdings; analysts predict continued buying through STRC issuance. #Update #Crypto $BTC
Galaxy Digital reports a $216M Q1 loss amid crypto market contraction, but CEO Novogratz credits Hyperliquid for mitigating further losses. $BTC price action and macroeconomic factors remain concerns. #Update #Crypto
FBI investigates $1M drained from Nai Ping Hou’s accounts into gold and $BTC amid his suspicious disappearance. Authorities probe financial activity linked to possible kidnapping. Crypto
Canada’s federal government plans to ban crypto ATMs to combat rising fraud, impacting nearly 4,000 machines nationwide. #Breaking #Legal
Sze Man Yu Inos sentenced to 71 months for defrauding elderly with fake Bitcoin investment scheme, ordered to pay $769,355.67 restitution and forfeit $684,848.34. #Breaking #Legal
Bitcoin nears a critical test at $79K, with support at $65K crucial for confirming a bottom, says analyst Willy Woo. Capital flows have turned positive. #Update #Crypto $BTC
Billionaire investor Paul Tudor Jones claims $BTC is the best hedge against inflation, highlighting its fixed supply versus gold. He warns that stock markets are overvalued and may face corrections. #Update #Crypto $BTC