Bitcoin Nears Breaking Point Warns Schiff
Peter Schiff warns of a potential dollar breakdown, threatening inflation and living standards; markets react. #Update #Finance
Peter Schiff warns of a potential dollar breakdown, threatening inflation and living standards; markets react. #Update #Finance
Grayscale predicts a potential 1,000x growth in tokenized assets by 2030, highlighting $ETH, $BNB, and $SOL as key beneficiaries amid structural shifts in digital asset investing #Update #Crypto $ETH (+5) ↗
Bitcoin ($BTC) and Ether ($ETH) ETFs have experienced significant outflows, totaling $952 million last week, indicating institutional disengagement from crypto, according to @Glassnode. #Update #Crypto $BTC $ETH
Bitcoin struggles to maintain key levels as gold rallies over 70% this year, highlighting its role as a reserve asset compared to Bitcoin’s retail appeal. #Update #Crypto $BTC
Peter Schiff warns that Bitcoin ($BTC) will not recover from its current slump, citing its inability to rise alongside gold and silver, predicting a continued downward trajectory. #Update #Crypto $BTC
Bitcoin ($BTC) and Ether ($ETH) ETFs face continued outflows, totaling $952 million last week, indicating institutional disengagement as per @Glassnode and the Kobeissi Letter. #Update #Crypto $BTC $ETH
Bitcoin miners continue to demand significant power, driving M&A activity despite AI market concerns. Hut 8 shares surged 20% after a $7 billion lease with Fluidstack. #Update #Crypto $BTC
Bitcoin Treasury Capital completed a directed capital raise of approximately SEK 7.2 million ($786,000) to expand Bitcoin holdings and support operations. #Update #Crypto $BTC
Bitcoin remains below $92,000, with scenarios ranging from sideways movement to a potential breakout toward $100,000 or manipulation leading to declines; inflation at 2.7% adds mixed macroeconomic signals. #Update #Crypto $BTC
@Matador has received approval from the Ontario Securities Commission to raise $58 million to expand its Bitcoin treasury. #Update #Crypto $BTC
The IMF commended El Salvador’s economic growth while noting ongoing discussions about the government’s Bitcoin holdings and the Chivo wallet sale; El Salvador has accumulated nearly 7,500 BTC. #Update #Crypto $BTC
Bitcoin’s year-end negative trend raises bear market concerns as liquidity tightens; Coinbase inflows drop 60%, Binance surpasses with $10.3B in December. #Update #Crypto $BTC
US Bitcoin and Ethereum ETF net flows have been negative since early November, attributed to reduced institutional participation and market-wide liquidity contraction, says Glassnode. #Update #Crypto $BTC $ETH
Buyer activity in the crypto market is declining, with decreased Binance futures volumes despite rising prices, reflecting a trend similar to the 2021 distribution phase. #Update #Crypto