Category: Bitcoin News

Key takeaways: Derivatives data show limited confidence among Bitcoin traders despite strong ETF inflows, keeping downside risks on the table. Gold’s surge and falling Treasury yields highlight growing investor fear as fiscal stress and trade disputes weigh on traders’ sentiment. Bitcoin (BTC) has struggled to regain bullish momentum since reaching its $126,219 all-time high on Monday. Strong spot Bitcoin exchange-traded fund (ETF) inflows point to solid institutional demand, but weakness in BTC derivatives metrics suggests traders remain uncertain about whether the $117,000 level will hold. Bitcoin 60-day futures annualized premium.…

Big Tech companies that once dismissed Bitcoin (BTC) as a balance sheet asset are now watching Strategy, led by Executive Chairman Michael Saylor, amass a digital asset treasury approaching the size of their own cash piles. The surge comes as Bitcoin hit a new all-time high above $126,000 this week, driven by investor demand for hard assets seen as hedges against US dollar debasement — a narrative increasingly likened to gold. However, Bitcoin isn’t the only corner of crypto attracting major institutional money. The Intercontinental Exchange (ICE) has invested $2…

Morgan Stanley, one of the world’s largest wealth managers, has reportedly informed its financial advisers that all clients will be able to invest in cryptocurrency funds starting Oct. 15, CNBC reported. Advisers will be able to offer crypto funds to clients with individual retirement accounts (IRAs) and 401(k)s, a significant shift from the previous policy that restricted access to high-net-worth investors with over $1.5 million in assets and an aggressive risk profile. The move could unlock millions of dollars currently tied up in other assets, paving the way for a…

A group of banks is in the process of exploring the launch of stablecoins focused on some of the world’s biggest fiat currencies, including the US dollar, euro and Japanese yen. According to a Friday statement from BNP Paribas, banks including Bank of America, Goldman Sachs, Deutsche Bank and Citi said that they had launched a project to explore the “issuance of a 1:1 reserve-backed form of digital money that provides a stable payment asset available on public blockchains” linked to currencies from the Group of Seven (G7) countries: the…

Opinion by: Vincent Kadar, CEO of Polymath When a company sold tokenized shares in dozens of homes in Detroit that it did not actually own, it was more than a real estate scandal. It served as a warning to the entire real-world asset (RWA) sector. The deal seemed modern, including blockchain tokens, fractional ownership and the promise of rental income. In reality, however, many properties were vacant, in poor condition or not even legally theirs to sell. The blockchain noted every token transfer smoothly. It lacked the necessary checks that…

Key takeaways: Bitcoin’s correlation with Nvidia has surged to 0.75, its highest in a year. Analysts fear such a correlation may result in BTC price dropping by up to 80%. Bitcoin (BTC) and Nvidia stock (NVDA) are now moving more in sync than at any point in the past year. That has some market watchers worried about a looming crash similar to the dot-com bubble era in the late 1990s. Risky AI-on-AI deals pose crypto crash risks BTC’s 52-week correlation with the world’s top chipmaker has climbed to 0.75 as…