BITPRISMIA
The U.S. Treasury holds a significant gold reserve officially valued at $11 billion but with a market value of over $750 billion, and a Federal Reserve research note explores the potential implications of revaluing these reserves.
Hong Kong fintech startup RD Technologies raised $40 million in a Series A2 funding round to advance its plans, including applying for a stablecoin issuer license in Hong Kong.
Robinhood is aggressively expanding its crypto and financial services, including tokenization of stocks and private companies, to dominate the global financial ecosystem, leveraging its success in commission-free trading and AI-powered investing.
The recent Bitcoin correction is driven by a decline in U.S. investor demand, as indicated by a negative 60-day BTC premium, which historically signals weakening buying pressure and potential market downturns.
Bitcoin's recent price surge to a new all-time high is supported by increased spot demand from US investors and potential fresh liquidity entering the market, as indicated by key metrics like the Coinbase Premium Gap and Stablecoin Supply Ratio (SSR).
The article discusses Bitcoin's price consolidation near its all-time high, institutional demand indicators, and potential market movements based on technical analysis and political-economic factors.
Bitcoin is consolidating in a tight range near its all-time high, with institutional demand remaining strong, while altcoins face pressure. Market participants are watching for a breakout signal to determine the next directional move.
Bitcoin's price remains strong above $100,000, driven by institutional demand and bullish market sentiment, with key resistance at $112,000.