News with the tag "store of value"

Bitcoin has been struggling around the $90,000 level, failing to reclaim it as support and confirm a recovery from the intense selling pressure it has faced in recent weeks. Despite multiple attempts to push higher, BTC remains under uncertain market conditions, with traders looking for clearer sign...

According to a Bloomberg report published on March 4, Mexican billionaire Ricardo Salinas has up to 70% exposure to Bitcoin (BTC) and related investments. The Bloomberg Billionaires Index estimates Salinas’ current net worth at approximately $5.8 billion. Salinas’ High Bitcoin Exposure BTC continues...

According to a recent report by Bitfinex, Bitcoin (BTC) remains range-bound between $91,000 and $102,000 amid heightened geopolitical uncertainty fuelled by US trade tariffs on countries such as Canada, China, and Mexico. The report highlights that latest trends suggest BTC is increasingly behaving ...

Bitcoin is demonstrating resilience and strength following a week of heightened volatility and an undecisive market. Holding firm above the critical $105,000 mark, the leading cryptocurrency is signaling its readiness to continue its upward trajectory. Despite the turbulence, Bitcoin’s ability to ma...

The apology was wrapped in a “sorry, not sorry” tone as FT Alphaville’s city editor said the firm still stands by “every single one of those posts.”

US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar.

Based on the growing global money supply projected to peak at $127 trillion in January 2026, some analysts predict a Bitcoin cycle top above $132,000.

Ethereum is the laggard in this bullish cycle. When Bitcoin soared to register fresh all-time highs, easing past $70,000 in March, ETH prices struggled to break $4,000. When it did, the best the coin could do was retest $4,100 before dumping hard. In the past seven months, after the second most valu...

Bitcoin's use as a store of value or a means of exchange is not mutually exclusive.

Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds, and cas...