Crypto News

Bitcoin, S&P 500 Take Backseat to Stagflation Trade as Trump Tariffs Threaten to Derail Growth

No one dared to speak about the potential for stagflation, the dreaded word representing portmanteau of stagnation and inflation, at the World Economic Forum in Davos early this year despite the looming Trump tariff and trade war.However, investors have acknowledged the s-word risk, leading to the outperformance of stagflation-linked strategies relative to the buy-and-hold bitcoin and the S&P 500.As of last week, Goldman Sachs' "stagflation basket," which bets on strength in commodities and defensive plays like health care and shorts on the consumer discretionary, semiconductors and unprofitable tech stocks, was up nearly 20% for the year..The S&P 500, Wall Street's benchmark equity index, has dropped 4% this year, with bitcoin, the leading cryptocurrency by market value, down 10%, per data...

Strategy Leverages STRK ATM to Acquire 130 More Bitcoin

Strategy (MSTR) marginally added to its massive bitcoin (BTC) holdings, selling a modest amount of its preferred stock (STRK) to fund the acquisition.The company last week purchased 130 bitcoin for roughly $10.7 million, or an average price of $82,981 each, according to a Monday morning filing. The so-called "BTC yield" is 6.9% year-to-date, according to Strategy.Company holdings are now 499,226 bitcoin acquired for a total of $33.1 billion, or an average cost of $66,360 per token.This latest purchase was funded by the sale of 123,000 shares of STRK, which generated about $10.7 million of net proceeds. Strategy last week announced a mammoth $21 billion at-the-market offering of that preferred stock.Disclaimer: Parts of this article were generated with the assistance from...

Trump Pro-Crypto Policy Could Trigger Global Financial Crisis: ECB Official

François Villeroy de Galhau told French media that the Trump administration's pro-crypto agenda is “sowing the seeds of future upheavals.”Source link

After Four Straight Monday Declines, What’s on the Cards for Bitcoin?

Bitcoin (BTC) investors are looking to move past four consecutive Monday losses.Over the past few weekends, the largest cryptocurrency has experienced significant price volatility, driven by macroeconomic uncertainty including geopolitical tensions, tariffs and rising global bond yields. The weekend nervousness appears to have carried over into Mondays.Data from Velo shows the over the past three months Mondays and Thursdays have been the most negative days of the regular workweek. Sunday, however, stands out as the worst-performing day of the week overall, with an average price decline of 1%. Overall, weekends perform slightly worst than weekdays in terms of performance. Bitcoin has fallen the past four Mondays, Coinglass data shows. It lost 0.31% on Feb. 17, 4.6% on Feb. 24, 8.5% on...

Cardano and Bitcoin Integration: A New Frontier for Blockchain Synergy

This content is provided by a sponsor. PRESS RELEASE. In a crypto landscape where Bitcoin frequently tops $100K and commands a $1.3 trillion market cap, Cardano (ADA) is carving a transformative path through its integration with Bitcoin. Announced in October 2024, this integration, powered by the BitcoinOS (BOS) Grail Bridge, uses zero-knowledge cryptography to connectSource link