Author: armarachristine

The International Monetary Fund (IMF) has officially recognized Bitcoin (BTC) and other cryptocurrencies in its global economic reports for the first time. This marks a major shift, showing how digital assets are becoming an unavoidable part of the financial system.But the update has sparked a heated debate. Some in the crypto community claim the IMF has gone as far as calling Bitcoin “digital gold.” Is that really the case, or is it just a misunderstanding? Let’s break it down.Clearing Up the ConfusionAfter the update, a heated discussion broke out in the crypto community, with many claiming that the IMF referred…

Crypto asset manager and research firm CoinShares says institutional investors poured millions of dollars into digital asset investment vehicles last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says crypto products finally snapped their worst run of investor outflows in 10 years. “Digital asset investment products saw a reversal last week, breaking a five-week streak of outflows, with inflows totaling US$644m. Total assets under management have risen by 6.3% from their low point on March 10th. Notably, every day last week recorded inflows, following a 17-day consecutive run of outflows — signaling a decisive shift in sentiment toward…

Crypto observers were speculating on Monday that World Liberty Financial (WLFI), the decentralized finance (DeFi) platform backed by U.S. President Donald Trump and his family, might be testing its long-awaited dollar stablecoin before rolling out for the broader public.Blockchain sleuths earlier today noted a flurry of activity with a token labeled as World Liberty Financial USD (USD1) on blockchain monitoring websites Etherscan and BscScan. Blockchain data shows that USD1 was deployed earlier this month on the Ethereum and BNB Chain networks and series of transactions with the token occurring over the past couple weeks.Some transfers included addresses linked to Wintermute,…

Metaplanet, Japan’s largest corporate bitcoin holder, has appointed Eric Trump to its newly formed strategic board of advisers. The move aims to advance Metaplanet’s bitcoin adoption mission as bitcoin gains mainstream traction. Metaplanet announced the move on Friday, stating that Trump’s expertise and passion for bitcoin will help drive the company’s goals. As the son of U.S. President Donald Trump, Eric Trump has emerged as an influential voice supporting the growth bitcoin and the crypto industry. JUST IN: 🇯🇵 Japanese public company Metaplanet appoints Eric Trump as a strategic advisor to help drive Bitcoin adoption. pic.twitter.com/9UnAFzF5Ty— Bitcoin Magazine (@BitcoinMagazine) March…

With the ongoing tariff war, the Federal Reserve pausing interest rate hikes for the second time, and growing global economic uncertainty, the crypto market is in turmoil. Prices swing wildly, investors are on edge, and no one seems sure what to do next. Should they buy, sell, or wait it out? Some say it’s just another cycle, while others warn of bigger risks ahead.But according to one expert, the real problem isn’t the market – it’s the mindset. And the biggest obstacle holding people back? It’s not Fear of Missing Out (FOMO), but something even more powerful. This might just…

A closely followed analyst believes that Bitcoin (BTC) remains in bull territory despite widespread calls for a market downtrend. Pseudonymous analyst Inmortal tells his 231,200 followers on the social media platform X that Bitcoin tends to witness a two-stage bull market based on historical precedence. The trader shares a chart suggesting that the second stage of the Bitcoin bull market would last until the end of the year. “Bull market – Stage two BTC.”  Source: Inmortal/X Zooming in, the crypto strategist outlines a potential price path for Bitcoin, predicting that BTC will be stuck in a wide trading range for…

The correction in stocks could be over based on a key technical indicator and that might be good news for bitcoin (BTC), which has also breached similar resistance.Ahead 1.7% on Monday to follow up on last week’s gains, the S&P 500 has moved above its 200-day moving average (200 DMA), after correcting as much as 10% in recent months. This 200 DMA is calculated by taking the mean of the closing prices over the past 200 trading days and is often used to assess broader market trends and potential turning points.The S&P 500 last crossed that gauge on March 10,…

A few weeks ago, we briefly touched on how civil asset forfeiture may apply to Bitcoin, a process in which the Government may seize citizen’s assets without accusing a person of a crime. With the US Government stating that civil asset forfeiture will form a key pillar in building its Strategic Bitcoin Reserve, the Fifth Amendment Integrity Restoration Act of 2023, also known as the FAIR Act, is arguably the most important Bill introduced in Congress today to protect Bitcoin holders from extensive Government overreach. Without it, many may see their bitcoin seized and forfeited on behalf of the Reserve…

Trump’s proposed tariffs initially hit the market harder than the SEC’s regulations, pushing Bitcoin down to $80,000. But now, the tides are shifting. Fresh reports suggest that the tariffs set to take effect on April 2 might not be as severe as feared, sparking a strong rebound in both stocks and crypto.Bitcoin, XRP, and Solana kicked off the week with solid gains as investor sentiment improved. With key economic events on the horizon and Trump’s policies still unfolding, the next few days could be crucial for the market.Crypto Market Sentiment ImprovesFollowing the news, Bitcoin climbed 2.7% in the last 24…

A prominent analytics firm says one digital asset category with a soaring market cap could fuel a potential market recovery. IntoTheBlock says on the social media platform X that the market cap of stablecoins has risen to a new all-time high. While the analytics firm notes that a growing stablecoin market cap is a sign that traders are selling their coins in favor of dollar-pegged crypto assets, it also indicates that a massive amount of capital is ready to be deployed once conditions turn bullish. “The stablecoin market cap keeps growing, recently surpassing $220 billion. While these tokens are widely…