Did Mark Cuban Sell Bitcoin at the Bottom?

Billionaire entrepreneur and investor Mark Cuban has sent shockwaves through the market after revealing he recently dumped 80% of his Bitcoin holdings. His reasoning? The flagship cryptocurrency failed to act as a safe-haven hedge during recent geopolitical turmoil. However, prominent crypto veterans are calling out the billionaire’s logic, pointing out that the market data suggests […]

BlackRock offloaded $1.2 billion of these cryptocurrencies in a week

BlackRock recorded massive outflows from its spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) over the past week as the cryptocurrency market struggled with volatility. To this end, the world’s largest investment manager saw investors pull a combined $1.197 billion from the two cryptocurrency products. The data indicates that the bulk of the outflows […]

Bitcoin’s hard-money thesis is colliding with 5% Treasury yields

Bitcoin was created as a response to the kind of debt-financed monetary disorder now playing out across global bond markets. The original thesis was that when governments borrowed recklessly and debased their currencies, hard-money assets would absorb the resulting demand. What that thesis left unresolved is the possibility that the debt spiral could tighten financial […]