Bitcoin News

El Salvador President Nayib Bukele Calls Off Bitcoin 2022 Conference Appearance
Bukele had previously teased he would be making an important announcement at this year’s conference.

Crypto Markets Dip Despite LFG’s $230M BTC Purchase
JST Capital Partner & Co-Founder Scott Freeman discusses why digital assets are trading lower today despite the Luna Foundation Guard’s recent purchase of $230 million worth of bitcoin. Plus a conversation on macro factors including Treasury Secretary Janet Yellen’s upcoming speech on cryptocurrency and the ongoing war between Russia and Ukraine.

ProShares Aims to Let Investors Bet Against Bitcoin With New ETF
The company filed an application with the SEC for the Short Bitcoin Strategy ETF.

First Mover Americas: Luna Foundation Guard Is Back Buying Bitcoin, Fed Minutes on Deck
The latest moves in crypto markets in context for April 6, 2022.

Luna Foundation Guard Adds Nearly $230M of Bitcoin to Stack
The foundation now has bigger exposure to bitcoin than the U.S. electric-car maker Tesla.

Observers Cautious for Bitcoin as US Inflation-Adjusted Bond Yield Hits 2-Year High
Typically rising borrowing costs hurt risk assets, one research firm said.

Bitcoin Slumps to $45K Amid Hawkish Fed, Buying Activity Remains Positive
Institutional adoption of bitcoin could boost confidence among those who have previously considered cryptocurrencies a poor investment, some analysts said.

First Mover Asia: Singapore Wants More Control Over Crypto Companies That Call It Home but Aren’t There; Major Cryptos Drop
Many crypto companies, especially those with roots in Asia, choose to register their companies in Singapore, but the city-state has grown uncomfortable with the scale of this arrangement; bitcoin and ether fall.

Crypto Markets React to Hawkish Brainard Remarks
Marcus Sotiriou, GlobalBlock market analyst, shares his bitcoin price outlook as Federal Reserve Governor Lael Brainard said Tuesday the U.S. central bank will reduce its balance sheet as soon as May. Plus, a conversation on MicroStrategy’s continued accumulation of bitcoin and Exxon’s plans to enter the crypto mining industry.


