Investment firms adopting Bitcoin treasuries are anticipating a $200 trillion market capitalization for Bitcoin, driven by global adoption and its unique monetary properties, according to Blockstream CEO Adam Back.
Tag: Federal Reserve
US Banks Given Green Light for Bitcoin Adoption Following Fed Guidance Withdrawal
Michael Saylor highlights a potential surge in Bitcoin adoption by US banks after the Federal Reserve withdrew its cautionary guidance on cryptocurrency engagement, signaling a pivotal shift in regulatory sentiment.
Bitcoin ETFs See Dramatic $912M Inflows: Investor Confidence Surges
Bitcoin ETFs experience their largest inflows since January, signaling a significant boost in investor confidence amid easing trade war concerns. Explore the factors driving this resurgence, including Trump’s softened stance on tariffs and the US dollar’s weakness.
Bitcoin’s Safe-Haven Status: Outperforming Stocks Amid Recession Fears
Analysis of Bitcoin’s recent performance suggests it’s acting less like a tech stock and more like gold, finding resilience amidst trade wars and growing recession concerns. Explore its potential as a safe haven asset.