BTC climbed to 1.7% of global money before Fed chair signaled rate cut
Bitcoin accounts for an ever-greater share of global money as central banks continue to print currency and reduce purchasing power.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin accounts for an ever-greater share of global money as central banks continue to print currency and reduce purchasing power.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Strategy Buys $82M in Bitcoin but Spends $188M on Preferred Share Buybacks
Strategy’s Bitcoin purchase came with a bigger transaction hiding in plain sight. Michael Saylor’s company bought about $82 millio...
37 European Banks Back Qivalis Euro Stablecoin in €450M Market Expansion
Key Takeaways: Qivalis has obtained the authorization from the Dutch regulatory authorities to issue electronic money in Europe. T...
Amundi Boosts Strategy (MSTR) Stake 44% to $291 Million as Shares Slide
Bitcoin Magazine Amundi Boosts Strategy (MSTR) Stake 44% to $291 Million as Shares Slide Amundi, Europe’s largest asset manager, r...
Canton Hosts Tokenized US Share Trade Under SEC Innovation Exemption
TL;DR: A tokenized share transaction involving a Nasdaq-listed company has taken place on Canton under a US regulatory exemption,...
Trump Crypto Firms Face Senate Records Deadline as Democrats Prepare to Take Control
Trump crypto firms are facing a deadline with a different political weight behind it. Senator Richard Blumenthal has renewed deman...
Hyperliquid Strategies Reports 38.5M HYPE Treasury After $802M Deployment
TL;DR: Hyperliquid Strategies says its HYPE token treasury reached 38.5 million tokens at September 30 after a quarter in which it...