Ray Dalio questions Bitcoin safe-haven role as Saylor fires back
Ray Dalio said Bitcoin has not acted as a safe haven, citing privacy limits, tech-stock correlation, and gold’s stronger reserve role.
NewsBTC·
Global crypto funds have extended their positive streak into a sixth straight week amid growing rally conviction and a boost from improving sentiment around the CLARITY Act ahead of its long‑delayed Senate Banking markup. Related Reading: Bitcoin Price Gains Renewed Strength, Market Eyes Bullish Breakout Bitcoin Leads Crypto Funds $858M Inflows Global crypto investment products have extended their positive streak for the sixth consecutive week after posting $857.9 million in inflows over the past week. The funds saw a significant surge from the modest $117 million recorded on the week that ended on April 24. As Bitcoin surged to its highest levels in months, funds based on the flagship crypto led last week’s boom, drawing $706.1 million and bringing year-to-date (YTD) flows to $4.9 billion, according to CoinShares data. Conversely, short Bitcoin products saw $14.4 million in outflows, its largest withdrawals of the year, indicating traders are unwinding hedges amid growing rally convic
Read full articleRay Dalio said Bitcoin has not acted as a safe haven, citing privacy limits, tech-stock correlation, and gold’s stronger reserve role.
PI has slipped by 6% weekly, which has pushed it further south in terms of market cap placement.
Michael Saylor has defended Strategy’s ability to sell limited amounts of Bitcoin while continuing to expand its BTC treasury, arguing the company should avoid becoming a net seller rather than follow an absolute “never sell” stance. According to comments shared…
Bitcoin trades near $81.9K as bulls target $85K to $88K resistance, with price holding above the key 21-day moving average. Bitcoin traded near $81,890 on the daily chart, while bulls watched the $85,000 to $88,000 resistance zone. The price also held above the 21-day moving average, which kept short-term momentum in focus. Bitcoin Holds Above […] The post Bitcoin Bulls Eye $85K To $88K As Price Holds Above Key 21 Day MA appeared first on Live Bitcoin News.
The ABA's lobbying against stablecoin provisions highlights the tension between traditional banking and emerging financial technologies, impacting future financial landscapes. The post American Bankers Association escalates lobbying against CLARITY Act stablecoin provisions appeared first on Crypto Briefing.
Standard Chartered estimates that XRP ETFs could attract $4-$8 billion in inflows by year-end if the asset receives permanent commodity status.
The American Bankers Association (ABA) is pressing for big changes to the Clarity Act, claiming the crypto market structure bill could put bank deposits at risk of losing ground to stablecoins. Last week, the Senate Banking Committee announced it had scheduled a new markup session to consider the potential legislation. Over the weekend, ABA President […] The post Bank Lobbyists Strike Out Against Clarity Act, Say Bill Would Risk ‘Flight of Bank Deposits’ Into Payment Stablecoins appeared first on The Daily Hodl.
Strategy has resumed its Bitcoin accumulation with a new $43 million acquisition, which has taken its holdings close to the 820,000 BTC milestone. Strategy Has Expanded Its Holdings By Another 535 Bitcoin As revealed by Strategy co-founder and chairman Michael Saylor in an X post, the company has made a fresh Bitcoin acquisition involving 535 […]