Macro

Bitcoin at volatile crossroads before crucial Fed guidance expected later today

Bitcoin at volatile crossroads before crucial Fed guidance expected later today

Bitcoin markets are bracing for potential turbulence as the Federal Open Market Committee prepares to conclude its May 6-7 meeting. While the federal funds rate is widely expected to remain unchanged at 4.33% (target 4.25%−4.50%), attention will turn to the tone and nuance of Chair Jerome Powell’s subsequent press conference at 2 P.M. EST, which may […]

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Crypto funding hits .9B in Q1 2025 with US firms leading the charge

Crypto funding hits $4.9B in Q1 2025 with US firms leading the charge

Crypto venture funding reached $4.9 billion in the first quarter of 2025, marking a strong comeback for the industry, according to a May 1 report by Galaxy. The total capital raised was 40% higher than the previous quarter and came from 446 deals, which also reflected a 7% growth during the period. This makes the

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Bitcoin expected to beat stalling US GDP growth trend as Q1 data is released later today

Bitcoin expected to beat stalling US GDP growth trend as Q1 data is released later today

At 08:30 ET today, the Bureau of Economic Analysis is set to release its advance estimate for US Q1 GDP, with consensus expectations at a 0.3% seasonally adjusted annual rate. If confirmed, this would mark the weakest quarterly print since early 2022 and contrast starkly with the inflow of over $3 billion into spot Bitcoin

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Tether’s tokenized gold hits record 7.7 ton backing amid global demand for safe-haven assets

Tether’s tokenized gold hits record 7.7 ton backing amid global demand for safe-haven assets

Tether’s tokenized gold product, XAUT, has released its first official attestation, showing that its total backing amounts to 246,523.33 ounces, equivalent to more than 7.7 tons of gold. According to an April 28 statement, XAUT is priced at $3,123.57 per token and has a total market capitalization of $770 million. The token reached an all-time

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