Author: GT

Bitcoin cryptocurrency coins – Anadolu/Getty Images The price of Bitcoin fell by around 5pc on Sunday amid the growing fallout from Donald Trump’s trade war. The world’s largest and best-known cryptocurrency tumbled to just under $79,000 (£61,500) by the end of the weekend, way below its peak of $106,000 in the wake of the US President’s election victory. Etherium, the second biggest cryptocurrency globally, also slipped by around 9.6pc to just under $1,618.The sell-off signals another potentially turbulent week for investors, as stock markets brace for the prospect of more steep losses. Around $6 trillion was wiped from global markets last week following…

How did Atlantic editor-in-chief Jeffrey Goldberg get added to a Signal group chat with Trump administration officials discussing their plans for an airstrike in Yemen? The simplest explanation: National Security Adviser Mike Waltz had Goldberg saved as a contact in his phone and accidentally added him. Indeed, when Waltz first claimed that Goldberg’s phone number was “sucked in” from another contact, Goldberg scoffed, “This isn’t ‘The Matrix.’” But according to the Guardian, an internal investigation conducted by the White House’s information technology office concluded that something more complicated taken place, with an iPhone auto-suggestion playing a key role: After Goldberg…

Bitcoin just notched its worst first quarter in a decade, falling 11.7% as markets struggled to understand the new administration’s economic agenda. The performance ranked 12th out of the past 15 first quarters, according to NYDIG Research’s data. The drawdown invites a familiar question in crypto circles: is the cycle over? The last time bitcoin started the year this poorly was in 2015, during a prolonged slump following the 2013 peak and after the collapse of Mt. Gox, according to NYDIG. Back then, prices recovered modestly over the rest of the year before surging in 2016. In the first quarter…

The British Broadcasting Corporation has filed a complaint with a UK antitrust regulator complaining that aggregators like Apple News and Google News minimize credit for the stories they feature. Apple Insider reports that the BBC is asking the UK’s Competition and Markets Authority to require Apple and Google to more prominently credit news sources. And while the CMA’s decision would theoretically apply only to UK publications, any change made by the aggregators would presumably affect other publishers too. “If audiences derive value from our content and services but attribute that value to gatekeepers instead of the BBC, then that undermines…

Microsoft has released a browser-based, playable level of the classic video game Quake II. This functions as a tech demo for the gaming capabilities of Microsoft’s Copilot AI platform — though by the company’s own admission, the experience isn’t quite the same as playing a well-made game. You can try it out for yourself, using your keyboard to navigate a single level of Quake II for a couple minutes before you hit the time limit. In a blog post describing their work, Microsoft researchers said their Muse family of AI models for video games allows users to “interact with the…

Credit spreads are widening and have reached their highest levels since August 2024 — a period that coincided with bitcoin (BTC) dropping 33% during the yen carry trade unwind. One way to track this is through the ratio of the iShares 3–7 Year Treasury Bond ETF (IEI) to the iShares iBoxx $ High Yield Corporate Bond ETF (HYG). This IEI/HYG ratio, highlighted by analyst Caleb Franzen, serves as a proxy for credit spreads and is now showing its sharpest spike since the Silicon Valley Bank crisis in March 2023 — a moment that marked a local bottom in bitcoin just…

Bitcoin’s (BTC) recent stability amid Nasdaq turmoil driven by tariffs has generated excitement among market participants regarding the cryptocurrency’s potential as a haven asset. Still, the bulls might want to keep an eye on the bond market, where dynamics that characterized the COVID crash of March 2020 may be emerging. Nasdaq, Wall Street’s tech-heavy index known to be positively correlated to bitcoin, has dropped 11% since President Donald Trump on Wednesday announced reciprocal tariffs on 180 nations, escalating trade tensions and drawing retaliatory levies from China. Other U.S. indices and global markets have also taken a beating alongside sharp losses…

You won’t find anyone more bullish on Bitcoin (CRYPTO: BTC) than Michael Saylor. As the executive chairman of the Bitcoin treasury company MicroStrategy, which now goes by the name Strategy, Saylor more or less pioneered the idea of taking a struggling company and using its available funds to buy hoards of the world’s largest cryptocurrency. Strategy began buying Bitcoin in 2020 and hasn’t stopped. It has paid off, and its stock has absolutely soared. The company has also been able to tap the capital markets to raise debt that it can then use to buy Bitcoin. Late last year, Saylor…

Bitcoin (CRYPTO: BTC) fell by 5.4% on April 3 as the Trump administration’s newly announced tariff policies were digested by the market. Now, with economic uncertainty sky-high and investors looking for havens from the turmoil, it’s an open question whether the tariffs might deal severe harm to the cryptocurrency sector — or if crypto might just end up getting dragged down along with everything else. But is Bitcoin going to fare better than its peers as a result of its highly distributed and decentralized nature? Let’s look at its exposure to the emerging set of risks and figure it out.…

Bitcoin (CRYPTO: BTC) is increasingly an asset that major businesses are looking to buy and hold. That doesn’t necessarily mean that average investors should copy their move — after all, it doesn’t make sense to buy most of the other assets that companies need to operate. Still, it’s worth diving a bit deeper into this trend to see if it’s worth following by buying more of the coin, or if it’s a better idea to stick to your prior plans. According to Elliot Chun, a partner at Architect Partners, a cryptocurrency advisory group, by 2030, roughly 25% of the companies…