Anthony Pompliano, CEO of Professional Capital Management, describes Bitcoin as a 'scarcity asset' that benefits from a macroeconomic shift favoring limited-supply assets like Bitcoin and oil. Despite conflicting signals such as rising energy prices indicating inflation and weakening labor markets suggesting slowing growth, Pompliano believes markets are forward-looking and already pricing in future conditions. He highlights a stagflation-like environment where inflation coexists with slowing growth, complicating central bank policies. Additionally, AI-driven productivity gains create deflationary pressures, adding complexity to the outlook. In this uncertain environment, Pompliano suggests capital may increasingly flow into Bitcoin as a scarce, non-debasable asset, while traditional equities could face challenges.
Abraxas Capital moved 618 BTC worth about $40 million onto Kraken, likely preparing to sell, while withdrawing 8,153 ETH valued at $15.3 million from Binance and Bybit, signaling a possible shift from Bitcoin to Ethereum. This $55 million transaction...
Bitcoin's price surged above $65,000, reaching a high of $68,560, marking a 29% recovery from its recent low. This rally is driven by $1.2 billion inflows into spot Bitcoin ETFs, reflecting renewed institutional optimism at an average cost basis of $...
Bitcoin has surpassed important resistance levels and formed a bullish reversal pattern, signaling potential gains. The critical level to watch is $65,000; a firm hold above this could lead Bitcoin toward $67,000 and then $70,000. However, if Bitcoin...
Several cryptocurrencies have challenged Bitcoin by focusing on specific features: Monero offers strong transaction privacy, Bitcoin Cash provides cheaper payments, tokenized gold delivers price stability, and stablecoins handle large transaction vol...
Bitcoin's long-term holders, known as whales, have stopped their two-year selling streak, with activity from old wallets dropping by over 50% in 2026. This marks the end of the 'Great Distribution' period, where veteran investors sold large amounts o...
