Month: May 2025

Bitcoin Is Flying Off Exchanges, So Why Isn’t Price Going Up? 

Bitcoin balances on exchanges just hit a five-year low, reported BTC financial services firm Swan on May 1. “Strategy just added 15,000 more BTC, ETFs are stacking, and sovereign wealth is circling,” they observed before asking, “So why isn’t the price exploding?” Bitcoin has encountered resistance at the $95,000...
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El Salvador Committed To Buy Bitcoin Despite IMF Requirement, Says Minister— ‘Important Project’ Started By Nayib Bukele

El Salvador’s economy minister reiterated the country’s resolve to hoard more Bitcoin (CRYPTO: BTC) Tuesday despite the International Monetary Fund’s requirement to reduce exposure to the leading cryptocurrency. What happened: During an interview with Bloomberg, Maria Luisa Hayem called Bitcoin an “important project” initiated by President Nayib Bukele. “There’s...
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