Japan’s debt crisis jolts crypto markets, testing their resilience and reviving Bitcoin’s role as a system hedge against fragile fiat systems. Crypto markets sold off sharply in August 2024 in response to global macro dislocation caused by Japan’s fiscal crisis, underscoring their sensitivity to liquidity shocks and systemic risk. In the first week of August 2024, Bitcoin (BTC) plummeted nearly 17% from its all-time high of $82,000, reversing a month-long rally fueled by ETF inflows and institutional optimism. Ether (ETH) dropped below $3,000, wiping out gains made earlier in the summer. Read more
The National Cryptocurrency Association’s 2025 report reveals a surprising normalcy to crypto ownership, spanning construction sites to art studios and challenging long-held stereotypes. Crypto is getting more normal, from the number of people who use it to the type of people who use it, according to a new report. While Bitcoin (BTC) and crypto news have concentrated on politics and institutions as of late, showing governmental policy becoming more accepting and traditional finance avenues like ETFs being the tail that wags the “crypto dog,” a new report concentrates on the other side of the digital coin. The National Cryptocurrency Association’s (NCA) “2025 State of Crypto” report released in May 2025 reveals that the face of crypto in America is no longer a hoodie-wearing tech bro or suit-clad Wall Street savant; it is a construction worker in Oklahoma, an artist in Chicago, a grandmother in Kansas and 55 million everyday Americans using crypto to shop, save and send money home. The Harris Poll conducted t...
Bitcoin adoption may benefit from continued global uncertainty until a trade agreement between the world’s two largest economies is finalized. Bitcoin’s institutional adoption is seeing a new wave of corporate investments, which stand to benefit from more global uncertainty before a trade agreement is finalized or a controversial US spending bill is passed. US President Donald Trump is pushing forward the “One Big Beautiful Bill Act,” which he says would cut as much as $1.6 trillion in federal spending. “The great, big, beautiful bill will grow the economy like it has never grown before,” Trump wrote in a Truth Social post on Thursday. “It puts put our country on the right track, plus!” Read more