Global M2 Tightens Grip On Bitcoin—What’s Next?
Bitcoin’s tight correlation with global M2 has returned to the spotlight, suggesting that broader monetary conditions remain a key force behind the cryptocurrency’s market trajectory. Recent price action shows Bitcoin converging with M2’s downward drift—mirroring roughly a 70-day lag. This cyclical movement highlights Bitcoin’s ongoing responsiveness to fluctuations in liquidity, even as other fundamental factors, like the newly announced US Strategic Bitcoin Reserve (SBR), continue to capture headlines. Global M2 Correlation And Bitcoin Market Inefficiency In his latest research note,....
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While Bitcoin price has been rather calm as of late, the return of Bitcoin volatility could be around the corner as China introduces new capital controls. China Tightens Grip on Capital. Confirmation is coming out of China that new regulations are being placed on how businesses move capital in and out of the country. Considering the impact of China on Bitcoin, the price could be due for another spike. One source familiar with the matter told Reuters: “The State Administration of Foreign Exchange (SAFE) has begun vetting transfers abroad worth $5 million or more and is stepping up scrutiny....
Italy is tightening its grip on the cryptocurrency market with a new draft decree set for approval this week. The move signals a stricter regulatory approach aimed at curbing manipulation and boosting oversight, aligning with the European Union’s broader push for crypto regulation. Related Reading: Bitcoin Miners Feeling The Squeeze: Reserves Dry Up To 14-Year […]
Fiat currencies and commodities have been sliding downwards against the US dollar for some time as investors are closely watching China and its floundering economy. With the Shanghai Composite Index in a downward spiral, reports of rumored tighter capital controls in China continue to build. In result, Bitcoin may once again experience a windfall as....
Data shows Bitcoin and Ethereum exchange reserves continue their downtrend as the supply shock tightens its grip. Bitcoin And Ethereum Exchange Reserves Trend Downwards As pointed out by a crypto trader in a tweet, both Bitcoin and Ethereum continue to experience a decline in their exchange reserves. The exchange reserve of an asset is an […]
While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry. The shortfall of supply worldwide has disrupted major industries, and manufacturers like Taiwan Semiconductor Manufacturing Company Limited (TSMC) have seen stocks sink in value. At the same time, application-specific integrated circuit (ASIC) manufacturers are dependent on these chips. Ongoing Semiconductor Shortage Creates Skyrocketing Demand, US Bureaucrats Want to Strengthen American....