The UAE government has declared Bitcoin a “store of value similar to gold,” marking a significant acknowledgment of cryptocurrency as a reliable asset. This move is part of a broader trend among sovereign nations recognizing Bitcoin’s potential as a reserve asset, particularly as the UAE now holds over $1 billion in Bitcoin. This decision underscores the UAE’s strategy to diversify its financial portfolio amidst global economic shifts.
CryptoQuant’s Bitcoin Bull-Bear Market Cycle Indicator, which analyzes historical patterns based on network activity and investor behavior, is displaying its deepest values since the bottom registered after the FTX collapse in 2022. This current state […]
During a congressional hearing on February 4, 2026, U.S. Treasury Secretary Scott Bessent clarified that the Treasury Department and the Financial Stability Oversight Council lack the authority to mandate banks to purchase Bitcoin or to […]
Digital asset investment products saw a net outflow of $187 million last week, with Bitcoin leading with a significant withdrawal of $264 million. In contrast, assets such as XRP, Solana, and Ethereum experienced inflows amounting […]