Alex Richardson

1 day ago | dailyhodl.com | Alex Richardson

BitMEX founder Arthur Hayes says the bottom is in for Bitcoin (BTC), and that more rallies are on the way due to several macro catalysts. In a new essay posted to his Substack, Hayes says President Trump has essentially already retreated in his tariff war after likely going too far beforehand. According to Hayes, the pivot from the White House likely means that the worst of market uncertainty has already passed, and that the BTC bottom was already printed in early April below the $75,000 level.

2 days ago | dailyhodl.com | Alex Richardson

Bitcoin (BTC) has tagged the $91,500 level for the first time since March 7th as institutional holdings of the flagship crypto asset enjoy a significant boost. According to blockchain tracking firm Lookonchain, BlackRock and several other large US institutions have upped their Bitcoin stacks to back their BTC-based exchange-traded funds (ETFs). Says Lookonchain, citing data from Arkham,“BTC is back to $90,000.

2 days ago | dailyhodl.com | Alex Richardson

Bloomberg commodity strategist Mike McGlone says that there’s a chance of a massive correction in US markets that could pummel the price of Bitcoin (BTC), oil and stocks. In a post on the social media platform X, McGlone says the US has a “self-correcting mechanism” that may push back against President Trump’s tariff war, which could create market chaos. The analyst shares a chart suggesting that the S&P 500 vs. GDP ratio and the S&P 500 vs.

3 days ago | dailyhodl.com | Alex Richardson

Investor Tom Lee says that US equities are still in the middle of a bull cycle after completing a normal price correction. In a new video update for investors on Fundstrat’s YouTube channel, the firm’s chief investment officer says he’s confident that the S&P 500 has already printed its low, but he just isn’t sure if a quick V-shaped recovery like 2020 will play out or if a 2011-style consolidation will unfold.

3 days ago | dailyhodl.com | Alex Richardson

The CEO of financial services giant Charles Schwab says the firm is looking into launching a spot crypto trading platform for clients within the next year. In the company’s Q1 earnings call, CEO Rick Wurster says he believes that Charles Schwab is a “great destination” for investors interested in crypto, and there’s an obvious new wave of interest in the asset class.