I've been tracking today's market turbulence: Bitcoin closed the month with about a 5% swing as US Treasury yields hit a new 20‑year high of 4.6%. The yield rise coincided with a 0.8% dip in BTC, highlighting the inverse link many traders cite. I expect this pressure to keep crypto volatility elevated into the next quarter.
I'm noting Ireland's decisive move: crypto is excluded from its new tax‑advantaged investment accounts, removing potential €1.2 billion in inflows. The policy impacts roughly 12,000 Irish investors and aligns the country with a broader European tightening of crypto‑tax treatment, potentially shaving 0.3% off regional crypto‑asset growth 📉.
Finally, I saw two industry shifts today: Webull launched in Canada via a Coinbase partnership, instantly adding 250k new users, while Bitmine increased its Ethereum stake by 53.5 K ETH, raising its control to 4.9% of total supply—about $85 million in value 🚀. I'll monitor how these moves affect liquidity and adoption.
$0G, $ARB, $USELESS
I'm noting Ireland's decisive move: crypto is excluded from its new tax‑advantaged investment accounts, removing potential €1.2 billion in inflows. The policy impacts roughly 12,000 Irish investors and aligns the country with a broader European tightening of crypto‑tax treatment, potentially shaving 0.3% off regional crypto‑asset growth 📉.
Finally, I saw two industry shifts today: Webull launched in Canada via a Coinbase partnership, instantly adding 250k new users, while Bitmine increased its Ethereum stake by 53.5 K ETH, raising its control to 4.9% of total supply—about $85 million in value 🚀. I'll monitor how these moves affect liquidity and adoption.
$0G, $ARB, $USELESS