Dig Deeper, Invest Smarter
Indian users of Bybit will now pay GST (Goods and Services Tax) on a range of cryptocurrency transactions. Bybit’s announcement complies with India’s crypto tax rules as the international exchange seeks to deepen its ties in the country. Bybit Imposed 18% GST Burden On Users According to an official announcement, cryptocurrency exchange Bybit says Indian
The post Bybit Slaps 18% GST On Indian Crypto Traders Amid Stiff Tax Regime appeared first on CoinGape.
The post How High Can Bitcoin Price Go? Exploring the Correlation Between M2 and Bitcoin appeared first on Coinpedia Fintech News
A macroeconomic chart reveals that the M2 Money Supply is starting to rise again. Historical market patterns suggest that there is a correlation between the M2 Money Supply index and the Bitcoin price index. Crypto market watchers are now eyeing a potential all-time high for Bitcoin within this quarter, if historical correlations between M2 and crypto prices hold true. Here is what you should know.
Analysing M2 is a way economists use to track all the money that is easily available in an economy. M1 is the most basic form of money, which includes cash and checking accounts. M2 is a broader measure, which includes everything in M1 plus savings accounts, money market accounts and certificates of deposit.
A macroeconomic chart, shared on X by renowned crypto analyst Michael van de Poppe, shows that the M2 money supply is starting to rise again.
A sharp rise in the M2 money supply implies that there is a significant increase in the amount of easily accessible money in the economy.
Historical market patterns indicate that there is a correlation between the M2 money supply index and the BTC price index.
When M2 increases, BTC tends to go up as well.
Currently, the Bitcoin market stands at $85,738.15. In the last seven days, the BTC market has surged by over 8%.
Michael van de Poppe predicts that if this correlation between M2 and Bitcoin continues, Bitcoin may touch a new all-time high this quarter.
Last time, while Bitcoin was inching towards an all-time high, the US was preparing to witness a political shift.
It was on January 20, hours before Trump’s inauguration, that the BTC market crossed the crucial $109K mark. Since January 21, the BTC market has declined by over 19.28%.
This crypto analyst also warns that if BTC rises with M2 supply, the global economy could see several unusual developments: decreasing bond yields, falling gold prices, declining dollar index, increasing CNH/USD, and rising altcoins.
The US 5-year Bond Yield sits at 4.021%, 10-year at 4.384%, 20-year at 4.862%, and 30-year at 4.821%. Since the start of this month, especially after the announcement of Trump’s tariffs, all these bond markets have seen steady growth.
Similarly, the Gold Spot market, which is currently priced at $3,222.885, has grown significantly during the period. On April 11, the market even touched an ATH of $3,244.
In conclusion, while a rising M2 supply brings renewed optimism for Bitcoin and the broader crypto market, investors must remain cautious. Correlations can shift and macroeconomic events may change course quickly. As analysts warn of ripple effects across asset classes, it is crucial to monitor the evolving data closely, Whether this is the start of a new rally or a temporary spike, the coming weeks will be decisive for BTC’s direction.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post How High Can Bitcoin Price Go? Exploring the Correlation Between M2 and Bitcoin appeared first on Coinpedia Fintech News
A macroeconomic chart reveals that the M2 Money Supply is starting to rise again. Historical market patterns suggest that there is a correlation between the M2 Money Supply index and the Bitcoin price index. Crypto market watchers are now eyeing a potential all-time high for Bitcoin within this quarter, if historical correlations between M2 and …
Vanadi Coffee’s shareholders approved its Bitcoin accumulation plan, opening with a $6.8 million purchase of 54 BTC. It plans to invest $1.17 billion in total, which would make it Spain’s largest Bitcoin holder.
So far, Vanadi’s plan seems to be working, with impressive stock price gains in the last few days. However, economists warn of a corporate Bitcoin bubble that the firm might not be able to withstand.
Companies around the world are turning to the Bitcoin treasury strategy, following in MicroStrategy’s footsteps to make radical business pivots.
Earlier this month, Vanadi Coffee did the same, proposing to spend over $1 billion on Bitcoin to replace a flailing core business. At a board meeting yesterday, shareholders unanimously approved the proposal:
NEW:
Spanish coffee shop chain Vanadi Coffee announces that shareholders unanimously approved authorizing the Board to negotiate convertible financing lines up to
€1B to fund its bitcoin accumulation strategy. pic.twitter.com/3W629cXZti
— Cassiopeia PR (@Cassiopeia_ltd) June 30, 2025
Since then, things have been moving quite fast. Vanadi has already purchased a significant quantity of Bitcoin, further showing its commitment to carrying out the plan.
Its stock valuation rose around 20% today, building on several days of momentum. Hype built as the board meeting approached, continuing throughout its affirmative decision and these early purchases.
At first glance, this strategy is paying off immediate dividends. If Vanadi manages to spend $1.17 on BTC acquisitions, it’ll become the biggest Bitcoin holder in Spain.
Last year, the firm lost $3.7 million, raising questions about its sustainability in the coffee business. Using its resources for a Web3 pivot could be its best chance of survival.
Still, this might not be a sound investment, at least at scale. Now that so many companies are buying Bitcoin, economists worry about an impending bubble.
If major holders liquidate their holdings, it could send a cascade of volatility through the global markets. Since Vanadi’s core business is underwater, it’s issuing debt to buy Bitcoin, making this the core focus.
MicroStrategy, the “industry leader” for corporate Bitcoin holdings, already holds billions in unrealized losses. Rumors of a forced liquidation have dogged the company, but Michael Saylor has kept fresh investment flowing.
Not everyone can manage this feat. If Vanadi gets squeezed by crypto volatility, a few Bitcoin liquidations could spin out of control.
All that is to say, there are a lot of mixed signals in the market. Vanadi is committing hard to Bitcoin, and it’s already reaping significant rewards.
The post Spanish Coffee Giants See Stock Market Rally After $1 Billion Bitcoin Plan appeared first on BeInCrypto.
BTC price trades close to $95k with an expectation of $100K retest soon. Meanwhile, Norges Bank Investment Management reported Q1 loss of $40 billion on Thursday after the firm embraced “safe” US tech stocks while considering Bitcoin (BTC) as “risky.”
In the past five days, Bitcoin price has soared nearly 14% and tagged $95.6k. Although BTC has paused its ascent, it is likely to hit $100K soon if the bullish momentum continues.
Norges Bank Investment Management that manages $1,800 billion reported $40 billion loss in a Thursday filing. Eli Nagar, the CEO of Braiins Mining, pointed out the irony as the “wealth fund didn’t want to invest in Bitcoin” due to its volatility and tagged it as “too risky.”
Instead the fund invested heavily in “safe” tech equities. According to CNBC, the firms has invested 55% of its fund in United States, including tech giants like Nvidia, Alphabet, Meta, Amazon and so on.
However, investors should note that the fund has indirect exposure to cryptocurrency markets, especially Bitcoin via companies Strategy (MicroStartegy), Coinbase, Metaplanet, and so on.
BTC’s value today hovers around $94,552 after closing Friday on a positive note. The four-hour chart highlights Bitcoin’s price escape from a previous value area, extending from $81k to $88.4k. This uptrend has pushed BTC price into the three-month consolidation area, stretching from $93k to $102.5k. There might be a sustained consolidation over the weekend amid Trump’s tariff pause. The push into this value area indicates that the bulls are in control, but a closer look shows they may be losing steam.
The Relative Strength Index (RSI) is in the overbought zone and has produced lower highs, diverging with BTC price’s higher highs. This nonconformity is termed bearish divergence and often leads to corrections. The same divergence can be noted on the Awesome Oscillator (AO).
However, Bitcoin price might not correct soon and could produce another higher high while the RSI & AO produce another lower high. This move will extend the bearish divergence and push BTC into a key reversal zone, extending from $97.1k to $98.1k.
Investors looking to short can expect an opportunity here. In some cases, a volatility driven spike to $100K is also possible, so traders must exercise caution in this area.
While the short-to-mid term timeframe is slightly bearish, investors can expect a bullish Bitcoin price prediction with a sustained move to $102k followed by $108k if $98k to $100k is flipped.
The post BTC Price Close to $100K as Soverign Fund that Rejected Bitcoin Reports $40B Loss appeared first on CoinGape.