By Wayne Jones Bloomberg Intelligence senior commodity strategist Mike McGlone has published a warning suggesting Bitcoin (BTC) could revert toward $10,000 as broader financial market turbulence spreads. His remarks framed the current market slide as part of a broader risk-asset unwind tied to stocks, volatility cycles, and macro liquidity. Macro Stress Signals Point to Rising […]
Tag: SAFU
By Emir Abyazov Bitcoin collapsed to $75,555, losing 40% from its all-time high and falling out of the top 10 global assets. Large-scale liquidations exceeded the levels seen during the FTX crash and the coronavirus meltdown. Bitcoin enters bear market amid political and macro risks Bitcoin left the top 10 global assets for the first […]
By Emir Abyazov Key highlights: Binance will complete the $1 billion SAFU fund conversion to Bitcoin within 30 days from January 30, 2026. The exchange implements an automatic rebalancing system to maintain fund protection even during Bitcoin price fluctuations. SAFU reserves will continue to meet regulatory requirements while supporting institutional confidence in crypto safety. Binance, […]