Bitcoin explodes above $90,000
Welcome to the Wednesday, April 23, 2025, Daily Tribune ☕️
Hello Cointribe! 🚀
Today, it is Wednesday, April 23, 2025, and like every day from Tuesday to Saturday, we summarize the latest 24-hour news you shouldn’t miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Sunny ☀️
24h crypto recap! ⏱
🚀 Bitcoin surpasses $90,000 with a spectacular rise
Bitcoin has crossed the symbolic threshold of $90,000, supported by a massive influx of institutional investors and an increased bullish momentum. As we write this newsletter, it has even surpassed $93,000.
⛪ A Catholic crypto ignites speculation about the next pope
An unofficial cryptocurrency called "Pope Coin" stirs speculation about the identity of the future pope after the death of Pope Francis.
📈 70 crypto ETFs awaiting SEC approval this year
More than 70 crypto ETF proposals are currently awaiting approval from the SEC, marking a major turning point for the digital asset industry.
🏛️ Paul Atkins takes the helm at the SEC, a turning point for crypto
Former SEC commissioner Paul Atkins officially becomes the president of the institution, paving the way for a more favorable approach to cryptocurrencies.
Crypto of the day: Immutable (IMX)
Immutable is a layer 2 scaling solution for Ethereum, specifically designed for NFT and gaming applications. It uses zero-knowledge rollups (zk-rollups) technology to provide fast, secure transactions with no gas fees, while maintaining security equivalent to that of Ethereum. This approach allows developers to create and deploy large-scale decentralized applications with a smooth user experience and reduced costs.
The token IMX is used to pay transaction fees, participate in protocol governance, and incentivize users to contribute to the ecosystem. Holders can stake their tokens to secure the network and receive rewards. The initial distribution of IMX was carried out through a public sale and strategic partner allocations, with a total cap of 2 billion tokens.
Recent performance:
Current price: $0.6525 USD
24-hour variation: +40.45%
Market capitalization: approximately $1.17 billion
Rank on CoinMarketCap: #63
Gold or Bitcoin in 2025: Which asset to prioritize in an uncertain world?
While gold reaches historic highs and Bitcoin sparks passionate debate, investors face a strategic dilemma. In an economic context marked by inflation, geopolitical tensions, and expansionist monetary policies, it is important to analyze the strengths and weaknesses of these two assets to guide investment choices.
Gold: a proven safe-haven asset
In 2025, gold continues to play its traditional role as a safe haven. With a 26% increase since the beginning of the year, it outperforms many assets, including Bitcoin, which shows a 6% decline over the same period. This performance is supported by increased demand from central banks, notably in China, Poland, and Turkey, seeking to diversify their reserves amid dollar depreciation.
Gold also benefits from its status as a tangible asset, offering perceived security during uncertain times. However, its continued production and the discovery of new deposits can influence its supply, unlike Bitcoin, whose supply is strictly limited.
Bitcoin: a digital store of value in the making
Bitcoin, often called "digital gold," has unique characteristics. Its supply is capped at 21 million units, reinforcing its rarity. Moreover, its decentralized nature and ease of transfer make it an attractive asset for investors looking to hedge against inflationary monetary policies.
Influential figures, like Robert Kiyosaki, see Bitcoin as protection against inflation and predict significant increases in its value, estimating it could reach $300,000 by the end of 2025. However, Bitcoin remains volatile and dependent on technological adoption and regulation.
The choice between gold and Bitcoin depends on each investor's objectives and risk tolerance. Gold offers proven stability, while Bitcoin offers high growth potential but with increased volatility. A balanced strategy could involve diversifying one's portfolio to include both assets, leveraging the advantages of each in an uncertain economic environment. 🔗 Read the complete analysis
