Crypto Compass by BitcoinWalletSG #119

BlackRock Highlights Bitcoin’s Role as a Global Hedge 🛡️? Read it in our weekly newsletter now!

BitcoinWallet SG
April 29, 2025

Hello Fam,

It’s a big week for markets as several tech giants report earnings including Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), Meta (META), and AMD (AMD). These results could move broader indices and impact sentiment across both traditional and crypto markets, especially if guidance hints at slower spending or economic uncertainty.

Markets may shake, but conviction keeps you anchored. Stay informed, stay safe, and stick to your plan. 🚀

BlackRock Highlights Bitcoin’s Role as a Global Hedge 🛡️

BlackRock’s latest research paper outlines Bitcoin’s growing appeal as a hedge against global risks, including inflation, trade tensions, and geopolitical instability. The report emphasizes Bitcoin’s decentralized nature, limited supply, and low correlation to traditional assets, positioning it as a strategic addition to diversified investment portfolios, especially during periods of market stress.

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IMF Cuts 2025 U.S. Growth Forecast Amid Trade Tensions 🌍

The International Monetary Fund (IMF) has lowered its U.S. growth forecast for 2025 to 1.9%, down from 2.3%, citing rising trade tensions and weakening global demand. The IMF warned that persistent tariff disputes and slowing investment could further dampen economic prospects, urging policymakers to prioritize stability and open trade frameworks to support recovery.

Saylor’s Strategy Buys Another $1.42B in Bitcoin 🟠

Michael Saylor’s company, Strategy, has added 15,355 BTC to its treasury at an average price of $92,737, bringing its total holdings to 553,555 BTC now worth over $52 billion. The purchase was funded through stock offerings, reinforcing Strategy’s long-term conviction in Bitcoin as its primary reserve asset. Saylor also noted the company’s Bitcoin yield stands at 13.7% year-to-date.

Ethereum Foundation Refocuses on Scaling and UX 🏛️

The Ethereum Foundation has shifted its priorities toward near-term scalability and user experience following a recent leadership restructure. The move emphasizes improving Layer-2 performance and developer tools ahead of longer-term upgrades.

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