The crypto market is uneasy as fear is creeping in, reflected in CoinMarketCap's index sitting at 30/100, a clear sign of bearish sentiment among traders. Yet, something unexpected is happening.
The highly anticipated White House Crypto Summit could bring game-changing developments for Bitcoin.
The U.S. Federal government sold roughly 195,000 Bitcoin over a decade, pocketing an estimated $366 million from criminal seizures like Silk Road.
Bitcoin (BTC) has been experiencing high volatility in recent trading as investors have proved exceptionally reactive to rumors and news.
On March 6, the company announced that it had started purchasing BTC. It is joining a growing number of traditional finance companies incorporating Bitcoin into their portfolios.
According to a March 6 report by The Korea Herald, South Korea's Democratic Party has indicated that it could revamp the country's crypto policy.
BlackRock's Bitcoin holdings are up as the crypto market extends its recovery in Thursday's trading session. According to blockchain analytics platform Lookonchain, on March 6, the group of 10 Bitcoin ETFs saw a positive net inflow of 80 BTC worth $7.22 million, with BlackRock's iShares Bitcoin ETF leading the charge.
Bitcoin Magazine Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy This post Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.
TL;DR Michael Saylor reaffirms that Bitcoin should be the central asset in the U.S. crypto reserve, emphasizing its decentralized nature and dominant role in the digital economy. Donald Trump initially included XRP, Solana, and Cardano in the reserve, but after criticism, he clarified that only Bitcoin and Ethereum would be part of the plan.
El Salvador appeared to contradict a recent agreement with the IMF to cease public investment in Bitcoin.
David Sacks' observation mirrored President Donald Trump's initial vision for a “strategic Bitcoin stockpile.”
The crypto market continued its upward trajectory, with the market cap increasing by over 4% to reclaim the $3 trillion mark. Most cryptocurrencies traded in positive territory, and Bitcoin (BTC) reclaimed the $90,000 level after an increase of nearly 6% over the past 24 hours.
XRP is trading at a 5.11% premium to Bitcoin (BTC) today, and that is quite telling. It is now almost five months since the third largest altcoin has outperformed the leading cryptocurrency, and despite all the recent market turbulence, the trend continues.
One of the core promises that XRP (XRP 4.66%) extends to its target users -- financial institutions -- is that they'll be able to transfer their money more quickly and more cheaply if they use the token instead of using an alternative technology. The token's feature set is expanding to include the ability to make the same snappy transfers of other assets, too.
Cardano (ADA), the eighth largest cryptocurrency by market capitalization, has unexpectedly dropped 6%, leaving market participants wondering about the reasons behind the sudden decline. The price drop contrasts with the broader crypto market, which is recovering from recent losses, with several cryptocurrencies trading in the green.
The US government's lack of a long-term Bitcoin strategy highlights missed financial opportunities and raises concerns about asset management. The post Trump's crypto czar David Sacks says US government missed out on $17 billion by selling Bitcoin too early appeared first on Crypto Briefing.
The crypto market's volatility index could shoot up further this Friday as investors brace for the upcoming White House digital currency summit. Trump's announcement of a US Crypto Strategy Reserve last weekend set off a wave of market reactions.
You might be surprised to find out that, through the first two months of 2025, one of the best-performing major cryptocurrencies was Litecoin (LTC 3.40%). At one point, it was up more than 20%.
PAWS, a popular Telegram Mini App, migrates to Solana in reaction to newly imposed requirements by the social media platform.
Solana (SOL) has gone up 1.5% in the past day and currently stands at $148.7 as volatility has subsided in the past few days.
House Bill 302 moves to a full House vote after a 16-1 approval. Bitcoin allocation was reduced from 10% to 5% for secure management.
XRP (CRYPTO: XRP) continues its strong rally, driven by anticipation of the upcoming White House crypto summit and the confirmed attendance of Ripple CEO Brad Garlinghouse. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.59 $150.4 billion +5.2% +17.8% Bitcoin (CRYPTO: BTC) $89,758.18 $1.77 trillion +0.4% +4.7% Ethereum (CRYPTO: ETH) $2,251.41 $271.6 billion +2.7% -3.3% Trader Notes: Trader CrediBULL Crypto is watching whether XRP drops below $2 for a potential re-entry.
As DeFi continues to expand, new projects are reshaping the market by offering specialized financial solutions. While Cardano (ADA) has built a strong reputation for its blockchain infrastructure, Mutuum Finance (MUTM) is emerging as a focused alternative with a decentralized lending model.
The options/futures OI ratio represents the proportion of open interest in options contracts relative to futures contracts. A higher ratio indicates a greater emphasis on options trading than futures trading.
Over the past two months, XRP has outperformed Bitcoin with BTC recording a negative return of -8.39.
Solana's price has faced significant struggles in recent weeks, particularly in its attempt to breach the key resistance of $183. The altcoin's inability to break through this level has caused a pullback, leaving it trading at around $150.
CleanSpark expanded its Bitcoin treasury by 6% in February, mining 624 BTC while maintaining its focus on a Bitcoin-only strategy despite industry diversification.
The crypto train keeps on chugging, as the United States, El Salvador, and Russia start making moves to establish their own cryptocurrency reserves. Bitcoin seems to be the hot coin to invest in right now.
Industry heat turns up: Donald Trump's crypto reserve plans get roasted a day before White House Crypto Summit.
Bitcoin recently broke below the 100-day moving average at $97K, triggering a sharp sell-off that pushed the price beneath the $80K threshold. However, a strong rebound from the 200-day MA at $80K has brought the price back toward $90K, suggesting a potential sideways consolidation phase in the short term.
Ripple's price is experiencing a recovery following its deep correction over the past month. However, key obstacles still remain in front of the price for creating a new higher high.
Michael Saylor, executive chairman of Strategy (NASDAQ:MSTR), suggested on Thursday that the United States plans to purchase 1 million Bitcoin (CRYPTO: BTC) to establish a strategic reserve, aligning with a framework outlined in the bill proposed by senator Cynthia Lummis (R-Wyo.) He was speaking in a Fox Business interview, ahead of a White House Crypto Summit scheduled for Friday, where Saylor will participate.
Méliuz, a Brazilian financial technology company, purchased Bitcoin as part of their treasury management procedure, demonstrating the growing interest in digital currencies. Méliuz's board of directors approved a significant investment on Thursday by purchasing 45.72 Bitcoins worth about $4.1 million at an average price of $90,296.11 per unit.
Bitcoin continues to attract a lot of attention recently, as there are still questions being asked about both risk appetite, and of course the idea of a wealth fund in the United States.
BTC rally past $90K once again as the rising number of new wallet hinting a potential further rally.
Crypto analyst Dark Defender has shared a bullish outlook for XRP, pointing out key resistance and support levels that could determine its next move. According to his recent post, XRP has broken the 4-hour resistance level, a key sign that it could be gearing up for a strong rally.
The dollar index is having a positive effect on BTC.
China is considering ramping up its economic stimulus measures—something that's previously pushed risk assets like bitcoin higher
Upbit retains the biggest reserve of XRP among centralized exchanges. Recently, the market operator saw XPR become its main trading pair, taking over nearly 20% of volumes.
TL;DR Solv Protocol teams up with Soneium: The partnership leverages Sony-supported Ethereum L2 to enable Bitcoin staking on a scalable DeFi network. Seamless Bitcoin staking: Users deposit Bitcoin to receive SolvBTC, a 1:1 pegged token, which can be staked for passive income using liquid staking tokens.
Hamster Network has reached a significant milestone in blockchain technology by processing 34,028 transactions per second (TPS), surpassing leading platforms such as Solana and Aptos.
Recent data indicates a significant decline in whale activity for both Dogecoin (DOGE) and Solana (SOL), suggesting reduced interest from large investors. For Dogecoin, large transactions have plummeted nearly 88% since mid-November 2024, leading to diminished liquidity and investor confidence. In contrast, Mutuum Finance (MUTM) is witnessing a rapid increase in whale interest.
Metaplanet, a Japanese firm, has significantly increased its Bitcoin holdings, acquiring an additional $43.9 million worth of Bitcoin amid ongoing market fluctuations. This purchase pushes Metaplanet's total Bitcoin holdings to 2,888 BTC, positioning the company as a major player in the corporate cryptocurrency landscape.
Solana co-founder Anatoly Yakovenko opposes Trump's idea for a U.S. crypto reserve, stating it goes against decentralization by putting it in the hands of the government.
Bitcoin (BTC 0.80%) and XRP (XRP 4.20%) are very different types of cryptocurrencies. Bitcoin, which has a market cap of $1.7 trillion, is the world's most valuable cryptocurrency.
Bitcoin (BTC) price surged to a three-day high of $92,000 on March 6, 2025, as crypto traders bought into the rally likely driven by the buzz around Friday's White House Crypto Summit. Speculation is rife that President Donald Trump may announce zero capital gains tax on US coins.
Bitcoin, after creating an illusion, falls back into uncertainty. Traders are sweating profusely, caught between vanished hope and growing fear.
Speculations are rife that Cardano will reach $25 in 2025 as Trump named it it as one of the assets to be included in U.S. crypto strategic reserve.