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news-imageMarch 17, 2025

Bitcoin 'bullish cross' with 50%-plus average returns flashes again

Bitcoin's (BTC) stochastic RSI has printed a bullish cross with a history of preceding sharp price rebounds. Stochastic RSI tracks momentum based on price movements relative to their range over a given period.
Publisher: Cointelegraph
Sentiment: Positive
BTC

More News Articles

Negative
cover-imageBenzinga
March 17, 2025

Bitcoin ETFs See Record $5.5 Billion In Outflows In 5 Weeks As Tariff Turbulence Looms

U.S.-listed Bitcoin (CRYPTO: BTC) exchange-traded funds are grappling with their most prolonged stretch of net outflows since their debut in January last year, as investors react to market volatility spurred by President Donald Trump's tariff-driven trade policies. What Happened: Over the past five weeks, the group of 12 Bitcoin ETFs has collectively shed more than $5.5 billion, according to data compiled by Bloomberg.

Positive
cover-imageBenzinga
March 17, 2025

Strategy Purchases 130 More Bitcoin, Now Holds Over 499,000 BTC

Strategy (NASDAQ:MSTR) has added 130 more Bitcoin (CRYPTO: BTC) to its already massive digital asset reserves, bringing its total BTC holdings to 499,226. What Happened: According to an SEC filing, the purchase, completed between March 10 and Marc 16, cost the company approximately $10.7 million, at an average price of just under $83,000 per Bitcoin.

Positive
cover-imageCrypto Economy
March 17, 2025

Michael Saylor: Large Tech Firms May Soon Support Bitcoin Holdings

TL;DR Michael Saylor suggested that major tech companies might integrate Bitcoin into mobile devices, although there is no official confirmation. Bitcoin adoption on smartphones would enhance accessibility and could transform financial and regulatory markets. If this integration materializes, millions of users could manage BTC without relying on external applications.

Positive
cover-imageBenzinga
March 17, 2025

Bitcoin, Altcoin Outlook Remains Positive, Says Defiant Trader Who's 45% Down On His Investments

Despite the current market uncertainty, prominent crypto trader Michaël van de Poppe remains highly optimistic about Bitcoin (CRYPTO: BTC) and altcoins. What Happened: Van de Poppe argued on X on Monday that while sentiment feels low, market bottoms present the best buying opportunities, adding that this bull cycle is more complex than previous ones.

Positive
cover-imageCryptonews
March 17, 2025

Brazil Introduces Legislation to Allow Partial Salary Payments in Bitcoin

Brazil has taken a significant step in integrating cryptocurrency into its financial system.On March 12, 2025, Federal Deputy Luiz Phillipe de Orleans e Bragança introduced legislation that permits partial salary payments in Bitcoin (BTC). JUST IN: 🇧🇷 Brazil bill seeks to legalise the use of Bitcoin to pay salaries and benefits. pic.twitter.

Negative
cover-imageBitcoin Magazine
March 17, 2025

South Korea Dismisses Establishing Strategic Bitcoin Reserve

Bitcoin Magazine South Korea Dismisses Establishing Strategic Bitcoin Reserve The Bank of Korea (BOK) has dismissed the possibility of establishing a strategic bitcoin reserve, citing concerns over price volatility and risks. This comes despite ongoing global discussions about using bitcoin as part of foreign exchange reserves following the United States plans to create a reserve.

Positive
cover-imageCointelegraph
March 17, 2025

Michael Saylor's Strategy makes smallest Bitcoin purchase on record

Michael Saylor's Strategy, the world's largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase on record.Strategy on March 17 officially announced its latest 130 Bitcoin (BTC) acquisition, bought for around $10.7 million in cash, or at an average price of roughly $82,981 per BTC. The latest Bitcoin purchase was made using proceeds from the “STRK ATM,” a new Strategy's program looking to raise up to $21 billion in fresh capital to acquire more BTC.

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