Defunct crypto exchange Mt. Gox moved almost a billion worth of Bitcoin, the second large BTC transfer in a week, as Bitcoin's price fell to a four-month low on March 11.Of the 11,833 Bitcoin (BTC) moved, 11,501 ($905.1 million) were sent into a new wallet, while the remaining 332 Bitcoin ($26.1 million) were transferred to a warm wallet, according to blockchain analytics firm Lookonchain, citing Arkham Intelligence data.

Michael Saylor, co-founder and chairman of Strategy (formerly Microstrategy), is intensifying efforts to acquire Bitcoin (BTC) by tapping into capital markets, announcing plans to issue up to $21 billion in preferred stock. Strategy Plans Major Sale Of Preferred Shares According to Bloomberg, the new offering will consist of 8% series A perpetual-strike preferred shares, which are convertible into class A common stock.

Ethereum price failed to clear the $2,120 resistance and trimmed gains. ETH is now consolidating and facing hurdles near the $2,000 resistance.

Bitcoin price started a fresh decline from the $90,000 zone. BTC is back below $82,500 and might continue to move down below $78,000.

SOL is testing key support levels amid declining futures sentiment.

According to an X post by crypto trader Merlijn The Trader, Bitcoin (BTC) is following the ‘megaphone pattern', positioning the top cryptocurrency for potential upside momentum. However, BTC must stay above the $72,000 price level for the pattern to play out.

Mt. Gox, the defunct crypto exchange, has transferred 11,833.6 Bitcoin, worth approximately $931 million, to new addresses, sparking fears of potential sell-offs. According to on-chain data from Arkham Intelligence, the Bitcoin transfers, which took place on Mar. 11, saw 11,501.

The crypto market continued its decline this week, with its market cap dropping to $2.44 trillion on Tuesday, the lowest since early November. This price drop triggered over $937 million in liquidations within 24 hours. Meanwhile, concerns grew as the defunct Mt. Gox exchange moved 11,833 BTC, worth $932 million. Mt.

Singapore Exchange Ltd. (SGX) plans to introduce Bitcoin (BTC) perpetual futures in the second half of 2025, marking a major step into the crypto derivatives market.

The Utah Senate has passed a Bitcoin bill, advancing the states stance on cryptocurrency rights while omitting provisions for a state-run Bitcoin reserve. Initially expected to authorize the state treasurer to invest in Bitcoin (BTC), the bill instead focuses on protecting residents digital asset rights.

The ongoing cryptocurrency sell-off has spilled into equity markets, dragging down crypto-related stocks in pre-market trading Monday. MicroStrategy (MSTR) and Coinbase (COIN) both plunged over 5%, while bitcoin miners Marathon Digital (MARA), Riot Platforms (RIOT), Core Scientific (CORZ), and CleanSpark (CLSK) saw declines of at least 2.5%.

Ethereum saw a sharp decline on Monday, dropping 10.2% to $1,832.33 by 15:01 (19:01 GMT) on the Investing.com Index, marking its steepest one-day loss since March 3. This downturn slashed Ethereums market cap to $223.14 billion, accounting for 11.71% of the total cryptocurrency market.

Changpeng Zhao (CZ), former Binance CEO, has weighed in on the latest cryptocurrency market crash, assuring that major coins should mostly do alright. As Bitcoin plunged to $77,527, marking its lowest point since November, Zhao noted that long-term holders have endured similar downturns before.

American investor Anthony Scaramucci has doubled down on his belief in a U.S. Strategic Bitcoin Reserve, emphasizing that its not about boosting Bitcoin but rather benefiting the nation. Taking to X (formerly Twitter), he argued that Bitcoin should be seen as a long-term strategic asset, likening the reserve to a modern-day Fort Knox.

Cathie Wood, CEO of ARK Invest, argues financial markets are underestimating the conclusion of a multiyear “rolling recession,” positing that fiscal reforms and technological innovation may spark a deflationary economic surge in late 2025.

White House Crypto Summit Will Feature Many Important Industry Figures

While institutional dip-buying potentially triggers short squeezes, high liquidation risks persist.

Senior figures in the South Korean Democratic Party (DP), the largest party in the National Assembly, have floated plans to “include Bitcoin” in a portfolio of strategic reserves. The post S Korean Democratic Party Teases Strategic Bitcoin Reserve Plans as Election Looms appeared first on Cryptonews.

For seven weeks in a row, Bitcoin price has experienced several retracements, falling from its peak of $109,000 in January to a Mar. 11 low of around $77,000.

On Monday, economist Peter Schiff questioned the U.S. government's decision to hold Bitcoin (CRYPTO: BTC) as a reserve asset amid the apex cryptocurrency's ongoing slump. What Happened: Schiff took to X to point out that Bitcoin's market value has plunged 30% from its January record high, dropping below $77,000.

Solana (SOL) is coming under heavy sell pressure right now, already down more than 60% from its January highs near $300. The post Solana Crashes 60% in 2025 – Could SOL Collapse to $30 Again? appeared first on Cryptonews.

Mt. Gox pushed back its repayment deadline to October 2025 and still holds $2.8 billion worth of bitcoin, according to Arkham.

Bitcoin's latest drop “looks, smells and feels 100% just like 2017,” a crypto executive says, citing rising liquidity, policy shifts and economic turmoil.

Bitcoin has continued its downward trend despite briefly surging to $94,000 last week, a move that had initially fueled investor optimism. Since hitting that level, the cryptocurrency has steadily declined, now trading below $80,000 as of today.

Utah's State Senate has exited the Strategic Bitcoin Reserve (SBR) race after amending the proposed bill allowing the state treasury to invest in digital assets. The amended legislation is now headed to Utah Governor Spencer Cox's desk to be signed into law.

Bitcoin has officially dropped below $77,000 for the first time since November 10th, sinking to $76,822 before rebounding a bit to around $79,000 at press time. That's a 30% decline from its all-time high of $110,000, and the sell-off isn't just hitting crypto—stocks are also in freefall.

Bitcoin fell below $77,000 at one stage tonight, while the U.S. stock market experienced its worst day of the year.

With Hong Kong and Japan making moves, will South Korea seize its crypto moment?

Bitcoin (BTC) experienced a volatile trading day on March 10, 2025, hitting a low of $76,600 before recovering slightly.

Stocks and crypto fell ahead of inflation data and Fed signals despite Trump moving to ease crypto banking restrictions.

The transfer of Bitcoin by Mt. Gox could influence market volatility and investor sentiment amid ongoing price fluctuations and regulatory concerns.

Bitcoin (BTC) has dropped 11.3% over the past week, currently trading in the low $80,000 range at the time of writing. The recent decline has pushed the leading cryptocurrency below the 200-day moving average (MA), raising concerns about a potential deeper pullback.

The depreciation in the price of Bitcoin (BTC) below $80,000 has triggered investor concerns. Market analysts believe certain economic factors could trigger a strong rebound amid these concerns.

XRP tumbles toward $2 amid US recession fears and Trump's Bitcoin reserve plan. Can the SEC's upcoming appeal strategy shift market sentiment?

Anthony Scaramucci, founder and managing partner of Skybridge Capital, reaffirmed his belief in bitcoin as a valuable long-term strategic asset during an interview on CNBC. Skybridge's Scaramucci: U.S. Must Embrace Bitcoin to Stay Competitive Speaking about the evolving role of digital assets, Anthony Scaramucci was pleased that the U.S.

In a 2018 speech, former Bank of England chief Mark Carney cast doubt on Bitcoin's utility by critiquing its fixed design and potential economic effects. His observations, resurfacing amid shifting Canadian political landscapes, provided a retrospective look at cryptocurrency's role in fiscal policy. The post Canada's Newly Elected PM Mark Carney's Past Bitcoin Criticisms Unearthed appeared first on Cryptonews.

CrediBULL Crypto dismisses fears of Bitcoin's stock market correlation, advising investors to focus on technical levels for long-term gains.

Bitcoin saw a drop in trading volume across both the spot and futures markets over the past five days. The decline, which followed a sharp drop in Bitcoin's price after a week of extreme volatility, was likely driven by a combination of disappointing political developments, macroeconomic tensions, and weekend trading patterns.

The total amount of transaction fees generated on the Solana network last week stood at just 53,800 SOL.

Whales accumulate ETH in tandem, hinting at a potential rebound or deeper correction.

Coinbase plans to launch 24/7 Bitcoin and Ethereum futures trading via its CFTC-regulated derivatives exchange, aiming to align U.S. markets with global crypto trading norms and enhance risk management for traders. The post Coinbase to Launch 24/7 Bitcoin and Ethereum Futures via CFTC-Regulated Exchange appeared first on Cryptonews.

World Liberty Financial consolidated its holdings, but also suffered losses on paper based on its Ethereum (ETH) holdings.

The proposed fund will track the price of the native MOVE token of Movement, an Ethereum layer-2 scaling network.

The price of Bitcoin (BTC) has dropped below $80,000, which has triggered concerns among investors about the future of the crypto market. However, ARK Invest CEO Cathie Wood remains optimistic despite the price correction.

Top US crypto exchange platform Coinbase is launching around-the-clock futures contracts in America for Bitcoin (BTC) and Ethereum (ETH). In a new blog post, Coinbase says that its derivatives arm is launching the first 24/7 futures trading of the top two digital assets for US customers in the coming weeks.

Data shows the sentiment among the Bitcoin traders has deteriorated into extreme fear as BTC has plunged to start the new week.

Michael Saylor's Strategy is issuing $21 billion in preferred stock to expand its Bitcoin reserves. This strategic move aligns with broader corporate shifts in digital asset financing amid regulatory uncertainties. The post Michael Saylor's Strategy to Sell $21 Billion In Preferred Stock appeared first on Cryptonews.

Bitcoin (BTC-USD) prices have been pummeled this year, down about 15% in 2025. Exodus Co-Founder and CEO JP Richardson says broader macroeconomic concerns along with policy uncertainty are weighing on the cryptocurrency.