A portion of the funds (193 BTC or $16 million) passed through the Wasabi mixer before reaching various peer-to-peer vendors.
After the recent Federal Open Market Committee meeting, the US Federal Reserve, yesterday, announced its plan to keep its federal funds rate unchanged at 4.25%-4.5%. Every FOMC meeting influences Bitcoin prices, sometimes causing major swings. In the last 24 hours, the price of BTC has seen a rise of 3.1%.
Expectedly, XRP is the top performer today from the larger-cap alts.
U.S. President Donald Trump will deliver remarks at the Digital Asset Summit in New York on Thursday, days after White House signaled interest in stockpiling Bitcoin.
Bitcoin is making a strong comeback, jumping to $86k after the latest Federal Open Market Committee (FOMC) meeting. But according to former BitMEX CEO Arthur Hayes, this is just the beginning. He predicts the Federal Reserve will cut interest rates on April 1, which could trigger a massive Bitcoin rally.
Arthur Hayes believes Bitcoin has bottomed, and the Federal Reserve's easing of quantitative tightening will likely be a key factor supporting risk assets.
Ripple's SEC victory sets a new precedent as Trump backs Bitcoin's national strategy. Will Bitcoin break $90K amid regulatory clarity? Read the full analysis. The post Ripple's $125M Appeal & Trump's Bitcoin Move: Will BTC Hit $90K Next? appeared first on Cryptonews.
XRP price bounced by more than 15% yesterday after CEO Brad Garlinghouse confirmed that the SEC will dismiss its appeal in the Ripple case. The end of this lawsuit has caused positive sentiment towards XRP, with traders anticipating rising adoption from banks and pro-crypto financial institutions like MicroStrategy.
A prominent crypto analyst said that Bitcoin went through a significant event over the past few months as the coin's open interest plummeted by nearly 20%, wiping out around $12 billion.
The Federal Reserve kept interest rates unchanged on Wednesday, holding the benchmark rate between 4.25% and 4.50%.
Crypto strategist Michaël van de Poppe says Bitcoin (BTC) may take off on a series of rallies if it can break through a key resistance level in the coming days.
Bitcoin has rebounded from its $77,000 low to $86,000 as the Federal Reserve slows its quantitative tightening program, potentially setting the stage for future gains.
Bitcoin has been in a downtrend since mid-January, with attempts to break this cycle met with market resistance.
Will Ethereum regain its lost dominance against Bitcoin? The match is on!
Bitcoin (BTC 3.23%) now trades at about around $82,000, but under the right conditions, it could fly to $200,000 or more, if given enough time.
In the latest XRP news update, legal expert Bill Morgan highlighted the Ripple coin's rally amid CEO Brad Garlinghouse's crucial statement. The Ripple CEO recently stated that the US Securities and Exchange Commission (SEC) will drop its appeal in the Ripple Vs SEC case.
In what some would consider an unexpected move, Brad Garlinghouse, CEO of digital asset firm Ripple Labs and majority holder of the XRP cryptocurrency, cleared the air about his position on bitcoin ( BTC). “I first bought bitcoin in 2012 coming out of an event when I was first introduced to it,” Garlinghouse explained.
Bitcoin (BTC) has surged nearly 4% in the past 24 hours amid the ongoing volatility. As the price retests the $85,000 resistance, some analysts suggest a jump to $90,000 could be around the corner.
Heading into 2025, many top cryptocurrencies were soaring in value -- and for good reason. The incoming Trump administration positioned itself as the most pro-crypto administration in history.
If Bitcoin manages to sustain above the key Fibonacci levels, a push toward $90,000 and beyond could be imminent.
XRP jumped as high as 12% before paring gains, as closely-related Ripple Labs ended its long-standing battle with the U.S. Securities and Exchange Commission (SEC), stating Wednesday that the case had “come to an end.”
The Federal Open Market Committee's (FOMC) decision to keep interest rates unchanged at its March 19 meeting has had a positive effect on crypto markets. Bitcoin (BTC) surged by 3% in the last 24 hours, while Ethereum (ETH) and XRP recorded gains of 3.9% and 7% in the same period, respectively.
The US Dollar Index (DXY) fell following the latest Federal Open Market Committee (FOMC) meeting. This turnout triggered discussions about its implications for Bitcoin (BTC) and broader liquidity conditions.
Bitcoin (BTC) rose 5.01% on Wednesday, setting up the daily high at $86,990, ending weeks of consolidation. However, futures data for BTC and liquidation heatmap models suggest this uptrend could come undone soon.
The Fed retained forecast for two rate cuts Wednesday, with Powell calling the inflationary impact of Trump's tariffs transitory.
Bitcoin (BTC) spiked to two-week highs on March 20 amid rumors that the US government was preparing a “major update” to its crypto policy. BTC/USD 4-hour chart.
The co-founders of the crypto analytics platform Glassnode believe that for Bitcoin (BTC) to enter a strong uptrend, key metrics need to align.
Bitcoin is unlikely to revisit the $77,000 price level anytime soon after the Fed signaled a slowdown in quantitative tightening (QT), says BitMEX co-founder Arthur Hayes.On March 10, Bitcoin (BTC) dipped near the $77,000 level for the first time since November, according to CoinMarketCap data. “Was BTC $77k the bottom, prob,” Hayes said in a March 20 X post after declaring that QT is “basically over” following the Fed's March 19 announcement that starting in April, it will slow its securities sell-off by reducing the monthly Treasury cap from $25 billion to $5 billion.
Bitcoin jumped nearly 8% to $87,470 after the Federal Reserve's latest policy decision. Here are five key takeaways on how the Fed's stance may impact BTC's price and institutional demand.
Elections are on the horizon in Canada, and they could be important for everyone!
The cryptocurrency market was in the green on Thursday as investors cheered the Federal Reserve's comments at its latest policy meeting. The crypto market surged on Wednesday after the Federal Reserve kept interest rates unchanged at 4.25% to 4.50%, with projections still pointing to two 50-basis-point cuts in 2025.
Bitcoin price has surged 3.5% following Wednesday's FOMC meeting as the US Federal Reserve keeps rates unchanged at 4.5%. However, Arthur Hayes predicts that the Fed rate cuts would likely resume from April 1, which could bode well for BTC and the overall crypto market, moving ahead.
In an interview with Yahoo Finance, Robbie Mitchnick—Global Head of Digital Assets at BlackRock—addressed Bitcoin's recent stagnation and shared why he believes institutional demand may be stronger than its price implies.
BlackRock's head of digital assets, Robbie Mitchnick, says that Bitcoin will most likely thrive in a recessionary macro environment, contrary to what some analysts may think. “I don't know if we'll have a recession or not, but a recession would be a big catalyst for Bitcoin,” Mitchnick said in a March 19 interview with Yahoo Finance.
Bitcoin has rallied as the Fed eases balance sheet reduction, fueling risk appetite amid shifting global liquidity conditions.
Xapo Bank announced a new loan service that lets customers use their Bitcoin as collateral, marking another step in cryptocurrency's move toward mainstream financial services. The service allows qualified members to borrow up to $1 million against their Bitcoin holdings, though UK and Australian clients are excluded.
On-chain data shows the Bitcoin transaction count has plunged to the lowest level since October 2023. Here's what this could mean for BTC's price.
Bitcoin reached an intraday high of $87,470 at 8 p.m. ET on Wednesday, March 19, 2025, amid heightened market optimism driven by political, regulatory, and macroeconomic factors. Bitcoin Bulls Return The leading cryptocurrency briefly touched the milestone during a volatile trading session, with real-time data showing bitcoin hovering around $87,357 at 8:08 p.m.
XRP jumps after the SEC's appeal withdrawal, but legal uncertainty remains. Will Ripple pursue a cross-appeal, or is a settlement the next step?
A Czech National Bank board member has raised doubts on bitcoin as a reserve asset, citing legal uncertainty and volatility risks, even as it explores new asset classes.
Michael Saylor, a well-known Bitcoin advocate, recently made headlines at the Crypto Summit with a bold proposal: the United States should acquire between 5% and 25% of the total Bitcoin supply. This idea has sparked heated debates within both the crypto and traditional finance sectors.
Bitcoin (BTC) is back in the green, and MicroStrategy cofounder Michael Saylor has once again made waves with a bold statement. In a two-word tweet, Try BTC, Saylor shared a chart showing the U.S. dollar strengthening against the Turkish lira, reinforcing Bitcoins role as a hedge against currency devaluation.
Bitcoin (BTC) saw a sudden price surge today, climbing 1.5% to reclaim the $84,000 level. The timing is noteworthy, as this rally coincides with FOMC day, fueling optimism among traders.
The U.S. Federal Reserve kept its benchmark interest rate unchanged at 4.25%-4.50% on Wednesday, marking the second consecutive pause after three rate cuts in late 2024. However, the Feds latest projections signal weaker economic growth, with 2025 GDP now expected to rise just 1.7%, down from the previous 2.1% forecast.
In March, Bitcoin's on-chain flow was heavily dominated by large value bands, with transactions sized at 10 BTC or more typically making up 85% to 90% of the total daily volume. This skew indicates that large holders and institutional entities were the primary contributors to the on-chain movement.
Does this indicate weak institutional demand, or is the market misreading Solana's long-term potential?
President Donald Trump will address Blockworks' Digital Asset Summit (DAS) in New York City on March 20. This marks the first time a sitting U.S. president has spoken at a Bitcoin and cryptocurrency conference.