Rumble purchased 188 Bitcoin for $17.1 million as part of its strategy to allocate up to $20 million to cryptocurrency while receiving backing from Tether.
Michael Saylor, a vocal Bitcoin evangelist, has published a tweet, addressing the millions of his X followers.
Bitcoin mining difficulty continues to rise despite market correction, with miners holding reserves while whale selling decreases.
With 21Shares reducing fees and listing ABBA on Xetra, investors now have an even more compelling entry point into Bitcoin and Ethereum.
Bitcoin's price was up 3% after constant drawdowns since the end of January. The top cryptocurrency managed to rebound above $80,000 after a brief decline below the range on March 11.
With Bitcoin (BTC 1.00%) currently priced at about $82,000, down from its high of more than $109,000 in January, investors are doubtlessly looking for some good news that might help them to believe that their holdings will be worth more in the future than they're worth right now.
Bitcoin is currently at $83,000, having been as low as $76,800 on Tuesday. Is the bottom in?
Bitcoin dominance surged to 62% today. Crypto trading volume declined 15% and market cap surged only 1.77% in the last 24 hours.
Spot Bitcoin exchange-traded funds in the US finally broke their billion-dollar outflows with mild gains while the Ethereum ETFs continue their outflow streak.
A widely followed analyst is leaning bullish on Bitcoin (BTC) despite the crypto king hovering more than 20% below the all-time high reached in January.
Bitcoin's price fluctuates between $85,000 and $92,000 as market volatility increases due to macroeconomic changes and strategic initiatives, according to Bitfinex Alpha.
Despite the weakened sentiment, Bitcoin's MVRV ratio hints at a potential recovery after significant investor position reductions.
Bitcoin price has recorded a surge of nearly 1% today but experts remain cautious about the future trajectory of the coin. Citing technical charts and historical trends, a popular market analyst said that BTC might crash to $46,000 if it drops below a key support level ahead.
Bitcoin surged past $84,000 on Wednesday after new inflation data showed consumer prices rose less than expected in February, easing fears of aggressive Federal Reserve rate hikes.
LBank, a global crypto exchange recognized for its high liquidity and customer-focused programs, has set up a $100 million Futures Risk Protection Fund. This plan aims to guard traders from extreme market swings giving them a more steady and safe trading experience.
Bitcoin hovers at $83.5K as Rumble invests $17M in BTC, Texas proposes a $250M crypto fund, and ETF outflows weigh on prices. Will BTC break $85K soon? The post Bitcoin Hits $83.5K as Texas Eyes $250M BTC Fund—What's Next for Crypto? appeared first on Cryptonews.
Bitcoin is beginning to show signs of a potential reversal after experiencing a prolonged bearish trend. Although the cryptocurrency remains below $85,000, it has recorded a 2.6% increase, with its price currently at $83,510.
Altcoins can offer greater short-term trading opportunities, albeit at a higher risk.
The creation of the US Strategic Bitcoin Reserve has ignited a wave of legislative and regulatory action across the nation. States like Massachusetts and Nebraska are exploring new measures to regulate and protect cryptocurrency users.
Tokyo-based investment firm Metaplanet has doubled down on its aggressive Bitcoin accumulation strategy amid the crypto market bearishness, emulating the moves of Michael Saylor's Strategy.
On March 12, Bitcoin spot ETFs experienced a net inflow of $13.33 million, marking a significant rebound after seven consecutive days of outflows. The post Bitcoin Spot ETFs See $13.3 Million Inflow, Ending Seven-Day Outflow Streak appeared first on Cryptonews.
Bitcoin's price has been struggling to maintain upward momentum, remaining below $85,000 and facing continued selling pressure. While the broader market still exhibits macro bullish patterns, the short-term outlook for Bitcoin remains bearish.
A widely followed crypto analyst says that one metric suggests Bitcoin (BTC) is gearing up for a massive breakout.
Despite Bitcoin's market correction, the asset remains strong while many altcoins have sunk back to bear market depths.
XRP, Dogecoin, Bitcoin News: XRP Short Bias Lingers Amid Ripple Legal Hopes, DOGE Nears Death Cross as BTC Dominance Hits 4-Year high
The crypto market today has gotten some relief, as the U.S. CPI data went down from 0.3% in January to 0.2% in February. Considering numbers on a yearly basis, inflation has dropped from 3.0% to 2.8%, which is against the prediction of 2.9%.
Bitcoin (BTC) recorded slight gains as the Consumer Price Index (CPI) inflation rate for February came in lower than expected. The softer inflation reading fuelled hopes of interest rate cuts by the US Federal Reserve (Fed), potentially benefiting risk-on assets.
Ethereum's native token, Ether (ETH), has dropped to its multi-year lows against Bitcoin (BTC), prompting analysts to predict further declines in the coming weeks.Falling knife warning furthers sell-off risks On March 13, ETH/BTC—a pair that tracks Ether's strength against Bitcoin—dropped by over 1.50% to reach $0.022, its lowest level since May 2020. ETH's descent is part of its multi-year downtrend that started when it established a record high of $0.156 in June 2017.
Bitcoin remains under pressure as bearish momentum intensifies, with the cryptocurrency struggling to hold the critical $75,000 support level. Increased volatility has raised concerns about a potential breakdown, making recovery efforts more challenging.
Economist and market commentator Peter Schiff warned on Wednesday that Americans would bear the brunt of the impact should the Bitcoin (CRYPTO: BTC) “bubble” burst. What Happened: During his podcast, Schiff disputed the notion that the U.S. establishing a Strategic Bitcoin Reserve would spark a global race to acquire BTC.
Bitcoin has seen a sharp decline over the past few days, dropping below $80,000 again very briefly in the past 24 hours.
Bitcoin (BTC) price led the wider crypto market in a mild rebound in the past 24 hours, following the U.S. CPI report that dropped to 2.8 percent below expectations of 2.9 percent.
According to Glassnode, Bitcoin (BTC) is experiencing a prolonged distribution phase. Furthermore, both market momentum and capital flows have shifted into negative territory, suggesting a decrease in demand.
Bitcoin has continued its downward trajectory when observed over weekly and monthly timeframes, recording an 8.4% decline in the past week and a 16.2% drop over the past month. However, in the shorter time frame, signs of potential reversal are emerging.
The crypto market today (March 13) has continued to keep investors hopeful, preventing a downtrend amid macro relief. With cooler U.S. CPI data released recently, risk assets have witnessed a positive market sentiment.
Video-sharing platform Rumble has invested $17m in Bitcoin, positioning the move as a hedge against inflation and currency dilution. The post Rumble's Bitcoin Bet Grows with $17M Purchase appeared first on Cryptonews.
Robert Kiyosaki, author of Rich Dad Poor Dad, claims the “biggest crash in history” is upon us, suggesting the current market crash will be worse than the 1929 market collapse, ending what he calls the “everything bubble”, and ushering in a new era of financial hardship.
On-chain data shows that Bitcoin short-term holders have been selling at a notable loss recently, something that has led to bottoms in the past. Bitcoin Short-Term Holders See SOPR Plunge Under 1.
JPMorgan Chase CEO Jamie Dimon is well-known in cryptocurrency circles for his fierce criticism of Bitcoin (CRYPTO: BTC), even going so far as to dub the leading coin a "fraud." What Happened: From announcing that he would “fire in a second” any JPMorgan trader seen trading in Bitcoin to questioning the asset's supply limit of 21 million, Dimon's views don't seem to have evolved.
The latest U.S. inflation data came in lower than expected, but Bitcoin struggled to maintain gains as trade war concerns weighed on sentiment. According to the economic latest data released on Mar. 12, February's Consumer Price Index rose 2.
Ethereum's value against Bitcoin has hit its lowest level since mid-2020, with a crypto trader suggesting that it might be time to shift into higher-performing altcoins.“If still stuck on ETH, it is likely a good time to dump it to buy a higher beta altcoin,” economist and crypto trader Alex Kruger said in a March 12 X post.
Japanese investment firm Metaplanet has added more Bitcoin to its portfolio, bringing its total holdings past 3,000 BTC. The company recently acquired 162 BTC at an average price of ¥12.39 million ($83,635) per Bitcoin.
Bitcoin price started a recovery wave above the $80,000 zone. BTC is now rising and might aim for a move above the $84,000 and $85,000 levels.
The market is grossly underestimating the U.S. Strategic Bitcoin Reserve's impact, an expert says, as it pressures institutions, nations, and wealth managers to adapt—or be left behind.
Jurrien Timmer, director of global macro at Fidelity Investments, believes Bitcoins key support level to watch is $70,000. He suggests that the recent correction may be a setup for the next rally, with Bitcoin now returning to a more grounded valuation.
Mt. Gox has once again made headlines with a massive Bitcoin transfer. On March 12, blockchain tracking platform Lookonchain reported that the defunct exchange moved 11,834 BTC, worth approximately $931.19 million.
The U.S. is pushing to establish a Strategic Bitcoin Reserve, with the BITCOIN Act of 2025 in the House and a Senate companion bill, aiming to acquire 1 million bitcoin in five years without taxpayer burden.