Strategy founder Michael Saylor has urged the United States government to purchase up to 25% of Bitcoin's supply over the next decade, arguing that doing so could help the nation dominate the 21st century economy.
Shiba Inu (SHIB) traded steadily on Monday, March 10, 2025, following a week of modest fluctuations. However, the token has faced a significant decline over the past month, dropping 12.96% in the past week and 19.55% over the month.
After a brief pause, Michael Saylors Strategy (STRK) is back to accumulating Bitcoin (BTC). The company announced a massive $21 billion at-the-market (ATM) offering of its Series A preferred stock early Monday during U.S. trading hours.
Anthony Scaramucci, SkyBridge Capital founder and managing partner, joins 'Squawk Box' to discuss establishment of a U.S. strategic bitcoin reserve, state of crypto and bitcoin, long-term outlook, and more.
In a bold statement, Trump revealed that “The Treasury and Commerce Departments will also explore new pathways to accumulate additional Bitcoin holdings for the reserve.” This move signals a significant shift in how the U.S. government views cryptocurrencies.
The Bitcoin market has bounced back a bit during the early hours of Monday, as the market continues to look at the risk appetite for riskier assets such as Bitcoin. Ultimately, the market is one that looks a bit lost in the short term.
European lawmakers have remained silent on the United States' Strategic Bitcoin Reserve order, a landmark policy shift favoring early adopters of Bitcoin due to its economic model.US President Donald Trump's March 7 executive order outlined a plan to create a Bitcoin reserve using cryptocurrency seized in criminal cases rather than purchasing Bitcoin (BTC) on the market. Despite the significance of this move, European policymakers have yet to make any major public statements regarding Bitcoin reserves, raising questions about their stance on integrating BTC into national reserves.
Utah's State Senate has stripped a provision for a state-backed Bitcoin reserve from its recently passed crypto bill. The Blockchain and Digital Innovation Amendments bill (HB230) aims to establish clear guidelines for crypto use within the state.
Macro strategist Raoul Pal has shared his outlook for crypto investors amid recent market volatility, emphasizing that patience and proper risk management are essential for surviving this correction. What Happened: In a podcast on March 1, Pal described the downturn as part of a normal bull market correction, driven by tightening global financial conditions.
Samson Mow, CEO of Bitcoin-focused tech firm JAN3, has shared his perspective on the growing need for the United States to bolster its Bitcoin reserves.
El Salvador bought 5 more Bitcoins on Sunday, in addition to its usual 1 BTC per day. This purchase follows a previous acquisition of 5 BTC during a market dip. With this new addition, the country's total Bitcoin holdings have reached 6,111.18 BTC, valued at approximately $504 million.
Bitcoin continues to face massive selling pressure, with its price dropping below the $84,000 mark, marking a 15% decline since the start of March. This downturn has fueled panic selling and rising fear, with many investors now speculating whether Bitcoin is entering a bear market.
There is a chance that BTC would bounce higher to collect liquidity around $87k before further losses.
MicroStrategy has announced a new $21 billion stocks for bitcoin program as it continues to suck in tradfi demand.
The cryptocurrency fell to a monthly low after markets were left unimpressed by Friday's highly anticipated White House Crypto Summit.
Weaker-than-expected U.S. jobs growth in February could prompt a dovish pivot by the Federal Reserve, analysts said.
In a bold financial move, Michael Saylor's Strategy has entered into a significant sales agreement, allowing the company to issue up to $21 billion worth of its 8.00% Series A Perpetual Strike Preferred Stock.
Michael Saylor's Strategy, the world's largest public corporate Bitcoin holder, is looking to raise up to $21 billion in fresh capital to purchase more BTC.On March 10, Strategy officially announced that it entered into a new sales agreement that would allow the firm to issue and sell shares of its 8% Series A perpetual strike preferred stock to raise funds for general corporate purposes, including potential Bitcoin (BTC) acquisitions. As part of the agreement deal, dubbed the “ATM Program,” Strategy expects to make sales “in a disciplined manner over an extended period,” taking into account the trading price and volumes of the perpetual strike preferred stock at the time of sale.
Solana has faced a sharp decline, plunging to a multi-month low amid broader market weakness. The altcoin's ongoing downtrend, exacerbated by recent technical indicators, has made a recovery uncertain.
The crypto market continues to face headwinds, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) remaining in a bear market. No good news, including the recent crypto summit, and Strategic Bitcoin Reserve (SBR) has helped the industry.
Spanish bank BBVA has said it received approval from the country's securities regulator to offer Bitcoin and Ether trading services in Spain.
In a massive development, MicroStrategy, now known as Strategy, has announced plans to raise $21 billion to buy more Bitcoin. The company intends to offer its preferred stock to raise this capital for its BTC acquisition plans.
Raising capital, acquiring Bitcoin, repeating the cycle: Strategy, formerly MicroStrategy, is back at it again. This time, the company is set to issue up to $21 billion in 8.00% Series A Perpetual Preferred Stock, a move that fits into its ongoing accumulation game plan.
A fresh round of purchases of bitcoin would bring the company's holdings above 500,000 tokens.
Since reaching an all-time high (ATH) of $109,114.88 on January 20, Bitcoin (BTC) has been on a steady decline, struggling to regain momentum amid persistent selling pressure and growing bearish dominance in the market.
This move could significantly impact Bitcoin's market dynamics and influence corporate treasury strategies globally. The post Strategy to offer $21 billion in preferred stock to expand Bitcoin holdings appeared first on Crypto Briefing.
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The service will eventually be available to all customers of the 150-year-old bank, which is among Europe's largest.
Bitcoin fell as low as $80,226 with the leading altcoins all registering significant losses.
Bitcoin pioneer cryptocurrency has been facing intense selling pressure, pushing its price to a multi-month low of $80k. This sharp decline triggered massive market liquidations, wiping out nearly $650 million in the past 24 hours.
Futures have emerged as a growing crypto trend, with major global groups, such as SGX and Japan's Osaka Dojima, reportedly looking to introduce Bitcoin futures in 2025.
Bitcoin Magazine's CEO suggests the U.S. DOJ might be selling Bitcoin seized from Silk Road, potentially impacting the market, though others cite broader economic factors influencing Bitcoin's price. The post U.S. DOJ May Be Selling Silk Road Bitcoin Holdings, Bitcoin Magazine CEO Suggests appeared first on Cryptonews.
Singapore-based exchange conglomerate is planning to launch open-ended Bitcoin future contracts in the second half of 2025.
TL;DR Bitcoin dropped to $80K amid significant market volatility, though it briefly recovered to about $82K. February marked the largest monthly loss since June 2022, with a 17.5% dip impacting Bitcoin along with other cryptocurrencies like Ether and Dogecoin.
El Salvador purchased 6 BTC in a single day, defying IMF calls to halt its Bitcoin strategy and boosting its reserves to 6,111 BTC.
A bill aimed at shaping Utah's approach to digital assets has cleared the state Senate, though a major provision allowing the state to hold Bitcoin BTC was removed before final approval.
Michael Saylor's Strategy holds almost 500,000 Bitcoin worth over $41 billion at current market prices.
Michael Saylor's Strategy holds almost 500,000 Bitcoin worth over $41 billion at current market prices.
The Singapore Exchange (SGX) marked a monumental stride on Monday, revealing plans to list open-ended Bitcoin futures contracts shortly ahead. This mover gained significant traction amid global pro-crypto developments, such as Trump's push for a strategic Bitcoin reserve and crypto stockpile.
Bitcoin mining company Bitdeer has just announced the successful testing of its latest Bitcoin mining chip, SEAL03, following tape-out. The post Bitdeer Completes Testing of Latest SEAL03 Bitcoin Mining Chip appeared first on Cryptonews.
Utah's Bitcoin reserve bill was amended to exclude plans to allow state treasurer to make BTC investments.
Japan's 20-year government bond yield has surged to its highest level since 2008, triggering concerns that risk assets like bitcoin could face renewed selling pressure. The yield rose to 2.265% last week amid growing speculation that the Bank of Japan (BOJ) may raise interest rates to combat inflation and manage its large public debt burden.
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Bitcoin advocate Samson Mow has once again shared a bold prediction about the world's largest cryptocurrency. The Jan3 CEO now believes that Bitcoin could reach $1 million much sooner than his previous forecast of 2031.
The crypto market cap continued to decline over the weekend as major cryptocurrencies extended their losses after investors were disappointed by Donald Trump's strategic Bitcoin reserve. A wave of uncertainty caused by new US trade tariffs also impacted investor sentiment.
Financial author Robert Kiyosaki warns of a market crash threatening baby boomer retirements and urges investors to choose physical gold, silver, and Bitcoin over ETFs and traditional investments.
Old-school commodities trader Peter L. Brandt, who has been in the business since the middle 1970s, has published a tweet where he showed two bearish patterns he spotted on a Bitcoin chart.
President Donald Trump's highly anticipated crypto reserve announcement and the White House Crypto Summit have fallen flat, failing to ignite a crypto market rally. The global crypto space is currently navigating a bearish period with the total market cap slipping to $2.73 trillion, down by 3.09%.