Robbie Mitchnick, Global Head of Digital Assets at BlackRock (NASDAQ:BLK), said a potential U.S. recession could act as a powerful driver for Bitcoin's (CRYPTO: BTC) next bull cycle, citing liquidity injections and fiscal responses as key catalysts. What Happened: Speaking with Yahoo Finance on Wednesday, Mitchnick explained that while Bitcoin has historically been perceived as "digital gold," recent price action has fallen short of this reputation.
Standard Chartered released a report on Ethereum, reducing its price estimates of $10,000 to $4,000 for ETH. It cites Layer-2 leakage, such as with the Base blockchain developed by Coinbase, which retains 80% of its fee revenue instead of enriching the Ethereum network.
Gold has surged to fresh record highs, leaving Bitcoin (BTC) trailing behind, with a growing divergence in performance between the two assets.
The Bank of Korea has stated it has not considered adding bitcoin ( BTC) to its foreign exchange reserves, emphasizing the need for extreme caution on this matter. Volatility: Crypto's Achilles Heel The South Korean central bank has stated that it has not explored adding bitcoin ( BTC) to the country's foreign exchange reserves.
Ethereum developers are discontinuing support for the Holesky testnet in September due to mass exit of validators, following disruptions during the Pectra upgrade testing.
MicroStrategy (formerly Strategy) (MSTR), the largest corporate holder of Bitcoin, has announced a $500 million perpetual preferred stock offering to bolster its BTC reserves and strengthen its balance sheet, cementing its status as the leading institutional player in the crypto market.
Cryptocurrency prices are seeing a slight recovery from Tuesday's decline with bitcoin (BTC) gaining 0.5% and the broader CoinDesk 20 Index (CD20) advancing 0.8% in the last 24 hours.
If you're patient enough, it's feasible to set and forget your investment in Bitcoin (BTC 0.87%), though it's probably a better idea to pay attention to it from time to time than it is to fully zone out.
TL;DR Dominant Backbone: Ethereum facilitates $4.1 trillion in monthly stablecoin transfers (February 2025), solidifying its role as the primary network for these assets. Key Players Driving Growth: USDC and USDT lead the charge, making up a substantial portion of the monthly volume and underpinning Ethereum's expansive stablecoin ecosystem.
BTC faces resistance at $85k, with weak demand and high leverage posing downside risks.
On-chain data shows the Ethereum MVRV Ratio has seen a notable decline recently. Here's what this could mean for the price, according to history.
Ethereum trades at $1,900 as technical indicators suggest a possible bullish breakout while large investors accumulate, despite warnings from some analysts of a potential drop to $1,060.
The bill calls for the state's Treasurer to allocate up to 10% of public funds to Bitcoin as part of a “financial innovation strategy.”
Analysts highlight a bearish outlook for Ethereum price, with potential further drops to $1,060 if the current bearish trend continues to persist.
Investors' stablecoin positioning on the Solana network and a key technical chart pattern threaten more volatility for the Solana token, which may see a decisive moment for its price action.Solana's transport layer saw “extreme” volatility in trading the Tether's USDt (USDT) stablecoin, which may indicate that traders are repositioning in search of new investment opportunities. USDT trading on Solana's transport layer saw an over 137% surge during the last week of February, after seeing a 61% plunge during the previous week, according to a report by global payments infrastructure platform Mercuryo, shared with Cointelegraph.
AI crypto bot AIXBT lost $106,200 in ETH after a hacker breached its dashboard and tricked it into making transfers.
On Mar. 17, 2025, the Bank of Korea made the first comment about the possibility of adding Bitcoin to its reserves.
Amid the back-drop of tariff wars and real wars, gold has proven to be the safe haven once again. The price rocketed to $3,040, but has just hit the top of its ascending channel, and has been rejected.
Ethereum core developers have announced plans to end support for the Holesky testnet by September 2025, marking another phase in the network's testnet transition. The post Ethereum Core Developers to Phase Out Holesky Testnet by September 2025 appeared first on Cryptonews.
PEPE is the other notable gainer from the larger-cap alts.
This happened during an appearance on Yahoo Finance's Market Domination Overtime. Mitchnick suggested that a recession could be the next “big catalyst” for Bitcoin, sending ripples through the crypto community and Wall Street alike.
Raydium's native token, RAY, soared during the early hours of the Asian session. The surge comes after the Solana-based decentralized exchange (DEX) and automated market maker (AMM) announced plans for its token launchpad, LaunchLab.
Is the Bitcoin bull market over or is a jump to $200K by December 2025 likely?
Plenty of investors know that many things that are predicted about cryptocurrencies like Ethereum (ETH 1.71%) never come to pass. But sometimes even the most widely accepted estimates fail to come true.
Yesterday, U.S. spot bitcoin ETFs saw $209 million in total daily flows, marking the third consecutive day of positive flows.
Onchain sleuth ZachXBT claimed that the leverage trader is a "cybercriminal gambling with stolen funds."
Bitcoin and the broader crypto market risk losing $170 billion by June as macroeconomic headwinds, Fed rate uncertainty, and a bearish rising wedge pattern weigh on prices.
On-chain data showed that Ethereum hosted $35 billion in USDC stablecoins and $67 billion in USDT.
At one point today, the gold spot price touched an all-time high of $3,047. Since the beginning of 2025, the gold market has grown by around 15.51%.
Bitcoin trades around $83,000 as investors await the Federal Reserve's rate decision while whale activity increases and institutional interest returns.
With the dominant cryptocurrency now playing the role of “digital gold,” Solv wants to help institutional investors squeeze out as much yield as possible from the asset. Solv Protocol Secures $10M to Bring Bitcoin Solutions to Institutional Investors The U.S.
Ethereum (ETH) has been struggling to maintain upward momentum despite repeated attempts to recover. Recent price movements show Ethereum trading at $1,936, hovering just above the critical $1,862 support.
Bitcoin futures markets experienced a major deleveraging event followed by volume recovery, potentially setting the stage for a new market phase.
Strategy has announced that it plans to raise $500 million via stock offering in order to add more Bitcoin to its holdings amid market uncertainty.
A closely followed crypto analyst says that Bitcoin (BTC) may suddenly turn bullish based on one key indicator.
Bitcoin's price has corrected by 23% from its all-time high of over $109,000, recorded on January 20, the day of President Donald Trump's inauguration.
The new Donald Trump administration wants to buy as much Bitcoin as possible, at least according to a White House official.
Minnesota's Senator Jeremy Miller noted that he was initially skeptical about digital assets, however, he has transitioned to a supportive position after proper research. The post Minnesota Senator Introduces Bitcoin Act to Boost Adoption and State Investments appeared first on Cryptonews.
Bitcoin (BTC 0.20%) boosters sometimes refer to the cryptocurrency as digital gold because of its scarcity and limited supply. But could it be worth more than all of the actual gold that's in circulation someday?
Ethereum core developers will end support for the Holesky testnet in September 2025 — preparing for its eventual deprecation.
Bitcoin's (BTC) price has historically experienced multiple bear traps. Depending on market conditions, these traps have appeared in short-term phases or larger timeframes.
The BOJ decision to hold rates steady keeps Japanese bond yields in check, limiting pressure on bitcoin's price.
Ethereum's market sentiment has turned fearful for the first time since 2022. Weak on-chain activity, ETF outflows, and a bear pennant pattern suggest ETH could drop 15% to $1,624.
Bitcoin faces strong resistance at the $84,000 mark, its 200-day SMA, while a MACD crossover on the 2-week chart suggests a potential macro trend reversal after the FOMC meeting.
Digital asset trading platform STARDEER has announced a $10 million fund to support projects in the Solana ecosystem.
On March 17, Solana's official Twitter account posted a promotional video titled "America is Back—Time to Accelerate," which quickly garnered over 1.2 million views.
A Bitcoin whale recently closed a massive short position worth $516 million, securing a profit of $9.4 million in just eight days.
On Jan. 20, Bitcoin (BTC 0.09%) hit a new all-time high of more than $109,000. At the time, many investors were expecting the pro-crypto policies of the incoming Trump administration to send the price of Bitcoin soaring even higher.