XRP eyes $3.55 as White House Crypto Summit nears—SEC appeal decision and crypto reserve plans in focus.

Until Sunday's social-media announcement from President Donald Trump about the planned strategic cryptocurrency reserve, Bitcoin (BTC 4.74%) wasn't doing so well, falling by 17% in the prior month. Now, it's almost entirely recovered.

Data shows the Bitcoin trader sentiment has plunged back into the extreme fear zone as the asset's price has erased its recent gains.

El Salvador purchased five Bitcoins today, and President Bukele claimed that the country doesn't plan to stop in the future. However, the government signed an agreement with the IMF mandating that the public sector can no longer voluntarily purchase BTC.

Bitcoin has encountered significant volatility, with market factors and geopolitical events making it difficult to predict where its price might settle, according to Standard Chartered head of digital assets Geoffrey Kendrick Kendrick highlighted that the recent sharp decline in Nasdaq futures and Bitcoin prices may signal a bottoming out, but geopolitical uncertainty continues to apply

Bitcoin, the world's largest cryptocurrency, has recently experienced significant price fluctuations, raising questions about its valuation. Jurrien Timmer, the Director of Global Macro at Fidelity Investments, has weighed in on the matter, stating that Bitcoin is no longer overpriced after its latest correction.

MARA and other bitcoin mining companies have faced increasing headwinds as mining difficulty has increased and BTC's price has fallen.

The investment bank notes that the market cap of high-profile U.S. miners has dropped with the price of Bitcoin.

BTC exchange flows offer a glimpse into investor sentiment and potential market moves.

Bitcoin developer Blockstream has received an investment worth billions of dollars to launch three institutional-grade Bitcoin investment solutions, the company has confirmed. Two of the funds will enable lending.

According to a Bloomberg report published on March 4, Mexican billionaire Ricardo Salinas has up to 70% exposure to Bitcoin (BTC) and related investments. The Bloomberg Billionaires Index estimates Salinas' current net worth at approximately $5.8 billion.

South Korean regulators could follow their Japanese counterparts should the latter grant approval to Bitcoin ETF applications, a new report has claimed. The post South Korean Regulators May Follow Tokyo's Lead on Bitcoin ETF Approval – Report appeared first on Cryptonews.

Hut 8 Corp. has reported $80.7 million in crypto-related revenue for 2024, driven by bitcoin mining and GPU-as-a-service operations. The company expanded its bitcoin reserve to 10,171 BTC and secured a $125 million partnership with Bitmain. Hut 8 Expands Bitcoin Mining and Digital Infrastructure with $125M Bitmain Deal Hut 8 Corp.

El Salvador President Nayib Bukele says the country will keep buying at least one Bitcoin a day, despite pressure from the International Monetary Fund.

The International Monetary Fund (IMF) is attempting to impose strict restrictions on El Salvador as part of a $1.4 billion loan agreement, targeting the country's controversial Bitcoin (BTC) adoption strategy.

The Bitcoin price action is showing strong bullish signals, as a rare Inverse Head and Shoulder pattern has just broken out and retested its neckline. This technical setup suggests that Bitcoin could be gearing up for a mega rally to $300,000 soon.

A financial “heart attack” is coming—will crypto be the lifeline investors need?

President Bukele reaffirmed that El Salvador Bitcoin Accumulation will continue despite recent information regarding IMF conditions for granting a $1.4 billion loan.

Blockchain analysis reports from Arkham Intelligence indicate that North Korea's Lazarus Group has fully laundered the ethereum (ETH) proceeds from the Bybit breach, with a significant share of the assets now converted into bitcoin (BTC).

Physical Bitcoin may seem like a curious concept to those new to the cryptocurrency world.

Bitcoin's 30-day price volatility dropped to its lowest since June last month.

Bitcoin (BTC) climbed back to $88,900 on March 5 after dipping to a daily low of $81,500 earlier in the day, recovering most of the losses recorded over the past 24 hours.

Bitcoin (BTC) has faced a rough start to 2025, as global economic uncertainty and a shift towards safer assets like gold have weighed heavily on the cryptocurrency. New trade tariffs and macroeconomic concerns have led to a decline in Bitcoin's price, but Fundstrat's Tom Lee remains optimistic about the digital asset's future.

Large-cap coins still seem to be following Bitcoin's momentum.

El Salvador's President Nayib Bukele has stated that the country will continue buying Bitcoin (BTC) despite conditions set by the International Monetary Fund (IMF) in a recent financial agreement. The IMF had included restrictions on further government Bitcoin purchases as part of a $3.5 billion financing deal, but Bukele made it clear that his administration

As of 4:35 p.m. ET on March 4, 2025, bitcoin commanded a valuation of $88,165, boasting a market capitalization of $1.72 trillion and a 24-hour trading volume of $69.81 billion. The digital asset oscillated between an intraday trough of $81,463 and a peak of $88,825, reflecting a market teetering between hesitation and ambition.

El Salvador buys another 1 BTC to strengthen Strategic Reserve

Are longtime holders gearing up to sell? Some $22 million worth of Bitcoin just moved from a half-dozen wallets after 14 years.

The addresses were controlled Iranian national Behrouz Parsarad, the alleged administrator of the Nemesis darknet marketplace.

With the remarkable Bitcoin volatility, and after briefly surging earlier this week before dropping again. Is a Bitcoin price surge expected ahead of or after the upcoming White House Crypto Summit?

A clause in the country's recently-completed IMF financing deal suggested a prohibition against El Salvador accumulating any additional bitcoin.

BlackRock also said that there isn't enough room for every U.S. millionaire to accumulate 1 BTC.

Coinbase co-founder and CEO Brian Armstrong believes the US crypto strategic reserve recently announced by President Donald Trump should exclusively consist of Bitcoin (BTC). On the social media platform X, Armstrong says having “just Bitcoin” in the US crypto strategic reserve “would probably be the best option.

Widely followed quant analyst PlanB says Bitcoin's (BTC) latest correction is now raising questions as to whether its bull cycle is on the verge of ending.

As bitcoin holds steady above the $88,000 threshold, Michael Saylor's Strategy (formerly Microstrategy) maintains a 29% gain on its extensive BTC holdings. Meanwhile, MSTR shares have climbed more than 11% over the past week, defying the broader downturn in the crypto sector.

The US manufacturing PMI has entered expansion mode for two months in a row, setting the stage for a positive reversal in the business cycle.

Bitcoin's price has surged above $88,000 despite ongoing market uncertainty fueled by escalating trade tensions between the United States and Canada. However, the cryptocurrency market remains volatile as investors react to President Donald Trump's latest tariff measures, which have triggered a series of retaliatory actions.

Cryptocurrency markets have bounced back into the green on Tuesday, recovering from earlier losses as excitement builds ahead of the crypto summit on Friday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $87,881.40 +2.5% Ethereum (CRYPTO: ETH) $2,167.42 +2.3% Solana (CRYPTO: SOL) $143.26 +0.6% XRP (CRYPTO: XRP) $2.49 +5% Dogecoin (CRYPTO: DOGE) $0.2003 +0.09% Shiba Inu (CRYPTO: SHIB) $0.00001308 +1.1% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 32.8% and daily active addresses growing by 20.4%.

A well-known market analyst believes Bitcoin is on track to reach new highs this year. Tom Lee, the co-founder of Fundstrat Global Advisors, expects the cryptocurrency to do “better than $150,000” by the end of 2025.

The telecom and retail tycoon now holds most of his liquid assets in cryptocurrency, a substantial increase from previous allocations.

The White House's “Crypto Czar” David Sacks says he sold all of his crypto, including Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), before the start of Donald Trump's presidency. Sacks says he also owned a $74,000 position in a Bitwise exchange-traded fund, which he sold on January 22nd, two days after Trump's inauguration.

The CEO of the recently hacked crypto exchange Bybit says that North Korean hackers have converted 417,348 stolen Ethereum (ETH) into Bitcoin (BTC). According to Bybit CEO Ben Zhou, North Korean state-sponsored hackers stole approximately $1.4 billion in ETH from Bybit, bridging a significant portion of the assets to Bitcoin.

In a recent interview with CNBC, Michael Saylor, co-founder of Strategy, reiterated his bullish outlook on Bitcoin (BTC), predicting the cryptocurrency could reach a staggering $200 trillion market cap. Saylor Forecasts $10 Million Per Bitcoin Currently valued at about $2 trillion, Saylor believes Bitcoin's trajectory will see it grow to $20 trillion and eventually hit the $200 trillion mark, translating to an approximate price of $10 million per BTC based on its capped supply of 21 million coins.

Crypto's accumulation score can be indicative of where it might be heading next.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Bitcoin Magazine Bitcoin And Africa: Why Not Strategic Beef Reserve? African nations very frequently hold strategic stores of commodities, a reserve of Bitcoin could be a more functional strategy. This post Bitcoin And Africa: Why Not Strategic Beef Reserve? first appeared on Bitcoin Magazine and is written by Heritage Falodun.

The crypto market is witnessing a fresh cascade of liquidations as President Trump's tariff threats become reality. Trump has officially implemented 25% tariffs against both Canada and Mexico, triggering a 500 point drop in the Dow, alongside small drops in the Nasdaq and S&P 500.