Bitcoin has fallen sharply over the past 30 days, falling from a record high of 109k to a low of 77k this week, a level that was last seen in November last year. This puts losses at almost 30%.
Bitcoin Magazine Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy Video-sharing platform Rumble boosts its Bitcoin holdings with a 188 BTC purchase, reinforcing its commitment to a Bitcoin treasury strategy. This post Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy first appeared on Bitcoin Magazine and is written by Nik.
Bitcoin ETF outflows have nearly amounted to $750 million in the last two days as the crypto market consistently fell. BlackRock, the largest issuer, has offloaded around 2,000 BTC in the previous 24 hours.
The company redirected mining rigs to self-mining as customer delayed payments during bitcoin's price drop.
Deutsche Boerse's post-trade unit, Clearstream, has unveiled plans to launch cryptocurrency custody services for Bitcoin and Ethereum in Europe later this year.
Starknet plans to expand Bitcoin use cases by bridging Bitcoin and Ethereum. StarkWare recently established a Bitcoin strategic reserve.
Bitcoin remains at risk despite short term relief on cooler inflation data. PI, TIA lead daily gains for altcoins.
Strike CEO Jack Mallers has highlighted Bitcoin's (CRYPTO: BTC) growing dominance in the global store of value market, valued at approximately $400 to $500 trillion. What Happened: Speaking to Anthony Pompliano at the New York Bitcoin Investor Week from Feb. 24 to Feb. 28, Mallers stated that with Bitcoin's market cap at just $1.5 trillion it is still in the early stages of adoption.
Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.
Overall selling pressure from BTC miners have relatively subsided in the past two weeks.
Hemi Labs has signed up dozens of protocols, including decentralized exchange (DEX) Sushi, liquid staking token pumpBTC and oracles RedStone and Pyth.
The crypto market recovered some of its losses Wednesday following a lower-than-expected US Consumer Price Index (CPI) report. Bitcoin surged above $84,000, while XRP crossed the $2.25 mark, gaining 6% in the last 24 hours.
On March 7, President Donald Trump was in attendance at the White House cryptocurrency summit, where he announced the formation of a Strategic Bitcoin Reserve. That repository, should it actually be formed, will contain Bitcoin (BTC 0.62%), and the similar Digital Asset Stockpile will contain other cryptocurrencies.
Popular cryptocurrency XRP may be running out of steam against its major counterpart, Bitcoin (BTC). As became known thanks to Bollinger Bands, an interesting thing happened - XRP recently hit a middle band at 0.00002685 BTC and, unfortunately for its supporters, did not make it above.
The digital asset traded just below $82,000 this morning despite positive macroeconomic data that shows tempered inflation. Bitcoin Flatlines as Inflation Eases The dominant cryptocurrency remained mostly flat over the past 24 hours as better-than-expected inflation data cultivated optimism in traditional markets. Bitcoin (BTC) traded within a range of $79,059.43 to $84,358.
Stablecoin accumulation and increased active addresses indicate investors gearing for a market rebound despite recent volatility and declining trading volumes.
Mike McGlone, the senior commodity strategist at Bloomberg Intelligence, has taken to his social media account to share his take on the prospects the markets are likely to face later this year as the leading cryptocurrencies, Bitcoin and Ethereum, remain in a heavy decline.
Video platform Rumble has purchased 188 BTC for $17.1 million, strengthening its push into the crypto space. The buy aligns with Rumble's $20 million bitcoin treasury strategy. Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy Rumble, the video-sharing and cloud services company, announced the acquisition of 188 BTC for approximately $17.
The Bank of Russia has proposed allowing a limited group of qualified investors to purchase and sell cryptocurrencies under a new three-year experimental legal regime. What Happened: Announced on Wednesday in accordance with President Vladimir Putin's directives, the initiative targets "particularly qualified" investors—individuals with over 100 million rubles ($1.02 million) in securities and deposits or annual income exceeding 50 million rubles ($510,000)—and companies already classified as qualified investors.
Despite recent drops in the crypto market, which could be attributed to the uncertainty around tariffs, spot bitcoin ETF outflows, and crypto-specific events, investors with a long-term conviction in bitcoin may see this as an opportune time to add further to their overall holdings, says eToro's Simon Peters.
A shift in Bitcoin whale activity is occurring on Binance, which may cause the market to go in a different route. There is uncertainty as a result of some major Bitcoin holders decreasing their holdings while others are buying.
Last week, I attended the launch event of Presidio Bitcoin, a new co-working and event space in San Francisco.
Rumble, a Toronto-headquartered video hosting, streamling and cloud platform, joins the corporate Bitcoin (BTC) purchasing mania. The statement about $17.1 million Bitcoin (BTC) added to the treasury comes 10 weeks after Tether's investment in Rumble.
Video-sharing platform Rumble has confirmed the purchase of a cache of BTC for $17 million, joining a growing list of firms embracing the asset. The purchase follows a blueprint to allocate a chunk of its corporate treasury to Bitcoin back in 2024.
Increased volatility in the Treasury market often leads to reduced risk taking in financial markets.
Bitcoin (BTC) has gone up 3.8% in the past 24 hours as inflation figures from February in the United States came in below the market's expectations.
The premium on Bitcoin futures contracts on the CME has narrowed to its tightest spread since November, erasing the surge tied to Trump's election win, as market focus shifts from political optimism to broader economic factors. CoinDesk's Christine Lee hosts "Chart of the Day.
U.S. inflation report expectations and the reintroduction of Senator Cynthia Lummis' BITCOIN Act are giving BTC a boost Wednesday. Plus, the U.S. House overturns an IRS broker rule on DeFi and the U.S. SEC delays XRP, DOGE, LITE ETFs.
Video platform Rumble has acquired approximately 188 Bitcoin for $17.1 million, averaging $91,000 per coin. This purchase comes as part of its Bitcoin (BTC) treasury strategy.
This is the third crypto cycle I've written about here on Forbes. So far, as you can verify, I've consistently been a bull at the bottom and a bear near the top.
“Under favorable conditions, ETH may reach $6,000–7,000 this year,” an analyst told Decrypt.
Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown. BTC/USD 1-hour chart.
The firm made its first purchase around the time Trump was elected and may made additional bids depending on market conditions.
The crypto market roared to life following the latest U.S. CPI report, which showed inflation easing slightly in February. Bitcoin surged to $84,000, Solana jumped past $127, and XRP spiked above $2.20, as traders piled into risk assets following the data release.
A trading expert is projecting that Bitcoin (BTC) will hit a record high of $150,000 in the coming months, even as the leading digital currency consolidates above $80,000 amid prevailing bearish sentiment.
Senator Lummis's Bitcoin Act extends the Federal Reserve's Bitcoin capacity to over 1M bitcoins. We mull over how this might affect the price of Bitcoin, and related coins like BTC Bull Token.
Bitcoin and U.S. stocks rallied Wednesday after February's CPI inflation rate came in at 2.8%, below economists' expectations.
Main holdings of the ETF ONWB
Cryptoquant researchers warn bitcoin is teetering between historically undervalued levels and possibly the precipice of a prolonged bear market, with critical onchain metrics signaling heightened downside risks.
Crypto Bitwise Launches ETF Tracking Firms With Over 1,000 Bitcoin Melania Trump's Official Memecoin, Worth Over $13 Billion Barely Two Months Ago, Is Now Valued At $367 Million Dogecoin, XRP ETF Filings Delayed By SEC But Influential Analyst Says ‘Relatively High' Odds Of Approval Pepe Leads Memecoin Rebound WIth 11% Rally, But Dogecoin, Shiba Inu Not That Far Behind House Committee Favors Stablecoin Regulation To ‘Strengthen' Dollar: Majority Whip Says CBDCs Against ‘American Values Bitcoin, Ethereum, Dogecoin Recover On Strategic Reserve Bill In Congress: Top Analyst Foresees BTC's ‘Swift Move' To $88,000-$92,000 If This Happens US Crypto Users Missed Receiving Over $2.
Metaplanet has raised 2 billion yen through an interest-free bond to expand its Bitcoin portfolio. The company has recently acquired 162 more Bitcoin for its treasury.
Bitcoin is back in action, surging 3.7% to trade around $84k after nearly a week of losses. However, despite this rebound, a shocking trend is emerging, Bitcoin's long-term growth rate has hit an all-time low.
Starknet, an Ethereum ETH-based Layer-2 network, is working toward a system where Bitcoin BTC and Ethereum operate more seamlessly together.
The video-sharing platform had previously announced plans to allocate up to $20 million to Bitcoin
Bitcoin Magazine Debifi Is The Premier Noncustodial P2P Bitcoin-Backed Lending Platform For Institutions Debifi founder and CEO Max Kei has harnessed his years of experience contributing to Hodl Hodl, a noncustodial peer-to-peer (P2P) bitcoin exchange and bitcoin-backed lending platform, to create Debifi, a lending platform like Hodl Hodl's but built for institutional clients. This post Debifi Is The Premier Noncustodial P2P Bitcoin-Backed Lending Platform For Institutions first appeared on Bitcoin Magazine and is written by Frank Corva.
Bitcoin Magazine California Senator Endorses Bitcoiner For $500B Pension Board California State Senator Ben Allen endorses bitcoin nonprofit founder Dom Bei for a seat on the $500 billion CalPERS pension board. This post California Senator Endorses Bitcoiner For $500B Pension Board first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.
The crypto whale, whose transactions were spotted by market tracker Lookonchain, has been longing Bitcoin and Ethereum since the start of March and is now sitting on over $2 million in unrealized profits after their latest transactions.