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news-imageMarch 18, 2025

Bitcoin's recent $12B open interest wipeout was essential, says analyst

Bitcoin's nearly $12 billion open interest shakeout earlier this month might be just the catalyst needed for the asset to regain its upward momentum, according to a crypto analyst.“This can be considered as a natural market reset, an essential phase for sustaining a bullish continuation,” CryptoQuant contributor DarkFost said in a March 17 markets report.
Publisher: Cointelegraph
Sentiment: Positive
BTC

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Negative
cover-imageCointelegraph
March 18, 2025

‘Bitcoin bull cycle is over,' CryptoQuant CEO warns, citing onchain metrics

CryptoQuant's head chief says Bitcoin's bull market could already be over — changing his stance from earlier in the month when he said the Bitcoin bull cycle will be slow but “is still intact.”“Bitcoin bull cycle is over, expecting 6-12 months of bearish or sideways price action,” CryptoQuant founder and CEO Ki Young Ju said in a March 17 X post.

Negative
cover-imageTokenpost
March 18, 2025

Jason Calacanis Warns Michael Saylor Could ‘Break' Bitcoin with High-Risk Strategy

Prominent angel investor Jason Calacanis has sounded the alarm over Michael Saylors aggressive Bitcoin accumulation, predicting the MicroStrategy co-founder will ultimately break the Bitcoin ecosystem. Calacanis accuses Saylor of centralizing the leading cryptocurrency and damaging its long-term sustainability with relentless purchases and debt-driven strategies.

Negative
cover-imageCryptonews
March 17, 2025

North Korea Surpasses El Salvador in Bitcoin Holdings, Fueled by Bybit Hack

North Korea's Bitcoin holdings rise to the fifth largest globally, overtaking Bhutan and El Salvador. Arkham data reveals Lazarus Group's Bybit hack conversion boosted North Korea's Bitcoin reserves, spotlighting escalating cybercrime and its global security implications. The post North Korea Surpasses El Salvador in Bitcoin Holdings, Fueled by Bybit Hack appeared first on Cryptonews.

Negative
cover-imageCryptoSlate
March 17, 2025

Bitcoin needs ‘deeper-pocketed investors' to absorb the recent sell pressure from short-term holders

Bitcoin's (BTC) price is waiting for long-term holders or institutional demand to absorb the recent sell pressure from short-term holders, according to the latest “Bitfinex Alpha” report. Bitcoin's decline from its all-time high of $109,590 on Jan. 20 has intensified concerns about the role of institutional investors in sustaining market momentum.

Negative
cover-imageCointelegraph
March 17, 2025

Bitcoin sees 30% retracement as selling pressure increases — Bitfinex

Bitcoin (BTC) has undergone its second-largest correction of this bull run, according to analysts at crypto exchange Bitfinex. The correction, from the coin's all-time high of $109,590 set on Jan. 20 to a low of $77,041 during the week of March 9-15, represents a 30% retracement triggered by selling pressure from short-term holders.In its report, Bitfinex defines short-term holders as those who have bought within the last seven to 30 days.

Positive
cover-imageBenzinga
March 17, 2025

Bitcoin, Ethereum, XRP, Dogecoin Bounce Back To Green: 'Ready For A Squeeze,' Trader Says

Crypto markets are in a holding pattern ahead of Wednesday's Federal Reserve meeting and other crucial macroeconomic data. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $84,316.40 +1.1% Ethereum (CRYPTO: ETH) $1,938.92 +2.5% Solana (CRYPTO: SOL) $129.46 +1.6% XRP (CRYPTO: XRP) $2.36 +2.2% Dogecoin (CRYPTO: DOGE) $0.1747 +3.3% Shiba Inu (CRYPTO: SHIB) $0.00001304 -1.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses up by 2.6%.

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