Bitcoin Dominates Ether Like Never Before In 5 Years
Bitcoin ruthlessly crushes the hopes of Ether. The ETH/BTC ratio has just hit its lowest level in five years, at 0.02193.
Keep up with what's happening in the crypto world in real-time.
Bitcoin ruthlessly crushes the hopes of Ether. The ETH/BTC ratio has just hit its lowest level in five years, at 0.02193.
Peter Schiff, a well-known Bitcoin skeptic, has once again called out Bitcoin enthusiasts, challenging their resolve amid the market's ongoing volatility.
According to a CryptoQuant Quicktake post published earlier today, the Network Value to Transactions (NVT) Golden Cross suggests that Bitcoin (BTC) currently holds a high market capitalization while network transaction volume remains low. This has raised concerns that BTC's price may be inflated.
As markets remain uncertain, more companies are starting to ask - Is Bitcoin the next big treasury move?
Research outline Bitcoin's March 2025 recap: Rebounding amid cautious optimism Investor sentiment exclusive: 5.
XRP slides 19.9% as SEC silence on appeal strategy weighs on sentiment. All eyes now on Paul Atkins' confirmation and XRP-spot ETF prospects.
A research-heavy French investment firm has published a quantitative paper explaining the reasons Strategy stock outperforms bitcoin. French Asset Manager Tobam: Three Reasons Strategy Outperforms Bitcoin Paris-based asset manager Tobam has researched exactly why Michael Saylor's Strategy (MSTR) has continued to outperform bitcoin ( BTC), the very asset responsible for boosting its stock price.
Hut 8, a publicly traded Bitcoin (BTC) mining company with a market capitalization of approximately $1.2 billion, announced on Monday a strategic partnership with Eric Trump and Donald Trump Jr. to establish a new mining subsidiary named American Bitcoin.
Michael Saylor's firm, Strategy (previously known as MicroStrategy), announced a new Bitcoin (BTC) buy on Monday, March 31st of a significant $1.9 billion in BTC. This comes despite the market's leading cryptocurrency's recent challenges, having plummeted 25% from its all-time high in January of this year.
After a grueling period of record outflows, the digital asset market is showing signs of life. Last week, digital asset investment products attracted a substantial $226 million in inflows, marking nine consecutive trading days of positive sentiment and fueling cautious optimism among investors, according to a CoinShares report.
Bitcoin price started another decline below the $83,500 zone. BTC is now consolidating and might struggle to recover above the $83,850 zone.
Japan's publicly listed bitcoin treasury company, Metaplanet Inc., is doubling down, issuing $13.3 million in zero-interest bonds to aggressively expand its bitcoin holdings. Japan's Metaplanet Gears Up for Bitcoin Accumulation Japan's publicly listed bitcoin treasury company, Metaplanet Inc.
The audit's outcome could influence crypto market dynamics and regulatory approaches, impacting future digital asset policies and valuations. The post US government to finalize Bitcoin stash audit this Saturday—whether XRP, ADA are part of crypto stockpile will be clarified soon appeared first on Crypto Briefing.
Bitcoin has continued to show weakness in price movement, with limited upside momentum over the past several weeks. The cryptocurrency has declined by 22.3% in the last month alone, bringing its price down to $83,191 at the time of writing.
After showing signs of recovery last week, Bitcoin appears to have lost its upward momentum once again. The cryptocurrency was closing in on the $90,000 psychological level but has since reversed direction, falling by 6.4% over the past week to hover around $82,000 at the time of writing.
Bitcoin has dropped to $82,100, Ethereum to $1,790, and XRP to $2.13, extending losses alongside U.S. stock futures as investors react to rising trade tensions and inflation concerns.
Bitcoin steadied near $82,429 as of 5:00 p.m. ET on Monday, trimming early losses despite mounting concerns over potential selling pressure and global trade tensions.
Bitcoin continues to prove its strength as a long-term investment, according to Bitwise CIO Matt Hougan. Despite recent sideways trading caused by macroeconomic uncertainty, Bitcoin has delivered a solid 24.3% gain since Election Dayoutperforming traditional assets like gold and major stock indices.
Strategy, formerly known as MicroStrategy, has solidified its position as the largest Bitcoin holder among public companies. According to a recent chart shared by Bitwises head of research Ryan Rasmussen, the business intelligence firm now owns 77% of all Bitcoin held by publicly traded corporationsa level of dominance not seen since 2020 when the company first adopted Bitcoin as a treasury reserve asset.
Brazils debate over adopting Bitcoin as a strategic reserve asset is intensifying. Earlier this week, Nilton David, Brazils central bank director of monetary policy, dismissed the idea, stating that diversifying the countrys international reserves with cryptocurrencies would be inappropriate.
Bitcoins recent rally may be coming to an end as experts predict a slow but painful correction in the months ahead. Quinn Thompson, founder of crypto hedge fund Lekker Capital, told CoinDesk he sees BTC falling back to the $50K-$59K rangedown significantly from the current $83K level and nearly 50% off its all-time high of $109K just two months ago.
A new AI-infused blockchain called Ambient, backed by Andreessen Horowitz (a16z) and Delphi Digital, is being positioned as a potential replacement for Bitcoin. Co-founded by Travis Good, Ambient is built on the belief that Bitcoins cryptographic architecture is aging and may become obsolete within five years.
Crypto asset investment products faced another week of outflows last week, marking the second consecutive week of investor pullback. According to the latest weekly report released by CoinShares, total outflows amounted to $584 million, pushing the two-week outflow total to roughly $1.2 billion.
A court in Brazil has authorized the use of non-fungible tokens (NFTs) to notify unidentified defendants in a case involving missing Bitcoins (BTC) tied to an alleged pyramid scheme, BWA Brazil.
