The IMF emphasizes the importance of prudently managing liquidity, market, and credit risks — criteria that bitcoin, with its erratic nature, does not satisfy.
Bitcoin has been going through big price swings, recently dropping below $77,000 before bouncing back to around $83,000. These moves have been caused by regulatory issues, economic uncertainty, and large market liquidations. However, all eyes are now on the upcoming Federal Open Market Committee (FOMC) meeting, which could significantly impact Bitcoin's price this week.
Bitcoin's (BTC) price has declined by over 25% almost two months after establishing a record high at around $110,000. The cryptocurrency's sharp correction has coincided with a decline in its “apparent demand.
Bitcoin (BTC) heads into FOMC week in a cautious mood, with multimonth lows still uncomfortably close. BTC price action preserves $80,000 support as upside liquidity looks ripe for the taking.
As Bitcoin nears $100,000, market watchers anticipate short-term consolidation, though the asset's uptrend is likely to continue. Bitcoin (BTC) price returning to $100,000 could prompt “short-term consolidation,” analysts warn, though the long-term outlook for the cryptocurrency remains positive.
Bitcoin's price has dropped 22% from its record high of $109,000 on Jan. 20, 2025, the day of Donald Trump's inauguration.
In a new publication titled The Mustard Seed, Joe Burnett—Director of Market Research at Unchained—outlines a thesis that envisions Bitcoin reaching $10 million per coin by 2035. This inaugural quarterly letter takes the long view, focusing on “time arbitrage” as it surveys where Bitcoin, technology, and human civilization could stand a decade from now.
All eyes are now on gold as the ultimate safe-haven asset. The price of gold just hit $3,000 per ounce, an all-time record.
Traders say the current sell-off could have been caused by an unwinding of ETF and spot linked traders.
A major Bitcoin whale has placed a $368 million short position with 40x leverage, betting on a price decline in the cryptocurrency.
Recently, rumors spread that the U.S. SEC had clarified how different cryptocurrencies might be used within the U.S. government.
The fully diluted valuation (FDV) of the Ripple-linked XRP token has now remained above that of Ethereum (ETH) for several days.
A whale on Hyperliquid has gone viral for starting a short position for around $450 million worth of Bitcoin. There is now an active ‘man-hunt' to stop the perpetrator in its tracks.
In a surprising revelation, Andrew AP Abacus, co-founder of Arch Public, disclosed that the XRP lawsuit is on the cusp of conclusion. Citing two sources within the Securities and Exchange Commission (SEC), the expert outlined several possible outcomes for the Ripple vs SEC case.
The crypto market is going through a turbulent period marked by a brutal correction of bitcoin and massive capital outflows. With a decline of over 18% from its historic peak of $106,000 in December 2024, some investors are already talking about the most painful cycle in bitcoin's history.
A crypto strategist known for accurately calling Bitcoin's pre-halving correction last year says BTC may abruptly end its correction if a technical setup plays out. Pseudonymous analyst Rekt Capital tells his 542,500 followers on the social media platform X that Bitcoin's relative strength index (RSI) indicator is flashing a bullish divergence on the daily chart.
North Korean hacking collective the Lazarus Group has become a huge holder of Bitcoin after converting stolen funds.
Andrew, who often discusses crypto, finance, and business in a latest X post shared that two SEC sources suggest that the Ripple case may be nearing its conclusion, with some key expectations. UPDATE: *two* SEC sources believe @Ripple case is very close to ending. Some expected outcomes:• “expect $XRP to get serious commodity consideration.
A new week is not always an exciting one for the crypto business. Likewise, the crypto market today has taken a slight downturn, with the market capitalisation slipping by 1.07% to $2.73 trillion. This dip, however, led to marketers making positions, as a result, the business in 24 hours shot up 42% to $66.68 billion.
In a segment, Fox News contributor Lara Trump —wife of Eric Trump, son of US President Donald Trump—interviewed Michael Saylor on the increasingly pivotal role of Bitcoin in the global financial landscape.
Blockchain-based payment firm has signaled a possible crypto wallet launch with the latest “RIPPLE CUSTODY” trademark filing. The application hints at an upcoming downloadable software product for secure cryptocurrency storage. Ripple's new trademark application The filing on Justia Trademarks reveals a new filing for RIPPLE CUSTODY.
Peter Schiff warns that if the NASDAQ enters a bear market, Bitcoin could drop significantly, potentially reaching $65K. The post Peter Schiff Predicts Bitcoin to Drop Below $65K if Nasdaq Crashes appeared first on Cryptonews.
Fox News' My View took a sharp turn into Bitcoin territory in its latest episode on Saturday night. Lara Lea Trump dedicated an entire episode to the future of digital assets, featuring none other than Strategy's chairman Michael Saylor, President Donald Trump, White House Crypto Czar David Sacks, and Treasury Secretary Scott Bessent.
South Korea has no plans to incorporate Bitcoin in its foreign exchange reserves, according to the country's central bank. On Mar.
The Bank of Korea, the central bank of South Korea, has never considered the idea of diversifying its reserves with the help of Bitcoin, according to a report by Korea Economic TV.
North Korea has quietly climbed the ranks to become one of the largest government holders of Bitcoin, surpassing even crypto-friendly nations like El Salvador and Bhutan.
The cryptocurrency market witnessed a significant rebound last week, ably supported by leading memecoins and Telegram-linked Toncoin. What happened: BNX, the native token of the GameFi platform BinaryX, topped the gainers list, exploding over 60% over the week.
Trump's recent tariff policies have backfired, and the Bitcoin reserve plan, which gave the industry its long-awaited milestone of BTC hitting $109K, faded as the market realized Trump's policies are politically driven, creating panic and fear in the market for crypto assets.
A group of traders looked to liquidate the giant short position in BTC but the operation failed, per observers.
Ripple and the U.S. Securities and Exchange Commission (SEC) are reportedly nearing a resolution to their four-year-long legal battle over the issuance of XRP, which the SEC had alleged to be an unregistered security. The dispute, which began under the Biden administration, has raised questions about the future of the cryptocurrency.
As Bitcoin price struggles to pass the $84,000 resistance on the upside, bearish calls for BTC are rising amid severe correction in the US stock market. Popular economist Peter Schiff believes that if Nasdaq enters the bear market correcting 40% from the peak, BTC price can collapse all the way to $20K.
North Korea, helped by the infamous hacking syndicate Lazarus Group, has quietly become one of the biggest holders of Bitcoin (CRYPTO: BTC). What Happened: The attacker possessed around 13,518 BTCs as of this writing, worth $1.16 billion, according to on-chain analytics platform Arkham.
XRP is showing a bearish divergence on the 3-day chart, meaning a strong or lasting bullish momentum is not expected in the near future. While there could be short-term bounces from certain support levels, significant price increases are unlikely for now. Support Levels to Watch Currently, XRP is testing an important support zone between $2.
Bitcoin is at a pivotal moment, with the 200-day Exponential Moving Average (EMA) acting as a critical resistance level near $84,000. Historically, this EMA has influenced Bitcoins price direction, making its current position crucial for the next major move.
Strategys Bitcoin holdings have seen a sharp decline in paper profits as the cryptocurrency struggles to reclaim previous highs. The companys unrealized gains have now fallen below $9 billion, reflecting the impact of Bitcoins recent volatility.
Peter Schiff remains firm in his belief that Bitcoin (BTC) is a financial bubble destined to burst. He argues that every market dip brings the crypto sector closer to its inevitable collapse.
Bitcoins recent slowdown has sparked debate on whether its price has peaked. However, historical data and on-chain analytics suggest the cycle may still have room to grow.
Michael Saylor, Strategy Chairman, captivated the crypto community by likening Bitcoin to an Orange Dwarf starthe brightest object in the financial systemgrowing stronger, hotter, and denser as it attracts capital. His poetic analogy highlights Bitcoins stability and resilience, drawing parallels to the longevity and rising intensity of orange dwarf stars.
The Bank of Korea cited bitcoin's volatility and IMF guidelines as the reasons for its decision not to review.
The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve.Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin (BTC) reserve, citing high volatility. Responding to a question from Representative Cha Gyu-geun of the National Assembly's Planning and Finance Committee, central bankers said that they have “neither discussed nor reviewed the possible inclusion of Bitcoin in foreign exchange reserves, adding that “a cautious approach is needed,” according to the Korea Herald.
The Bank of Korea (BOK) has firmly stated that it has “never reviewed” the inclusion of Bitcoin in the country's foreign exchange reserves. In a response to a written inquiry from Rep.
Bitcoin's market has seen a major reset, with over $10 billion in open interest wiped out in just two months, leading analysts to believe that a Bitcoin price recovery is imminent.
After a long legal tug-of-war under Biden's leadership, Ripple is finally catching a break. Reports suggest that President Donald Trump's team is eyeing XRP as a key player in building a powerhouse Bitcoin (BTC) reserve.
The cryptocurrency market continued its volatile trajectory on Friday, with most major coins trading sluggishly ahead of the ahead of the Federal Reserve's upcoming policy meeting. Bitcoin (BTC) remained subdued at the $83K level, while Ethereum (ETH), XRP, and Solana (SOL) experienced sharper declines. The global cryptocurrency market cap stands at $2.
Bitcoin faces a steep decline if the Nasdaq downturn deepens, warns Peter Schiff, predicting a wave of panic selling that could shake investor confidence and destabilize markets.
Ripple faces a one-month countdown to file its appeal reply. Will the SEC's recent overhaul lead to an appeal withdrawal?
Traders are bracing for further volatility this week as the U.S. futures market begins flashing signs of steeper losses for crypto.