At the recent crypto summit at the White House, Michael Saylor, co-founder of Strategy, presented an ambitious strategy aimed at generating up to 100 trillion dollars in economic value over the next decade. All of this, based solely on bitcoin!
Bitcoin whale holdings have reached their lowest level in six years, raising concerns about the asset's price trajectory amid its current price struggles. Interesting data from on-chain data analytics platform IntoTheBlock shows that the aggregate amount of Bitcoin held by whales has dropped to levels last seen in 2019.
Bitcoin (BTC) could soon experience significant volatility and trigger over $1.13 billion in long position liquidations if its price falls below the critical threshold of $82,000. Currently trading at $83,000, bearish pressure is intensifying as investors react negatively to recent announcements regarding the strategic bitcoin reserve in the United States.
Nayib Bukele, the President of El Salvador, said this Saturday that the country's only pet hospital will close.
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week's edition, the IMF reveals the fine print of its credit facility deal with El Salvador, Ricardo Salinas is 70% invested in bitcoin, and the Libra probe advances in Argentina.
The Bitcoin (BTC) market is showing an extended sideways movement with no significant price action over the past day. Notably, the premier cryptocurrency has lost all market gains from its sudden 11% price surge from last week returning to previous consolidation levels around $86,000.
The crypto market continues its bearish trend with Bitcoin dropping below $83,000. Certain altcoins, however, are surging.
Bitcoin bears are stopping at nothing to seal some last-minute BTC price downside into the weekly close — but how much?
This last week bitcoin's price volatility hit its highest annualized rate all year of 59.4% and has since held steady at that level.
Despite the growing popularity of Bitcoin, the number of individuals who own it worldwide is minuscule — leaving plenty of room for growth.
Bitcoin has struggled to regain bullish momentum, weighed down by global trade war fears and the uncertainty surrounding US President Donald Trump's executive order to establish a Strategic Bitcoin Reserve last Thursday. While the announcement was expected to boost confidence, macroeconomic conditions continue to dictate market trends, keeping BTC below key resistance levels.
Bitcoin struggles below $100K—yet experts insist a massive bull run is coming. What's fueling their confidence?
Metrics reveal that since Jan. 1, 2025, approximately 121,000 BTC ($10.46B) and $1.74 billion in ETH have exited exchanges. 2025's Liquidity Vanishing Act Withdrawing bitcoin (BTC) and ethereum (ETH) from centralized trading platforms diminishes selling pressure by tightening accessible supply.
Bitcoin (BTC) is positioning itself for a multi-trillion dollar opportunity, according to Bitwise CIO Matt Hougan. With the recent creation of the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile, institutional confidence in Bitcoin has reached new heights.
Macro concerns, mainly tariff-related, overshadow Trump's crypto announcements, one observer noted.
The creation of the Strategic Bitcoin Reserve failed to meet the expectations that many crypto market participants had for it, and as a matter of fact, the main cryptocurrency came to a close this week without 10.66% of its valuation at the beginning.
Bitcoin advocate and JAN3 CEO Samson Mow has accelerated his Bitcoin price prediction. He suggested that it could reach $1 million earlier than his model's original 2031 forecast.
Bitcoin dominance is testing a crucial resistance level. If it breaks higher, altcoins could struggle, but a decline may fuel a rally.
Billionaire investor and Bitcoin advocate Tim Draper has praised the newly approved Strategic Bitcoin Reserve in the U.S., calling it an awesome move. He emphasized that Bitcoin is a valuable asset for national reserves, corporate treasuries, and families, urging investors to accumulate BTC.
Bitcoin has hit another rough patch. Analysts are predicting limited upside and potential stagnation following the latest $BTC Reserve disappointment.
Bitcoin, XRP, and Cardano have shed their gains from last week's Trump "reserve" pump, while Dogecoin continues to lose ground.
BTC could see a major price rally this week.
Elizabeth Warren, a Democratic senator, wrote a letter to David Sacks, Trump's crypto advisor, raising questions about how fair the new crypto reserve would be, including the five cryptocurrencies being promoted alongside it. She argues that publicity of the new reserve may boost prices for people already holding the token, thus making wealthy people more wealthy and enriching insiders who knew about the crypto policies in advance.
A breakdown could lead to a deeper correction, but history suggests a potential rebound.
Today's edition of the weekly recap: President Trump's executive order for a Strategic Bitcoin Reserve fails to generate substantial interest as ETF outflows continue. Plus, regulators drop investigations involving Kraken, Yuga Labs and Cumberland.
David Sacks, the White House's lead on crypto and AI policy, has pushed back against the idea of taxing cryptocurrency transactions Bitcoin reserve. The post White House Crypto Czar David Sacks Opposes Transaction Taxes for Filling US Bitcoin Reserve appeared first on Cryptonews.
“Not that long ago, even the idea of BTC Reserve held and supported by a federal government was a revolutionary idea,” a blockchain regulatory expert told Cointelegraph.
David Sacks, the White House's crypto and AI advisor, recently dismissed the idea of imposing a tax on each cryptocurrency transaction to fund the U.S. Bitcoin reserve and crypto stockpile.
The Bitcoin price started the week on a strong footing, jumping back above $90,000 following the announcement of a strategic crypto reserve by US President Donald Trump. However, the flagship cryptocurrency barely sustained this momentum, dropping back beneath the $90,000 level before midweek.
Robert Kiyosaki has never been a fan of the traditional financial system. The "Rich Dad Poor Dad" author has long criticized Wall Street, fiat currency and investment products he sees as misleading.
Bitcoin is trading at $84,583 with a market capitalization of $1.67 trillion, while its 24-hour trade volume remains exceptionally low at $12.79 billion, reflecting cautious market sentiment within an intraday price range of $84,262 to $86,546. Bitcoin Bitcoin‘s 1-hour chart reveals an immediate downtrend, with BTC struggling below key resistance at $86,800.
Michael Saylor shared an ambitious proposal for the US government to accumulate a vast Bitcoin reserve that he claims could generate up to $81 trillion in wealth by 2045.
The launch of Bitcoin spot ETFs was met with great enthusiasm, with hopes that they would attract significant institutional interest and send Bitcoin's price soaring.
Craig Wright, an Australian computer scientist who claims to be Satoshi Nakamoto, was fined £225,000 by a London court for improperly using AI while attempting to appeal an earlier ruling by the High Court that he is not Satoshi Nakamoto.
Investor Tom Lee says that Bitcoin could end up becoming the most profitable product for Wall Street giants as the US goes ahead with making BTC a reserve asset.
Donald Trump's crypto czar has said the U.S. Treasury will be working to “maximize the value” of the bitcoin and other cryptocurrencies held by the U.S.
Galaxy CEO Mike Novogratz has commented on the establishment of a strategic Bitcoin reserve, arguing that it is a "very big deal."
Bitcoin risks triggering $1.13 billion worth of cumulative leveraged long liquidations if it falls below the $82,000 price support.
Bitcoin has recently experienced volatility in its price trajectory, finding it difficult to maintain momentum above $90,000. Despite a long history of growth, new data points to the cryptocurrency possibly reaching a turning point.
The US-based Bitcoin ETFs (exchange-traded funds) have continued to struggle in terms of investor participation and interest over the last few weeks. In the last week of February, the crypto-based financial products witnessed a record-breaking $1.14 billion single-day withdrawal.
Is this the right time to buy the dip?
BTC is down a mere 0.4% for the day, while Pi Network's native token has performed much worse.
A crypto strategist who accurately called the January Bitcoin correction believes that BTC still has room to run to the upside this year. Analyst Benjamin Cowen tells his 987,300 followers on the social media platform X that he sees Bitcoin sparking a “counter-trend” rally in the coming months.
Bitcoin has extended its decline below $90,000 as on-chain data shows whales selling off in massive amounts. This price decline comes amidst the otherwise bullish news of Donald Trump signing an executive order for a Strategic Bitcoin Reserve (SBR).
CEO JAN3 Samson Mow says Bitcoin could reach $1 million by 2031, citing the White House's support as a catalyst.
According to Timothy Peterson, author of Metcalfe's Law as a Model for Bitcoin Value, the crypto industry could be on the brink of another bear market.
Strategy founder Michael Saylor believes the US government should aim to hold 25% of Bitcoin's supply by 2035, when 99% of all BTC will have been issued.