Bitcoin Magazine Mexican Billionaire Salinas Says He Has 70% Bitcoin-Related Exposure Mexican billionaire Ricardo Salinas reveals 70% of his investment portfolio is now allocated to bitcoin, up from just 10% in 2020. This post Mexican Billionaire Salinas Says He Has 70% Bitcoin-Related Exposure first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.
The new rules require the publication of all government Bitcoin wallet addresses and audited financial statements for crypto-related entities.
The broader Bitcoin market has always been known for its volatility, with sharp surges often followed by sudden downturns. After climbing above $100,000 earlier this year, the Bitcoin Price has recently dipped closer to $80,000, causing renewed caution among traders.
Bitcoin struggles to fulfill safe-haven aspirations, whilst gold gains favor among investors seeking shelter from market volatility.
Following the announcement of a strategic crypto stockpile containing altcoins, several cabinet members of the Trump administration have drawn scrutiny for their crypto holdings. What Happened: In an X post on Tuesday, market commentator ‘The Pelosi Tracker' noted that Trump's proposed crypto strategic reserve has sparked debate, as several of his cabinet members hold substantial crypto assets.
XRP has erased nearly all of yesterday's gains after Donald Trump's announcement of new tariffs triggered a broad sell-off in global markets.The token had surged 40% over the weekend on speculation that it could be included in the U.S. strategic crypto reserve, but that momentum quickly reversed as risk assets tumbled.
TL;DR Arthur Hayes claims that Bitcoin is still in a bull cycle and predicts its price could drop to $70,000 before potentially surging to $250,000. The former BitMEX CEO advises investors to buy cautiously during pullbacks near $80,000 and avoid leverage.
The new service is expected to rollout in June.
Donald Trump's announcement on March 2 to include XRP in a U.S. strategic reserve alongside Solana and Cardano propelled the altcoin by +34% in 24 hours. A fleeting flash of glory: by the next day, the price retraced 50%, while on-chain data revealed a massive exit of institutional investors.
On March 3, 2025, the International Monetary Fund (IMF) approved an extended facility of 1.4 billion dollars for El Salvador, aimed at supporting the country's economic reform program. This decision follows negotiations during which El Salvador agreed to modify its bitcoin policy to address the IMF's concerns.
Arthur Hayes believes Trump's America First debt policies will force the Fed to print more money, which will eventually make Bitcoin an attractive investment.
From calling it a rug pull to demands for a congressional investigation, the chaos is unmatched.
In the opening days of March, the cryptocurrency market experienced a significant degree of volatility.
The global crypto market cap dropped 8.76% to $2.77T. Bitcoin (BTC) is below its 50-day moving average, confirming a bearish trend.
Another wave of pain has hit crypto traders. China just slapped tariffs on U.S. agricultural goods, worth nearly $22 billion.
The price of Solana has dived by 14% in the past 24 hours, falling to $136 after Trump's crypto czar David Sacks confirmed that he has dumped all of his SOL. The post Trump's Crypto Czar Dumps All Bitcoin & Solana Holdings – Should You Be Worried? appeared first on Cryptonews.
Crypto prices dropped sharply on March 4, erasing $800 million from the market. The total market cap slipped below $3 trillion, settling at $2.77 trillion, a 9% decline.
Over the past four days, Ripple USD (RLUSD) has not been minted at the stablecoin treasury. Ripple Stablecoin Tracker data shows the payment platform last minted 2,500,000 RLUSD on Feb. 28 at its treasury.
Bitcoin is on the verge of a monster bounce, igniting optimism as it trades at $85,754 after its recent dip. Experts predict a breakout in no time for a new rally to its all-time high of $109,079 and higher. If BTC reaches $100K, the rest of the altcoin market will do the same shortly.
This week's U.S. job data and Bitcoin's 10% dip could shape a market bottom, said Fundstrat's head of research, Tom Lee.
The crypto market faces extreme volatility as Bitcoin drops below $84K in a $500B sell-off, driven by CME futures gap corrections and global trade tensions, erasing recent gains from institutional interest. The post Crypto Market Nears ‘Extreme Fear' as Bitcoin Drops Below $84K in $500B Sell-Off appeared first on Cryptonews.
Ricardo Salinas, a well-known Mexican billionaire, recently stated that he has invested 70% of his wealth in Bitcoin.
Prominent venture capitalist Chris Burniske says the recent pullback in the crypto markets shouldn't discourage traders from staying invested in the sector. What Happened: In a post on X on Tuesday, Burniske noted that capitulation talk is everywhere, but historically, pivotal crypto moments have never been easy.
El Salvador has added 15 BTC to its holdings in staunch defiance of an agreement with the International Monetary Fund (IMF). The country's authorities have previously agreed with the IMF not to accumulate Bitcoins under an Extended Fund Facility (EFF).
XRP's inclusion in the crypto strategic reserve is looked at as a monumental step that could bolster the strength of the platform. With this, the price of XRP triggered a massive upswing and cleared a couple of resistance zones at $2.27 and $2.89.
According to Mike McGlone, senior commodity strategist at Bloomberg, falling Bitcoin and crude oil prices could be a sign of deflation.
Bitcoin has faced massive volatility and selling pressure as wild price swings dominate the market. After reaching a high of $96,000 last week, BTC saw a sharp 18% retrace, plunging to $78,000 last Friday.
Bitcoin, the world's top digital asset, surged by over 20% Monday from last week's lows, with major altcoins following suit. The crypto's rally immediately came after US President Donald Trump's announcement that the administration is considering a strategic reserve covering Bitcoin, Solana, Cardano, Ethereum and XRP.
Whale activity, daily address growth, and derivatives data point toward a possible XRP price rally.
Mexican billionaire Ricardo Salinas has disclosed that 70% of his investment portfolio is allocated to Bitcoin-related assets. The remaining 30% is invested in gold and shares of gold mining companies, according to a Salinas interview with Bloomberg.
President Trump's recent comments on establishing a strategic crypto reserve have sparked a debate within and outside the crypto community. Key figures within the US financial market space have shared their thoughts on the matter.
The start of US trade tariffs produces a fresh headache for Bitcoin bulls, with BTC price action increasingly aiming for a rematch with $78,000 lows.
Hayes believes Bitcoin will recover after a dip to $70K, potentially reaching $250K. Despite market volatility, Hayes remains cautious and prefers gradual purchases over-leveraged trades.
Bitcoin (BTC) is trading in bear territory, but from a broader perspective, the asset remains in a bull market after reaching a record high of $108,000 in late January.
The Bitcoin market is struggling again on Tuesday, as the market continues to see a lot of concerns about the overall economy at this point, and the Bitcoin market could very well continue to struggle as a result.
Digital asset prices remained stagnant despite renewed interest in altcoins. This month, many institutional and retail traders sold holdings to recover previous positions.
The IMF published a new staff country report related to El Salvador in which the fund underscored that El Salvador bitcoin accumulation needs to stop.
As part of a $1.4 billion loan agreement, the IMF is asking El Salvador to stop accumulating BTC. It also wants the country to avoid issuing Bitcoin-backed debt and tokens.
A broad market sell-off hit both crypto, driving $1 billion in liquidations, amid fears of economic fallout from Trump administration tariffs.
The cryptocurrency market was briefly invigorated over the weekend following President Donald Trump's announcement regarding the creation of a “crypto strategic reserve,” which would include tokens such as XRP, Solana (SOL), Cardano (ADA), Ethereum (ETH), and Bitcoin (BTC).
BTC could enter a stagnant phase in the market.
Bitcoin Magazine THNDR Releases Skill-Based Blackjack Game With Bitcoin Lightning Network-Powered Payouts THNDR's latest skill-based gaming offering, Blackjack, aims to attract strategic online gamblers, and uses Lightning to solve payout liquidity challenges. This post THNDR Releases Skill-Based Blackjack Game With Bitcoin Lightning Network-Powered Payouts first appeared on Bitcoin Magazine and is written by Frank Corva.
Millions of people mining Bitcoin could weaken corporate dominance, enhance decentralization, and strengthen network security, reshaping the future of Bitcoin's resilience.
U.S. Treasury Secretary Scott Bessent on Tuesday emphasized a firm commitment to reducing interest rates as a cornerstone of the Trump administration's economic strategy and outlined how lowering rates would alleviate financial pressures on American households and stimulate economic growth. What Happened: In an interview with Fox News on Tuesday, he said doing so would be considered one of the Donald Trump administration's early achievements, even as the president finishes 7 weeks of his second term.
The legal tussle dates back to December 2020 and is among the most intriguing topics in the crypto space.
Ripple's XRP has seen a steep decline, losing over 18% of its value and dropping to $2.30. This sharp drop comes amidst a broader market sell-off, triggered by a brief rally that saw Bitcoin surge to $95,000.
Despite the bloodbath that took place on the "streets" of the crypto market, it seems that this local bear market is far from over. At least that is what the Bollinger Bands for the third largest cryptocurrency, XRP, indicate.
Ju insists that the recovery of the Bitcoin market is heavily tied to United States investors' sentiment.