The Singapore Exchange (SGX) is preparing to launch Bitcoin perpetual futures in the second half of 2025. This move aligns with the growing trend of crypto derivatives, with other major exchanges, such as Japan's Osaka Dojima Exchange, also planning to introduce Bitcoin futures.
BTC bears retook control, and the asset is now struggling to stay above $80,000.
Juxtaposing the price forecasts made in late 2024 with the actual trading in the first quarter (Q1) of 2025 reveals that the cryptocurrency market has not been performing as expected.
Crypto prices and stocks alike are falling Monday, with Bitcoin diving as traders react to President Trump's recession comments and more.
crypto.news caught up with CoinW to discuss the current crypto market climate, Bitcoin's possible trajectory, ongoing macro tensions, and the beleaguered altcoin landscape.
Strategy (NASDAQ: MSTR) – formerly known as MicroStrategy – has been suffering from a period of stock market decline in recent trading.
Ethereum, Solana, and Toncoin hit by millions in outflows; but Bitcoin took the biggest hit with $2.59 billion leaving funds.
Bitcoin (BTC) is trading at $82,327, hovering just above the $82,000 level, but still facing resistance amid ongoing market uncertainty. The recent sell-off driven by exchange outflows has hindered Bitcoin's ability to sustain upward momentum.
Samson Mow, the CEO at JAN3, has published an X post to talk to the Bitcoin community about the Strategic Bitcoin Reserve (SBR), and why the BTC price is currently plunging, instead of printing an Omega candle.
Arthur Hayes warns that Bitcoin could retest $78,000, with a potential drop to $75,000 if support fails, as open interest in BTC options intensifies volatility.
The United States push to maintain the dollar's global dominance through stablecoin adoption could have unintended benefits for Bitcoin, as the world's largest cryptocurrency is emerging as a potential federal reserve asset.US Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world's global reserve currency during the White House Crypto Summit on March 7.
The price of Bitcoin, the leading cryptocurrency, collapsed to an intraday low of $79,355 on the Bitstamp exchange at 14:19 UTC.
Bitcoin is the real winner as it is exclusively being treated as a reserve asset, the report said.
Strategy is seizing the market downturn, unveiling a $21 billion stock offering to buy the dip on bitcoin, reinforcing its aggressive treasury strategy despite volatility.
Strategy is planning additional capital raises to fund Bitcoin purchases despite the recent market downslide and macro uncertainty.
Strategy Inc. (NASDAQ:MSTR), announced on Monday that it has filed to offer up to $21 billion in preferred stock to raise funds for Bitcoin (CRYPTO: BTC) purchases. What Happened: The sales agreement involves issuing 8.00% Series A perpetual strike preferred stock STRK with a par value of $0.001 per share, which holders can convert into Strategy's class A common stock.
The Utah Senate has passed a significant piece of legislation, known as HB230, aimed at integrating crypto into the state's legal framework.
Despite the prevailing bearish market trends, XRP continues to outpace Bitcoin in weekly inflows. While digital asset investment products saw significant outflows in the fourth consecutive week, XRP marks remarkable gains.
Crypto prices today, March 10, 2025, remain bearish, with Bitcoin and most altcoins registering massive price declines. The recent price decline has triggered concerns of a bear market after BTC saw its biggest weekly drop in more than two years.
Strategy founder Michael Saylor has urged the United States government to purchase up to 25% of Bitcoin's supply over the next decade, arguing that doing so could help the nation dominate the 21st century economy.
Shiba Inu (SHIB) traded steadily on Monday, March 10, 2025, following a week of modest fluctuations. However, the token has faced a significant decline over the past month, dropping 12.96% in the past week and 19.55% over the month.
After a brief pause, Michael Saylors Strategy (STRK) is back to accumulating Bitcoin (BTC). The company announced a massive $21 billion at-the-market (ATM) offering of its Series A preferred stock early Monday during U.S. trading hours.
Anthony Scaramucci, SkyBridge Capital founder and managing partner, joins 'Squawk Box' to discuss establishment of a U.S. strategic bitcoin reserve, state of crypto and bitcoin, long-term outlook, and more.
In a bold statement, Trump revealed that “The Treasury and Commerce Departments will also explore new pathways to accumulate additional Bitcoin holdings for the reserve.” This move signals a significant shift in how the U.S. government views cryptocurrencies.
The Bitcoin market has bounced back a bit during the early hours of Monday, as the market continues to look at the risk appetite for riskier assets such as Bitcoin. Ultimately, the market is one that looks a bit lost in the short term.
European lawmakers have remained silent on the United States' Strategic Bitcoin Reserve order, a landmark policy shift favoring early adopters of Bitcoin due to its economic model.US President Donald Trump's March 7 executive order outlined a plan to create a Bitcoin reserve using cryptocurrency seized in criminal cases rather than purchasing Bitcoin (BTC) on the market. Despite the significance of this move, European policymakers have yet to make any major public statements regarding Bitcoin reserves, raising questions about their stance on integrating BTC into national reserves.
Utah's State Senate has stripped a provision for a state-backed Bitcoin reserve from its recently passed crypto bill. The Blockchain and Digital Innovation Amendments bill (HB230) aims to establish clear guidelines for crypto use within the state.
Macro strategist Raoul Pal has shared his outlook for crypto investors amid recent market volatility, emphasizing that patience and proper risk management are essential for surviving this correction. What Happened: In a podcast on March 1, Pal described the downturn as part of a normal bull market correction, driven by tightening global financial conditions.
Samson Mow, CEO of Bitcoin-focused tech firm JAN3, has shared his perspective on the growing need for the United States to bolster its Bitcoin reserves.
El Salvador bought 5 more Bitcoins on Sunday, in addition to its usual 1 BTC per day. This purchase follows a previous acquisition of 5 BTC during a market dip. With this new addition, the country's total Bitcoin holdings have reached 6,111.18 BTC, valued at approximately $504 million.
Bitcoin continues to face massive selling pressure, with its price dropping below the $84,000 mark, marking a 15% decline since the start of March. This downturn has fueled panic selling and rising fear, with many investors now speculating whether Bitcoin is entering a bear market.
There is a chance that BTC would bounce higher to collect liquidity around $87k before further losses.
MicroStrategy has announced a new $21 billion stocks for bitcoin program as it continues to suck in tradfi demand.
Jamie Coutts, Real Vision crypto analyst, believes Bitcoin is gaining momentum as the US dollar declines, but he warns that two financial indicators could pose risks.
The cryptocurrency fell to a monthly low after markets were left unimpressed by Friday's highly anticipated White House Crypto Summit.
Weaker-than-expected U.S. jobs growth in February could prompt a dovish pivot by the Federal Reserve, analysts said.
In a bold financial move, Michael Saylor's Strategy has entered into a significant sales agreement, allowing the company to issue up to $21 billion worth of its 8.00% Series A Perpetual Strike Preferred Stock.
Michael Saylor's Strategy, the world's largest public corporate Bitcoin holder, is looking to raise up to $21 billion in fresh capital to purchase more BTC.On March 10, Strategy officially announced that it entered into a new sales agreement that would allow the firm to issue and sell shares of its 8% Series A perpetual strike preferred stock to raise funds for general corporate purposes, including potential Bitcoin (BTC) acquisitions. As part of the agreement deal, dubbed the “ATM Program,” Strategy expects to make sales “in a disciplined manner over an extended period,” taking into account the trading price and volumes of the perpetual strike preferred stock at the time of sale.
Solana has faced a sharp decline, plunging to a multi-month low amid broader market weakness. The altcoin's ongoing downtrend, exacerbated by recent technical indicators, has made a recovery uncertain.
The crypto market continues to face headwinds, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) remaining in a bear market. No good news, including the recent crypto summit, and Strategic Bitcoin Reserve (SBR) has helped the industry.
Spanish bank BBVA has said it received approval from the country's securities regulator to offer Bitcoin and Ether trading services in Spain.
In a massive development, MicroStrategy, now known as Strategy, has announced plans to raise $21 billion to buy more Bitcoin. The company intends to offer its preferred stock to raise this capital for its BTC acquisition plans.
Raising capital, acquiring Bitcoin, repeating the cycle: Strategy, formerly MicroStrategy, is back at it again. This time, the company is set to issue up to $21 billion in 8.00% Series A Perpetual Preferred Stock, a move that fits into its ongoing accumulation game plan.
The Singapore Exchange (SGX) is planning the introduction of perpetual futures contracts on Bitcoin by 2025.
A fresh round of purchases of bitcoin would bring the company's holdings above 500,000 tokens.
Since reaching an all-time high (ATH) of $109,114.88 on January 20, Bitcoin (BTC) has been on a steady decline, struggling to regain momentum amid persistent selling pressure and growing bearish dominance in the market.
This move could significantly impact Bitcoin's market dynamics and influence corporate treasury strategies globally. The post Strategy to offer $21 billion in preferred stock to expand Bitcoin holdings appeared first on Crypto Briefing.
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