El Salvador has compliance reviews slated in June and September, with new rules to follow. If it fails, the country risks its loan package.
Bitcoin's price has been fluctuating recently, and its performance has raised questions about its future direction. Despite briefly climbing back to $95,000, Bitcoin has retraced to a low of $82,000, with an 8.57% drop in the last 24 hours.
The IMF said last month that its $1.4 billion deal with El Salvador would confine government purchases of bitcoin.
Bitcoin price rose 9% in the last 8-hours of Tuesday March 4 to reclaim the $87,000 level. Vital BTC trading indicators suggest BTC could struggle to hold the recent gains.
The cryptocurrency market is facing a significant downturn, with Bitcoin (BTC) dropping more than 10% in the past 24 hours, falling to a low of $82,858. This decline comes amid a broader market sell-off, which has led to over $1 billion in liquidations, with Bitcoin accounting for a large portion of that total at $372 million.
Bitcoin price started a fresh decline below the $90,000 zone. BTC is back below $88,500 and might struggle to regain bullish momentum.
Blackrock warns that bitcoin's scarcity is more severe than widely believed, predicting that if every U.S. millionaire sought just one BTC, there wouldn't be enough to meet demand. Blackrock Warns: Not Enough Bitcoin for Every Millionaire to Own Just One Blackrock, the world's largest asset manager, published a report on Feb.
President Donald Trump's surprise announcement about a strategic crypto reserve triggered an aggressive wave of volatility in the market. Bitcoin's abrupt spikes and drops in the past several days had a pronounced effect on the futures market, driving trading volumes, shifts in open interests, and large-scale liquidations.
Bitcoin's Open Interest plunges 14%, fear rises—could BTC rebound and surge toward $100K?
XRP eyes $3.55 as White House Crypto Summit nears—SEC appeal decision and crypto reserve plans in focus.
Until Sunday's social-media announcement from President Donald Trump about the planned strategic cryptocurrency reserve, Bitcoin (BTC 4.74%) wasn't doing so well, falling by 17% in the prior month. Now, it's almost entirely recovered.
Data shows the Bitcoin trader sentiment has plunged back into the extreme fear zone as the asset's price has erased its recent gains.
El Salvador purchased five Bitcoins today, and President Bukele claimed that the country doesn't plan to stop in the future. However, the government signed an agreement with the IMF mandating that the public sector can no longer voluntarily purchase BTC.
Bitcoin has encountered significant volatility, with market factors and geopolitical events making it difficult to predict where its price might settle, according to Standard Chartered head of digital assets Geoffrey Kendrick Kendrick highlighted that the recent sharp decline in Nasdaq futures and Bitcoin prices may signal a bottoming out, but geopolitical uncertainty continues to apply
Bitcoin, the world's largest cryptocurrency, has recently experienced significant price fluctuations, raising questions about its valuation. Jurrien Timmer, the Director of Global Macro at Fidelity Investments, has weighed in on the matter, stating that Bitcoin is no longer overpriced after its latest correction.
MARA and other bitcoin mining companies have faced increasing headwinds as mining difficulty has increased and BTC's price has fallen.
The investment bank notes that the market cap of high-profile U.S. miners has dropped with the price of Bitcoin.
BTC exchange flows offer a glimpse into investor sentiment and potential market moves.
Bitcoin developer Blockstream has received an investment worth billions of dollars to launch three institutional-grade Bitcoin investment solutions, the company has confirmed. Two of the funds will enable lending.
According to a Bloomberg report published on March 4, Mexican billionaire Ricardo Salinas has up to 70% exposure to Bitcoin (BTC) and related investments. The Bloomberg Billionaires Index estimates Salinas' current net worth at approximately $5.8 billion.
South Korean regulators could follow their Japanese counterparts should the latter grant approval to Bitcoin ETF applications, a new report has claimed. The post South Korean Regulators May Follow Tokyo's Lead on Bitcoin ETF Approval – Report appeared first on Cryptonews.
Hut 8 Corp. has reported $80.7 million in crypto-related revenue for 2024, driven by bitcoin mining and GPU-as-a-service operations. The company expanded its bitcoin reserve to 10,171 BTC and secured a $125 million partnership with Bitmain. Hut 8 Expands Bitcoin Mining and Digital Infrastructure with $125M Bitmain Deal Hut 8 Corp.
El Salvador President Nayib Bukele says the country will keep buying at least one Bitcoin a day, despite pressure from the International Monetary Fund.
The Bitcoin price action is showing strong bullish signals, as a rare Inverse Head and Shoulder pattern has just broken out and retested its neckline. This technical setup suggests that Bitcoin could be gearing up for a mega rally to $300,000 soon.
A financial “heart attack” is coming—will crypto be the lifeline investors need?
President Bukele reaffirmed that El Salvador Bitcoin Accumulation will continue despite recent information regarding IMF conditions for granting a $1.4 billion loan.
Blockchain analysis reports from Arkham Intelligence indicate that North Korea's Lazarus Group has fully laundered the ethereum (ETH) proceeds from the Bybit breach, with a significant share of the assets now converted into bitcoin (BTC).
Physical Bitcoin may seem like a curious concept to those new to the cryptocurrency world.
Bitcoin's 30-day price volatility dropped to its lowest since June last month.
Bitcoin (BTC) climbed back to $88,900 on March 5 after dipping to a daily low of $81,500 earlier in the day, recovering most of the losses recorded over the past 24 hours.
Bitcoin (BTC) has faced a rough start to 2025, as global economic uncertainty and a shift towards safer assets like gold have weighed heavily on the cryptocurrency. New trade tariffs and macroeconomic concerns have led to a decline in Bitcoin's price, but Fundstrat's Tom Lee remains optimistic about the digital asset's future.
Large-cap coins still seem to be following Bitcoin's momentum.
El Salvador's President Nayib Bukele has stated that the country will continue buying Bitcoin (BTC) despite conditions set by the International Monetary Fund (IMF) in a recent financial agreement. The IMF had included restrictions on further government Bitcoin purchases as part of a $3.5 billion financing deal, but Bukele made it clear that his administration
As of 4:35 p.m. ET on March 4, 2025, bitcoin commanded a valuation of $88,165, boasting a market capitalization of $1.72 trillion and a 24-hour trading volume of $69.81 billion. The digital asset oscillated between an intraday trough of $81,463 and a peak of $88,825, reflecting a market teetering between hesitation and ambition.
El Salvador buys another 1 BTC to strengthen Strategic Reserve
Are longtime holders gearing up to sell? Some $22 million worth of Bitcoin just moved from a half-dozen wallets after 14 years.
The Bitcoin volmex implied volatility 30-day index further a four-day green streak, marking spot price swings as Trump's tariffs rocked markets.
The addresses were controlled Iranian national Behrouz Parsarad, the alleged administrator of the Nemesis darknet marketplace.
With the remarkable Bitcoin volatility, and after briefly surging earlier this week before dropping again. Is a Bitcoin price surge expected ahead of or after the upcoming White House Crypto Summit?
A clause in the country's recently-completed IMF financing deal suggested a prohibition against El Salvador accumulating any additional bitcoin.
BlackRock also said that there isn't enough room for every U.S. millionaire to accumulate 1 BTC.
Coinbase co-founder and CEO Brian Armstrong believes the US crypto strategic reserve recently announced by President Donald Trump should exclusively consist of Bitcoin (BTC). On the social media platform X, Armstrong says having “just Bitcoin” in the US crypto strategic reserve “would probably be the best option.
Widely followed quant analyst PlanB says Bitcoin's (BTC) latest correction is now raising questions as to whether its bull cycle is on the verge of ending.
As bitcoin holds steady above the $88,000 threshold, Michael Saylor's Strategy (formerly Microstrategy) maintains a 29% gain on its extensive BTC holdings. Meanwhile, MSTR shares have climbed more than 11% over the past week, defying the broader downturn in the crypto sector.
The US manufacturing PMI has entered expansion mode for two months in a row, setting the stage for a positive reversal in the business cycle.
Bitcoin's price has surged above $88,000 despite ongoing market uncertainty fueled by escalating trade tensions between the United States and Canada. However, the cryptocurrency market remains volatile as investors react to President Donald Trump's latest tariff measures, which have triggered a series of retaliatory actions.
Cryptocurrency markets have bounced back into the green on Tuesday, recovering from earlier losses as excitement builds ahead of the crypto summit on Friday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $87,881.40 +2.5% Ethereum (CRYPTO: ETH) $2,167.42 +2.3% Solana (CRYPTO: SOL) $143.26 +0.6% XRP (CRYPTO: XRP) $2.49 +5% Dogecoin (CRYPTO: DOGE) $0.2003 +0.09% Shiba Inu (CRYPTO: SHIB) $0.00001308 +1.1% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 32.8% and daily active addresses growing by 20.4%.