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.
Spanish bank BBVA has said it received approval from the country's securities regulator to offer Bitcoin and Ether trading services in Spain.
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.
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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The service will eventually be available to all customers of the 150-year-old bank, which is among Europe's largest.
Bitcoin fell as low as $80,226 with the leading altcoins all registering significant losses.
Bitcoin pioneer cryptocurrency has been facing intense selling pressure, pushing its price to a multi-month low of $80k. This sharp decline triggered massive market liquidations, wiping out nearly $650 million in the past 24 hours.
Futures have emerged as a growing crypto trend, with major global groups, such as SGX and Japan's Osaka Dojima, reportedly looking to introduce Bitcoin futures in 2025.
Bitcoin Magazine's CEO suggests the U.S. DOJ might be selling Bitcoin seized from Silk Road, potentially impacting the market, though others cite broader economic factors influencing Bitcoin's price. The post U.S. DOJ May Be Selling Silk Road Bitcoin Holdings, Bitcoin Magazine CEO Suggests appeared first on Cryptonews.
Singapore-based exchange conglomerate is planning to launch open-ended Bitcoin future contracts in the second half of 2025.
TL;DR Bitcoin dropped to $80K amid significant market volatility, though it briefly recovered to about $82K. February marked the largest monthly loss since June 2022, with a 17.5% dip impacting Bitcoin along with other cryptocurrencies like Ether and Dogecoin.
El Salvador purchased 6 BTC in a single day, defying IMF calls to halt its Bitcoin strategy and boosting its reserves to 6,111 BTC.
A bill aimed at shaping Utah's approach to digital assets has cleared the state Senate, though a major provision allowing the state to hold Bitcoin BTC was removed before final approval.
Michael Saylor's Strategy holds almost 500,000 Bitcoin worth over $41 billion at current market prices.
Michael Saylor's Strategy holds almost 500,000 Bitcoin worth over $41 billion at current market prices.
The Singapore Exchange (SGX) marked a monumental stride on Monday, revealing plans to list open-ended Bitcoin futures contracts shortly ahead. This mover gained significant traction amid global pro-crypto developments, such as Trump's push for a strategic Bitcoin reserve and crypto stockpile.
Bitcoin mining company Bitdeer has just announced the successful testing of its latest Bitcoin mining chip, SEAL03, following tape-out. The post Bitdeer Completes Testing of Latest SEAL03 Bitcoin Mining Chip appeared first on Cryptonews.
Utah's Bitcoin reserve bill was amended to exclude plans to allow state treasurer to make BTC investments.
Japan's 20-year government bond yield has surged to its highest level since 2008, triggering concerns that risk assets like bitcoin could face renewed selling pressure. The yield rose to 2.265% last week amid growing speculation that the Bank of Japan (BOJ) may raise interest rates to combat inflation and manage its large public debt burden.
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Bitcoin advocate Samson Mow has once again shared a bold prediction about the world's largest cryptocurrency. The Jan3 CEO now believes that Bitcoin could reach $1 million much sooner than his previous forecast of 2031.
Financial author Robert Kiyosaki warns of a market crash threatening baby boomer retirements and urges investors to choose physical gold, silver, and Bitcoin over ETFs and traditional investments.
Old-school commodities trader Peter L. Brandt, who has been in the business since the middle 1970s, has published a tweet where he showed two bearish patterns he spotted on a Bitcoin chart.
President Donald Trump's highly anticipated crypto reserve announcement and the White House Crypto Summit have fallen flat, failing to ignite a crypto market rally. The global crypto space is currently navigating a bearish period with the total market cap slipping to $2.73 trillion, down by 3.09%.
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.
The Singapore Exchange plans to list bitcoin perpetual futures in the second half of 2025, targeting institutional clients and professional investors, Bloomberg News reported on Monday.
Bitcoin price dropped to $80,000 on March 10, 2025, as cryptocurrencies continue to struggle under bearish trends. The high selling pressure has stirred speculation about whether BTC could crash to the sub-$80K levels.
TL;DR BBVA Spain received regulatory approval to offer Bitcoin and Ethereum trading, marking its digital asset expansion; customers can trade via the bank's mobile app. The service, initially for select users, uses BBVA's in-house custody platform, ensuring security and a user-friendly experience without advisory services.
A leading Spanish bank has secured official authorization from the nation's financial regulator to begin offering Bitcoin (BTC) and Ethereum (ETH) trading services to its clients.
Is history repeating itself with another sell-the-news event from a major U.S. event?
Utah lawmakers removed the Bitcoin reserve provision, but the state's blockchain bill still moves forward.
This week in crypto, several big news are in the pipeline, capable of influencing the portfolios of respective ecosystem participants.
"Although this indicates a slowdown in the pace of outflows investor sentiment remains bearish," wrote CoinShares Head of Research James Butterfill.
South Korea considers adding Bitcoin to national reserves and developing a won-backed stablecoin following Trump's crypto initiatives.
SGX targets institutional investors with a regulated alternative to crypto derivatives
Saylor has suggested that the United States could unlock up to 100 trillion dollars in economic value over the next ten years.
Bitcoin's price tumbled 11% over the weekend following Trump's executive order to use seized BTC for reserves, while broader macroeconomic pressures and bearish technical signals point to further downside.
The statistical tool highlighted a broad price target for Bitcoin, which ranged between $51,430 and $713,000, with a mean average of $258,445 by September 2025.
The Utah government has become the first to pass a Bitcoin bill soon to become law. Bitcoin has fallen once again to the $82K level in the last 24 hours.
Heavy selling continues to take place for Bitcoin (BTC). Is it a done deal that the price now falls to the low $70,000s, or is there still some hope left for the Bitcoin bulls?
In yet another move exemplifying the increasing institutional adoption of crypto, particularly within the European banking sector, Spain's second largest Bank, BBVA, has announced its new trading service for Spanish customers. Rolling out after receiving the mandatory MiCA license, BBVA's new trading service, available by its mobile application, will allow users to buy, sell, and
The entire crypto market is deep in the red for the day.