XRP bear market signals have become more conspicuous against the backdrop of February's high selling pressures. Technical indicators now point to a potential 50% price decline, also fueled by the broader crypto market's downward trend and recent US policy decisions.
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.
In early 2011, three developers — David Schwartz, Jed McCaleb and Arthur Britto — were attracted by Bitcoin but aware of the waste associated with mining. They aimed to develop a more sustainable way of sending value.
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.
XRP, the payments-focused cryptocurrency linked to Ripple, plummeted over 27% in the week ending March 9, marking its steepest decline since November 2022, according to TradingView and CoinDesk data. This sharp drop has put intense focus on the critical $1.95 support level.
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.
The cryptocurrency fell to a monthly low after markets were left unimpressed by Friday's highly anticipated White House Crypto Summit.
A move below the said support would trigger a major bearish reversal pattern, the price chart shows.
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.
The crypto market took a hit today, with Bitcoin dropping 4% to $82,176, marking an 11% decline for the week. The overall market fell 7%, with major altcoins like ETH, SOL, and XRP seeing losses between 7-9%. This downturn is fueled by rising tensions in the U.S.
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.
Ripple co-founder and executive chairman Chris Larsen lost over $661 million worth of XRP last year, reportedly due to a hack of password manager LastPass.
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.
The upcoming April 16 will be a very crucial day for the XRP market. On that day, a US court will declare its final decision on the SEC lawsuit against XRP. Considering that the political climate in the U.S.