Bitcoin's $84K+ stability, Gemini's record-breaking drone show, and UK crypto regulations—what's next for BTC? Key insights and price analysis inside. The post Bitcoin Drone Show Shatters Records as BTC Eyes $86K Breakout appeared first on Cryptonews.
TL;DR On March 6, 2025, Trump signed an executive order creating a strategic Bitcoin reserve in the U.S., consolidating its legitimacy as an asset within the financial system. The U.S. government will manage the BTC acquired primarily through confiscations, but it will not be allowed to sell them.
Last week, Bitcoin (BTC) experienced significant volatility. Conflicting market signals created bearish pressure, preventing traders from setting a clear directional trend. As a result, major altcoins like Ethereum and XRP dropped below crucial price points.
Bitcoin (BTC) continues to experience massive selling pressure as global trade war fears and macroeconomic uncertainty fuel market-wide fear. The price is holding above the critical $80K level but remains stuck below $85K, failing to establish a clear short-term direction.
As gold shatters its historical records by nearing $3,000 an ounce, Bitcoin wavers. The Bitcoin/gold ratio, a symbolic pillar for twelve years, has just broken its upward trend.
A crypto strategist known for making timely Bitcoin calls says BTC must clear one price area to signal the beginning of a fresh leg up. In a new video, pseudonymous analyst Credible tells his 69,000 YouTube subscribers that he's looking at Bitcoin's immediate resistance at $94,000.
The crypto market concluded yet another week, primarily sparking investor optimism with recovering price trajectories. Bitcoin (BTC) price recovered from a $76K low to reach $84K right ahead of the U.S. FOMC next week.
Bitcoin price prediction for March 2025 is one to expect, ahead of the upcoming FOMC meeting and Trump's strategic crypto reserve. What to expect for BTC price?
A cryptocurrency CEO has been convicted of wire fraud and money laundering after deceiving investors, raising millions through false claims, and laundering funds for personal luxury purchases.
Crypto analyst Madden has raised the possibility of the Bitcoin price rallying above $100,000 again, providing a bullish outlook for the flagship crypto. His analysis showed what is coming next for BTC and how it could reach this psychological price level.
BTC struggles under $85K amid ETF outflows and Trump's tariffs. Investors eye the Bitcoin Act's progress as a potential catalyst for demand.
Bitcoin's recent price movement near the $85,211 level has revealed several technical red flags, suggesting potential weakness in its bullish momentum. Despite multiple attempts to break through this critical resistance, BTC has struggled to maintain upward traction, signaling a possible shift in market sentiment.
Gold exchange-traded funds (ETFs) have overtaken Bitcoin ETFs in assets under management (AUM) as investors flock to the traditional safe-haven asset. Bitcoins price has plunged over 19% in the past three months, while gold has surged 12.5%, pushing gold ETFs ahead.
Crypto asset manager 21Shares is set to shut down two actively managed exchange-traded funds (ETFs) tied to Bitcoin and Ethereum futures due to a broader crypto market decline. The affected funds, ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY), will cease trading at market close on March 27, with liquidation expected around March 28, according to a press release.
Bitcoin is on a tear, surpassing $84,000 and nearing the $85,000 mark, igniting fresh enthusiasm in the crypto market. After weeks of outflows, BlackRock (NYSE:BLK), a major player in the space through its IBIT Bitcoin ETF, is back in buying mode.
Renowned gold advocate Peter Schiff has once again ignited debate over Bitcoins long-term viability. In a recent post on X, Schiff argued that Bitcoin (BTC) has been in a prolonged bear marketnot in dollar terms, but when measured against gold.
A technology investor who backed ridesharing app Uber in its early days has sparked backlash from the Bitcoin community after claiming Bitcoin will inevitably be replaced by something better.“Bitcoin has been a wonderful game, but with a couple giant players cornering the market, the timing is right to “build a better Bitcoin” — restarting the game,” prominent angel investor and internet entrepreneur Jason Calacanis told his 981,600 X followers on March 15.
A technology investor who backed ridesharing app Uber in its early days has sparked backlash from the Bitcoin community after claiming Bitcoin will inevitably be replaced by something better.“Bitcoin has been a wonderful game, but with a couple of giant players cornering the market, the timing is right to “build a better Bitcoin” — restarting the game,” prominent angel investor and internet entrepreneur Jason Calacanis told his 981,600 X followers on March 14.
BTC's Options market highlighted a bullish tilt, but there might be significant hedging too.
In the usual style of the high market uncertainty and volatility associated with the current bull cycle, the price of Bitcoin (BTC) fell to around $77,000 in the past week before rising by over 10% to successfully reclaim the $85,000 price zone.
Popular market analyst Egrag Crypto has dropped a Bitcoin price prediction due to the recent formation of a highly bullish chart pattern. The maiden cryptocurrency currently trades above $84,000 following its minor recovery in the latter part of last week.
Recent analyses confirm that onchain transactions for both Bitcoin and Ethereum have sustained minimal fee structures. Data reveals the Ethereum network's transaction costs have hovered below 1 gwei, while Bitcoin's protocol activity has experienced a marginal uptick in volume.
Short-term whales' P/L metric revealed that recent, large BTC buyers were deep underwater.
The UK Crown Persecution Service (CPS) has filed charges against a law enforcement agent for allegedly stealing 50 Bitcoin (BTC) in 2017. This development comes amidst continuous efforts by the UK Government to deliver a crypto legislative framework.
Clearstream introduces Bitcoin and Ethereum custody services, aiming to simplify crypto adoption for banks and large institutions.
The Bitcoin price has shown good signs of recovery over the past few days, briefly returning above the $85,000 level to kickstart the weekend. While BTC's price has often floundered towards the end of the week in 2025, the premier cryptocurrency would be hoping to have a different journey over the next few days.
Bitcoin remained relatively stable over the weekend after a volatile week in which it surged to an intraday high of $85,220 on Friday before experiencing modest fluctuations.
Fundstrat co-founder and managing partner Tom Lee remains highly optimistic about bitcoin's trajectory this year, emphasizing that his team has identified BTC as their top “favorite.” He further asserted that in 2025, bitcoin is poised to surpass gold in market performance.
The Bitcoin ETFs appear to be struggling as asset managers race to gain approval for altcoin ETFs, such as Dogecoin, Axelar, and Polkadot.
21Shares has announced that it is bringing down the curtain on its Bitcoin and Ethereum futures exchange-traded funds (ETFs). The issuer is eyeing March 28 as a tentative date for the liquidation of both ETFs amid a wave of new filings in the US.
Bitcoin's long traders have something interesting in store to look forward to.
With rising economic tensions, 2025 is shaping up to be a crucial year for BTC investors. Here's why now might be the best time to buy Bitcoin.
Bitcoin continues to challenge traditional financial markets and generates increasing interest among investors. For several years, it has been compared to gold, often presented as its digital equivalent.
Is a surge ahead or will it be a deeper correction for the world's largest cryptocurrency?
Rachel Maddow recently ran a Bitcoin FUD segment comparing BTC tokens to Beanie Babies. But literally everything the MSNBC host said about cryptocurrency was wrong.
A wind of dissent is blowing over Washington. A legislator is directly confronting Donald Trump's initiative to create a strategic reserve of Bitcoin and other cryptocurrencies.
The price of Bitcoin (BTC -0.08%) has now fallen through the $80,000 level, and some analysts are now warning that $70,000 is next. Bitcoin is now down nearly 25% since it reached an all-time high of $109,000 on Inauguration Day, and investors are understandably concerned.
The firm is liquidating its ARK 21Shares Active On-Chain Bitcoin Strategy ETF and ARK 21Shares Active Bitcoin Ethereum Strategy ETF amid the downturn.
According to a recent report, bitcoin mining companies privately run or traded on the stock market now hold over 100,000 BTC in their accounts. But there's a catch — these businesses have also taken on a hefty $4.6 billion in debt.
Rising gold prices and strong bitcoin ETF outflows have pushed gold ETFs ahead as the precious metal prices hit record.
Bitcoin price recovered modestly from its monthly lows, but struggled to cross the important resistance at $85,000.
Pro-crypto attorney Jeremy Hogan has spotlighted the subtle competition in the broader digital currency ecosystem, specifically featuring XRP and the Bitcoin (BTC) ecosystem. Addressing members of the XRP community, Hogan highlighted the fundamental difference between XRP and Bitcoin.
Following inflation easing signals observed in the latest U.S. CPI and PPI reports, investors are now closely monitoring key developments that could influence the prices of Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) in the week ahead. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) in Recovery as US CPI and PPI triggers $99B Surge Bitcoin
After a torrid start to the week, the price of Bitcoin appears to be finally stabilizing and building some bullish momentum. On Friday, March 14, the flagship cryptocurrency demonstrated this growing momentum, as it steadily climbed the charts and briefly crossed the $85,000 mark to close the week.
Brazil may be the next in line to legalize salary payments in Bitcoin, after the National Congress received a bill pushing for the move. According to reports, Congress received a bill that will allow employees to take their salaries and other remunerations in Bitcoin and other digital assets.
A widely followed crypto analyst and trader is warning that an altcoin market bounce may end up being short-lived. In a new post, pseudonymous crypto trader Altcoin Sherpa tells his 243,900 followers on the social media platform X that alts may give up gains after bouncing based on historical precedence.
Bitcoin ETFs experienced a net outflow of $938.8 million, marking the fifth consecutive week of the outflow trend. Similarly, ether ETFs also faced a net outflow of $178.43 million, extending their outflow streak to three weeks.