Over 70% of South Korean investors in XRP, Bitcoin (BTC), and Ethereum (ETH) saw profits in 2024, according to a recent report shared by Chinese crypto journalist Colin Wu. XRP ranked second among Korean investor holdings at 16.44%, trailing only Bitcoin at 21.31%.
Bitcoin is steadily climbing, showcasing a strong, controlled uptrend that hints at further bullish momentum. Currently trading around $89,500, the leading cryptocurrency has made a series of higher lows, a clear sign that buyers are actively supporting the price.
The battle between XRP, the third-largest cryptocurrency by market cap, and Bitcoin (BTC) continues to show signs of weakness for the altcoin. A key technical indicator, the Bollinger Bands, is now signaling bearish momentum for XRP in its BTC trading pair.
Bitcoin evangelist and MicroStrategy Executive Chairman Michael Saylor has once again captured the crypto communitys attentionthis time through a viral Ghibli-style animation. In a recent post on X, Saylor shared an animated version of himself dressed in a suit over a T-shirt bearing the iconic Bitcoin (BTC) symbol.
Bitcoin hovered around $87,293 on Thursday, showing resilience despite a global market sell-off following U.S. President Donald Trumps announcement of a 25% tariff on foreign-made automobiles and auto parts, set to begin April 2. The tariff aims to support U.S. manufacturing but has triggered fears of a global trade war, sending equity markets lower and boosting safe-haven demand for gold.
Popular Bitcoin critic Peter Schiff has blasted GameStop for its recent pivot to Bitcoin, linking the move to the video game retailers stock decline. GameStops decision to raise capital through a convertible debt offering to fund future Bitcoin purchases sparked a short-lived rally but ultimately led to a drop of over 2% in GME shares.
The U.S. government has moved over $8 million worth of Bitcoin, according to blockchain analytics platform Arkham Intelligence. Most of the BTC was transferred to a change wallet, with Bitcoin currently trading at $87,326, based on CoinGecko data.
Gold surged to a new all-time high, briefly touching $3,060 after rising nearly $40. Renowned gold advocate Peter Schiff attributes the rally not to market uncertainty, but to a growing lack of faith in the U.S. dollar and expectations of persistent inflation well above the Federal Reserves 2% target.
Bitcoin mining is entering a new era as traditional shoebox ASICs face growing competition from hydro-cooled server rack units. Since ASICs emerged in 2013, the shoebox form factor has dominated.
GameStop (GME) shares plunged 25% on Thursday, erasing gains sparked earlier this week by the companys announcement to adopt Bitcoin (BTC) as a treasury reserve asset. The stock fell to just above $21, marking its lowest level since October and down over 28% from Wednesdays peak near $30.
Bitcoin's next breakout will likely require more than just liquidity growth, as analysts question its impact.
Robert Kiyosaki, an entrepreneur and an advocate of financial education, also famous for authoring the “Rich Dad Poor Dad” book in the late 1990s, has revealed what asset he is betting on more than on Bitcoin over the next few months.
South Carolina dismisses its lawsuit against Coinbase over staking services while simultaneously proposing a bill that would allow the state to invest in a Bitcoin reserve of up to 1 million BTC.
Renowned economist Peter Schiff slammed GameStop Corp.'s (NYSE:GME) Bitcoin (CRYPTO: BTC) investment strategy as the company's shares nosedived on Thursday. What Happened: Schiff took to X, chiming in on the video game retailer's pullback.
GameStop's announcement to purchase Bitcoin using $1.3 billion in convertible notes triggered a 22% stock plunge and NYSE short-selling restrictions as short volume surged 234% to near-2021 squeeze levels.
Senator Bernie Moreno wants the United States to start buying Bitcoin. He thinks the country needs a big pile of it, like a reserve.
Financial educator Robert Kiyosaki, best known for his book ‘Rich Dad, Poor Dad,' has recently shared an interesting insight, prioritizing silver over Bitcoin and gold. According to Kiyosaki, silver is poised for a substantial growth, with its price predicted to surge to $200 per ounce.
Bitcoin dips to $85K as GameStop eyes BTC buys and BlackRock launches a European Bitcoin ETP. Market eyes SEC shifts and technical support levels. The post Bitcoin Slides to $85K Despite $3B GameStop Buzz & BlackRock's ETF Launch appeared first on Cryptonews.
Ethereum's ratio against Bitcoin dropped to May 2020 levels, confirming a bearish setup. Analysts warn of a further 6% decline as ETH continues to lag behind BTC in 2025.
U.S.-listed spot Bitcoin ETFs have recorded a 10-day streak of net inflows, marking their longest run of positive momentum since December last year. The post U.S. Spot Bitcoin ETFs Extend Inflow Streak to 10 Days, Longest Since December appeared first on Cryptonews.
Ahead of the monthly close in the coming days, the crypto market, led by Bitcoin (BTC), has experienced rising bearish sentiment. The total crypto market cap dropped around 4.2 percent in the past 24 hours to hover about $2.89 trillion on Friday, during the early trading session for the Western financial markets.
Bitcoin (BTC) risks falling into a fresh bear market as a large collection of BTC price metrics produces a “bearish divergence.”In a social media discussion on March 27, Bitcoin commentators flagged troubling signals from the Capriole Investments' Bitcoin Macro Index.
The adoption rate of Bitcoin is skyrocketing, and even the popular gaming organization, GamesStop, has decided to adopt it for its treasury, affecting its stock price. This decision aligns with many companies like MicroStrategy, Metaplanet, and others.
The bitcoin market enters a pivotal day with the expiration of $16.5 billion in options, a record that could shape its short-term trajectory. While the $90,000 mark seemed within reach, an unexpected pullback has weakened bullish positions, providing sellers with a strategic opportunity.
South Carolina's Bitcoin investment bill could diversify state funds, hedge against inflation, and influence broader digital asset adoption. The post South Carolina proposes new bill authorizing up to 1 million Bitcoin investment appeared first on Crypto Briefing.
In an interview, Arthur Hayes—co-founder of the pioneering crypto derivatives exchange BitMEX—laid out his outlook for Bitcoin, predicting a momentous rally fueled by what he describes as “stealth printing” by global central banks. While Hayes has long stressed the crucial role of liquidity in driving the Bitcoin price, his latest remarks go even further, suggesting a new phase of expansion is imminent.
In Brazil, debates seem to be igniting about a possible creation of a national strategic reserve in Bitcoin. High-ranking government officials state that the issue is of public interest, as well as important and decisive for the country's prosperity. According to what reported, it seems that in Brazil, the creation of a State reserve in Bitcoin has become a hot topic.
Brazil's Vice President Geraldo Alckmin's (PSB) chief of staff, Pedro Giocondo Guerra, underscored on Wednesday the importance of establishing a national strategic Bitcoin reserve.
Pi Coin eyes a 15% rebound in April 2025 following a sharp selloff and bullish ascending triangle setup, while Bitcoin risks deeper correction after breaking down from a rising wedge.
Markets have been heavy since Thursday as President Donald Trump warned of deeper tariffs on Canada and the European Union in case the two collude and policies impact U.S. economic activity.
Bitcoin is taking a pause. While the flagship cryptocurrency struggles to sustainably break through the $86,000 mark, gold is smashing all records.
Cryptocurrency analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC). In a new strategy session, Svenson tells his 82,800 YouTube subscribers that technical analysis indicators are signaling that Bitcoin could break out from the long-term downtrend that started in December of 2024.
Bitcoin price is once again resting in the red amid a broader crypto market selloff today. Notably, the dip comes as market watchers eagerly await the upcoming US PCE inflation data, which might provide clarity on the Fed's future stance with their rate cut plans.
The crypto market has dropped today, March 28, with Bitcoin price dropping below $86,000. This decline in BTC price has also affected Ethereum, XRP, and Dogecoin.
Today, approximately $14.21 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are due to expire.
Bitcoin will break past its $109,000 all-time high sooner than expected despite recent volatile US macroeconomic conditions, according to a crypto analyst. “The market may be underestimating how quickly Bitcoin could surge – potentially hitting new all-time highs before Q2 is out,” Real Vision chief crypto analyst Jamie Coutts told Cointelegraph.
A new bill introduced in South Carolina proposes the creation of a state-run Bitcoin reserve with a cap of 1 million BTC. Filed on Mar.
One analyst said this indicates there's still institutional demand for bitcoin, despite inflows being modest compared to the past.
The ratio of Shiba Inu (CRYPTO: SHIB) supply held by long-term holders has reportedly surpassed that of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). What happened: As of this writing, 76% of SHIB holders have held their tokens for over a year, according to IntoTheBlock, while 22% have held on for more than a month but less than a year.
March 28, 2025 04:57:55 UTC Why Crypto Market is Crashing Today? Crypto market is crashing today due to weak momentum and resistance at key levels. Bitcoin is stuck around $87,000 with its RSI showing trader indecision. Ethereum dropped below $2,000 after facing rejection at $2,081, with its RSI signaling bearish pressure.
The cryptocurrency market was in the red on Friday, with Bitcoin (BTC) slipping below the $87,000-mark. Solana (SOL) and XRP registered sharper declines. The global crypto market cap stands at $2.83 trillion, down 1.01% in the last 24 hours. Trading volume over the same period has fallen 5.99% to $73.67 billion.
The bitcoin notes have a 35% premium over the company's Thursday closing price.
Bitcoin is trading just below the critical $90,000 level, struggling to regain bullish momentum after weeks of uncertainty. Market sentiment has shifted slightly — from extreme fear to cautious observation — but confidence remains fragile.
Investor demand for XRP weakens as the SEC delays action on Ripple appeal, leaving ETF prospects and legal clarity hanging in the balance.
Bitcoin price remained supported above the $86,000 zone. BTC is now consolidating and might aim for a move above the $88,000 resistance zone.
A fake video of Trump showing off the Satoshi whitepaper is making the rounds, but his real crypto revolution is no joke.
Bitcoin shows promising upward potential driven by whale activity, technical patterns, and institutional backing.
GameStop's announcement that it would invest in Bitcoin drove excitement across the crypto community. Within hours, the video game and electronics retailer experienced a significant hike in stock prices.