Robbie Mitchnick, Global Head of Digital Assets at BlackRock (NASDAQ:BLK), said a potential U.S. recession could act as a powerful driver for Bitcoin's (CRYPTO: BTC) next bull cycle, citing liquidity injections and fiscal responses as key catalysts. What Happened: Speaking with Yahoo Finance on Wednesday, Mitchnick explained that while Bitcoin has historically been perceived as "digital gold," recent price action has fallen short of this reputation.
Gold has surged to fresh record highs, leaving Bitcoin (BTC) trailing behind, with a growing divergence in performance between the two assets.
The Bank of Korea has stated it has not considered adding bitcoin ( BTC) to its foreign exchange reserves, emphasizing the need for extreme caution on this matter. Volatility: Crypto's Achilles Heel The South Korean central bank has stated that it has not explored adding bitcoin ( BTC) to the country's foreign exchange reserves.
MicroStrategy (formerly Strategy) (MSTR), the largest corporate holder of Bitcoin, has announced a $500 million perpetual preferred stock offering to bolster its BTC reserves and strengthen its balance sheet, cementing its status as the leading institutional player in the crypto market.
Cryptocurrency prices are seeing a slight recovery from Tuesday's decline with bitcoin (BTC) gaining 0.5% and the broader CoinDesk 20 Index (CD20) advancing 0.8% in the last 24 hours.
If you're patient enough, it's feasible to set and forget your investment in Bitcoin (BTC 0.87%), though it's probably a better idea to pay attention to it from time to time than it is to fully zone out.
BTC faces resistance at $85k, with weak demand and high leverage posing downside risks.
The bill calls for the state's Treasurer to allocate up to 10% of public funds to Bitcoin as part of a “financial innovation strategy.”
On Mar. 17, 2025, the Bank of Korea made the first comment about the possibility of adding Bitcoin to its reserves.
Amid the back-drop of tariff wars and real wars, gold has proven to be the safe haven once again. The price rocketed to $3,040, but has just hit the top of its ascending channel, and has been rejected.
PEPE is the other notable gainer from the larger-cap alts.
This happened during an appearance on Yahoo Finance's Market Domination Overtime. Mitchnick suggested that a recession could be the next “big catalyst” for Bitcoin, sending ripples through the crypto community and Wall Street alike.
Is the Bitcoin bull market over or is a jump to $200K by December 2025 likely?
Yesterday, U.S. spot bitcoin ETFs saw $209 million in total daily flows, marking the third consecutive day of positive flows.
Onchain sleuth ZachXBT claimed that the leverage trader is a "cybercriminal gambling with stolen funds."
Bitcoin and the broader crypto market risk losing $170 billion by June as macroeconomic headwinds, Fed rate uncertainty, and a bearish rising wedge pattern weigh on prices.
At one point today, the gold spot price touched an all-time high of $3,047. Since the beginning of 2025, the gold market has grown by around 15.51%.
Bitcoin trades around $83,000 as investors await the Federal Reserve's rate decision while whale activity increases and institutional interest returns.
With the dominant cryptocurrency now playing the role of “digital gold,” Solv wants to help institutional investors squeeze out as much yield as possible from the asset. Solv Protocol Secures $10M to Bring Bitcoin Solutions to Institutional Investors The U.S.
Bitcoin futures markets experienced a major deleveraging event followed by volume recovery, potentially setting the stage for a new market phase.
Strategy has announced that it plans to raise $500 million via stock offering in order to add more Bitcoin to its holdings amid market uncertainty.
A closely followed crypto analyst says that Bitcoin (BTC) may suddenly turn bullish based on one key indicator.
Bitcoin's price has corrected by 23% from its all-time high of over $109,000, recorded on January 20, the day of President Donald Trump's inauguration.
The new Donald Trump administration wants to buy as much Bitcoin as possible, at least according to a White House official.
Minnesota's Senator Jeremy Miller noted that he was initially skeptical about digital assets, however, he has transitioned to a supportive position after proper research. The post Minnesota Senator Introduces Bitcoin Act to Boost Adoption and State Investments appeared first on Cryptonews.
Bitcoin (BTC 0.20%) boosters sometimes refer to the cryptocurrency as digital gold because of its scarcity and limited supply. But could it be worth more than all of the actual gold that's in circulation someday?
Bitcoin's (BTC) price has historically experienced multiple bear traps. Depending on market conditions, these traps have appeared in short-term phases or larger timeframes.
The BOJ decision to hold rates steady keeps Japanese bond yields in check, limiting pressure on bitcoin's price.
Bitcoin faces strong resistance at the $84,000 mark, its 200-day SMA, while a MACD crossover on the 2-week chart suggests a potential macro trend reversal after the FOMC meeting.
A Bitcoin whale recently closed a massive short position worth $516 million, securing a profit of $9.4 million in just eight days.
On Jan. 20, Bitcoin (BTC 0.09%) hit a new all-time high of more than $109,000. At the time, many investors were expecting the pro-crypto policies of the incoming Trump administration to send the price of Bitcoin soaring even higher.
The number of publicly traded companies buying and holding Bitcoin (BTC) has surged to 80 in 2025, a 142% increase from just 33 companies in 2023.
Minnesota State Senator Jeremy Miller has introduced the Minnesota Bitcoin Act, a proposal he created after a complete shift in his views on Bitcoin. Minnesota could become one of the first states to use Bitcoin and other cryptocurrencies for state investments, retirement plans, and tax payments.
The 2024 was a record year, beyond all expectations.
Listen to the latest episode of 'Bitcoin Season 2' on the CoinDesk Podcast Network!
Data shows Bitcoin has recently seen an increase in futures trading volume, breaking away from the likes of Ethereum (ETH) and Solana (SOL).
North Carolina is making a bold move into cryptocurrency with the introduction of the Bitcoin Reserve and Investment Act (SB327). If passed, the bill would allow the state to allocate up to 10% of its public funds into Bitcoin.
Bitcoin holds steady at $83,180 as institutional demand surges. MicroStrategy buys more BTC, Gemini hints at an IPO, and traders eye a breakout above $83,500. The post Bitcoin Eyes $85K as Institutions Bet Big—Will the Rally Last? appeared first on Cryptonews.
The expected end of quantitative tightening could bode well for BTC and other risk assets, but gains may be tempered by stagflationary adjustments in economic projections.
Bitcoins price is struggling against key resistance levels, with the 200-day Exponential Moving Average (EMA) once again rejecting its recovery attempts. Currently trading at around $82,000, Bitcoin remains in a downward trend after failing to reclaim bullish momentum.
Bitcoin dipped 2.2% to $82,038.9 on Tuesday as the U.S. Federal Reserve began its two-day policy meeting ahead of a key interest rate decision. The crypto market remained cautious, with investors seeking clarity on rate direction and the economic impact of new tariff policies under President Donald Trump.
Bitcoin remained flat on Wednesday as investors awaited the Federal Reserves interest rate decision. The worlds largest cryptocurrency traded at $83,006.50 by 01:23 ET (05:23 GMT), struggling for direction after losing 1.5% in the previous session, briefly dipping below $82,000.
Bitcoin exchange-traded funds (ETFs) witnessed a significant turnaround on Tuesday, recording a net inflow of $209 million after a prolonged dry spell. The surge was driven entirely by BlackRocks iShares Bitcoin Trust ETF (IBIT), which attracted $218 million in fresh capital.
After U.S. President Donald Trump signed an executive order to create a strategic cryptocurrency reserve, the government is now exploring ways to buy Bitcoin without using taxpayer money. This move marks a big shift in its approach to digital assets and could push Bitcoin's price to $100K soon.
The current Bitcoin cycle looks different from past ones. According to a crypto analyst, identified as PlanC, instead of sudden drops and fast recoveries like in 2017, the Bitcoin market may move sideways for longer periods during this cycle.
The chief executive of a prominent analytics firm is suddenly turning bearish on Bitcoin, saying BTC has hit a major cycle top. CryptoQuant CEO Ki Young Ju tells his 417,200 followers on the social media platform X that on-chain data suggests that Bitcoin will not print new highs for at least half a year.
Bitcoin (BTC) exchanges are getting a key “deleveraging event,” which should shape future gains, new research says.In one of its “Quicktake” blog posts on March 17, onchain analytics platform CryptoQuant revealed a $10 billion capitulation on Bitcoin futures markets. Bitcoin sees “essential” event for BTC price rebound Bitcoin derivatives traders have flipped firmly risk-off since BTC/USD hit its current all-time highs in mid-January.