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news-imageMarch 16, 2025

Toncoin (TON) Skyrockets by Double Digits, Bitcoin (BTC) Holds Steady at $84K (Weekend Watch)

TON is among the few alts with notable gains over the past day.
Publisher: CryptoPotato
Sentiment: Positive
BTC
TON

More News Articles

Negative
cover-imageCointelegraph
March 16, 2025

Bitcoin whale bets $368M with 40x leverage on BTC decline ahead of FOMC

A Bitcoin whale is wagering hundreds of millions on Bitcoin's short-term decline, ahead of a week filled with key economic reports that may significantly impact Bitcoin's price trajectory and risk appetite among investors.A large crypto investor, or whale, has opened a 40x leveraged short position for over 4,442 Bitcoin (BTC) worth over $368 million, which functions as a de facto bet on Bitcoin's price fall. Leveraged positions use borrowed money to increase the size of an investment, which can boost the size of both gains and losses, making leveraged trading riskier compared to regular investment positions.

Positive
cover-imageUToday
March 16, 2025

Bitcoin (BTC) to $1 Million? Samson Mow Reveals Timeline

Samson Mow has long been vocal about his $1 million per Bitcoin (BTC) valuation and, despite all the recent price perturbations of the major cryptocurrency, is still standing by his words. But as with great power comes great responsibility, every wild prediction comes with a question - when?

Negative
cover-imageNewsBTC
March 16, 2025

Bitcoin To $10,000? Top Analyst Issues A Stark Warning

An analyst revealed on Friday that Bitcoin might suffer a 91% decline from the coin's all-time high of $109,000 per coin in January 2025, suggesting that the most popular cryptocurrency could potentially crash. Related Reading: 200 Million XRP On The Move—Is Ripple Preparing For A Big Play?

Positive
cover-imageCointelegraph
March 16, 2025

Bitcoin experiencing “shakeout” not end of 4-year cycle: analysts

Bitcoin's historic bull cycle is still intact, despite widespread investor fear over the current correction, which may only be a temporary “shakeout” ahead of the next leg up, according to crypto market analysts.Bitcoin's (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump's inauguration, Cointelegraph Markets Pro data shows. Despite investor sentiment dropping into “Extreme Fear” multiple times, historic chart patterns suggest that this may just be a price shakeout — a sudden price drop caused by multiple investors exiting their positions, preceded by a sudden price recovery.

Positive
cover-imageCointelegraph
March 16, 2025

Bitcoin experiencing ‘shakeout,' not end of 4-year cycle: Analysts

Bitcoin's historic bull cycle remains intact despite widespread investor concerns over the current downturn, which analysts suggest may be just a temporary “shakeout” before the next upward move in the market.Bitcoin's (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump's inauguration, Cointelegraph Markets Pro data shows. Despite investor sentiment dropping into “Extreme Fear” multiple times, historic chart patterns suggest that this may just be a price shakeout — a sudden price drop caused by multiple investors exiting their positions, preceded by a sudden price recovery.

Positive
cover-imageCrypto Economy
March 16, 2025

We Explain How Trump's Bitcoin Reserve Works in the U.S.

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.

Positive
cover-imageCointelegraph
March 16, 2025

Toncoin open interest surges 67% after Pavel Durov departs France

Toncoin Open Interest (OI) has jumped 67% over the past 24 hours following Telegram founder Pavel Durov's reported departure from France, where he had been required to stay since his arrest six months ago.On March 15, Toncoin (TON) OI — a metric tracking the total number of unsettled Toncoin derivative contracts such as options and futures — reached $169 million, representing a 67% increase from the previous day when the reports of Durov's departure first surfaced, according to CoinGlass data. Toncoin open interest reaches highest level in 42 days It is the highest level of OI in Toncoin since Feb. 1, when it was sitting at $171.49 million.

Positive
cover-imageCointelegraph
March 16, 2025

Toncoin open interest soars 67% as Pavel Durov departs France

Toncoin Open Interest (OI) has jumped 67% over the past 24 hours following Telegram founder Pavel Durov's reported departure from France, where he had been required to stay since his arrest six months ago.On March 15, Toncoin (TON) OI — a metric tracking the total number of unsettled Toncoin derivative contracts such as options and futures — reached $169 million, representing a 67% increase from the previous day when the reports of Durov's departure first surfaced, according to CoinGlass data. Toncoin open interest reaches highest level in 42 days It is the highest level of OI in Toncoin since Feb. 1, when it was sitting at $171.49 million.

Negative
cover-imageBitcoinist
March 16, 2025

Bitcoin Bullish Trend In Jeopardy As BTC Price Stumbles Near $85,211

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.

Negative
cover-imageTokenpost
March 16, 2025

21Shares to Liquidate Bitcoin and Ethereum ETFs Amid Market Decline

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.

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