At one point the trader was just $50 away from being liquidated.
Bitcoin and crypto are back liquidating late longs as the Wall Street open brings a fresh round of sell-side pressure with markets keen for Trump reserve cues.
Metaplanet purchased 156 BTC for $13.4M at an average price of $85,890 per BTC. The firm now holds 2,391 BTC, worth $196.3M, with a BTC yield of 31.8% in 2025.
Bitcoin's rally was triggered by President Donald Trump's plan for a “US Crypto Reserve,” which would include BTC, ETH, SOL, XRP and other assets.
The crypto industry has rallied behind Bybit after a hack in which North Korean hacker group Lazarus stole over $1.4 billion.
Bitcoin's price action proves once again that the crypto market is anything but predictable. Yesterday, it jumped 10% to a high of $93,604.
Fireblocks users can now earn yield on their BTC holdings via BOB's network
The Trump pump may prove to be short-lived, as Bitcoin, Ethereum, and other major assets are cooling off following Sunday's surge.
An announcement by Donald Trump has reignited the market: the Crypto Strategic Reserve, a move that has restored confidence and bull in the markets.
Business intelligence firm Strategy did not purchase any Bitcoin between Feb. 24 and March 2.
Canaan mined 82 Bitcoin in February, boosting holdings to 1,355 BTC, while surpassing Q4 revenue guidance with $89M, driven by operational upgrades and strategic expansions in its global mining footprint. The post Canaan Mines 82 Bitcoin in February, Surpasses Q4 Revenue Guidance with $89M appeared first on Cryptonews.
Bitcoin broke above $90,000 over the weekend, opening another gap in the CME futures market.
Here's the summary of the top three crypto news stories over the past weekend presented to you by U.Today.
After recking stocks, and crypto, with yet another intervention at the top of the range, president Donald Trump has now delivered the boost at the bottom.
Ethereum Foundation is making personnel changes, Bybit exchange is dealing with the aftermath of the hack, SEC continues to close investigations into cryptocurrency companies, and other events of the outgoing week.
Bitcoin skyrockets 10%, Cardano's ADA up to 60% and Ripple's XRP up to 25% within 24 hours of U.S. President Trump announcing his support for a Crypto Strategic Reserve. Meanwhile, Switzerland's central bank rejects the idea of holding bitcoin reserves and the Ethereum Foundation names two new executive directors.
The co-founder and head of research at Fundstrat Global Advisors is revealing his downside price target for Bitcoin (BTC) for the end of the month.
Ethereum recently failed to breach the $2,500 resistance, leading to a pullback. The altcoin king has since fallen, now trading at $2,354.
President Trump's social media post on a crypto reserve sent markets soaring, but raised questions.
Fundstrat co-founder Tom Lee says Bitcoin price could surpass $150K before the end of the year despite a shoddy end to February. The investor pins his projection on rising institutional adoptions and previous dizzying rallies that characterize Bitcoin's price actions.
The matter of the promised U.S. strategic cryptocurrency reserve has been a much-discussed topic and, after something of a hiatus, is once again becoming consequential in early March.
Open Interest (OI) on Ether rises in astronomical levels: can the largest altocoin's price follow suit?
TL;DR Donald Trump announced the creation of a Strategic Crypto Reserve, which will include Bitcoin, Ethereum, XRP, Solana, and Cardano. The decision has been heavily criticized by Bitcoin maximalists, who argue that the selection of altcoins goes against the principle of decentralization.
Michael Saylor remains steadfast in his bitcoin strategy, with Strategy holding nearly 500,000 BTC worth $33.1 billion, while he pushes for crypto policy advancements in Washington.
White House-appointed ‘Crypto Czar' David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL)—before joining the administration. What Happened: In an X post on Monday, Sacks cited a Financial Times report detailing his crypto holdings.
Bitcoin has rebounded by 20% in just a few days. But behind this spectacle of volatility lurk insidious risks.
TL;DR Bitcoin's hashrate surpassed 750 EH/s, driven by increased investment in infrastructure and security. Active miners now exceed 4.8 million, strengthening network stability but also increasing mining difficulty. BTC futures open interest reached $25 billion, with a possible rise above $30 billion, which could drive the price higher.
The United States is going to create a “Digital Asset Strategic Reserve” according to Donald Trump, and the crypto markets in general have responded. As a result, we have seen a lot of momentum reenter the market.
The rivalry between Ethereum and Solana has taken a new twist with the current outlook of the DEX metrics over the past month. According to data from DeFiLlama, Solana has retained the top spot per DEX volume in the past 24 hours.
The popular online streamer and adult content creator Amouranth, suffered a violent home invasion where attackers demanded bitcoin.
As the crypto market kicks off March on a positive note, veteran trader Peter Brandt shared his perspective on Ethereum's price action. In a tweet, Brandt stated that the "Ethereum (ETH) chart can now be viewed as a potential 11-month rectangle.
Standard Chartered says $500,000 bitcoin target back in focus, after Trump's Crypto Strategic Reserve plan boosts market.
On March 3, 2025, while bitcoin (BTC) traded between $92,809 to $93,206 per coin, six distinct addresses initially generated in 2011 transferred about 250 BTC—valued at roughly $23 million—for the first time in 12 years.
Ethereum price declined on Monday as investors took profit following Sunday's double-digit rise. The crypto coin was at $2,366 and down by 6.2% on the daily chart at press time, subdued by underlying bearish sentiment tied to concerns over global trade tariff war.
Historical data suggests bitcoin's recent surge could be short-lived.
MicroStrategy, now known as Strategy, failed to make any Bitcoin purchases. The company didn't also sell any shares, a move that usually precedes its BTC purchases.
Donald Trump's decision to include select cryptocurrencies in the U.S. Crypto Strategic Reserves has stirred intense debate in the crypto space. According to CryptoQuant CEO Ki Young Ju, the U.S. is now using the crypto market as a strategic tool, especially for its national interests.
The marker keeps growing today, according to CoinMarketCap.
Analysts at Bernstein have raised concerns that expanding the proposed U.S. Crypto Strategic Reserve to include blockchain assets beyond Bitcoin (CRYPTO: BTC) using Federal Reserve or Treasury funds faces significant hurdles, despite a bullish market response to President Donald Trump's weekend announcement. The reserve, unveiled ahead of Trump's Crypto Summit scheduled for Friday, includes five digital assets—Bitcoin, Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), Ripple (CRYPTO: XRP), and Cardano (CRYPTO: ADA)—sparking debate over its feasibility and funding.
Donald Trump's announcement regarding the creation of a national cryptocurrency reserve, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), has stirred reactions within the crypto industry. While this initiative aims to strengthen the position of the United States as a sector leader, Coinbase CEO Brian Armstrong believes that a reserve composed solely of Bitcoin would be the best option.
MicroStrategy holds 499,096 BTC worth $33.1B, with an average purchase price of $66,357 per BTC but made no new acquisitions last week.
Ethereum's price has recently experienced a massive drop, coming much earlier than expected, as ETH has failed to make a new all-time high like Bitcoin. Yet, the bull market for the second-biggest crypto might not have begun yet.
Trump aims to establish a U.S. Crypto Reserve to revitalize the digital asset industry. He claims it will counter “corrupt attacks” by the Biden Administration.
Tom Lee, Fundstrat Capital's head of research and a regular contributor to CNBC's Fast Money, has spoken to CNBC's Squawk Box this time, talking to them about the prospects of Bitcoin for this year as 2025 continues to unwrap.
Tom Lee, Fundstrat Capital's head of research and a regular contributor to CNBC's Fast Money, has spoken to CNBC's Squawk Box this time, talking about the prospects of Bitcoin for this year as 2025 continues to unfurl.
Bitcoin surged 8% to peak at $95,043 after Trump's crypto reserve plan announcement. BTC is trading at $91,821.69, with a $1.82 trillion market cap and a 209% volume surge.
President Donald Trump injected a shot of enthusiasm into crypto markets on Sunday when he announced the five cryptocurrencies that will comprise his U.S. strategic crypto reserve. Trump Announcement Triggers Bitcoin Surge Bitcoin's price experienced a 10% surge following President Donald Trump's announcement of a U.S. strategic cryptocurrency reserve.
Prominent pseudonymous crypto trader Eugene Ng Sio is eyeing a measured approach to the current market conditions following President Trump's strategic cryptocurrency reserve announcement that sent Bitcoin (CRYPTO BTC) above $94,000 on Sunday. What Happened: Major cryptocurrencies have slightly retraced following the Sunday rally, with all proposed ‘reserve cryptocurrencies' trading above Friday's highs.