A report published by on-chain data aggregator Santiment has revealed that Bitcoin whales have started reversing in their market tactics and are buying back the BTC they sold recently.
The US government just made history by officially recognizing Bitcoin as a strategic reserve asset—a first for any global superpower. President Donald Trump's new Executive Order (EO) establishes a Strategic Bitcoin Reserve, ensuring that seized Bitcoin will be permanently held by the federal government.
Commerce Secretary Lutnick dismisses recession fears despite Bitcoin's decline to $80,000 and increasing market concern over Trump's upcoming tariff implementation.
Utah was on track to become the first U.S. state with a Bitcoin reserve, but that plan was scrapped at the last minute.
Bitcoin (BTC) continues to face massive selling pressure, with prices dropping below the $85,000 mark, marking a 12% decline since last Friday. The recent downturn has fueled panic selling and heightened fear, leading many investors to speculate about the potential start of a bear market.
Utah passed a blockchain bill without its planned Bitcoin reserve provision while Texas and Arizona lead states pursuing Bitcoin investments following Trump's federal reserve order.
Most people have heard about Bitcoin these days, and even those who still don't understand how it works might be aware that it's widely considered to be a kind of “digital gold”.
EL Salvador bypasses IMF's condition to limit Bitcoin purchases. Buys another 5 BTC on Sunday. The post El Salvador Acquires Additional 6 Bitcoins Despite IMF Deal to Limit BTC Purchases appeared first on Cryptonews.
Bitcoin is struggling this week, sliding to $82,000 despite Trump's efforts to boost sentiment. Key US economic data, including job openings, inflation reports, and consumer confidence, will shape BTC's next move. If inflation stays hot and jobless claims rise, risk assets like Bitcoin could take another hit.
Bitcoin plunges 4.1% to $82K as Trump's Strategic Bitcoin Reserve sparks volatility. Fed policy and inflation data could determine BTC's next move. The post Bitcoin Tanks 4.1% After Trump's Crypto Move—More Pain Coming? appeared first on Cryptonews.
Bitcoin fell to $80,000 in a Sunday selloff as Trump's crypto policies failed to impress investors despite his new Bitcoin reserve announcement.
El Salvador has reinforced its commitment to Bitcoin despite repeated cautions from the International Monetary Fund (IMF). On March 9, El Salvador's Bitcoin Office confirmed that the country acquired six BTC for around $500,000.
Bitcoin whales are buying the dip, but a head-and-shoulders breakdown signals potential downside. Will BTC rebound or extend its correction?
Shares of HIVE Digital jumped following the company's announcement of a 23% year-over-year rise in Bitcoin reserves.
Popular in words, forgotten in actions: bitcoin fascinates but does not convince. 4% of the earth's population believes in it, the others watch, perplexed, this digital gold without bars.
A surge in Japanese bond yields, coupled with geopolitical and economic uncertainties, is fueling concerns among traders that BTC could face a significant correction.
S&P 500 futures drop as traders brace for inflation data and trade uncertainty. Bitcoin falls 5% after U.S. strategic reserve plan disappoints investors.
Spain's second-largest lender will allow its clients to buy, sell and manage cryptocurrencies on its mobile banking app.
March 10, 2025 07:50:57 UTC Pi Network Price Crash More Than 10% Pi Coin price fell to as low as $1.26 before rebounding to $1.41, representing a 12% daily drop and 16% weekly. This downturn reflects the broader crypto market correction, as Bitcoin briefly plunged to $80,000 and many altcoins are in the red.
Uncertainty lingers around Bitcoin's next price trajectory as the general crypto market undergoes a robust whirlwind triggered by political events, economic shifts, and waning investor sentiment. However, there is still a chance that the asset might experience a rally soon, but there is a catch.
The crypto market has kicked off the week with a sharp downturn, as a wave of liquidations wiped out $620.5 million in the past 24 hours.
Bitcoin sees a bigger US dollar drop in a single week than ever before as risk-asset traders run for the exit.
Despite its rising prominence in financial markets, Bitcoin adoption remains limited, with only 4% of the global population currently holding BTC. The post Bitcoin Ownership Remains Niche: Only 4% of Global Population Holds BTC appeared first on Cryptonews.
El Salvador's President Nayib Bukele stated that the nation will not stop hoarding bitcoin after the infamous IMF deal, and the bitcoin office claims it is still purchasing bitcoin. However, statements made by IMF spokespersons indicate that these recent additions are consistent with the stipulations of the deal.
At the White House crypto summit, President Donald Trump said he expects stablecoin legislation on his desk before August.
Bitcoin's price has faced downward pressure recently, dipping to $80,186 and currently trading around $82,250, reflecting a more than 5% drop from previous levels.
DXY breakdown fuels rate cut bets, but Bitcoin's macro playbook is changing.
Spanish bank BBVA is launching a crypto trading service, enabling customers in Spain to buy, sell, and manage Bitcoin and Ethereum via its app.
Dogecoin has dropped nearly 11% in the past 24 hours to $0.17, its lowest price since early November, and is down 30% over the last month.
Bitcoin's price endured another bout of volatility over the weekend, shedding 5% on Sunday to dip below the $80,000 mark, before settling near $82,000. This latest decline places the cryptocurrency roughly 25% below its all-time high of $109,900.
A busy week lies ahead on the US economic calendar with key inflation reports due as crypto markets continue to weaken, but will they fall further?
Bitcoin prices continue to tumble as another week begins, meanwhile a prominent analyst has identified an ominous chart pattern.
Bitcoin Magazine CEO David Bailey has speculated that the U.S. Department of Justice might be rapidly conducting Silk Road BTC liquidations. In a Mar. 10 post on X, Bailey suggested that Silk Road liquidations could be happening despite U.S.
A clause in Utah's Blockchain and Digital Innovation Amendments bill, which would establish a Bitcoin reserve, was dropped right before the final Senate vote.
Bitcoin is considered as digital gold. Yesterday, the Bitcoin price dropped by around 6.37% – the most severe drop since the March 3 decline of 8.53%. Currently, at $82,362.27, the BTC market is struggling to recover from yesterday's correction.
Weekly flows for spot Bitcoin ETFs remained negative for the fourth consecutive week as macroeconomic factors continued to weigh heavily on investor sentiment.
The financial story of the United States may well be on the brink of a major turning point. As the national debt reaches new heights and economic tensions escalate, a key player in the crypto sector, Michael Saylor, proposes a bold strategy: to make bitcoin a national strategic asset.
An analyst who accurately called Bitcoin's correction in Q1 of 2024 believes BTC is close to printing a local bottom based on a technical momentum indicator. Pseudonymous analyst Rekt Capital tells his 542,00 followers on the social media platform X that Bitcoin's relative strength index (RSI) on the daily chart has plunged into oversold territory.
Bitcoin trades at $82K, struggling below key resistance levels as the Death Cross flashed bearish signs.
Jeff Park, Head of Alpha Strategies at Bitwise, asserted on Sunday, March 9, that US President Donald Trump will hold off on further Bitcoin purchases until it reaches a price close to $60,000.
Bitcoin has been experiencing a sustained downtrend despite maintaining a broader macro-bullish outlook. While long-term projections remain positive, short-term weakness suggests BTC may continue to face selling pressure.
The cryptocurrency market faced a sharp sell-off on Monday, with Bitcoin plunging to an intraday low of $80,000 and Ethereum shedding nearly 6%. The downturn comes despite recent pro-crypto developments in the US, including Donald Trump's announcement of a strategic Bitcoin reserve.
BBVA said Monday that it received regulatory approval to launch Bitcoin and Ether trading in Spain, allowing customers to trade crypto directly through its mobile app. The post Spanish Banking Giant BBVA Launches Bitcoin, Ether Trading Services appeared first on Cryptonews.
BBVA (BME:BBVA), one of Spains largest banks, has received regulatory approval to provide Bitcoin (BTC) and Ethereum (ETH) trading services in the country. The bank announced on Monday that Spains securities regulator, the CNMV, has cleared its application, paving the way for the launch of crypto trading services via its mobile app.
Bitcoin, the worlds largest cryptocurrency, tumbled 5.47% to $81,555 at 22:16 GMT on Sunday, reflecting heightened volatility in the digital asset market. Ether, the second-largest cryptocurrency, also saw a sharp decline of 5.4%, falling to $2,024.68 at 22:22 GMT.
Bitcoin (BTC) closed the week down 10.66%, failing to meet market expectations following the launch of the Strategic Bitcoin Reserve. While predicting BTCs next move with certainty is impossible, technical indicators like Bollinger Bands provide valuable insights.
Bitcoin (BTC) is rapidly evolving from a speculative asset to a strategic financial instrument, with industry experts projecting a market cap exceeding $20 trillion within a decade. According to Bitwise CIO Matt Hougan, institutional confidence in Bitcoin has never been higher, bolstered by the formation of the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile.