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news-imageMarch 16, 2025

Whale Opens $332 Million Bitcoin Short, Here's His Liquidation Price

According to data provided by analytics platform Lookonchain, a Bitcoin whale recently opened a short position of $332 million in Bitcoin with an entry price of $84,040.
Publisher: UToday
Sentiment: Negative
BTC

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Negative
cover-imageCointelegraph
March 17, 2025

Bank of Korea to take ‘cautious approach' to Bitcoin reserve

The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve.Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin (BTC) reserve, citing high volatility. Responding to a question from Representative Cha Gyu-geun of the National Assembly's Planning and Finance Committee, central bankers said that they have “neither discussed nor reviewed the possible inclusion of Bitcoin in foreign exchange reserves, adding that “a cautious approach is needed,” according to the Korea Herald.

Neutral
cover-imageUToday
March 17, 2025

Bitcoin (BTC) Must Break This to Reach $100,000, Dogecoin (DOGE) Coming Closer to Bull Market, Solana (SOL) Death Cross Complications

At this crucial point, a significant resistance level will probably dictate the next significant move for Bitcoin. The 200-day Exponential Moving Average (EMA), which has served as both support and resistance in past cycles, is a major obstacle for Bitcoin, which is currently trading close to $84,000.

Neutral
cover-imageCointelegraph
March 16, 2025

Burning quantum-vulnerable BTC is the best option — Jameson Lopp

Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, recently argued against allowing quantum recovery of lost BTC and said that burning these coins to protect the integrity of the protocol was the preferable option.According to Lopp, allowing individuals or institutions with quantum computers to recover lost coins violates the Bitcoin network's properties of censorship resistance, transaction immutability, and conservatism. In a March 16 article, the crypto executive wrote that allowing quantum recovery is not good for anyone.

Negative
cover-imageUToday
March 16, 2025

Bitcoin Bubble About to Burst, Warns Peter Schiff

The longer Bitcoin (BTC) keeps quoting at elevated prices, the more damage it brings, or at least that is the perspective Peter Schiff stands by, making it clear that every dip, every moment of market correction, is one step closer to what he sees as the inevitable collapse of a financial illusion. For him, the fall is not just coming; it is necessary.

Negative
cover-imageThe Motley Fool
March 16, 2025

What if the Market Crashes? Bitcoin vs.

Bitcoin (BTC -1.62%) and XRP (XRP -5.82%) might be a bit safer than some crypto assets, but it isn't as though they're rock solid when things are falling apart. As the Nasdaq Composite and S&P 500 enter correction territory, investors are starting to worry more about a potential market crash.

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?

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