Bitcoin Magazine Mexican Billionaire Salinas Says He Has 70% Bitcoin-Related Exposure Mexican billionaire Ricardo Salinas reveals 70% of his investment portfolio is now allocated to bitcoin, up from just 10% in 2020. This post Mexican Billionaire Salinas Says He Has 70% Bitcoin-Related Exposure first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.

The new rules require the publication of all government Bitcoin wallet addresses and audited financial statements for crypto-related entities.

The broader Bitcoin market has always been known for its volatility, with sharp surges often followed by sudden downturns. After climbing above $100,000 earlier this year, the Bitcoin Price has recently dipped closer to $80,000, causing renewed caution among traders.

Bitcoin struggles to fulfill safe-haven aspirations, whilst gold gains favor among investors seeking shelter from market volatility.

Following the announcement of a strategic crypto stockpile containing altcoins, several cabinet members of the Trump administration have drawn scrutiny for their crypto holdings. What Happened: In an X post on Tuesday, market commentator ‘The Pelosi Tracker' noted that Trump's proposed crypto strategic reserve has sparked debate, as several of his cabinet members hold substantial crypto assets.

TL;DR Arthur Hayes claims that Bitcoin is still in a bull cycle and predicts its price could drop to $70,000 before potentially surging to $250,000. The former BitMEX CEO advises investors to buy cautiously during pullbacks near $80,000 and avoid leverage.

The new service is expected to rollout in June.

On March 3, 2025, the International Monetary Fund (IMF) approved an extended facility of 1.4 billion dollars for El Salvador, aimed at supporting the country's economic reform program. This decision follows negotiations during which El Salvador agreed to modify its bitcoin policy to address the IMF's concerns.

Arthur Hayes believes Trump's America First debt policies will force the Fed to print more money, which will eventually make Bitcoin an attractive investment.

The global crypto market cap dropped 8.76% to $2.77T. Bitcoin (BTC) is below its 50-day moving average, confirming a bearish trend.

The price of Solana has dived by 14% in the past 24 hours, falling to $136 after Trump's crypto czar David Sacks confirmed that he has dumped all of his SOL. The post Trump's Crypto Czar Dumps All Bitcoin & Solana Holdings – Should You Be Worried? appeared first on Cryptonews.

Crypto prices dropped sharply on March 4, erasing $800 million from the market. The total market cap slipped below $3 trillion, settling at $2.77 trillion, a 9% decline.

Bitcoin is on the verge of a monster bounce, igniting optimism as it trades at $85,754 after its recent dip. Experts predict a breakout in no time for a new rally to its all-time high of $109,079 and higher. If BTC reaches $100K, the rest of the altcoin market will do the same shortly.

This week's U.S. job data and Bitcoin's 10% dip could shape a market bottom, said Fundstrat's head of research, Tom Lee.

The crypto market faces extreme volatility as Bitcoin drops below $84K in a $500B sell-off, driven by CME futures gap corrections and global trade tensions, erasing recent gains from institutional interest. The post Crypto Market Nears ‘Extreme Fear' as Bitcoin Drops Below $84K in $500B Sell-Off appeared first on Cryptonews.

Ricardo Salinas, a well-known Mexican billionaire, recently stated that he has invested 70% of his wealth in Bitcoin.

Prominent venture capitalist Chris Burniske says the recent pullback in the crypto markets shouldn't discourage traders from staying invested in the sector. What Happened: In a post on X on Tuesday, Burniske noted that capitulation talk is everywhere, but historically, pivotal crypto moments have never been easy.

El Salvador has added 15 BTC to its holdings in staunch defiance of an agreement with the International Monetary Fund (IMF). The country's authorities have previously agreed with the IMF not to accumulate Bitcoins under an Extended Fund Facility (EFF).

According to Mike McGlone, senior commodity strategist at Bloomberg, falling Bitcoin and crude oil prices could be a sign of deflation.

Bitcoin has faced massive volatility and selling pressure as wild price swings dominate the market. After reaching a high of $96,000 last week, BTC saw a sharp 18% retrace, plunging to $78,000 last Friday.

Bitcoin, the world's top digital asset, surged by over 20% Monday from last week's lows, with major altcoins following suit. The crypto's rally immediately came after US President Donald Trump's announcement that the administration is considering a strategic reserve covering Bitcoin, Solana, Cardano, Ethereum and XRP.

Mexican billionaire Ricardo Salinas has disclosed that 70% of his investment portfolio is allocated to Bitcoin-related assets. The remaining 30% is invested in gold and shares of gold mining companies, according to a Salinas interview with Bloomberg.

President Trump's recent comments on establishing a strategic crypto reserve have sparked a debate within and outside the crypto community. Key figures within the US financial market space have shared their thoughts on the matter.

The start of US trade tariffs produces a fresh headache for Bitcoin bulls, with BTC price action increasingly aiming for a rematch with $78,000 lows.

Hayes believes Bitcoin will recover after a dip to $70K, potentially reaching $250K. Despite market volatility, Hayes remains cautious and prefers gradual purchases over-leveraged trades.

Bitcoin (BTC) is trading in bear territory, but from a broader perspective, the asset remains in a bull market after reaching a record high of $108,000 in late January.

The Bitcoin market is struggling again on Tuesday, as the market continues to see a lot of concerns about the overall economy at this point, and the Bitcoin market could very well continue to struggle as a result.

The IMF published a new staff country report related to El Salvador in which the fund underscored that El Salvador bitcoin accumulation needs to stop.

As part of a $1.4 billion loan agreement, the IMF is asking El Salvador to stop accumulating BTC. It also wants the country to avoid issuing Bitcoin-backed debt and tokens.

A broad market sell-off hit both crypto, driving $1 billion in liquidations, amid fears of economic fallout from Trump administration tariffs.

BTC could enter a stagnant phase in the market.

Bitcoin Magazine THNDR Releases Skill-Based Blackjack Game With Bitcoin Lightning Network-Powered Payouts THNDR's latest skill-based gaming offering, Blackjack, aims to attract strategic online gamblers, and uses Lightning to solve payout liquidity challenges. This post THNDR Releases Skill-Based Blackjack Game With Bitcoin Lightning Network-Powered Payouts first appeared on Bitcoin Magazine and is written by Frank Corva.

Millions of people mining Bitcoin could weaken corporate dominance, enhance decentralization, and strengthen network security, reshaping the future of Bitcoin's resilience.

U.S. Treasury Secretary Scott Bessent on Tuesday emphasized a firm commitment to reducing interest rates as a cornerstone of the Trump administration's economic strategy and outlined how lowering rates would alleviate financial pressures on American households and stimulate economic growth. What Happened: In an interview with Fox News on Tuesday, he said doing so would be considered one of the Donald Trump administration's early achievements, even as the president finishes 7 weeks of his second term.

With the prices of leading cryptocurrencies like Bitcoin (BTC -7.69%), XRP (XRP -10.11%), and Solana (SOL -14.04%) plunging over the last 30 days, many as much as around 30%, it's natural for investors to fear the onset of a bear market. But there isn't any guarantee that a bear market is here, or that one will come soon.

The cryptocurrency market is under selling pressure, with Bitcoin down over 11% in the last 24 hours to $82,858 at press time. Nearly $1 billion have been liquidated across the crypto market in the last 24 hours, with Bitcoin accounting for $372 million of that total.

Amid the Bitcoin price turbulence over the last week, Michael Saylor's Strategy (MSTR) has been on investors' radar with some citing liquidation risks if BTC falls under certain threshold. Some analysts state that Wall Street players are deliberately pushing BTC down to put pressure on MSTR as well as other leveraged proxies.

The International Monetary Fund (IMF) has set new conditions for El Salvador to receive its full $1.4 billion loan. One key requirement is that El Salvador must gradually scale back its involvement in the Chivo Bitcoin wallet, a government-backed platform introduced after the country adopted Bitcoin. The post IMF Pressures El Salvador to Halt Public Sector Bitcoin Purchases Under $1.4B Deal appeared first on Cryptonews.

Bitcoin's price has been experiencing a massive drop over the past few weeks, and while it initiated a brief recovery recently, the correction is not over yet.

Bitcoin mining firm Marathon Digital reported a decline in Bitcoin production for February, down month-over-month due to higher network difficulty and fewer operational days.

The International Monetary Fund (IMF) has approved a new 40-month arrangement under the Extended Fund Facility (EFF) for El Salvador, providing access to approximately $1.4 billion to boost the country's growth prospects and address macroeconomic imbalances.

Bitcoin (BTC) analysts went to X this morning, setting a potential recovery roadmap from the crash up to $150,000. Together with the stock market, Bitcoin and other cryptocurrencies crashed once again, with BTC trading below $85,000 on Wednesday.

The crypto market fell back into the red as its market capitalization dropped nearly 11% to $2.75 trillion, erasing all the gains made on Sunday after President Donald Trump's crypto reserve announcement. Sunday's rally began fading on Monday, with Bitcoin (BTC) and other altcoins sliding back to pre-weekend levels.

In his latest blog post, titled “KISS of Death,” former BitMEX CEO Arthur Hayes outlines a provocative thesis on the trajectory of Bitcoin and broader financial markets under the renewed presidency of Donald Trump. Hayes—who has long held bullish views on crypto—argues that a convergence of fiscal and monetary policies could catapult Bitcoin's price to as high as $1 million during the Trump 2.0 era, but only after a period of recession-driven turmoil.

Since President Trump confirmed plans for a US crypto reserve, speculation has been rampant about which assets will be included. While Bitcoin is expected to dominate, many believe that altcoins like XRP, Solana, Ethereum, and Cardano could also be part of the reserve.

Bitcoin price has been highly volatile since last week. BTC initially plunged from near $100,000 to $78,200 last week and then bounced back to $95,000 on Monday, and down $83,800 today.

Bitcoin has dropped 11.26% week-to-date amid Trump's trade war, but bullish reversal patterns, institutional accumulation, and a weakening dollar suggest BTC could soon rally toward $100,000–$340,000.