The amount of Bitcoin (BTC) held by public corporations reached 592,112 BTC in 2024, according to Bitcoin Treasuries data. Bitwise head of research Ryan Rasmussen highlighted that the number is twice as much Bitcoin as institutions accumulated in the previous five years combined.
Jurrien Timmer, director of global macro at Fidelity Investments, has weighed in on the Bitcoin price action, arguing that $70,000 is the main level to watch.
Bitcoin miners are ramping up BTC sales, adding to market pressure as price declines continue. CryptoQuant data shows a surge in miner-to-exchange flows, signaling financial strain ahead of the Bitcoin halving. The post Bitcoin Faces Increased Selling Pressure Amid Miner Sell-Offs – CryptoQuant appeared first on Cryptonews.
Ethereum's price has been facing significant downward pressure in recent days, with the cryptocurrency even dipping below the $2,000 mark for the first time since December 2023. The crash below $2,000 has done more harm to the already declining bullish sentiment, and the next outlook is whether there will be more incoming declines or whether the leading altcoin is already nearing a bottom.
Are institutional investors rethinking their Bitcoin exposure amid regulatory uncertainty?
Rich Dad Poor Dad author Robert Kiyosaki is doubling down on Bitcoin (BTC) and precious metals as he warns of a possible US economic collapse. Kiyosaki tells his 2.7 million followers on the social media platform X that the market selloff this week may indicate the “everything bubble” is on the verge of collapse.
On Tuesday, the US Securities and Exchange Commission (SEC) postponed its decision on multiple altcoin exchange-traded funds (ETFs), including Solana's.
Deutsche Bank has highlighted several benefits associated with the decision of the US to proceed with a Strategic Bitcoin Reserve. The German bank says the move can trigger economic upsides for the US while laying a precedent for international standards.
On today's episode of CNBC Crypto World, bitcoin inches higher after better-than-expected inflation data. Plus, the House votes to rollback an IRS rule requiring DeFi brokers to send tax documents to customers.
The video-sharing platform's purchase forms part of its plan to allocate up to $20 million to Bitcoin.
The U.S. SEC has delayed decisions on spot ETFs for major altcoins including XRP, SOL, ADA, and DOGE until May, citing the need for further review. Meanwhile, the agency will host a key roundtable to address crypto asset classification and pave the way for clearer regulation.
The U.S. Securities and Exchange Commission is unlikely to approve or reject crypto ETFs until its new leadership is in place, according to a new report. What Happened: Coindesk on Wednesday reported that the SEC has acknowledged multiple spot crypto ETF applications but is unlikely to approve them until its leadership is settled.
Bitcoin (BTC) is trading below key support levels after massive selling pressure hit the market, fueling fear and uncertainty among investors. Since the start of March, BTC has lost over 19% of its value, triggering concerns that further downside may be ahead.
Bitcoin drops 26.3% from its $110K peak amid Trump's tariff war and Fed policies. However, easing whale selling and a key macro signal suggest a potential rebound ahead.
In an interview with BeInCrypto, Johnny Garcia, Managing Director of Institutional Growth and Capital Markets at VeChain Foundation, addressed the rejection of Bitcoin (BTC) reserve bills. He emphasized that the core issue goes beyond legislative resistance—highlighting the need for greater education for both the public and policymakers.
Nebraska will begin regulating Bitcoin and crypto ATMs to protect customers from scams, after Governor Pillen signed the bill into law.
The US Securities and Exchange Commission has postponed ruling on whether or not to permit Cboe BZX Exchange to list options tied to asset manager Fidelity's Ether (ETH) exchange-traded fund (ETFs). The agency has given itself until May 14 to approve or disapprove of Cboe BZX's request to list options tied to Fidelity Ethereum Fund (FETH), according to a March 12 SEC filing.
Analyt project massive BTC dominance if its DeFi sector is fully tapped.
Bitcoin price climbed 7.4% in 24 hours, reclaiming $83,700 after bottoming at $76,000. Softer inflation data and easing geopolitical risks fueled gains.
Franklin Templeton, which boasts $1.53 trillion under management, has filed to launch a Solana exchange-traded fund in the U.S.
The crypto market is facing a decline, with increased fear coming from trade tensions and the effects of President Trump's Bitcoin Reserve order. Ethereum, a leader in the altcoin sector, has seen a significant decline, dropping nearly 14% over the past week.
The Chicago Board Options BZX Exchange (Cboe) has submitted an application on behalf of asset manager Franklin Templeton to list a Solana (SOL) exchange-traded fund (ETF) in the United States.According to the March 12 filing, Franklin Templeton's proposed ETF will hold spot SOL, and the filing encouraged the Securities and Exchange Commission to allow the fund to stake its underlying crypto for additional rewards. “Not staking the Fund's SOL would amount to waiving the Fund's right to free additional SOL, an act analogous to an equity ETP refusing dividends from the companies it holds,” the filing read.
Bitcoin (BTC), Ethereum (ETH) and XRP face carnage in response to Trump's policies and announcements. The total market capitalization of crypto is down to $2.784 trillion on Wednesday.
Speculations about a bear market have grown sharply within the community following Bitcoin‘s persistent struggles with bearish conditions and the entire crypto market cap dropping by more than 20% in the last few months. Volatility may be increasing, but major investors are still confident about BTC's prospects as they scoop up more coins.
Ethereum (ETH) has seen a significant decline in price, falling from $2,800 to around $1,900 in recent weeks. This drop has triggered a major bearish signal, the first of its kind in two years.
The Solana price has risen back to $129 today, helped along by whales and other traders buying the dip as the alt remains oversold. The post Solana Price Pumps 12% as Whales Inject $6 Billion – Is the Bear Market Over? appeared first on Cryptonews.
A trader on decentralized exchange Hyperliquid exited a $200 million leveraged ethereum trade with a $1.8 million profit, while the platform's liquidity pool absorbed a $4 million loss, prompting leverage adjustments to mitigate future risks. Trader Profits $1.8M as Hyperliquid's Liquidity Pool Takes $4M Hit A Hyperliquid trader using wallet “0xf3f4” deposited $4.
Bitcoin has fallen sharply over the past 30 days, falling from a record high of 109k to a low of 77k this week, a level that was last seen in November last year. This puts losses at almost 30%.
Bitcoin struggles near $84K as analysts warn of a final drop to $73K. Soft U.S. inflation data lifts sentiment, but Mt. Gox BTC transfers add uncertainty. The post Bitcoin Faces ‘Final Leg Down' to $73K – Here's What Could Happen Next appeared first on Cryptonews.
Grayscale, Canary Capital, Bitwise and 21Shares have filed for ETFs in recent months tracking the price of the sixrh largest crypto by market value.
Bitcoin Magazine Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy Video-sharing platform Rumble boosts its Bitcoin holdings with a 188 BTC purchase, reinforcing its commitment to a Bitcoin treasury strategy. This post Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy first appeared on Bitcoin Magazine and is written by Nik.
Bitcoin ETF outflows have nearly amounted to $750 million in the last two days as the crypto market consistently fell. BlackRock, the largest issuer, has offloaded around 2,000 BTC in the previous 24 hours.
Franklin Templeton has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the Franklin Solana ETF, a new exchange-traded fund designed to track the price of the cryptocurrency Solana (SOL).
The CESR captures the mean annualized staking rate earned by Ethereum validators.
The company redirected mining rigs to self-mining as customer delayed payments during bitcoin's price drop.
In a landmark development for the Solana ecosystem, a newly proposed token emission model, known as SIMD 228, has attained quorum with approximately 70% of votes cast in favor. According to a post by research analyst Carlos (@0xcarlosg) on X, voting concludes at Epoch 755, which is set to arrive in under 48 hours.
Deutsche Boerse's post-trade unit, Clearstream, has unveiled plans to launch cryptocurrency custody services for Bitcoin and Ethereum in Europe later this year.
Starknet plans to expand Bitcoin use cases by bridging Bitcoin and Ethereum. StarkWare recently established a Bitcoin strategic reserve.
The passage of SIMD-228 marks Solana's transition from fixed inflation to a market-driven model, solving the problems of excessive inflation and insufficient incentives. Compared with Ethereum's destruction mechanism and Sui's static inflation, Solana's dynamic design is more flexible, but it still needs ecological feedback optimization.
Ethereum's native token, Ether (ETH), dropped below $2,000 on March 10, and the altcoin has struggled to regain a position above the psychological level. While Bitcoin (BTC) and XRP (XRP) exhibited minor recoveries over the past 24 hours, Ether prices failed to display bullish momentum in the charts.
Bitcoin remains at risk despite short term relief on cooler inflation data. PI, TIA lead daily gains for altcoins.
Strike CEO Jack Mallers has highlighted Bitcoin's (CRYPTO: BTC) growing dominance in the global store of value market, valued at approximately $400 to $500 trillion. What Happened: Speaking to Anthony Pompliano at the New York Bitcoin Investor Week from Feb. 24 to Feb. 28, Mallers stated that with Bitcoin's market cap at just $1.5 trillion it is still in the early stages of adoption.
The rapid rise of the Solana network at the beginning of the year seemed to herald a new era for its ecosystem. Fueled by an unprecedented speculative frenzy around memecoins, the blockchain recorded record revenues, reaching $55.3 million per week.
Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.
Overall selling pressure from BTC miners have relatively subsided in the past two weeks.
Hemi Labs has signed up dozens of protocols, including decentralized exchange (DEX) Sushi, liquid staking token pumpBTC and oracles RedStone and Pyth.
Ethereum price is in its third consecutive week in the red as investors remain on the sidelines. Ethereum (ETH) traded at $1,758 this week, its lowest level since October 2023.
Ryan turned down an opportunity to help led the Ethereum Foundation and instead joined Etherealize, an organization focused on bringing Ethereum to Wall Street.