Venture capitalist Tim Draper is well known for his Bitcoin (CRYPTO: BTC) price predictions over the years. In a new interview, Draper is sticking with a price target of $250,000 for the leading cryptocurrency.
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Cryptocurrencies saw another day of bearish price action on Thursday, with only XRP displaying relative strength. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $80,353.45 -3% Ethereum (CRYPTO: ETH) $1,852.08 -1.5% Solana (CRYPTO: SOL) $121.79 -2.4% XRP (CRYPTO: XRP) $2.24 +0.4% Dogecoin (CRYPTO: DOGE) $0.1631 -3.7% Shiba Inu (CRYPTO: SHIB) $0.00001190 -2.9% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 10.7% and daily active addresses falling by 5%.
In the ongoing debate over Bitcoin's market trajectory, two prominent crypto analysts have shared contrasting viewpoints on X, underscoring the community's divided sentiment. While one maintains that a drastic downturn remains possible, the other posits that the worst of the market downturn has already passed—citing a notable 87.5% probability.
A widely followed crypto analyst is warning that Bitcoin (BTC) may plummet in value if one key support level breaks down. In a new post, pseudonymous crypto trader Altcoin Sherpa tells his 244,000 followers on the social media platform X that Bitcoin may revisit the $60,000 range if BTC loses $78,000 as support.
The founder of a cryptocurrency exchange whose namesake was tied to Anti-Money Laundering (AML) was found guilty of wire fraud and money laundering in a California court.In a March 12 trial in the US District Court for the Northern District of California, a jury found AML Bitcoin creator Rowland Marcus Andrade guilty of two felony counts as part of a scheme to defraud investors. Authorities initially filed criminal charges against Andrade in June 2020 in parallel to a civil case filed by the US Securities and Exchange Commission (SEC) against the AML Bitcoin creator and the NAC Foundation, for which he was the founder and CEO.
The company's Bitcoin purchases occurred quickly following Donald Trump's reelection but have cooled as spot Bitcoin ETFs shed assets.
Bitcoin (BTC) decoupled from gold and behaved more like a tech stock again. Gold reached a total valuation above $20T, climbing close to the $3,000 per ounce level.
Tether is angling to join Cantor Fitzgerald's Bitcoin financing business, citing a long-term business relationship. A press release by Cantor Fitzgerald omitted the stablecoin issuer but its CEO says a partnership is still in play.
A federal jury has convicted Rowland Marcus Andrade, the founder and CEO of AML Bitcoin, of wire fraud and money laundering related to the fraudulent marketing and sale of the cryptocurrency.
The continued bearish performance of the broader crypto market has significantly reduced the likelihood of an Altcoin Season happening in the current cycle, with the majority of alts declining sharply.
Bitdeer Technologies Group announced its SEAL03 wafer achieved a record 9.7 joules per terahash (J/TH) efficiency during testing, while confirming plans to begin mass-producing its Sealminer A3 mining rigs in late 2025. With 9.
The crypto industry is again losing its edge as Bitcoin (BTC) price has again shed off its earlier accrued gains. Leaning on its Volatility Index (VI) trend recently, there is growing concern about whether the BTC price will drop below the $70,000 psychological support zone.
Bitcoin (CRYPTO: BTC) is underperforming against gold, which hit a record high on Thursday, calling its value proposition of ‘digital gold' into question. Back in December 2024, Federal Reserve Chair Jerome Powell spoke at the DealBook Summit, stating that Bitcoin is "a speculative asset, much like gold, but digital.
Bitcoin Magazine Bitcoin 2025 Conference Brings Back Highly Anticipated Legal Education Program Bitcoin 2025 in Las Vegas will once again host its Continuing Legal Education (CLE) program, offering legal and financial professionals critical insights into the evolving regulatory landscape. This post Bitcoin 2025 Conference Brings Back Highly Anticipated Legal Education Program first appeared on Bitcoin Magazine and is written by Nik.
The ETH/BTC downtrend reflects Ethereum's struggle against Bitcoin's dominance.
Popular XRP advocate and author of “3 Steps to Quantum Wealth” Linda P. Jones believes that institutions will expand their crypto investments beyond Bitcoin and Ethereum to include XRP ETFs.
Crypto experts weighed in on Bitcoin‘s (CRYPTO: BTC) price drop below $80,000 on Thursday, predicting potential price bottoms for major cryptocurrencies amid ongoing economic uncertainty. Michal Pospieszalski of SwissFortress told Benzinga that Bitcoin could find a floor between $60,000 and $65,000 if it falls below $70,000, while Meg Lister of Gitcoin Labs cautioned that pinpointing a bottom remains challenging and could extend into the coming months, depending on U.S. economic policy shifts.
On Thursday, global markets convulsed after President Donald Trump unveiled fresh tariffs on EU alcohol imports, igniting a cascade of unease. Gold Glitters as Bitcoin Stumbles The S&P 500 slid 1.5%, and the Nasdaq Composite retreated 2.2%, mirroring elevated investor trepidation about looming economic fallout. Bitcoin, too, buckled under the pressure.
Bitcoin (BTC) price has risen 8% from its March 11 low of $76,703, driven in part by large investors aggressively buying the dip with leverage. Margin longs on Bitfinex surged to their highest level since November 2024, adding 13,787 BTC over 17 days.
Bitcoin traded slightly weaker on Wednesday, hovering around $81,867 at press time, up 0.42% in the past 24 hours. This stabilization follows a volatile week where Bitcoin hit a four-month low of approximately $76,600 on March 11 before rebounding above $83,000.
Binance CEO Richard Teng says that he is long-term bullish on Bitcoin (BTC) and other digital assets despite ongoing market turbulence.
The Nasdaq stock index is seeing one of the worst quarter in years with it down another 2% today without respite.
The Bitcoin network is evolving into a wider DeFi ecosystem, the report said.
Ethereum price continued its strong downward trend against the US dollar and Bitcoin as its linear weekly futures moved into backwardation. Ethereum (ETH) crashed to 0.
Macro strategist Raoul Pal and Fundstrat co-founder Tom Lee have analyzed Bitcoin's (CRYPTO: BTC) role in the global store value market worth $400 to $500 trillion. What Happened: In a deep-dive discussion on March 13, Pal and Lee outlined why Bitcoin is still in its early stages of growth, with the potential to capture a significant portion of the $400 to $500 trillion global store-of-value market.
A jury in California convicted Rowland Marcus Andrade of wire fraud and money laundering in connection with the sale of AML Bitcoin.
The United States has entered the Bitcoin arena with a $16.6 billion reserve, a move perceived as it could redefine global markets.
Firms including Anchorage Digital are advising the U.S. government on best practices for safeguarding billions of dollars worth of crypto assets.
On Mar. 11, 2025, Washington, D.C., saw a gathering of top-tier Bitcoin enthusiasts organized by the Bitcoin Policy Institute.
The continued growth of publicly listed bitcoin miners is expected as they push further into vertical integration, JPMorgan analysts said.
TL;DR Starknet users can now pay at merchants accepting Bitcoin Lightning payments using only STRK, thanks to Braavos wallet and the Atomiq bridge. No need to set up a Lightning wallet or pre-fund with BTC, making Bitcoin payments simpler and increasing adoption.
Is Bitcoin the ultimate hedge against economic turmoil? Deutsche Bank seems to think so.
Bitcoin and Ethereum have long been the undisputed titans of the cryptocurrency world. They've set benchmarks as the standard-bearers for decentralized finance, shaping the crypto landscape as we know it. Bitcoin's role as “digital gold” and Ethereum's pioneering of smart contracts have positioned them as must-haves in every investor's portfolio.
Short-term bitcoin holders have sold over 100,000 BTC since February.
The Cboe BZX Exchange proposed a rule change with the U.S. SEC on behalf of Invesco Galaxy seeking the approval for in-kind creation and redemption of Invesco Galaxy's Bitcoin and Ethereum ETF shares. The public has been invited to give feedback on the matter as the U.S. SEC reviews Cboe's proposed rule change.
Bitcoin, Ethereum, and XRP maintain their gains after a highly volatile session driven by the latest U.S. CPI report. The inflation data showed a slight decline, fueling expectations that the Federal Reserve may pivot sooner than expected.
The yellow metal has risen as stocks (and bitcoin) have crumbled over the past few weeks.
Bitcoin (BTC) has been underperforming the bullish expectations of late 2024 throughout the first quarter (Q1) of 2025.
President Trump's Bitcoin reserve may prompt other governments to do the same, the CEO of Binance Richard Teng said.
Banking behemoth JPMorgan believes that the shares of Bitcoin miner IREN (IREN) could potentially surge by 70%, according to a recent report by CNBC. The stock has now been upgraded to overweight.
A national versus state bitcoin reserve sparks debate, with lawmakers assessing digital asset strategies for economic stability, debt management, and financial resilience. Texas leads state-level initiatives. The post US Strategic Bitcoin Reserve: Comparison of a National Versus State Offering appeared first on Cryptonews.
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U.S. authorities seized approximately 749 Bitcoin, valued at $62.5 million, tied to a Silk Road drug trafficking and money laundering operations, according to a March 12, 2025, Forbes report. Silk Road Legacy Continues: $62.5M Bitcoin Seized in Latest Crackdown The seizure, ordered by the U.S.
There is no one-way trend on the market today, according to CoinMarketCap.
Video-sharing platform Rumble has reinforced its treasury diversification strategy by making a deeper move into digital assets with a $17.1 million investment in Bitcoin.
Bitcoin just dropped 24% from its all-time high — what happens next? Analysts say BTC is “very close to its local bottom,” but could a Black Swan event send it crashing even lower?
Some cryptocurrency investors worry about data security in the future. Bitcoin (BTC 1.37%) owners often tout the largest coin's unchanging qualities as a major selling point.