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news-imageMarch 11, 2025

Binance's CZ Reacts to Bitcoin's Brutal Crash, Predicts Long-Term Growth

Changpeng Zhao (CZ), former Binance CEO, has weighed in on the latest cryptocurrency market crash, assuring that major coins should mostly do alright. As Bitcoin plunged to $77,527, marking its lowest point since November, Zhao noted that long-term holders have endured similar downturns before.
Publisher: Tokenpost
Sentiment: Neutral
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cover-imageBenzinga
March 11, 2025

Bitcoin Reserve Upgrades Crypto But Paypal, Ripple Stablecoins Lag Behind

The U.S. government's bold move to establish Bitcoin (CRYPTO: BTC) as an official reserve asset through President Donald Trump's strategic Bitcoin reserve (SBR) has thrust cryptocurrencies into the spotlight, yet stablecoins like PayPal's PYUSD and Ripple's RLUSD are faltering in their bid for market share against offshore giants like Tether's USDT. What Happened: Signed into effect on March 6, the executive order designates Bitcoin as a sovereign-grade store of value, backed by roughly 100,000 BTC from forfeited Treasury holdings, while a favorable regulatory climate has failed to ignite adoption of U.S.-based stablecoins.

Negative
cover-imageBitcoin
March 11, 2025

Bitcoin ETFs Suffer $369 Million Outflow Amid Six-Day Withdrawal Streak

Bitcoin ETFs experienced a net outflow of $369 million, marking the 6th consecutive day of withdrawals, while ether ETFs saw a $38 million outflow, extending their decline to four days. No End in Sight for Outflows From Bitcoin and Ether ETFs The significant outflows from bitcoin and ether exchange-traded funds (ETFs) continued on Monday, Mar.

Neutral
cover-imageCointelegraph
March 11, 2025

4 signs that $76.7K Bitcoin is probably the ultimate low

Bitcoin (BTC) dropped to a four-month low of $76,700 on March 11, following a 6% weekly decline in the S&P 500 index.The stock market correction pushed the index to its lowest level in six months as investors priced in higher odds of a global economic downturn. Despite Bitcoin's 30% drop from its all-time high of $109,350, four key indicators suggest that the correction may be over.

Positive
cover-imageBitcoin Magazine
March 11, 2025

Cantor Fitzgerald To Expand Bitcoin Financing Amid U.S. Policy Shift

Bitcoin Magazine Cantor Fitzgerald To Expand Bitcoin Financing Amid U.S. Policy Shift Cantor Fitzgerald announces it will be expanding it's Bitcoin financing services in the wake of Trump administration changes. This post Cantor Fitzgerald To Expand Bitcoin Financing Amid U.S. Policy Shift first appeared on Bitcoin Magazine and is written by Nik.

Positive
cover-imageCryptonews
March 11, 2025

Texas Moves Forward with Second Bitcoin Reserve Bill, Eyeing $250M Allocation

Texas legislators introduced a Bitcoin reserve bill aiming to allocate $250M from the state's Economic Stabilization Fund into Bitcoin. The proposal ignites debate over fiscal innovation and the risks tied to crypto market volatility as states rethink traditional reserve models. The post Texas Moves Forward with Second Bitcoin Reserve Bill, Eyeing $250M Allocation appeared first on Cryptonews.

Positive
cover-imageBitcoin
March 11, 2025

New Bitwise Bitcoin Standard Corporations ETF Targets Corporate Bitcoin Holders

The Bitwise Bitcoin Standard Corporations ETF, trading as OWNB, has launched, focusing on corporations holding significant bitcoin assets. OWNB: New ETF Captures Corporate Giants With Heavy Bitcoin Investments In a significant development in the cryptocurrency investment landscape, the Bitwise Bitcoin Standard Corporations ETF commenced trading today under the ticker OWNB.

Negative
cover-imageUToday
March 11, 2025

Ominous 666 Bitcoin (BTC) Transfer Stuns Major Crypto Exchange

What else can happen on the crypto market, one might ask, despite the fact that the market is taking every other trader and enthusiast on the wildest roller coaster ride ever seen, day after day. As if the multi-billion liquidations every other day were not enough, another ominous sign appeared when someone transferred 666 BTC to major crypto exchange ByBit.

Positive
cover-imageCryptoSlate
March 11, 2025

Bitwise launches Bitcoin Standard ETF of stocks owning over 1,000 BTC

Bitwise Asset Management has launched Bitwise Bitcoin Standard Corporations ETF (OWNB), a new investment product designed to provide exposure to companies holding significant Bitcoin reserves. According to a March 11 statement, the ETF follows the Bitwise Bitcoin Standard Corporations Index, which includes firms that have integrated Bitcoin into their corporate treasuries.

Positive
cover-imageCointelegraph
March 11, 2025

Cantor Fitzgerald taps Anchorage Digital, Copper as Bitcoin custodians

Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional investors.In a March 11 announcement, Cantor Fitzgerald said it is rolling out its Bitcoin (BTC) financing business with $2 billion in initial capital to help institutional investors borrow against their crypto holdings. Anchorage Digital and Copper will safeguard clients' digital assets by acting as custodians and collateral managers, the company said.

Negative
cover-imageCoindesk
March 11, 2025

Mt. Gox Moves Over $900M BTC

Over $900 million worth of bitcoin associated with hacked crypto exchange Mt. Gox was transferred as bitcoin dipped below $77,000 amid economic uncertainty.

Positive
cover-imageBitcoin Magazine
March 11, 2025

Bitcoin Mining Pool Braiins Hits 1,000 Daily Payouts On Lightning Network

Bitcoin Magazine Bitcoin Mining Pool Braiins Hits 1,000 Daily Payouts On Lightning Network Bitcoin mining pool Braiins reaches 1,000 daily payouts on Lightning Network, setting a new standard for instant, frictionless transactions in the mining industry. The milestone demonstrates Lightning's potential to enable scalable, efficient payments. This post Bitcoin Mining Pool Braiins Hits 1,000 Daily Payouts On Lightning Network first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.

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