The South Korean Central Bank, the Bank of Korea (BOK) says it is “not considering” creating a national strategic Bitcoin reserve. The post South Korean Central Bank ‘Negative' About Launching Strategic Bitcoin Reserve appeared first on Cryptonews.

Bitcoin is approaching a crucial decision point as it consolidates inside a rising wedge pattern.

A Reddit thread exploring whether bitcoin holders would sell at $1 million reveals a divided yet pragmatic community weighing financial goals, inflation risks, and long-term faith in the leading cryptocurrency.

After weeks of intense selling pressure, Bitcoin (BTC) has entered a consolidation phase, trading below the $85K mark and above $80K. Bulls now face a critical test, as they must push BTC above $90K to prevent bears from driving prices lower.

Following the last trading window, the US Bitcoin Spot ETFs have recorded another week of overwhelming net outflows with investors pulling over $900 million from the market. This development marks the fifth consecutive week of redemptions indicating weak market confidence among institutional investors of the premier cryptocurrency.

In a high-stakes gamble, a Bitcoin (CRYPTO: BTC) whale has initiated a short position of $332 million, facing potential liquidation if Bitcoin's price surges to $85,000. What Happened: A Bitcoin whale has opened a $332 million short position at an entry price of $84,040, as revealed by data from analytics platform Lookonchain.

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.

Bitcoin's price briefly crossed the $85,000 mark on Sunday, March 16, marking an 11% rebound from last week's bottom of $76,000. Bullish traders have been deploying significant leverage positions on BTC ahead of the upcoming US Federal Reserve rate decision slated for March 19.

According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have trimmed their holdings by 4.76% since Feb. 6, 2025. From Jan. 1 to Feb. 6, these funds added roughly 56,802.86 BTC to their balance sheets, but the past 35 days have seen a 55,348.00 BTC pullback.

Bitcoin price is set to reverse its multi-week correction with analysts pointing to optimistic on-chain indicators and technicals. A fresh bullish divergence pattern will power a renewed rally for Bitcoin as bulls pine for a return above $100,000.

The Central Bank of the Russian Federation has reportedly released a proposal that if approved, would allow qualified entities to trade crypto assets. In a statement, the central bank proposes a three-year experiment where wealthy investors and certain firms have the greenlight to buy and sell crypto assets, reports Reuters.

Bitcoin (BTC) is struggling to break above the 200-day simple moving average ($84,000), but a positive sign is that the bulls have not ceded much ground to the bears. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to achieve a weekly close above $81,000 to signal resilience.

Bitcoin (BTC) is holding above $82K but faces resistance near $85K. The market cap stands at $1.63T, with trading volume down 48.64%.

BTC short-term holders faced key resistance at $92,780, while accumulation at $84,000 signaled a critical juncture.

"This isn't just about the US leading in crypto, it's about Bitcoin becoming a core asset in geopolitical finance," Aurora's CEO stated.

This weekend, a trader on Hyperliquid, a decentralized derivatives exchange, has been making waves with an eye-catching bitcoin short position. Using 40x leverage, the trader's bet carries a notional value of approximately $379 million—enough to turn plenty of heads in the crypto world.

As central banks around the world run out of steam in an endless race of monetary printing, François Asselineau, president of the UPR, proposes a radical shift: integrating 5 to 10% of Bitcoin into the reserves of the Bank of France. An idea that shakes traditional economic certainties and questions our relationship with sovereignty.

Why are Bitcoin ETFs losing momentum despite bullish market signs?

Bitcoin has recently rebounded from the critical $78K support level and is now testing a significant resistance at $85K. If it manages to reclaim this level, the next target will likely be the $90K region.

In a poetic tweet, Strategy Chairman Michael Saylor compared Bitcoin to an "Orange Dwarf," drawing the crypto community's attention. Saylor put it this way: "Bitcoin is an Orange Dwarf—the brightest object in the financial system—growing stronger, hotter, and denser as it attracts capital.

Bitcoin's valuation metrics suggest the asset is at deep value levels or in a deeper correction phase than typically seen during bull seasons.

With Bitcoin's (BTC) recent slowdown, market participants wonder if the price has reached its peak. Historical data, however, provides valuable insights into identifying potential market tops.

Will the market tip in favor of bulls or bears?

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.

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.

An arrest warrant has been issued for Kevin Segal, a self-proclaimed “Bitcoin billionaire” who allegedly failed to appear for a court hearing after a friend posted his $50,000 bond.

Bitcoin, fueled by post-election euphoria, reached a peak of $108,000 before falling below $80,000. Global economic instability and rising trade tensions contribute to increased volatility.

The price of Bitcoin (BTC) has remained above the $80,000 support but below the lines of the moving averages. Price analysis by Coinidol.com.

The post-halving rally shows promise, with whales accumulating BTC and bullish momentum expected in 2025.

On Sunday, the global cryptocurrency market experienced a 2.02% decline, settling at $2.69 trillion as bitcoin, ether, and several leading digital assets posted losses. Bitcoin dipped below the $83,000 threshold, reaching an intraday low of $82,397 per coin.

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.

As the U.S. gears up to launch a Strategic Bitcoin Reserve (SBR), spurred by President Trump's Executive Order, North Korea has slyly vaulted into the top three global holders of bitcoin.

The Bitcoin price closed the past week on a positive note and will be hoping to start the new week on an even stronger foot. However, sideways movement has been a constant feature in the weekend price action of Bitcoin so far in 2025.

Bitcoin (BTC) can hit new all-time highs by June this year if historical patterns repeat, network economist Timothy Peterson said. Data uploaded to X on March 15 gives BTC/USD around two-and-a-half months to beat its $109,000 record.

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?

Bitcoin is currently showing signs of recovery after a period of high volatility. Despite a 30% drop from its historic peak in January, the queen of crypto seems to be finding some stability.

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?

Bitcoin is currently languishing at $82,900, but one popular crypto millionaire expects it to reach $100,000 by the end of the month. Bitcoin (BTC) was trading at $82,900 at the time of publication on Sunday.

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.

Bitcoin remains under pressure, failing to sustain levels above $85,000 on March 14, despite a 1.9% gain in the S&P 500 index. The post Bitcoin Struggles Below $85K as Traders Question Bull Market's Strength appeared first on Cryptonews.

President Donald Trump and DOGE coordinator Elon Musk are setting the stage for Bitcoin to gain trillions in value and rule the world. Here's how.

The week was a rollercoaster ride in the world of cryptocurrency. From a trader's devastating $5 million loss in meme coins to the nearing conclusion of the Ripple-SEC lawsuit, the crypto space was buzzing with activity.

Bitcoin dropped below $83,000 on Sunday as the crypto market continues its downward trend, yet several altcoins like Ancient8 and Apu Apustaja have turned bullish. A8 has surged 160% in the past day, trading at $0.

A leak has revealed Russia is using crypto to trade with China and India and skirt international sanctions—as the Bank of Russia opens up bitcoin and crypto buying to a “limited circle of Russian investors"

Could Bitcoin's volatile swings soon unleash a surprising breakout?

The Bitcoin and crypto markets suffered severe price downturns at the beginning of the week, with the premier cryptocurrency falling to a low of $76,500. Interestingly, the digital assets market was not alone in the misery, as the United States equities market also lost a significant portion of its value to kick off the week.

Cryptocurrencies underperform as Bitcoin's struggle triggers notable declines in the altcoins space. These trends have catalyzed disinterest in the market as new wallets offload. Cryptoquant data shows addresses that acquired Bitcoin within the past three months are reducing their exposure. While uncertainty engulfs the market, PepeX has arrived to revolutionize themed digital currencies.

Bitcoin's historic bull cycle is still intact, despite widespread investor fear over the current correction, which may only be a temporary “shakeout” ahead of the next leg up, according to crypto market analysts.Bitcoin's (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump's inauguration, Cointelegraph Markets Pro data shows. Despite investor sentiment dropping into “Extreme Fear” multiple times, historic chart patterns suggest that this may just be a price shakeout — a sudden price drop caused by multiple investors exiting their positions, preceded by a sudden price recovery.