Japanese public company Metaplanet has announced another debt offering to Evo Fund of 2 billion yen ($13 million).
A wave of short-term holder capitulation is now driving Bitcoin's price lower, reinforcing bearish pressure, analysts at Glassnode warn.
Bitwise announced the launch of the Bitcoin Standard Corporations ETF (OWNB), targeting firms with large BTC holdings.
According to crypto entrepreneur Arthur Hayes, Bitcoin (BTC) is likely to bottom around $70,000, marking a 36% correction from its latest all-time high (ATH) of $108,786. Hayes stated that such corrections are “very normal” in a bull market.
Starknet plans to use Bitcoin as a settlement layer alongside Ethereum, aiming to connect the two largest blockchains on a single layer 2 network. The Starknet Foundation's Bitcoin roadmap, published on Mar.
Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn't ruling out that Bitcoin could slide to $70,000.Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss realization and a moderate capitulation event.” Short-term holders fled as Bitcoin dropped from peak The surge in buyers paying higher prices for Bitcoin (BTC) in recent months is reflected in the short-term holder realized price — the average purchase price for those holding Bitcoin for less than 155 days.
On-chain data shows that Bitcoin miner exchange inflows have shot up recently, something that could extend BTC's price drawdown. Bitcoin Miner To Exchange Flow Metric Has Seen A Spike As pointed out by an analyst in a CryptoQuant Quicktake post, miners are upping their selling pressure.
Metaplanet, also popular as Japan's MicroStrategy, announced a fresh purchase of 162 bitcoins for an investment value of $13.5 while buying the recent BTC dips. The announcement sent the stock price 8% higher past 3,500 JPY levels on Wednesday's trading session.
Japan's Metaplanet expands its Bitcoin holdings to 3,050 BTC with a $13.5M purchase during the market dip. The post Japan's Metaplanet Buys The Dip, Scoops Up 162 BTC Worth $13.5M appeared first on Cryptonews.
The cryptocurrency market, led by Bitcoin (BTC) and Ripple Labs' XRP, experienced a mild recovery in the past 24 hours after a heavy capitulation earlier this week. In the past 24 hours, Bitcoin price gained around 2 percent to trade at about $81.6k on Wednesday, March 12, during the early Asian session.
Metaplanet announced today that it has purchased an additional 162 BTC, bringing its total holdings to 3,050 BTC.
Metaplanet Inc. is making waves with its latest Bitcoin acquisition, further solidifying its position in the digital asset space. As part of its ongoing Bitcoin Treasury Operations, the company acquired 162 Bitcoin at an average price of 12,393,669 yen per Bitcoin, totaling a whopping 2.008 billion yen.
Bitcoin continues to face challenges in regaining upward momentum, with the cryptocurrency still trading below $82,000 as of today. The asset remains 25.1% below its all-time high of $109,000, recorded in January.
Crypto Market Today (March 12): Bitcoin (BTC) price regained an upward trajectory after a bloodbath, briefly touching $83K as of early Asian hours on Wednesday. Major-league altcoins such as XRP, Solana (SOL), and Ethereum (ETH) have followed, surging 1%-7% intraday.
Metaplanet has issued ¥2 billion ($13.3 million) through a zero-interest bond to increase its Bitcoin holdings. According to the company's announcement, the bonds were approved on Mar. 12 and will mature on Sep. 11, 2025.
Bitcoin has clocked a 7% gain over the past 24 hours despite all of its valuation metrics leaning bearish and US demand recently waning off.“All Bitcoin valuation metrics indicate that we are in bearish territory,” onchain analytics platform CryptoQuant said in a March 11 markets report viewed by Cointelegraph.
XRP saw a strong rally, rising 11.19% to $2.1720 by 20:01 (00:01 GMT) on the Investing.com Index. This marked its biggest one-day gain since March 2.
Pro-crypto U.S. Senator Cynthia Lummis has reignited excitement in the Bitcoin community by reintroducing the Bitcoin Act, a bill proposing the U.S. government establish a strategic Bitcoin reserve. Originally proposed in July last year but rejected, the bill has now gained momentum after President Donald Trump signed an executive order supporting the initiative.
Bitcoins recent price action has been nothing short of a roller coaster. In just hours, BTC plunged 9%, only to rebound past $81,700, leaving traders questioning whats next.
The past 24 hours in the crypto market have been a rollercoaster, especially for leveraged traders. Bitcoin saw extreme volatility, plunging from $84,100 to $76,560a sharp 9% drop for the $1.65 trillion asset.
A solo Bitcoin miner using a relatively cheap, pocket-sized crypto mining rig has solved one of the blockchain's blocks and earned the full $263,000 reward.The miner became the 297th solo miner to mine a Bitcoin block from the solo.ckpool Bitcoin (BTC) mining pool, its developer, Con Kolivas, said in a March 10 X post. He added the miner used a 480-gigahash per second (GH/s) Bitaxe machine.
Bitcoin (BTC) has been on a downtrend since February 21, dropping 23% in less than 18 days. Despite this bearishness, a veteran trader and analyst explains his ideal scenario for a Bitcoin price bottom and a bullish reversal that leads to a $100,000 revisit.
Robert Kiyosaki, author of ‘Rich Dad Poor Dad', recently posted on X with a cryptic message saying, ‘Big Things are coming,' which has sparked growing speculation in the market. Similarly, Senator Cynthia Lummis echoed the same sentiment on X, stating that ‘Big Things are coming every day' and that she is ‘for real this time.
Analysts said Tuesday's crypto price rally is a 'small bounce' that corrects overly cautious risk-off sentiment.
Caution in the crypto market suggests Bitcoin traders are bracing for turbulence rather than betting on a sustained rally, Decrypt was told.
Over the past 30 days, Bitcoin (BTC) whales have acquired more than 65,000 BTC, signaling sustained buying pressure despite the broader market correction. At the same time, the Coinbase premium is forming higher lows, even as the price trends lower, adding complexity to market sentiment.
David Sacks, the White House's crypto czar, has disclosed the intentions of the Treasury Department to concentrate on increasing the value of Bitcoin, XRP, and other digital assets that the US government owns.
Ethereum layer 2 Starknet is laying the groundwork to settle on Bitcoin and Ethereum to unify the two largest blockchains on a single layer.The Starknet Foundation said in its March 11 Bitcoin roadmap that it's aiming for Starknet to become Bitcoin's execution layer, scaling it from 13 transactions per second to thousands, reducing blocks and gas fees, and creating a better user experience. “Most Bitcoin today sits static in wallets and exchanges, constrained by the limitations of the network's original design: a lack of scalability and an inability to natively support applications beyond simple buying, selling, and transferring,” the foundation said.
Bitcoin price started a fresh decline below the $86,000 zone. BTC is now correcting losses and might struggle near the $84,000 and $85,000 levels.
CryptoQuant analyst Darkfost suggests that Bitcoin's recent downtrend may be nearing its end as selling pressure from large holders on Binance appears to be easing. In a Mar.
The Strategic Bitcoin Reserve could generate up to $81 trillion for the U.S. Treasury by 2045, offsetting national debt and securing economic dominance.
US Senator Cynthia Lummis' newly reintroduced BITCOIN Act will allow the government to potentially hold more than 1 million Bitcoin as part of its newly established reserve.The bill, first introduced in July, directs the US government to buy 200,000 Bitcoin (BTC) a year over five years for a total acquisition of 1 million Bitcoin, which would be paid for by diversifying existing funds within the Federal Reserve system and the Treasury department. However, the reintroduced act, the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2025, opens the door for the US to acquire and hold in excess of 1 million BTC as long as it is acquired through lawful means other than direct purchase, such as civil or criminal forfeitures, gifts made to the US or transfers from federal agencies.
Bitcoin has maintained its dominance on the altcoin market even amidst the ongoing price corrections. The leading cryptocurrency has been in the spotlight throughout this market cycle, but a technical outlook suggests that it needs to give way.
The crypto-loving Senator Cynthia Lummis has officially reintroduced the BITCOIN Act, a bill that aims to establish a Strategic Bitcoin Reserve for the United States. The legislation, which builds on President Trump's executive order, is designed to make Bitcoin a core financial asset for the federal government.
Analyzing open interest distribution across different strike prices offers critical insights into market sentiment and potential price trajectories. Strike prices represent the specific levels at which options contracts can be exercised — essentially, the prices at which traders can buy or sell Bitcoin if they act on their contracts.
StarkWare has established a Strategic Bitcoin Reserve, committing to holding a growing share of its treasury in BTC as part of its broader push to integrate the flagship crypto into its Starknet Layer 2 network.
The "Trump Bump" has turned into the "Trump Dump." Just about every cryptocurrency is down big for the year, and there are no signs yet that there will be a turnaround anytime soon.
Bitcoin could drop to $70,000 before its next rally, Arthur Hayes predicts, emphasizing patience. He warns of short-term volatility and highlights central banks' role in driving future gains.
Bitcoin (BTC) price is rallying the broader cryptocurrency ecosystem. This rebound is encompassing, as altcoins like XRP, Dogecoin, and Cardano have also seen their prices clear immediate resistance levels.
Retail traders are going all-in on Bitcoin, but whales are pulling back—who will win?
Bitcoin (BTC) is under severe selling pressure, having lost the $85,000 level just a few days ago. This breakdown has pushed the market to its lowest levels since November 2024, increasing fear and uncertainty among investors.
Bitcoin Magazine The United States Must Embrace Bitcoin Now: A Recap Of Bitcoin For America Speakers at the Bitcoin Policy's Institute's Bitcoin For America event made the case that it's time for the United States to lead the way when it comes to Bitcoin adoption. This post The United States Must Embrace Bitcoin Now: A Recap Of Bitcoin For America first appeared on Bitcoin Magazine and is written by Frank Corva.
Congressman Nick Begich has introduced a companion bill to Sen. Cynthia Lummis' BITCOIN Act, advocating for Bitcoin's integration into the national financial framework. The bill seeks to establish decentralized Bitcoin vaults and recognize Bitcoin as a long-term reserve asset to enhance U.S. economic resilience. The post Rep. Nick Begich Introduces Companion Legislation to Sen. Cynthia Lummis' BITCOIN Act appeared first on Cryptonews.
Several on-chain metrics signal that the market still has rocky times ahead; however, positive signs are beginning to emerge.
The ongoing Bitcoin price crash is a testament to the growing volatility and uncertainty in the crypto market. As Bitcoin faces more downward pressure, the market braces for a wave of key economic reports this week that could influence prices.
A federal court in Puerto Rico has held Juan Carlos Reynoso in contempt for refusing to surrender 119.65 BTC worth approximately $9.7 million, imposing a $10,000 daily fine until he complies with a seizure order. Defendant Faces Mounting Fines After Transferring Seized Bitcoin to Other Wallets Senior U.S. District Judge Francisco A.
Republican Senator Cynthia Lummis has today reintroduced her bill to establish a strategic Bitcoin reserve, taking a legislative path towards President Donald Trump's plan for such a reserve.
Financial services firm Cantor Fitzgerald has chosen its partners for its new global Bitcoin financing business that will allow institutional investors to borrow against their Bitcoin holdings. Anchorage Digital Bank and Copper will serve as collateral managers and provide custody of collateralized assets.