The crypto market is finally seeing relief after a tough start to the week, thanks to key political and economic changes. With the changing microeconomic trend, the crypto market quickly added $89 billion, hitting $2.61 trillion, with $2.63 trillion as a key resistance level.
Franklin Templeton has filed for an exchange-traded fund (ETF) that will track the spot price of XRP, one of the leading cryptocurrencies.
Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.
Metaplanet has purchased 162 Bitcoin, bringing their total holdings to 3,050 BTC. This is the first time Metaplanet's crypto investments have surpassed the 3,000 BTC mark.
XRP price started a fresh recovery wave from the $1.90 zone. The price is now showing positive signs and might clear the $2.250 resistance zone.
The market has likely moved past the narrative that a pro-crypto President is beneficial for the industry, with macro correlations now driving the market.
Bitcoin has plunged to $76,700, marking its lowest level in four months amid global economic turmoil. Indeed, the 30% drop from its all-time high of $109,350 has reignited discussions about a possible trend reversal, as some observers question the sustainability of the bullish cycle.
BitMEX co-founder Arthur Hayes thinks downside continuation is possible for Bitcoin (BTC) even after witnessing a 24% correction from its all-time high.
Fixed trading hours for crypto derivatives might soon be eliminated.
Bitcoin price today has surged remarkably after the latest downtrend. Is the BTC price surge today temporary or permanent?
The number of issuers filing applications for altcoin exchange-traded funds is increasing, with Franklin Templeton becoming the latest.
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.
The SEC is currently reviewing spot crypto ETFs, following its approval of Bitcoin and Ethereum ETFs. Now, big names like Franklin Templeton, Bitwise, 21Shares, Canary Capital, Grayscale, and WisdomTree are all competing to launch an XRP ETF. It has started reviewing with Grayscale's application on February 14, which began a 240-day review period.
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.
Sol Strategies has signed a definitive agreement to acquire three Solana validators, including the prominent Laine validator, and the analytics site Stakewiz.com. This move significantly boosts its staked SOL to 3.3 million and enhances its institutional staking services on the Solana blockchain. Sol Strategies Strengthens Solana Presence with Acquisition of Laine Validator and Stakewiz.
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.
March 12, 2025 05:57:55 UTC Franklin Templeton Submits XRP ETF Application Franklin Templeton, boasting over $1.5 trillion in assets under management, has officially filed an application for an XRP ETF. The fund's XRP assets will be secured by Coinbase Custody Trust Company, ensuring robust asset protection and regulatory compliance.
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.
The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.In a slew of filings on March 11, the agency said it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs are Grayscale's XRP (XRP) and Cboe BZX Exchange's spot Solana (SOL) ETF filings, with the decisions on them pushed until May.
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.
Franklin Templeton has officially filed an S-1 registration form with the SEC to launch an XRP ETF, following its earlier registration of the Franklin XRP Trust in Delaware. The firm now joins Bitwise, Grayscale, and WisdomTree in the XRP ETFs race.
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.
Investment giant Franklin Templeton, managing $1.53 trillion in assets, has filed for an XRP exchange-traded fund (ETF), intensifying competition in the growing crypto ETF space. The firm follows smaller players like Bitwise, Canary Capital, 21Shares, Grayscale, and WisdomTree, whose proposals have already been acknowledged by the U.S. Securities and Exchange Commission (SEC).
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.
In an interview with the Paul Barron Network, Bitwise Chief Investment Officer (CIO) Matt Hougan expressed his perspective on the long-debated regulatory battle surrounding XRP and its potential market reaction once legal uncertainties are resolved. According to Hougan, the crypto asset—long restrained by litigation—may be significantly undervalued, with the potential for a sharp market correction following a favorable resolution to its legal entanglements.
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.