TL;DR $100M Losses: Bitcoin speculators lost over $100M in six weeks as panic selling took hold. Market Capitulation: Bitcoin's price drop caused the market cap to fall below the realized cap, leaving many investors underwater. Heightened Selling Pressure: Declining NUPL scores and steep drops indicate widespread capitulation following a 30% drop from recent highs.
British authorities have charged National Crime Agency (NCA) officer Paul Chowles with multiple offenses related to the alleged theft of 50 Bitcoin in 2017. At the time of the alleged theft in 2017, the Bitcoins were valued at approximately £60,000 (equivalent to $77,400).
As reports emerge that the SEC may soon settle its long-running dispute with Ripple Labs, the cryptocurrency world is filled with anticipation.
TL;DR The company has launched BMAX, the first ETF offering access to convertible bonds issued by companies integrating Bitcoin into their treasury strategies. MicroStrategy leads the way with its strategy of issuing convertible bonds to acquire Bitcoin, which has inspired this ETF with 81.21% of its weighting in bonds from Michael Saylor's firm.
The company is, meanwhile, racing to gain approval for an ETF tracking U.S. President Donald Trump's meme coin.
As the race for crypto ETFs intensifies, ETF Store President Nate Geraci expects BlackRock to file for Solana and XRP ETFs. With regulatory factors at play, industry experts speculate on how these filings could impact investor sentiment and market adoption of digital asset investment products. The post BlackRock Expected to File for Solana and XRP ETFs, Says ETF Store President appeared first on Cryptonews.
United States Senator Cynthia Lummis has reintroduced The Bitcoin Act, which proposes the government include the asset in its national reserves. This comes after President Trump's executive order creating a Strategic Bitcoin Reserve last week.
Investors are taking a risk-off stance as they apply more caution in their ETH positions due to macroeconomic concerns.
Ethereum's vision appears to be so messy that it leaves EVM changes in limbo, says a former Ethereum Foundation engineer.
XRP and Ethereum (ETH) are taking new shape amid the broader volatility on the market, which has pushed most assets into consolidation. At the time of writing, the price of XRP was trading for $2.304, up by 0.64% in 24 hours, per CoinMarketcap Data.
Bitcoin's open interest on centralized exchanges and the CME has returned to pre-November 2024 election levels, signaling market stabilization as BTC rebounds to $83,400 following a recent low of $76,600.
Bitcoin and other cryptocurrencies have remained in a strong downtrend this year, shedding over $1 trillion in value.
You know that Peter Schiff loves to make a statement about Bitcoin that sparks a debate, and today was no exception. The financial expert took to X to lay out a case that he says has been unfolding right under everyone's nose: Bitcoin (BTC) has been in a bear market for years, but few have noticed because they have been measuring it the wrong way.
Bitcoin (BTC) circled $83,000 at the March 14 Wall Street open as traders set out requirements to flip bullish. BTC/USD 1-hour chart.
REX Shares, an exchange-traded fund (ETF) provider with over $6 billion in assets under management (AUM), launched its Bitcoin (BTC) Corporate Treasury Convertible Bond (BMAX) ETF that invests in the convertible bonds of companies with a BTC corporate reserve strategy.According to the March 14 announcement, the ETF will purchase the convertible notes of companies such as Strategy. Convertible notes are commercial paper that can be converted into equity at a predetermined rate if an investor chooses.
REX Shares launched the first ETF focused on convertible bonds tied to bitcoin-focused corporate treasury strategies. The convertible paper of Michael Saylor's Strategy makes up the majority of the fund holdings.
Prominent economist Peter Schiff is once again taking shots at Bitcoin (CRYPTO: BTC), highlighting its underperformance against gold. What Happened: In a series of posts on X, Schiff noted that Bitcoin's value in gold terms has fallen 24% since its 2021 peak, framing Bitcoin's weakness as a “stealth bear market” while gold, as "real money," continues to appreciate.
The Singapore-based miner has big plans to shake up ASICs with a new design and a greater commitment to transparency.
Right now, there's extreme fear in the cryptocurrency market. The CoinMarketCap crypto fear and greed index is at 19 (out of a possible 100), suggesting that many market participants are ready to throw in the towel on Bitcoin (BTC 1.81%).
Ripple is moving 200 million XRP of March's reserved amount from this month's unlock, usually used to sell in exchanges. At current prices, this batch is worth over $465 million and could pressure the XRP price downwards, favoring the bears.
Ethereum Foundation developers are planning to launch the Hoodi testnet before the Pectra upgrade mainnet launch. Pectra upgrade mainnet launch was delayed after facing configuration issues on Holesky and Sepolia testnets.
BlackRock may soon expand its crypto ETF offerings to include Solana and XRP, according to Nate Geraci, president of The ETF Store.
In the latest episode of the Coinstories podcast hosted by Nathalie Brunell, James Seyffart, a research analyst at Bloomberg Intelligence, outlined why the next significant surge of Bitcoin Exchange-Traded Fund (ETF) adoption is likely to come from major wirehouses, such as UBS, Morgan Stanley, and Merrill Lynch.
REX Shares, a provider of investment products, has announced the launch of a first-of-its-kind exchange-traded fund (ETF) that offers exposure to convertible bonds issued by companies with a Bitcoin strategy.
According to the recent price movement of Bitcoin, getting to $100,000 might not be as difficult as some people think. Bitcoin is in a position where it can rise with little immediate resistance because bearish liquidity on the derivatives market has all but disappeared.
REX Shares has launched the REX Bitcoin Corporate Treasury Convertible Bond ETF. This will be a fund that invests in convertible bonds issued by companies that hold Bitcoin (BTC) in their corporate treasury, according to a company release.
The dominant cryptocurrency traded above $83,000, while gold soared past $3,000 for the first time, as tariff-wary investors chose it as a safe haven asset. Gold Soars Past $3K While Bitcoin Chugs Along Above $83K Bitcoin (BTC) saw modest gains over the past 24 hours, rising 0.76% to $83,486.74, though it remains down 6.
Russia has started employing cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) to manage a growing segment of its oil transactions with China and India, sidestepping Western sanctions, according to a Reuters report. These deals, handled through middlemen, convert local currencies like yuan and rupees into rubles, with stablecoins such as USDT also playing a role, though their centralized issuer, Tether (CRYPTO: USDT), can halt funds under regulatory scrutiny.
A Democratic lawmaker is urging the US Treasury to halt the creation of a Strategic Bitcoin Reserve, citing conflicts of interest with Donald Trump.
XRP is signaling bullish moves. The coin is witnessing a price rally that could see it close the month of March on a positive note.
Bitcoin price is enroute to record its biggest weekly gain since mid-January, but needs to return to VWMA level to gain traction.
BlackRock, the world's largest asset manager, is expected to enter the Solana and XRP exchange-traded fund (ETF) market, according to Nate Geraci, president of The ETF Store.
Paul Chowles, an operational officer with the UK's National Crime Agency, has been charged with multiple offenses linked to the alleged misappropriation of Bitcoin during an investigation into online organized crime in 2017.
TL;DR The world's largest asset manager, BlackRock, is closely monitoring the outcome of the SEC lawsuit against Ripple before launching an exchange-traded fund based on XRP. With $1.5 trillion in assets under management, Franklin Templeton has already submitted its application for an XRP ETF, intensifying competition in the sector.
Mike McGlone, the senior commodity strategist at Bloomberg Intelligence, has published two tweets, elaborating why the world's flagship cryptocurrency Bitcoin may crash to the $10,000 level in the near future.
Bitcoin exchange-traded funds have maintained over 95% of their invested capital, despite a slowdown in inflows and a recent significant drop in price. This resilience, comparable to that of traditional stock ETFs, reflects a change in the behavior of crypto investors.
ETH Spot ETFs have seen more than $500 million in outflows over the past three weeks.
Bitcoin (BTC) has failed to reclaim $84,000 resistance again and has fallen 4% to retest another crucial support zone. Some analysts suggested that the cryptocurrency's rally will be determined by its weekly close, which could see BTC crash or climb to new levels.
The Bitcoin market rallied a bit in the early hours of Friday, as the market continues to look for a reason to get going higher. However, at this point in time, the market looks like it is simply trying to find a floor.
The proposed legislation could solidify Bitcoin's role in U.S. financial strategy, potentially influencing future economic policies. The post Rep.
The crypto market is currently struggling to regain momentum, with Bitcoin hovering around $83k. Amid this, investors are focusing on long-term opportunities.
The fund provides exposure to convertible bonds issued by companies holding bitcoin in their corporate treasury.
The latest Bitso Crypto Landscape in Latam report indicates that the region is still fertile ground for cryptocurrency markets. The stablecoin market grew, accounting for almost 40% of all purchases, while bitcoin purchases diminished to 22%.
The price of Ether has been declining since it fell below the psychological price threshold of $2,000. Currently, ETH price stands at $1,871.
Bitcoin Magazine This Rare Bitcoin Buy Signal Could Ignite Next BTC Rally Bitcoin buy signal emerges as DXY drops 3.4%, a rare event seen 3 times before, hinting at a big BTC rally. This post This Rare Bitcoin Buy Signal Could Ignite Next BTC Rally first appeared on Bitcoin Magazine and is written by Matt Crosby.
REX Shares has launched a new, first of its kind exchange-traded fund focused on convertible bonds from companies incorporating Bitcoin into their treasury.
Bitcoin (BTC) breached a rising support trendline against gold (XAU), which has been intact for over 12 years, on March 14. XAU/BTC ratio weekly performance chart.
Gemini has set a new Guinness world record for the largest aerial display of a currency symbol using 1,000 drones forming the Bitcoin symbol.