The Trump Administration's Crypto Czar says the US could gobble up more Bitcoin (BTC) to add to its upcoming strategic reserve.
Richard Byworth, managing partner at alternatives investment firm Syz Capital, says the United States' creation of a strategic Bitcoin reserve is historic for the entire crypto market.
Bitcoin ETFs experienced a net weekly outflow of $799 million, marking the fourth consecutive week of outflows. Ether ETFs also faced challenges, recording a net outflow of $120 million. Crypto ETFs Continue to Experience Significant Outflows In the week spanning Mar. 3 to Mar.
Strategy (formerly known as MicroStrategy) has unveiled plans to raise $21 billion through its Series A preferred stock (STRK) to acquire more Bitcoin. According to a March 10 statement, the company had entered a sales agreement to issue and sell shares of its 8.00% Series A perpetual strike preferred stock at the market (ATM).
The IMF said to slow down. El Salvador said no.
Bitcoin (BTC) bulls tried to push the price above $85,000, but the bears held their ground. A minor positive is that larger investors seem to be accumulating at lower levels.
Bitcoin miner CleanSpark will join an important benchmark for US small-cap stocks, underscoring the company's recent string of profitability despite industry volatility following the April 2024 halving. Beginning March 24, CleanSpark's stock will be included in the S&P SmallCap 600 Index.
Bitcoin (BTC -4.72%) took a steep price cut over the weekend. As measured from Friday's market close, the cryptocurrency's price was down 8.9% by 10:45 a.m.
The move follows Strategy co-founder and Executive Chairman Michael Saylor's visit to the White House last week.
Large Bitcoin wallets paused accumulation during holidays, dumped mid-February, but are now re-accumulating as the market looks for direction.
XRP, the fourth-ranked crypto asset, has been experiencing price fluctuations for the last seven days. Notably, XRP's price has plummeted from $2.62 to a low of $2.09 as market volatility continues.
The potential DOJ sell-off and economic concerns could exacerbate market volatility, impacting Bitcoin's stability and investor confidence. The post Bitcoin's price drop sparks speculation over DOJ's possible sell-off appeared first on Crypto Briefing.
We are seeing wild numbers, which is not uncommon in crypto. The last hour saw liquidations hit nearly $109.74 million, according to CoinGlass data.
Bitcoin perpetual funding rates turned slightly negative, reaching an annualized rate of -2%.
Following its recent decline, XRP has been finding it difficult to stay afloat, but there are indications that a reversal may be imminent. In order to stop further declines, the asset has reached a critical support level at about $2.14, where buying interest may rise.
Bitcoin begins a crucial week following a significant drop that has shaken the market. Amid macroeconomic uncertainties, tensions over interest rates, and technical indicators under pressure, investors are closely monitoring the upcoming movements.
Thailand's financial regulator, the Securities and Exchange Commission (SEC), has expanded its list of approved cryptocurrencies. The country has now allowed the use of Tether (USDT) and Circle's USD Coin (USDC) on licensed digital asset exchanges. This decision follows a growing demand for stablecoins in crypto trading and payments worldwide.
RLinda, a TradingView crypto analyst who predicted Bitcoin's previous crash from $91,000, has shared another bearish forecast for the pioneer cryptocurrency. According to the analyst, more pain may be on the horizon for Bitcoin, as it is expected to plummet as low as $73,000.
This is a segment from the Supply Shock newsletter. To read full editions, subscribe.
The exchange is also developing a "first of its kind perpetual-style futures contract with long dated expirations," the company announced.
The exchange is also working on launching perpetual-style futures in the U.S. with long-dated expirations.
Coinbase Derivatives, a CFTC-regulated futures exchange, is preparing to introduce 24/7 Bitcoin and Ethereum futures trading for U.S. traders. This marks the first time crypto futures will be available around the clock in the U.S.
XRP (XRP) took a hit over the weekend as the broader crypto market tumbled in response to President Trump's highly anticipated crypto summit.From Friday to Sunday, Ripple's native asset dropped 17.8%, as traders reacted to the event with a classic “sell the news” move.
TL;DR Ethereum investors have withdrawn billions from exchanges amid increasing selling pressure in the cryptocurrency market. On-chain data revealed that $1.8 billion worth of Ethereum left exchanges last week, marking the largest outflows since December 2022.
Watch Daily: Monday - Friday, 3 PM ET
Shiba Inu (SHIB), the dog-themed meme coin, has experienced major bearish pressure on the broader cryptocurrency market. This drawdown is threatening SHIB's ranking among the top 20 crypto assets.
Last week saw historic crypto events: Strategic Bitcoin Reserve (SBR)/ Digital Asset Stockpile (DAS), a Crypto Czar appointment (David Sacks), and the first Crypto Summit. You'd think that with such significant announcements, the crypto markets would respond positively and surge.
The crypto market continues its downward spiral, with Bitcoin slipping below $80K and Ethereum nearing a critical breakdown. What's driving the sell-off, and how can traders still profit?
TL;DR Strategy plans to offer up to $21 billion in preferred shares to strengthen its position as the largest corporate holder of Bitcoin. The company will use various financing sources, including stock issuance and convertible debt, to increase its BTC reserves.
Digital asset investment products continued their losing streak for the fourth consecutive week, with outflows reaching $876 million, according to CoinShares‘ latest report. James Butterfill, head of research at CoinShares, noted that while the rate of capital flight has slowed, investors remain cautious amid the bearish market situation.
Ethereum's price has dropped another 13% over the past week. During Monday's early Asian hours, the leading altcoin plunged to $1,997—its lowest level since December 2023.
Nasdaq-listed Bitcoin mining firm CleanSpark has announced its upcoming inclusion in the S&P SmallCap 600 index. CleanSpark, one of the largest Bitcoin (BTC) mining companies in the world, revealed this via press release on Mar. 10.
The price of bitcoin continues to tank, declining to a low of $79,170 per unit on Monday, March 10, 2025. The leading crypto asset is mirroring U.S. equities as recession anxieties ignite a widespread sell-off. Economic Jitters Drive Bitcoin Lower Bitcoin (BTC) has lost an additional 5.2% against the U.S.
An XRP community enthusiast who goes by @WKahneman on the semi-ironic "Mannet" has shared some moderate optimism as the XRP price tumbles together with the entire altcoin segment. The pump triggered by the U.S. crypto reserve announcement appeared to be a "sell the news" event for XRP.
Despite President Trump implementing several crypto-friendly measures, such as creating a strategic crypto reserve, the market did not see an increase in buying demand. Last week, the crypto market experienced a decline, with major losses across Bitcoin, Ethereum, and other crypto exchange-traded products. According to a CoinShares report, crypto ETPs have collectively lost $4.
Bitcoin (BTC) sought a rematch with multimonth lows on March 10 as familiar selling accompanied the start of Wall Street trading. BTC/USD 1-hour chart.
Coinbase's 24/7 crypto futures could enhance US market competitiveness, aligning domestic trading with global crypto activity and standards. The post Coinbase to launch first 24/7 Bitcoin and Ethereum futures in the US appeared first on Crypto Briefing.
With BTC struggling to hold key support and bearish momentum building, traders are asking, will Bitcoin crash to $47,000.
The price action came as the Nasdaq and S&P 500 stock indexes fell sharply early Monday as Trump failed to quell worries about a recession.
The flotilla leader of crypto sinks below $80K right after a bloody week for Bitcoin-powered ETFs on trad markets.
As the crypto market slumps, WLF portfolio dropped to $79.6 million. Ethereum accounts for a large portion of the loss of WLFI.
Spain's second-largest bank, BBVA, has secured approval to offer Bitcoin and Ether trading. The move aligns with the shift in European banking as institutions race to comply with MiCA regulations.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a significant outflow from exchanges over the last week, marking the highest weekly withdrawal since December 2022. This movement signals a shift in investor sentiment, despite lingering pessimism surrounding ETH's price performance.
MicroStrategy has announced plans to raise up to $21 billion through a stock offering to fund further Bitcoin acquisitions. The move comes even as the company refrains from making new BTC purchases for the second consecutive week, an unusual pause in its typically aggressive buying strategy.
Singapore Exchange Ltd. (SGX) is considering launching Bitcoin (BTC) perpetual futures as traditional financial institutions deepen their involvement in the crypto industry, according to a Bloomberg report.
Bitcoin drops to $81K as Trump's Bitcoin Reserve order fuels uncertainty, liquidations, and market panic.
The mainnet launches with over $233 million worth of BTC, ETH and native asset MOVE in liquidity raised through Movement's Cornucopia program
The Singapore Exchange (SGX) is preparing to launch Bitcoin perpetual futures in the second half of 2025. This move aligns with the growing trend of crypto derivatives, with other major exchanges, such as Japan's Osaka Dojima Exchange, also planning to introduce Bitcoin futures.