The cryptocurrency dipped below $77,000 overnight before making a modest recovery to $80K in the morning. Bearish Pressure Continues: Bitcoin Lingers Above $80K After Overnight Slump Bitcoin tumbled all the way to $76,624.25 late last night, a 4-month low, before later recovering.

The Bitwise Standard Corporations ETF will track 21 publicly traded companies, including Strategy and miner MARA.

Amid all the turbulence on the crypto market recently, many digital asset enthusiasts are keeping their eyes on the bigger picture. For example, Anthony Scaramucci sees Bitcoin (BTC) reaching $200,000 by year-end.

Pro-crypto Republican senator from Wyoming, Cynthia Lummis, has published several tweets about Bitcoin, promising that “Big things” were coming, in one of them. The “B” was written with four vertical strokes, representing Bitcoin.

Germany's Deutsche Boerse has announced launching Bitcoin and Ether Institutional Custody. There has been a surge in crypto adoption across Europe over the past few months.

Bitwise Asset Management has launched Bitwise Bitcoin Standard Corporations ETF (OWNB), a new investment product designed to provide exposure to companies holding significant Bitcoin reserves. According to a March 11 statement, the ETF follows the Bitwise Bitcoin Standard Corporations Index, which includes firms that have integrated Bitcoin into their corporate treasuries.

Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional investors.In a March 11 announcement, Cantor Fitzgerald said it is rolling out its Bitcoin (BTC) financing business with $2 billion in initial capital to help institutional investors borrow against their crypto holdings. Anchorage Digital and Copper will safeguard clients' digital assets by acting as custodians and collateral managers, the company said.

Strategy, previously known as MicroStrategy, is taking decisive steps to expand its Bitcoin holdings with a bold financial maneuver.

President Donald Trump spooked Bitcoin and other markets after announcing a tariff increase on Canadian steel and aluminum from 25% to 50%, citing Ontario's 25% tariff on U.S. electricity.

Veteran trader Peter Brandt has sparked fresh discussion on Bitcoin's (BTC) price after responding to an analyst's indication that the market top is already in. In a tweet, Brandt weighed in on the analysis, stating:"You did a fab job calling the top in Bitcoin.

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Miners have no choice but to sell more Bitcoin during the current downturn, adding to the selling pressure from the recent disappointment that the government won't buy new Bitcoin for the reserve, plus macroeconomic uncertainty due to tariffs.

Bitcoin and the global cryptocurrency market faced a sharp decline as concerns over the U.S. economy pushed investors into panic mode. Bitcoin dropped to $76,000, marking its lowest level in four months. This sudden drop caused massive liquidations, with traders losing $952 million in just 24 hours.

Time no longer has control over the crypto markets. Coinbase has just broken free from fixed hours by announcing 24/7 trading of futures contracts on Bitcoin and Ethereum for American residents.

The popular Bitcoin meme will soon have a corresponding Ordinals collection, as Taproot Wizards will launch their long-awaited NFTs.

An initial tranche of whitelisted assets will be offered for 0.2 BTC, with the remaining tokens sold in a Dutch auction.

The current bearish state of the overall crypto market has triggered fears of a bear market since Bitcoin, the largest digital asset, continues to decline, reaching as low as $77,760. It is worth noting that BTC has been decreasing from its new all-time high of $109,000.

The move furthers Cantor Fitzgerald's bitcoin financing business, first announced in mid-2024, that provides leverage to institutional bitcoin investors.

The Bitwise Bitcoin Standard Corporations ETF holds the largest companies that adopted MSTR's playbook of holding BTC as a treasury asset.

President Donald Trump announced a 50% tariff on Canadian steel and aluminum imports, combining a 25% duty on metals with a 25% general tariff on all Canadian goods, effective March 12, 2025. The move escalates a trade dispute centered on Canada's “anti-American farmer tariffs” of up to 390% on U.S.

Bitcoin (CRYPTO: BTC) is down 17% over the past 30 days, leaving traders and analysts speculating about how much farther the crypto king has to fall. What Happened: In an X post on Tuesday, pseudonymous trader Astronomer said there is an 87.5% chance that Bitcoin has bottomed, based on historical price action around FOMC meetings, where it has reversed 14 out of 16 times (87.5%) before or on the meeting date.

Bitcoin (BTC) cooled a 7% rebound after the March 11 Wall Street open as familiar headwinds sparked market jitters. BTC/USD 1-hour chart.

The SBR will elevate bitcoin's institutional standing, the report said.

Sen. Cynthia Lummis, a major proponent of bitcoin, reintroduced her bill to create a strategic bitcoin reserve.

The last 24 hours on the crypto market have once again been chaotic, especially for perpetual futures and other types of leveraged traders. After massive price swings, mostly to the downside, the price of Bitcoin fell from as high as $84,100 to as low as $76,560, a 9% move for a $1.65 trillion asset in a matter of hours.

According to blockchain analytics firm Lookonchain, an address containing a large amount of Bitcoin owned by the long-defunct cryptocurrency exchange Mt. Gox just moved funds.

Bitcoin (BTC) tumbled 4.5% below $80,000, triggering a market-wide sell-off that erased $700 million in long positions. Dogecoin (DOGE) and Ethereum (ETH) plummeted 9%, while Solana (SOL) and XRP shed 8% and 7%, respectively.

Defiances leveraged MicroStrategy (MSTR) ETFs witnessed record trading activity on Monday as the bitcoin-heavy firms shares plunged to their 200-day moving average. The Defiance 2x Long MSTR ETF (MSTX) saw 24.33 million shares change hands, a record high, as its price dropped 32% to $17.90its lowest since September.

The recent declines in Bitcoin (BTC) and the Nasdaq coincide with a sharp rise in Japanese government bond yields and the strengthening yen (JPY), echoing market trends from last August. The yens rally, driven by narrowing U.S.-Japan bond yield differentials, may have triggered a wave of risk aversion across global markets.

Bitcoin (CRYPTO: BTC) is a very valuable long-term strategic asset that the United States should hold in its reserves, according to Anthony Scaramucci, founder and managing partner of SkyBridge Capital. What Happened: In an interview with CNBC on Monday, Scaramucci praised the Trump administration's efforts to establish a Bitcoin reserve, arguing that it positions the cryptocurrency as a critical component of the nation's financial future, akin to digital gold.

Ethereum (ETH) has gone down 11.8% in the past 24 hours as market sentiment remains heavily depressed.

Ethereum (ETH) has gone down 11.8% in the past 24 hours as market sentiment remains heavily depressed.

Senator Cynthia Lummis announced the reintroduction of the Bitcoin Act at a Bitcoin-focused conference hosted by the Bitcoin Policy Institute. The bill, co-sponsored by West Virginia Republican Senator Jim Justice, proposes that the U.S.

TL;DR Mt. Gox has moved 11,501 BTC, valued at approximately $905 million, to an unidentified wallet, suggesting a possible advancement in creditor repayments. Despite the large amount transferred, Bitcoin's price impact was temporary, with a quick recovery after a brief 2.4% drop. The exchange still holds $2.

Cantor Fitzgerald, a leading financial services firm based in the United States, has picked Anchorage Digital and Copper.co as launch partners for its soon-to-launch Bitcoin financing business.

StarkWare also outlined three further developments as plans for the Starknet Layer 2 to unify Bitcoin and Ethereum escalate.

Strategy's CEO, Michael Saylor, is planning a massive fundraising to continue accumulating Bitcoin. Already holding nearly 500,000 BTC, the company is launching an ambitious "ATM Program" that could transform the market.

Industry experts have proposed various scenarios for Bitcoin's potential bottom after its price fell below $80,000 on Monday.

New ETF tracks public companies holding at least 1,000 bitcoin.

As bitcoin trades at $81,626—just shy of the $82,000 mark—disparities in mining costs among leading public firms expose striking operational differences, with some companies extracting bitcoin at a fraction of the network's estimated average.

Deutsche Börse Group is doubling down on its crypto foray with its subsidiary Clearstream entering the crypto custody market. According to an announcement on Mar. 11, the Germany-based post-trade powerhouse will as from April 2025 offer Bitcoin (BTC) and Ethereum (ETH) custody services. The move continues Deutsche Börse's foray into the digital assets market.

Michael Saylor, a Bitcoin evangelist and a co-founder of BTC-focused Strategy, has taken to social media to share with the crypto community a solid reason why the US government should begin to accumulate Bitcoin soon for the Strategic Bitcoin Reserve (SBR).

The business launches with $2 billion in initial financing.

Senator Cynthia Lummis has revealed that she will reintroduce the Bitcoin Act bill in the US Congress. This development is significant as the bill, if passed, would provide further legitimacy for the Strategic Bitcoin Reserve which US President Donald Trump created with an Executive Order last week.

Reintroducing the Bitcoin Act could significantly impact U.S. financial strategy and global cryptocurrency dynamics, pending legislative support. The post Senator Lummis reintroduces BITCOIN Act, proposing 1 million BTC purchase appeared first on Crypto Briefing.

CryptoQuant data indicates a significant decline in Bitcoin and Ethereum futures open interest, suggesting a potential leverage washout.

Cathie Wood sees Bitcoin (CRYPTO: BTC) as an essential asset for institutional investors, recapping her history with the most valuable cryptocurrency since 2015. What Happened: Speaking at Bitcoin Investor Week with Anthony Pompliano at the end of February, ARK Invest CEO Cathie Wood said she believes Bitcoin has become "undeniable" as an investment force, making it "absolutely essential that institutional asset allocators take a look at this asset" or risk failing their "fiduciary responsibility.