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news-imageFebruary 17, 2025

Crypto Price Analysis 2-17: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGWIFHAT: WIF, CELESTIA: TIA, ARBITRUM: ARB, OPTIMISM: OP

Bitcoin (BTC) has started the week in the red, with the price down over 1% and trading considerably below the $97,000 level at $96,400. The flagship currency dipped to a low of $96,144 before recovering to its current level.
Publisher: Crypto Daily
Sentiment: Neutral
ARB
BTC

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Positive
cover-imageTokenpost
March 24, 2025

Bitcoin Rises on Dovish Fed and Tariff Easing Hopes Amid Market Rebound

Bitcoin (BTC) surged 2.7% to around $86,500 early Monday during Asia trading hours, driven by improved risk sentiment amid reports that U.S. tariffs set for April 2 under President Donald Trump may be less aggressive than feared. Solana (SOL) jumped nearly 6% to $138, while XRP climbed 2.5% to $2.44, trading above its 50-day moving average after two weeks of gains, according to CoinDesk.

Negative
cover-imageTokenpost
March 24, 2025

Solana Co-Founder Slams Layer-2s, Calls Them Redundant and Less Secure

Solana co-founder Anatoly Yakovenko has taken a strong stance against layer-2 (L2) blockchain solutions, arguing theres no need for them when layer-1 (L1) blockchains can be faster, cheaper, and more secure. According to Yakovenko, L2s face limitations due to their dependence on slower L1 data availability layers and must rely on complex fraud proofs and multisig upgrades, which introduce additional security risks.

Positive
cover-imageTokenpost
March 24, 2025

Peter Schiff Turns Heads with Strategic Bitcoin Reserve on 62nd Birthday

Peter Schiff, a long-time critic of Bitcoin, is making headlines for a surprising movebuilding his own Bitcoin (BTC) reserve. The 62-year-old gold advocate, known for his vocal skepticism of crypto, recently launched what he calls a Strategic Bitcoin Reserve, a project inspired by the U.S. governments budget-neutral asset acquisition strategy.

Positive
cover-imageCoinPedia
March 24, 2025

Metaplanet Acquires 150 More Bitcoin

Metaplanet has made a strategic move by acquiring 150 BTC for approximately $12.6 million, with each bitcoin purchased at around $83,801. So far in 2025, the Company has maintained an impressive BTC Yield of 68.3%. As of March 24, 2025, Metaplanet's total holdings now stand at 3,350 BTC.

Neutral
cover-imageBenzinga
March 24, 2025

Bitcoin Arms Race: Peter Schiff Doubts Cynthia Lummis' Theory That China Wants To Take On US — 'Smart Enough To Have Sold'

Renowned economist Peter Schiff expressed doubts on Saturday that China would engage in a Bitcoin (CRYPTO: BTC) buying competition with the U.S., a view previously espoused by Senator Cynthia Lummis (R-WY). What Happened: Schiff took to X, questioning the narrative of a potential Bitcoin ‘arms race' between the U.S. and China.

Positive
cover-imageCointelegraph
March 24, 2025

Bitcoin bottom forming as Fed eases, Trump softens on tariffs: Analyst

Bitcoin may have bottomed and could rebound toward $90,000 after US President Donald Trump signaled a willingness to ease tariffs and the Federal Reserve resisted short-term pressure last week, according to a crypto analyst.“Bitcoin is attempting to form a bottom, supported by Trump's recent shift toward ‘flexibility' on the upcoming April 2 reciprocal tariffs, softening his earlier rhetoric,” 10x Research's founder Markus Thielen said in a March 23 report.

Neutral
cover-imageBitcoin
March 24, 2025

Dormant 2011 Bitcoin Wallet Awakens, Transferring 100 BTC Worth $8.5M

On Sunday, a wallet that had lain inactive for nearly 14 years sprang to life, executing a transaction of 100 BTC—a haul from 2011 now valued at $8.5 million. 14-Year-Dormant Bitcoin Migrates to Modern P2SH Addresses At block height 889,103, a long-dormant Pay-to-Public-Key-Hash (P2PKH) wallet sprang into action, migrating 100 BTC—now valued at $8.

Positive
cover-imageCointelegraph
March 23, 2025

Fidelity files for Ethereum-based US Treasury fund ‘OnChain'

Fidelity Investments has filed to register a tokenized version of its US dollar money market fund on Ethereum — joining the likes of BlackRock and Franklin Templeton in the blockchain tokenization space.Fidelity's March 21 filing with the US securities regulator said “OnChain” would help track transactions of the Fidelity Treasury Digital Fund (FYHXX) — an $80 million fund consisting almost entirely of US Treasury bills. While OnChain is pending regulatory approval, it is expected to take effect on May 30, Fidelity said.

Positive
cover-imageZycrypto
March 23, 2025

Tron Considering Bitcoin Inspired Halving — Will TRX go Above $0.4 in the Next Bull Phase?

Tron founder Justin Sun recently took to X (formerly Twitter) to raise public awareness regarding the digital currency's proposed block reward halving. He drew parallels with Bitcoin's much-touted 4-year halving cycle, in which the premier cryptocurrency undergoes a major bull phase followed by a bearish cooldown before starting things all over again in the ensuing couple of years.

Positive
cover-imageCoingape
March 23, 2025

BTC Above $85k: Why Is The Bitcoin Price Up Today?

Bitcoin price is trading above $85K with on-chain indicators painting a rosy picture for the largest cryptocurrency. Apart from the charts, Bitcoin's recent surge can be attributed to a streak of fundamentals, lining up the asset for a bigger rally.

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