Bitcoin has long been the focal point of the cryptocurrency market, regularly attracting attention due to its volatility and price swings. Recently, the cryptocurrency saw a dramatic drop from its all-time high of $109K to a low of $78K, only to rebound to around $88K.
Benzinga is pleased to announce the conclusion of our highly anticipated debate on the topic: Gold vs. Bitcoin: Which is the better reserve asset and why?
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Blockstream's institutional Bitcoin investment funds will launch on April 1st, 2025.
The Trump administration will unleash a new era of crypto innovation, said ZX Squared founder CK Zheng.
Metaplanet has expanded its Bitcoin holdings to 2,888 BTC with a $43.9 million purchase, buying the dip twice in just two days as part of its aggressive accumulation strategy.
“Proof of work > proof of whining”, - testified Bukele, in response to restrictions imposed along with the $3.5B IMF deal.
New information about the proposed US crypto reserve is expected to be revealed during the upcoming White House Crypto Summit this Friday, as reported by The Pavlovic Today.
Wyoming Sen. Cynthia Lummis, a leading bitcoin proponent, cast doubt on the immediate feasibility of former President Donald Trump's proposed cryptocurrency strategic reserve, citing insufficient Congressional backing as a critical barrier.
Belarus President Alexander Lukashenko has reportedly directed his administration to explore Bitcoin mining to capitalize on the country's surplus energy, the state-owned national news agency BeITA reported on March 4. According to the report, Lukashenko stressed that the country should use its excess electricity for crypto mining, pointing to increased demand and potential profitability.
Bitcoin struggles to overcome $90,000 as bears attempt to hold the level as resistance, but BTC and altcoin charts suggest the upside is the most likely path that prices will take.
Bitcoin price rallied 10% as Trump hinted at a tariff rollback, boosting risk appetite. However, market uncertainty persists, as analyst spots patterns similar to 2019's US trade war impact.
The financial landscape of Bitcoin is undergoing a silent transformation. Blockstream, a giant in blockchain infrastructure, has just unveiled an initiative that could rewrite the rules of institutional credit.
According to a report published by The Pavlovic Today on March 5, US President Donald Trump is preparing to announce a major shift in digital asset policies at the first-ever Crypto Summit, set to take place at the White House on Friday.
Bitcoin's volatility intensified over the past week as prices declined, allowing retailers to buy the dip.
Bitcoin Magazine Bitcoin Blockchain Used To Secure Results Of Tennessee County's Republican Convention Vote In a hotly contested election for local Republican party leadership in Williamson County, TN, Simple Proof, a company that safeguards public records using the Bitcoin blockchain, was called in to preserve the integrity of the results. This post Bitcoin Blockchain Used To Secure Results Of Tennessee County's Republican Convention Vote first appeared on Bitcoin Magazine and is written by Frank Corva.
News of potential interest cuts and the expected unveiling of a national crypto strategic reserve at the upcoming White House Crypto Summit, all helped buoy the dominant cryptocurrency. Bitcoin Price Rises Amid Positive Market Sentiment Bearish traders suffered liquidations on their short positions as positive economic news gave bitcoin a modest 7% rally this morning.
Metaplanet Inc. has expanded its bitcoin treasury, purchasing 497 BTC at an average price of $88,448 per coin, totaling $43.9 million (6.6 billion yen). This latest acquisition brings the company's total bitcoin holdings to 2,888 BTC, purchased at an average price of $84,127 per BTC, reinforcing its aggressive accumulation strategy.
During Bitcoin's (BTC) rally above $90,000 on Tuesday night and Wednesday morning, the prominent investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,' Robert Kiyosaki, took to X to berate investors who sold their cryptocurrency during the preceding downturn:
US Congressional support for a Bitcoin reserve is lacking, Senator Cynthia Lummis warns as BTC price momentum stalls.
Crypto prices have made solid gains today, March 5, 2025. The total crypto market cap is back above $3 trillion and Bitcoin reclaimed $90,000 briefly before retreating to around $89,000.
TL;DR Donald Trump has announced the creation of a “Bitcoin Strategic Reserve,” confirmed by Commerce Secretary Howard Lutnick. The strategy is primarily focused on BTC, but will also include other cryptocurrencies like XRP, SOL, and ADA. The Crypto Summit will bring together industry experts to discuss regulation and the future of cryptocurrencies in the U.S.
Shaquille O'Neal , the NBA legend turned business mogul, has consistently voiced skepticism about cryptocurrency, yet evidence reveals he dipped into the market with a $20,000 Ethereum (CRYPTO: ETH) purchase to acquire NFTs in 2021. "I don't understand it, so I will probably stay away from it until I get a full understanding," O'Neal told CNBC in 2022.
Crypto market volatility discouraged digital asset speculation, flushing out Bitcoin leveraged positions despite the March 4 recovery bounce.
Bitcoin Magazine Howard Lutnick Says President Trump to Unveil Bitcoin Reserve Strategy This Week Commerce Secretary Howard Lutnick reveals President Trump will announce a bitcoin strategic reserve at Friday's White House crypto summit. This post Howard Lutnick Says President Trump to Unveil Bitcoin Reserve Strategy This Week first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.
The crypto market is recovering today after selling off most of its Sunday gains at the beginning of the week. Two tokens stand out from the crowd, AAVE (AAVE) and Chainlink (LINK), as they have posted double-digit gains in the past 24 hours.
The increase in public spending: an oasis for risky assets?
President Donald Trump recently outlined five cryptocurrencies as potential candidates for the U.S. strategic crypto reserve: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP (XRP), and Cardano (ADA).
Bitcoin price is rising today even after China vowed to retaliate against Donald Trump's trade war. It rose 8% and moved back above the crucial resistance at $90,000.
Thus far, Donald Trump's presidency has been a mixed bag for the cryptocurrency market.
The world's largest crypto is lower so far in 2025 after a number of violent price swings.
Venture capitalist Chris Burniske isn't backing away from the crypto market despite the sector's recent price woes. Burniske tells his 325,100 followers on the social media platform X that he thinks the current downtrend is a mid-bull market pullback. He also thinks the cycle top hasn't arrived yet.
Commerce Secretary Howard Lutnick has reinforced Donald Trump's pro-crypto stance, hinting at major policy shifts set to be unveiled during Friday's White House crypto summit. What Happened: In an interview with The Pavlovic Today on Wednesday, Lutnick stated that Trump "definitely thinks there's a Bitcoin (CRYPTO: BTC) strategic reserve.
The US Department of the Treasury has imposed sanctions on Behrouz Parsarad, an Iranian national accused of managing the now-defunct Nemesis darknet marketplace. As part of the action, authorities blacklisted 49 Bitcoin (BTC) and Monero (XMR) addresses linked to him.
A massive event has shaken the crypto market following the infamous Bybit hack, with 417,348 ETH, valued at approximately $720 million, being converted into Bitcoin. This high-profile move has raised concerns about market volatility, with the potential to impact both the ETH and BTC markets.
The macro picture is changing, presumably for the better, and from today there is a little less fear.
Few things have been stable on the cryptocurrency market over the past 12 months, except for the rise of Bitcoin. If you compare the prices then and now, only the main cryptocurrency has shown any significant growth over this period.
China and Germany's shift in fiscal policy might calm crypto market nerves.
A very red week to end February is now more mixed as Friday saw inflows of $94 million, compared to outflows of $1.1 billion the Wednesday prior.
The Bitcoin market continues to see a lot of noisy and wild trading, as the US dollar fall has been part of the issue, as well as the idea that the Federal Reserve will probably start thinking about cutting rates.
In remarks shared with the news publication, The Pavlovic Today, U.S. Commerce Secretary Howard Lutnick disclosed that the forthcoming White House Crypto Summit will likely serve as the stage for unveiling the strategic crypto reserve.
President Donald Trump is set to unveil a Bitcoin reserve strategy at the White House Crypto Summit Commerce Secretary Howard Lutnick confirmed the plan in an interview with The Pavlovic Today, stating that Bitcoin would receive special status under Trump's
Few people realize what is going on in the cryptocurrency market these days, and that statement has generally always been true. However, it is also true that the market and its participants have not seen such turmoil in a long time.
Bitcoin, the top cryptocurrency, has seen wild price swings, crashing from its all-time high of $109K to a multi-month low of $78K.
Increasing correlation with US stocks and growing fears of "Trumpcession" have primarily driven the Bitcoin sell-off.
Peter Schiff, economist and crypto critic, demands an investigation into Trump's crypto reserve, claiming that the announcement might amount to a pump and dump scheme.
El Salvador's President Nayib Bukele has dismissed conditions set by the International Monetary Fund (IMF) as part of a $1.4 billion loan deal.
Bitcoin is set to hold a unique status within the crypto reserve, said Lutnick, while altcoins will be treated "positively, but differently."