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news-imageMarch 13, 2025

Financial advisers, wirehouses set to fuel next wave of Bitcoin ETF adoption

Bloomberg ETF analyst James Seyffart believes the next phase of adoption for crypto exchange-traded funds (ETFs) will be driven by financial advisers, wirehouses, and brokers managing assets for high-net-worth individuals.
Publisher: CryptoSlate
Sentiment: Positive
BTC

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Negative
cover-imageCointelegraph
March 14, 2025

Bitcoin panic selling costs new investors $100M in 6 weeks — Research

Bitcoin (BTC) speculators have secured losses of over $100 million in just six weeks thanks to panic selling, new research calculates.Data from onchain analytics platform CryptoQuant reveals the true extent of recent capitulation by short-term holders (STHs). Bitcoin speculators run to the exit “in the red” Bitcoin entities hodling coins between one and three months bore the brunt of a brutal bull market drawdown — and many did not stay the course.

Positive
cover-imageThe Motley Fool
March 14, 2025

This 1 Tech Metric Shows Why Bitcoin Is Worth Buying And Holding Forever

Bitcoin (BTC -0.37%) is an asset most people have heard of but few really understand. Similarly, while it's easy to say you're going to buy something and hold it forever, without knowing a few key details to tie an investment's narrative together firmly in your mind, it's hard to have enough conviction to hold good investments through hard times.

Positive
cover-imageCointelegraph
March 14, 2025

Bitcoin logo shines over Austin, Texas as Gemini sets new world record

Cryptocurrency exchange Gemini set a new Guinness world record by deploying 1,000 drones to form the Bitcoin logo in the sky, marking the largest-ever aerial display of a currency symbol.The event, held on March 13 in Austin, Texas, celebrated the US Strategic Bitcoin Reserve initiative. Source: Gemini Gemini's drone show featured depictions of a rocket launch and the moon landing, among others.

Positive
cover-imageCointelegraph
March 14, 2025

Bitcoin logo shines over Austin, Texas, as Gemini sets new world record

Cryptocurrency exchange Gemini set a new Guinness world record by deploying 1,000 drones to form the Bitcoin logo in the sky, marking the largest-ever aerial display of a currency symbol.The event, held on March 13 in Austin, Texas, celebrated the US Strategic Bitcoin Reserve initiative. Source: Gemini Gemini's drone show featured depictions of a rocket launch and moon landing, among others.

Neutral
cover-imageCointelegraph
March 14, 2025

Russia using Bitcoin, USDt for oil trades with China and India: Report

Russian companies have been using cryptocurrencies like Bitcoin and USDt to facilitate international trade with China and India, according to a Reuters report.Russian oil companies have been using crypto assets like Bitcoin (BTC) and Tether's USDt (USDT) to accelerate international trades, Reuters reported on March 14, citing four sources with direct knowledge of the matter. One Russian oil trader reportedly conducts tens of millions of dollars worth of monthly transactions using digital assets, according to a source who spoke on condition of anonymity due to a non-disclosure agreement.

Positive
cover-imageBitcoinist
March 14, 2025

Bitcoin Expanding Again: Holders Just 10,000 Away From New Record

On-chain data shows Bitcoin adoption has picked back up again recently, something that could be bullish for the cryptocurrency's price. Bitcoin Total Amount Of Holders Is Closing In On All-Time High According to data from the on-chain analytics firm Santiment, the Total Amount of Holders has been rising for Bitcoin recently.

Positive
cover-imageCointelegraph
March 14, 2025

Court says Bitcoin mining host can't block tenant access to its rigs

A Delaware court has granted a temporary reprieve to a Pennsylvanian Bitcoin mining firm currently in a payment dispute with its hosting company — barring the hosting provider from blocking access and otherwise commandeering the miner's 21,000 rigs at the property. Vice Chancellor Morgan Zurn granted a temporary restraining order on March 12, requested by Bitcoin miner Consensus Colocation and systems owner Stone Ridge Ventures against Mawson Hosting, which provides hosting and colocation services for Bitcoin miners.

Negative
cover-imageCointelegraph
March 14, 2025

Democrat lawmaker urges Treasury to cease Trump's Bitcoin reserve plans

A Democrat lawmaker has called on the US Treasury to “cease all attempts” to create a strategic crypto reserve in the United States, citing conflicts of interest with US President Donald Trump and arguing that a stockpile would not benefit the American people.House Representative Gerald E. Connolly of Michigan criticized the “cryptocurrency reserve” in a March 13 letter to Treasury Secretary Scott Bessent, stating that it provides “no discernible benefit to the American people” and would instead significantly enrich the president and his donors.

Negative
cover-imageBitcoin
March 14, 2025

Lawmaker Pushes Treasury to Kill Trump's Bitcoin Reserve Plan

A lawmaker has urged the Treasury to abandon Trump's bitcoin and crypto reserve plan, calling it a reckless scheme that enriches his allies while wasting taxpayer dollars. Lawmaker Slams Treasury for Backing Trump's Bitcoin Reserve Scheme Congressman Gerald E. Connolly, Ranking Member of the House Committee on Oversight and Government Reform, has urged the U.S.

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