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news-imageMarch 11, 2025

Gold, not Bitcoin, becomes investor safe haven amid tariff chaos, BTC drops 16% in a month

Fears from Trumpian tariffs are driving more people towards Gold, which is seemingly overshadowing Bitcoin (BTC) as a safe-haven asset, as fears of US economic instability take a stranglehold on stock and crypto markets. Bullion prices are benefiting from trade war tensions, climbing above $2,900 an ounce, while Bitcoin fell 16% in the same period.
Publisher: Cryptopolitan
Sentiment: Negative
BTC

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cover-imageCointelegraph
March 12, 2025

Lone Bitcoin miner wins block using tiny, cheap rig — ‘1 in a million chance'

A solo Bitcoin miner using a relatively cheap, pocket-sized crypto mining rig has solved one of the blockchain's blocks and earned the full $263,000 reward.The miner became the 297th solo miner to mine a Bitcoin block from the solo.ckpool Bitcoin (BTC) mining pool, its developer, Con Kolivas, said in a March 10 X post. He added the miner used a 480-gigahash per second (GH/s) Bitaxe machine.

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cover-imageCryptoSlate
March 12, 2025

Whales accumulate 65,000 Bitcoin as market uncertainty grows

Over the past 30 days, Bitcoin (BTC) whales have acquired more than 65,000 BTC, signaling sustained buying pressure despite the broader market correction. At the same time, the Coinbase premium is forming higher lows, even as the price trends lower, adding complexity to market sentiment.

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cover-imageCointelegraph
March 12, 2025

Starknet to settle on Bitcoin and Ethereum to unify the chains

Ethereum layer 2 Starknet is laying the groundwork to settle on Bitcoin and Ethereum to unify the two largest blockchains on a single layer.The Starknet Foundation said in its March 11 Bitcoin roadmap that it's aiming for Starknet to become Bitcoin's execution layer, scaling it from 13 transactions per second to thousands, reducing blocks and gas fees, and creating a better user experience. “Most Bitcoin today sits static in wallets and exchanges, constrained by the limitations of the network's original design: a lack of scalability and an inability to natively support applications beyond simple buying, selling, and transferring,” the foundation said.

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cover-imageCointelegraph
March 12, 2025

Senator Lummis' new BITCOIN Act allows US reserve to exceed 1M Bitcoin

US Senator Cynthia Lummis' newly reintroduced BITCOIN Act will allow the government to potentially hold more than 1 million Bitcoin as part of its newly established reserve.The bill, first introduced in July, directs the US government to buy 200,000 Bitcoin (BTC) a year over five years for a total acquisition of 1 million Bitcoin, which would be paid for by diversifying existing funds within the Federal Reserve system and the Treasury department. However, the reintroduced act, the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2025, opens the door for the US to acquire and hold in excess of 1 million BTC as long as it is acquired through lawful means other than direct purchase, such as civil or criminal forfeitures, gifts made to the US or transfers from federal agencies.

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cover-imageCryptoSlate
March 12, 2025

Bullish bets soar as Bitcoin call options target $120K strike

Analyzing open interest distribution across different strike prices offers critical insights into market sentiment and potential price trajectories. Strike prices represent the specific levels at which options contracts can be exercised — essentially, the prices at which traders can buy or sell Bitcoin if they act on their contracts.

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cover-imageBitcoin Magazine
March 11, 2025

The United States Must Embrace Bitcoin Now: A Recap Of Bitcoin For America

Bitcoin Magazine The United States Must Embrace Bitcoin Now: A Recap Of Bitcoin For America Speakers at the Bitcoin Policy's Institute's Bitcoin For America event made the case that it's time for the United States to lead the way when it comes to Bitcoin adoption. This post The United States Must Embrace Bitcoin Now: A Recap Of Bitcoin For America first appeared on Bitcoin Magazine and is written by Frank Corva.

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cover-imageCryptonews
March 11, 2025

Rep. Nick Begich Introduces Companion Legislation to Sen. Cynthia Lummis' BITCOIN Act

Congressman Nick Begich has introduced a companion bill to Sen. Cynthia Lummis' BITCOIN Act, advocating for Bitcoin's integration into the national financial framework. The bill seeks to establish decentralized Bitcoin vaults and recognize Bitcoin as a long-term reserve asset to enhance U.S. economic resilience. The post Rep. Nick Begich Introduces Companion Legislation to Sen. Cynthia Lummis' BITCOIN Act appeared first on Cryptonews.

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cover-imageCryptonews
March 11, 2025

Senator Cynthia Lummis Re-introduces The BITCOIN Act

Senator Cynthia Lummis reintroduces the BITCOIN Act, a legislative proposal advocating for a Strategic Bitcoin Reserve. The bill aims to integrate Bitcoin into national reserves, addressing fiscal challenges while reinforcing the U.S. financial position in a shifting global economy. The post Senator Cynthia Lummis Re-introduces The BITCOIN Act appeared first on Cryptonews.

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cover-imageCryptonews
March 11, 2025

Bitwise Launches Bitcoin Standard Corporations ETF (OWNB) Tracking Firms

Bitwise launched the Bitwise Bitcoin Standard Corporations ETF (OWNB), which tracks publicly traded companies holding at least 1,000 Bitcoin in their treasury reserves. The ETF gives investors exposure to companies integrating Bitcoin into their financial strategies. The post Bitwise Launches Bitcoin Standard Corporations ETF (OWNB) Tracking Firms appeared first on Cryptonews.

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cover-imageBenzinga
March 11, 2025

Bitcoin, Ethereum, XRP, Dogecoin Surge Following Bitcoin Act Of 2025 Announcement

Crypto markets are rallying on Tuesday as the Bitcoin Act of 2025 is introduced in the House, proposing the acquisition of one million BTC over five years with a 20-year lockup. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,985.45 +5.4% Ethereum (CRYPTO: ETH) $1,951.21 +4.6% Solana (CRYPTO: SOL) $127.73 +6.6% XRP (CRYPTO: XRP) $2.19 +6.4% Dogecoin (CRYPTO: DOGE) $0.1680 +7.1% Shiba Inu (CRYPTO: SHIB) $0.00001225 +4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 49.4% and daily active addresses growing by 19.9%.

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cover-imageBloomberg Markets and Finance
March 11, 2025

Bitfarms CEO on US Energy Policy, Bitcoin Miners

President Donald Trump said he is willing to increase steel and aluminum tariffs on Canada to 50% in retaliation against Ontario's move to raise taxes on electricity sent to the US. Canadian based Bitcoin miner Bitfarms' CEO Ben Gagnon gives his take on the tariffs and their impact on crypto miners.

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cover-imageCointelegraph
March 11, 2025

Texas lawmaker seeks to cap state's proposed BTC purchases to $250M

A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset.In a bill filed on March 10, Texas Representative Ron Reynolds proposed the state's comptroller not be allowed to invest more than $250 million of its Economic Stabilization Fund — otherwise known as a “rainy day” fund — in Bitcoin (BTC) or other cryptocurrencies. The legislation also suggested that Texas municipalities or counties could not invest more than $10 million in crypto.

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cover-imageCointelegraph
March 11, 2025

Texas lawmaker seeks to cap state's proposed BTC purchases at $250M

A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset.In a bill filed on March 10, Texas Representative Ron Reynolds proposed the state's comptroller not be allowed to invest more than $250 million of its Economic Stabilization Fund — otherwise known as a “rainy day” fund — in Bitcoin (BTC) or other cryptocurrencies. The legislation also suggested that Texas municipalities or counties could not invest more than $10 million in crypto.

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cover-imageCryptonews
March 11, 2025

Bitcoin Could Be at Deep Value Levels or Start of a Bear Market: CryptoQuant

Bitcoin's valuation metrics are pointing toward a critical market shift, with CryptoQuant highlighting bearish indicators, slowing whale accumulation, and declining ETF demand. Analysts debate whether Bitcoin is at deep value levels or at the start of a prolonged bear market. The post Bitcoin Could Be at Deep Value Levels or Start of a Bear Market: CryptoQuant appeared first on Cryptonews.

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cover-imageBitcoin Magazine
March 11, 2025

US Senator And Congressman Introduce Strategic Bitcoin Reserve Bills To Buy One Million BTC

Bitcoin Magazine US Senator And Congressman Introduce Strategic Bitcoin Reserve Bills To Buy One Million BTC Speaking at the “Bitcoin for America” summit, lawmakers announced their plans to create a federal bitcoin reserve that would see the U.S. buy one million BTC. This post US Senator And Congressman Introduce Strategic Bitcoin Reserve Bills To Buy One Million BTC first appeared on Bitcoin Magazine and is written by Nik.

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cover-imageBenzinga
March 11, 2025

Bitcoin Act Of 2025 Introduced In The House Of Representatives

U.S. Congressman Nick Begich (R-AK) on Tuesday introduced the Bitcoin (CRYPTO: BTC) Act of 2025 in the House, aiming to fund the newly-established strategic Bitcoin reserve. What Happened: The bill proposes acquiring 1 million BTC over five years, with a 20-year holding period, leveraging Federal Reserve remittances and other financial tools—without taxpayer funding.

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