Amidst the ongoing consolidation in the crypto market, an analyst with X pseudonym cryptododo7 has observed certain developments with the Bitcoin dominance that could spell significant implications. Related Reading: Bitcoin Dominance Tipped To Hit 57% — Altseason Incoming?
North Korea's cybercrime collective Lazarus Group persists in transferring bitcoin to obscured wallets, with its reserves diminishing by 109 BTC ($9.1 million) over the past two days. The Sleight of Hand Behind Lazarus' Bitcoin Vanishing Act Today's activity recorded by Arkham Intelligence, reveals a deliberate effort to redistribute substantial amounts of bitcoin ( BTC).
The Bitcoin (BTC) treasury firm Strategy says it's ready to accumulate more of the crypto king after pricing a new preferred stock.
The crypto market is still facing capitulation as most digital currencies are reversing the selloffs registered in the past week. The price of Bitcoin (BTC) remains in the spotlight as the combined crypto market capitalization jumped 2.44% to $2.76 trillion.
The price of Bitcoin has been moving mostly sideways over the past week, briefly flirting with the $87,000 level on Thursday, March 20. The latest on-chain data suggests that this choppy market condition might not improve soon, as the premier cryptocurrency might be at risk of downward pressure over the coming weeks.
The current Bitcoin (BTC) bear market, defined as a 20% or more drop from the all-time high, is relatively weak in terms of magnitude and should only last for 90 days, according to market analyst and the author of Metcalfe's Law as a Model for Bitcoin's Value, Timothy Peterson.Peterson compared the current downturn to the 10 previous bear markets, which occur roughly once per year, and said that only four bear markets have been worse than the price decline in terms of duration, including 2018, 2021, 2022, and 2024. The analyst predicted that BTC will not sink deeply below the $50,000 price level due to the underlying adoption trends.
Whales are on the move again, but it could be painful for BTC.
Aleš Michl, the head of the Czech National Bank (CNB) who proposed exploring the Bitcoin reserve option, has been named “Governor of the Year” by the Central Banking Journal.
Bitcoin wavers after its surge beyond 100,000 dollars. The ongoing correction rekindles tensions in the markets, fueling doubts about the strength of the bullish trend.
CryptoQuant, Glassnode and Coinbase analysts offered mixed projections for Bitcoin.
On March 20, investor and entrepreneur Anthony Pompliano stated on Fox News, “There's a global race going on–Russia, Abu Dhabi, El Salvador, Bhutan–all these other countries are trying to buy Bitcoin
Strategy, the American software intelligence company helmed by Michael Saylor, announced Friday that it had upped its recently announced Strife perpetual stock offering to $723 million, aiming to boost its Bitcoin stash, which is nearing 500,000 BTC.
As Bitcoin (BTC) stabilizes above the critical $80,000 support level after a significant downturn of over 25% from its January peak, market analyst Doctor Profit has released a compelling report that raises a pivotal question: is the market witnessing the onset of a bear market, or is the bullish sentiment still intact? M2 Money Supply And Bitcoin Price Doctor Profit emphasizes the crucial role of liquidity in the current market landscape.
A debate is brewing over the likelihood of the United States government buying more Bitcoin in the coming year. This development follows US President Donald Trump's earlier executive order aimed at establishing a national Bitcoin reserve.
Following President Donald Trump's executive order to create a Strategic Bitcoin Reserve earlier this month, policymakers are directed to explore creative strategies to accumulate Bitcoin without increasing the federal budget or burdening taxpayers.
Atai Life Sciences, a Nasdaq-issued biopharmaceutical company, invested $5 million in Bitcoin, creating a treasury plan to hedge against inflation and have reliable reserve wealth in an economic crisis. Christian Angermayer, chairman of Atai Life Sciences, said that the Bitcoin reserve gives Atai a financial runway.
North Korean-state-backed Lazarus Group has stolen billions from the crypto industry, including the recent record-breaking $1.5 billion from the digital asset exchange Bybit.
Spot bitcoin exchange-traded funds (ETFs) attracted $83.09 million on Friday, with the majority of the capital funneled into Blackrock's IBIT. Bitcoin ETFs End Week in the Green as IBIT Draws $104.99M U.S. spot bitcoin ETFs closed the week on a positive note, drawing in approximately $83.09 million on March 21, according to figures from sosovalue.com.
Bilal Bin Saqib, the CEO of Pakistan's Crypto Council, has proposed using the country's runoff energy to fuel Bitcoin (BTC) mining at the Crypto Council's inaugural meeting on March 21.According to an article from The Nation, the council is exploring comprehensive regulatory frameworks for cryptocurrencies to attract foreign direct investment and establish Pakistan as a crypto hub. The meeting included lawmakers, the Bank of Pakistan's governor, the chairman of Pakistan's Securities and Exchange Commission (SECP), and the federal information technology secretary.
Over the past few weeks, the Bitcoin price has not been able to sustain any meaningful momentum in the journey to recover its six-figure valuation. After falling to just above $81,000 on Tuesday, March 18, the flagship cryptocurrency pushed for the $87,000 mark before facing a significant level.
With Bitcoin (BTC) consolidating above $80,000, historical trends suggest the maiden digital currency could be building momentum for a major breakout, potentially targeting $200,000 next.
TRON founder Justin Sun has shared his thoughts about potentially reducing TRX block rewards, drawing parallels to Bitcoin's halving mechanism. In a recent tweet, Sun shared his thoughts on implementing a reward reduction for Tron (TRX).
Pakistan's move to leverage surplus energy for Bitcoin mining could boost its digital economy, attract foreign investment, and reduce energy waste. The post Pakistan eyes Bitcoin mining to harness surplus energy appeared first on Crypto Briefing.
According to recent metrics, bitcoin ( BTC) held in the Lightning Network, a payment-oriented layer two (L2) protocol, has declined sharply over the past 37 days. Lightning Network's $69M Drain The network's capacity—the total BTC locked in its channels—now sits at 4,550 BTC, the smallest amount since September 2023, according to data collected by theblock.co.
Normandy could soon host the first bitcoin mining farm in France, financed by the Sultanate of Oman. This unique project, at the intersection of energy, technological, and geopolitical issues, crystallizes French ambitions in the digital economy.
Opinion by: Brendon Sedo, Core DAO initial contributor Bitcoin is outgrowing the “digital gold” narrative. The primary driver of this shift is the rise of Bitcoin DeFi (BTCfi), which looks beyond the mere store-of-value use cases.
Bitcoin continues to gain traction in the U.S. political landscape, with President Donald Trump's top crypto advisor, Bo Hines, showing openness to a bold idea—swapping Fort Knox gold reserves for Bitcoin. This potential move could reshape how the U.S. views digital assets and even set the stage for Bitcoin as a national reserve asset.
Bitcoin had a relatively calm week following so much recent chaos, with ETF flows in the green and the SEC delivering good news on mining.
Bitcoin proponent Michael Saylor has publicly stated that the European Union should consider buying Bitcoin, especially after the Euro experienced a recent drop in value. According to reports, the Euro (EUR) has weakened against the United States dollar (USD) since yesterday.
Bitcoin's post-ATH sentiment shift signals a critical market phase.
Bitcoin price is consolidating between $82K and $80K after falling from its $100K peak. Will this be the start of a new bull run or a drop to lower levels?
Bitcoin is flashing some serious bullish signals – and the crypto world is starting to take notice. With the Relative Strength Index (RSI) breaking out of a long-term downtrend, many traders believe a new macro bull run might just be heating up.
Bitcoin's price is currently $84,160, with a market capitalization of $1.66 trillion and a 24-hour trading volume of $15.07 billion. The 24-hour intraday price range spans from $83,238 to $84,492, suggesting steady price compression as traders await a breakout signal.
Tron Network founder Justin Sun has called on community members to engage with a new proposal seeking to reduce block rewards on the network. In a post on X, Sun said TRX entering a halving cycle similar to Bitcoin would be great for the network.
Matt Hougan, the CIO at Bitwise, predicts the Bitcoin price will top $1 million by 2029.
Michael Saylor's Strategy is using every tool at its disposal to pool funds to build on its mammoth Bitcoin stockpile. As the week began, on March 18, Strategy announced the launch of STRF ("Strife"), a new perpetual preferred stock offering, open to institutional and select noninstitutional investors.
Pima County in Arizona has witnessed a surge in Bitcoin scams, with most of the scams targeting the elderly. According to reports, the Pima County Sheriff's Department mentioned that con artists have been targeting the residents with a series of cryptocurrency scams.
Earlier this month, U.S. President Donald Trump announced the creation of the Strategic Bitcoin (BTC 0.45%) Reserve and the United States Digital Asset Stockpile. The former will hold Bitcoin -- no surprises there.
Pakistan might be on the verge of a surprising shift—turning to Bitcoin mining to solve its electricity challenges. With surplus power weighing heavily on its economy, the government is exploring ways to bring in global Bitcoin miners, turning unused energy into profits rather than waste.
The Bitcoin Fear and Greed Index continues to move in the fear zone, signaling that investors are currently feeling pessimistic and cautious about the world's largest cryptocurrency.
The NFT market has continued its downward trend despite minimal crypto price recovery, with Bitcoin nudging up to $84,000 and Ethereum holding steady at $1,900. The global crypto market cap has moved up to $2.77 trillion from last week's $2.
As Bitcoin (BTC) continues to trade in the low $80,000 range, a key macroeconomic development promises to benefit the leading cryptocurrency. If historical patterns hold true, then BTC may not be too far from another massive price rally.
Michael Saylor is back at it – and he's not holding back. MicroStrategy, the software-turned-Bitcoin investment juggernaut, has announced it's raising a whopping $711M via an upsized STRF perpetual offering to scoop up even more Bitcoin.
The International Monetary Fund (IMF) has revised its balance of payments standards to incorporate digital assets.
A crypto trader who accurately predicted the Bitcoin (BTC) bottom in November 2022 is leaning bullish on one top altcoin.
Bitcoin continues to trade just below the $84,000 mark, reflecting a broader slowdown in upward momentum. Despite attempts to reclaim higher levels, the cryptocurrency has remained under the $90,000 mark for over two weeks.
Bitcoin trades above $84K as U.S. policy shifts and SEC updates drive sentiment. Can BTC reclaim $90K amid tightening technicals and whale activity? The post Volatile Market Sentiment: Could Bitcoin Reclaim $90K in the Coming Days? appeared first on Cryptonews.