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news-imageMarch 14, 2025

Stop Bitcoin Reserve: Democrat Lawmaker Urges US Treasury to Derail Donald Trump's Plan

House Representative Gerald E. Connolly has urged the US Treasury to halt plans for a strategic Bitcoin reserve, calling it “unsound fiscal policy” with no benefit.
Publisher: Coinspeaker
Sentiment: Negative
BTC

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Negative
cover-imageCryptonews
March 17, 2025

North Korea Surpasses El Salvador in Bitcoin Holdings, Fueled by Bybit Hack

North Korea's Bitcoin holdings rise to the fifth largest globally, overtaking Bhutan and El Salvador. Arkham data reveals Lazarus Group's Bybit hack conversion boosted North Korea's Bitcoin reserves, spotlighting escalating cybercrime and its global security implications. The post North Korea Surpasses El Salvador in Bitcoin Holdings, Fueled by Bybit Hack appeared first on Cryptonews.

Negative
cover-imageCryptoSlate
March 17, 2025

Bitcoin needs ‘deeper-pocketed investors' to absorb the recent sell pressure from short-term holders

Bitcoin's (BTC) price is waiting for long-term holders or institutional demand to absorb the recent sell pressure from short-term holders, according to the latest “Bitfinex Alpha” report. Bitcoin's decline from its all-time high of $109,590 on Jan. 20 has intensified concerns about the role of institutional investors in sustaining market momentum.

Negative
cover-imageCointelegraph
March 17, 2025

Bitcoin sees 30% retracement as selling pressure increases — Bitfinex

Bitcoin (BTC) has undergone its second-largest correction of this bull run, according to analysts at crypto exchange Bitfinex. The correction, from the coin's all-time high of $109,590 set on Jan. 20 to a low of $77,041 during the week of March 9-15, represents a 30% retracement triggered by selling pressure from short-term holders.In its report, Bitfinex defines short-term holders as those who have bought within the last seven to 30 days.

Positive
cover-imageBenzinga
March 17, 2025

Bitcoin, Ethereum, XRP, Dogecoin Bounce Back To Green: 'Ready For A Squeeze,' Trader Says

Crypto markets are in a holding pattern ahead of Wednesday's Federal Reserve meeting and other crucial macroeconomic data. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $84,316.40 +1.1% Ethereum (CRYPTO: ETH) $1,938.92 +2.5% Solana (CRYPTO: SOL) $129.46 +1.6% XRP (CRYPTO: XRP) $2.36 +2.2% Dogecoin (CRYPTO: DOGE) $0.1747 +3.3% Shiba Inu (CRYPTO: SHIB) $0.00001304 -1.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses up by 2.6%.

Neutral
cover-imageBitcoin Magazine
March 17, 2025

Bitcoin Covenants: What Are They And What Do They Do?

Bitcoin Magazine Bitcoin Covenants: What Are They And What Do They Do? What are covenants? What do they enable? What are the positives and negatives? This article series will explain. This post Bitcoin Covenants: What Are They And What Do They Do? first appeared on Bitcoin Magazine and is written by Shinobi.

Positive
cover-imageCointelegraph
March 17, 2025

New BITCOIN Act would allow US reserve to exceed 1M: Law Decoded

The newly reintroduced Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2025 by Senator Cynthia Lummis would allow the United States to potentially hold over 1 million Bitcoin (BTC) in its crypto reserves. The bill directs the government to buy 200,000 BTC annually over five years, to be paid for with existing funds within the Federal Reserve and the Treasury Department.

Positive
cover-imageCoindesk
March 17, 2025

Will Stimulus Checks Send Bitcoin to New All-Time Highs?

Bitwise Asset Management Chief Investment Officer Matt Hougan joins CoinDesk with insights into the upcoming FOMC meeting and how economic uncertainty could impact the crypto market. Plus, the overall sentiment in the industry under a friendlier administration and the promising future of Ethereum despite the price drop.

Neutral
cover-imageCointelegraph
March 17, 2025

Price analysis 3/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI

Bitcoin (BTC) has largely stayed above $80,000 since March 11, indicating that the bulls are not waiting for a deeper correction to buy. However, the failure to propel the price above $86,000 shows that the bears have not given up and continue to sell on rallies.CoinShares' weekly report shows that cryptocurrency exchange-traded products (ETPs) witnessed $1.7 billion in outflows last week.

Positive
cover-imageBitcoin
March 17, 2025

Bitcoin's Hashrate Bounces Back: Miners Power Through Revenue Dip

Bitcoin's hashrate has bounced back impressively after dipping to 752 exahash per second (EH/s) on Feb. 25, now climbing to 819.65 EH/s, even as earnings took a notable hit in March. Earnings Drop, Hashrate Rises The network's computational strength has strengthened, currently sitting over 67 EH/s above its Feb. 25 low.

Positive
cover-imageCointelegraph
March 17, 2025

BTC dominance steadily rising since 2023, is altseason now a relic?

Bitcoin (BTC) dominance, a measure of Bitcoin's overall share of the crypto market, has been steadily rising since 2023 amid a torrent of new cryptocurrency coins and tokens.The current BTC market dominance is roughly 61.6%, down from the local peak of 64.3% recorded on Feb. 3. BTC market dominance broke back above 60% on Feb. 2 amid a general market downturn over fears of a prolonged trade war between the United States and its trading partners.

Negative
cover-imageCoindesk
March 17, 2025

South Korea's Central Bank Rejects Bitcoin

South Korea's central bank rejects establishing a bitcoin strategic reserve, Telegram's CEO returns to Dubai and is free to travel, and failed hedge fund 3AC's claim against FTX jumps from $120M to $1.5B. CoinDesk's Christine Lee hosts "CoinDesk Daily.

Positive
cover-imageBitcoin Magazine
March 17, 2025

Bitcoin's Unstoppable Rise: A Saint Patrick's Day Price History

Bitcoin Magazine Bitcoin's Unstoppable Rise: A Saint Patrick's Day Price History From just $5 in 2012 to over $83,000 in 2025, Bitcoin's price history on Saint Patrick's Day showcases its explosive growth. This post Bitcoin's Unstoppable Rise: A Saint Patrick's Day Price History first appeared on Bitcoin Magazine and is written by Nik.

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