Traders say the current sell-off could have been caused by an unwinding of ETF and spot linked traders.

A major Bitcoin whale has placed a $368 million short position with 40x leverage, betting on a price decline in the cryptocurrency.

A whale on Hyperliquid has gone viral for starting a short position for around $450 million worth of Bitcoin. There is now an active ‘man-hunt' to stop the perpetrator in its tracks.

The crypto market is going through a turbulent period marked by a brutal correction of bitcoin and massive capital outflows. With a decline of over 18% from its historic peak of $106,000 in December 2024, some investors are already talking about the most painful cycle in bitcoin's history.

A crypto strategist known for accurately calling Bitcoin's pre-halving correction last year says BTC may abruptly end its correction if a technical setup plays out. Pseudonymous analyst Rekt Capital tells his 542,500 followers on the social media platform X that Bitcoin's relative strength index (RSI) indicator is flashing a bullish divergence on the daily chart.

North Korean hacking collective the Lazarus Group has become a huge holder of Bitcoin after converting stolen funds.

A new week is not always an exciting one for the crypto business. Likewise, the crypto market today has taken a slight downturn, with the market capitalisation slipping by 1.07% to $2.73 trillion. This dip, however, led to marketers making positions, as a result, the business in 24 hours shot up 42% to $66.68 billion.

In a segment, Fox News contributor Lara Trump —wife of Eric Trump, son of US President Donald Trump—interviewed Michael Saylor on the increasingly pivotal role of Bitcoin in the global financial landscape.

March 17, 2025 05:57:00 UTC Mubarak and Friends Power BNB Chain DEX to $1.64B in Daily Trading Driven by the recent surge in memecoins like Mubarak, BNB Chain's DEX has recorded an impressive $1.64 billion in trading volume over the past 24 hours, overtaking Solana to claim the top spot.

Peter Schiff warns that if the NASDAQ enters a bear market, Bitcoin could drop significantly, potentially reaching $65K. The post Peter Schiff Predicts Bitcoin to Drop Below $65K if Nasdaq Crashes appeared first on Cryptonews.

Fox News' My View took a sharp turn into Bitcoin territory in its latest episode on Saturday night. Lara Lea Trump dedicated an entire episode to the future of digital assets, featuring none other than Strategy's chairman Michael Saylor, President Donald Trump, White House Crypto Czar David Sacks, and Treasury Secretary Scott Bessent.

South Korea has no plans to incorporate Bitcoin in its foreign exchange reserves, according to the country's central bank. On Mar.

The Bank of Korea, the central bank of South Korea, has never considered the idea of diversifying its reserves with the help of Bitcoin, according to a report by Korea Economic TV.

North Korea has quietly climbed the ranks to become one of the largest government holders of Bitcoin, surpassing even crypto-friendly nations like El Salvador and Bhutan.

The cryptocurrency market witnessed a significant rebound last week, ably supported by leading memecoins and Telegram-linked Toncoin. What happened: BNX, the native token of the GameFi platform BinaryX, topped the gainers list, exploding over 60% over the week.

Trump's recent tariff policies have backfired, and the Bitcoin reserve plan, which gave the industry its long-awaited milestone of BTC hitting $109K, faded as the market realized Trump's policies are politically driven, creating panic and fear in the market for crypto assets.

A group of traders looked to liquidate the giant short position in BTC but the operation failed, per observers.

As Bitcoin price struggles to pass the $84,000 resistance on the upside, bearish calls for BTC are rising amid severe correction in the US stock market. Popular economist Peter Schiff believes that if Nasdaq enters the bear market correcting 40% from the peak, BTC price can collapse all the way to $20K.

North Korea, helped by the infamous hacking syndicate Lazarus Group, has quietly become one of the biggest holders of Bitcoin (CRYPTO: BTC). What Happened: The attacker possessed around 13,518 BTCs as of this writing, worth $1.16 billion, according to on-chain analytics platform Arkham.

Bitcoin is at a pivotal moment, with the 200-day Exponential Moving Average (EMA) acting as a critical resistance level near $84,000. Historically, this EMA has influenced Bitcoins price direction, making its current position crucial for the next major move.

Strategys Bitcoin holdings have seen a sharp decline in paper profits as the cryptocurrency struggles to reclaim previous highs. The companys unrealized gains have now fallen below $9 billion, reflecting the impact of Bitcoins recent volatility.

Peter Schiff remains firm in his belief that Bitcoin (BTC) is a financial bubble destined to burst. He argues that every market dip brings the crypto sector closer to its inevitable collapse.

Bitcoins recent slowdown has sparked debate on whether its price has peaked. However, historical data and on-chain analytics suggest the cycle may still have room to grow.

Michael Saylor, Strategy Chairman, captivated the crypto community by likening Bitcoin to an Orange Dwarf starthe brightest object in the financial systemgrowing stronger, hotter, and denser as it attracts capital. His poetic analogy highlights Bitcoins stability and resilience, drawing parallels to the longevity and rising intensity of orange dwarf stars.

The Bank of Korea cited bitcoin's volatility and IMF guidelines as the reasons for its decision not to review.

The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve.Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin (BTC) reserve, citing high volatility. Responding to a question from Representative Cha Gyu-geun of the National Assembly's Planning and Finance Committee, central bankers said that they have “neither discussed nor reviewed the possible inclusion of Bitcoin in foreign exchange reserves, adding that “a cautious approach is needed,” according to the Korea Herald.

The Bank of Korea (BOK) has firmly stated that it has “never reviewed” the inclusion of Bitcoin in the country's foreign exchange reserves. In a response to a written inquiry from Rep.

Bitcoin's market has seen a major reset, with over $10 billion in open interest wiped out in just two months, leading analysts to believe that a Bitcoin price recovery is imminent.

After a long legal tug-of-war under Biden's leadership, Ripple is finally catching a break. Reports suggest that President Donald Trump's team is eyeing XRP as a key player in building a powerhouse Bitcoin (BTC) reserve.

The cryptocurrency market continued its volatile trajectory on Friday, with most major coins trading sluggishly ahead of the ahead of the Federal Reserve's upcoming policy meeting. Bitcoin (BTC) remained subdued at the $83K level, while Ethereum (ETH), XRP, and Solana (SOL) experienced sharper declines. The global cryptocurrency market cap stands at $2.

Bitcoin faces a steep decline if the Nasdaq downturn deepens, warns Peter Schiff, predicting a wave of panic selling that could shake investor confidence and destabilize markets.

Traders are bracing for further volatility this week as the U.S. futures market begins flashing signs of steeper losses for crypto.

A UK man's bid to obtain a permit to search a landfill for his hard drive — holding private keys to 8,000 Bitcoin — has been rejected by the UK Court of Appeals.“Appeal request to the Royal Court of Appeal: refused,” Howells said in a March 14 X post.

At this crucial point, a significant resistance level will probably dictate the next significant move for Bitcoin. The 200-day Exponential Moving Average (EMA), which has served as both support and resistance in past cycles, is a major obstacle for Bitcoin, which is currently trading close to $84,000.

Bitcoin is now down over 29% from its all-time high (ATH) in January, and speculation about a coming bear market is growing among investors. After weeks of heavy selling pressure, Bitcoin has entered a consolidation phase, trading between $80K and $85K, with no clear breakout direction yet.

The South Korean Central Bank, the Bank of Korea (BOK) says it is “not considering” creating a national strategic Bitcoin reserve. The post South Korean Central Bank ‘Negative' About Launching Strategic Bitcoin Reserve appeared first on Cryptonews.

Bitcoin is approaching a crucial decision point as it consolidates inside a rising wedge pattern.

Brazil is making strides toward the integration of Bitcoin into its economy. The National Congress has recently introduced a new measure that aims to enable employees to receive a portion of their salaries in cryptocurrency.

A Reddit thread exploring whether bitcoin holders would sell at $1 million reveals a divided yet pragmatic community weighing financial goals, inflation risks, and long-term faith in the leading cryptocurrency.

After weeks of intense selling pressure, Bitcoin (BTC) has entered a consolidation phase, trading below the $85K mark and above $80K. Bulls now face a critical test, as they must push BTC above $90K to prevent bears from driving prices lower.

Following the last trading window, the US Bitcoin Spot ETFs have recorded another week of overwhelming net outflows with investors pulling over $900 million from the market. This development marks the fifth consecutive week of redemptions indicating weak market confidence among institutional investors of the premier cryptocurrency.

In a high-stakes gamble, a Bitcoin (CRYPTO: BTC) whale has initiated a short position of $332 million, facing potential liquidation if Bitcoin's price surges to $85,000. What Happened: A Bitcoin whale has opened a $332 million short position at an entry price of $84,040, as revealed by data from analytics platform Lookonchain.

Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, recently argued against allowing quantum recovery of lost BTC and said that burning these coins to protect the integrity of the protocol was the preferable option.According to Lopp, allowing individuals or institutions with quantum computers to recover lost coins violates the Bitcoin network's properties of censorship resistance, transaction immutability, and conservatism. In a March 16 article, the crypto executive wrote that allowing quantum recovery is not good for anyone.

Bitcoin's price briefly crossed the $85,000 mark on Sunday, March 16, marking an 11% rebound from last week's bottom of $76,000. Bullish traders have been deploying significant leverage positions on BTC ahead of the upcoming US Federal Reserve rate decision slated for March 19.

According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have trimmed their holdings by 4.76% since Feb. 6, 2025. From Jan. 1 to Feb. 6, these funds added roughly 56,802.86 BTC to their balance sheets, but the past 35 days have seen a 55,348.00 BTC pullback.

Bitcoin price is set to reverse its multi-week correction with analysts pointing to optimistic on-chain indicators and technicals. A fresh bullish divergence pattern will power a renewed rally for Bitcoin as bulls pine for a return above $100,000.

The Central Bank of the Russian Federation has reportedly released a proposal that if approved, would allow qualified entities to trade crypto assets. In a statement, the central bank proposes a three-year experiment where wealthy investors and certain firms have the greenlight to buy and sell crypto assets, reports Reuters.

Bitcoin (BTC) is struggling to break above the 200-day simple moving average ($84,000), but a positive sign is that the bulls have not ceded much ground to the bears. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to achieve a weekly close above $81,000 to signal resilience.