Spanish bank BBVA is launching a crypto trading service, enabling customers in Spain to buy, sell, and manage Bitcoin and Ethereum via its app.
Bitcoin's price endured another bout of volatility over the weekend, shedding 5% on Sunday to dip below the $80,000 mark, before settling near $82,000. This latest decline places the cryptocurrency roughly 25% below its all-time high of $109,900.
A busy week lies ahead on the US economic calendar with key inflation reports due as crypto markets continue to weaken, but will they fall further?
Bitcoin prices continue to tumble as another week begins, meanwhile a prominent analyst has identified an ominous chart pattern.
Bitcoin Magazine CEO David Bailey has speculated that the U.S. Department of Justice might be rapidly conducting Silk Road BTC liquidations. In a Mar. 10 post on X, Bailey suggested that Silk Road liquidations could be happening despite U.S.
A clause in Utah's Blockchain and Digital Innovation Amendments bill, which would establish a Bitcoin reserve, was dropped right before the final Senate vote.
Bitcoin is considered as digital gold. Yesterday, the Bitcoin price dropped by around 6.37% – the most severe drop since the March 3 decline of 8.53%. Currently, at $82,362.27, the BTC market is struggling to recover from yesterday's correction.
Weekly flows for spot Bitcoin ETFs remained negative for the fourth consecutive week as macroeconomic factors continued to weigh heavily on investor sentiment.
The financial story of the United States may well be on the brink of a major turning point. As the national debt reaches new heights and economic tensions escalate, a key player in the crypto sector, Michael Saylor, proposes a bold strategy: to make bitcoin a national strategic asset.
An analyst who accurately called Bitcoin's correction in Q1 of 2024 believes BTC is close to printing a local bottom based on a technical momentum indicator. Pseudonymous analyst Rekt Capital tells his 542,00 followers on the social media platform X that Bitcoin's relative strength index (RSI) on the daily chart has plunged into oversold territory.
Bitcoin trades at $82K, struggling below key resistance levels as the Death Cross flashed bearish signs.
Jeff Park, Head of Alpha Strategies at Bitwise, asserted on Sunday, March 9, that US President Donald Trump will hold off on further Bitcoin purchases until it reaches a price close to $60,000.
The original bill proposed the state treasurer to invest up to 5% of certain public funds in crypto with a market cap above $500 billion.
Bitcoin has been experiencing a sustained downtrend despite maintaining a broader macro-bullish outlook. While long-term projections remain positive, short-term weakness suggests BTC may continue to face selling pressure.
The cryptocurrency market faced a sharp sell-off on Monday, with Bitcoin plunging to an intraday low of $80,000 and Ethereum shedding nearly 6%. The downturn comes despite recent pro-crypto developments in the US, including Donald Trump's announcement of a strategic Bitcoin reserve.
BBVA said Monday that it received regulatory approval to launch Bitcoin and Ether trading in Spain, allowing customers to trade crypto directly through its mobile app. The post Spanish Banking Giant BBVA Launches Bitcoin, Ether Trading Services appeared first on Cryptonews.
BBVA (BME:BBVA), one of Spains largest banks, has received regulatory approval to provide Bitcoin (BTC) and Ethereum (ETH) trading services in the country. The bank announced on Monday that Spains securities regulator, the CNMV, has cleared its application, paving the way for the launch of crypto trading services via its mobile app.
Bitcoin, the worlds largest cryptocurrency, tumbled 5.47% to $81,555 at 22:16 GMT on Sunday, reflecting heightened volatility in the digital asset market. Ether, the second-largest cryptocurrency, also saw a sharp decline of 5.4%, falling to $2,024.68 at 22:22 GMT.
Bitcoin (BTC) closed the week down 10.66%, failing to meet market expectations following the launch of the Strategic Bitcoin Reserve. While predicting BTCs next move with certainty is impossible, technical indicators like Bollinger Bands provide valuable insights.
Bitcoin (BTC) is rapidly evolving from a speculative asset to a strategic financial instrument, with industry experts projecting a market cap exceeding $20 trillion within a decade. According to Bitwise CIO Matt Hougan, institutional confidence in Bitcoin has never been higher, bolstered by the formation of the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile.
Michael Saylor proposed a bold strategy for the US government to acquire up to 25% of Bitcoin's total supply by 2035.
BTC's price is down by double digits on a weekly scale.
BBVA had been working on allowing crypto trading services since 2020.
Bitcoin has had a rough start to the week, hanging to just above $80,000 on March 10. BitMEX co-founder Arthur Hayes warns that BTC could soon retest $78,000, and if that level fails, $75,000 will be the next target.
Bitcoin fell 4% to $80,123 on Monday as investors reacted to US-led trade tariffs and Trump's Bitcoin Reserve order, driving broader market losses. The post Bitcoin Drops to $80K as Market Sees Widespread Sell-Off Over Trump's Economic Policies appeared first on Cryptonews.
Mike McGlone, senior commodity strategist at Bloomberg, has predicted that the price of Bitcoin might potentially plunge to $70,000.
Spanish banking heavyweight Banco Bilbao Vizcaya Argentaria SA (NYSE:BBA), better known as BBVA, said Monday it secured regulatory consent to launch trading services for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the country.
The Central American nation acquired an additional 6 BTC on Sunday, boosting its total holdings to 6,111.18 BTC.
The broader crypto market continues to experience heightened volatility, causing a robust sharp drop in Bitcoin's price below the $85,000 mark after witnessing a slight upward push in the previous week.
Bitcoin price has crashed by another 4.5% taking a dip to $80,350 levels as market sentiment turns bearish just ahead of the US CPI data release this week. The overall crypto market crash over the last 24 hours has eroded more than $170 billion of investors' wealth with market analysts predicting more pain ahead.
With exchange reserves plunging, could a Bitcoin's supply squeeze be imminent?
The crypto market is going through a rough patch as traders react to tariff and Trump's Bitcoin Reserve order. Bitcoin has dropped by 4.8% to $81,729, while Ethereum has taken an even bigger hit, falling 8% to hover around $2,000. Dogecoin is the biggest loser among the top 10 cryptos, sliding 13% to $0.16.
Utah's Bitcoin bill passed the Senate, but lawmakers removed a provision for a state-held Bitcoin reserve. The post Utah's Senate Approves Bitcoin Bill — But Strips Out Investment Clause appeared first on Cryptonews.
Spanish bank BBVA said on Monday it received approval from the country's securities regulator to offer bitcoin and ether trading services in Spain.
Crypto Market Today (March 10): Bitcoin & Ether price actions on Monday set off a tidal wave of market concerns despite recent pro-cryptocurrency advancements in the U.S. Notably, BTC price backtracked to touch a $80K low intraday, whereas ETH price lost nearly 6%. Traders and investors are left jittering as even major-league altcoins Solana and
The removed part would have let Utah's treasurer invest state funds in digital assets, possibly creating a state-run Bitcoin reserve.
Treasury Secretary Howard Lutnick is dismissing warnings that Trump's trade policies will drive economic growth, as a BTC chill hits the markets.
In an effort to mock President Donald Trump's declaration, renowned economist Peter Schiff declared his own Strategic Bitcoin (CRYPTO: BTC) Reserve on Friday, promising not to sell any of it. What Happened: Schiff took to X to explain the structure of the reserve.
Arthur Hayes previously predicted Bitcoin could fall to $70,000, while 10x Research analysts has called it a “textbook correction.”
Bitcoin price started a fresh decline from the $92,000 zone. BTC is back below $85,500 and might continue to move down below $80,000.
On Mar. 10, Bitcoin's price dropped to $80,052, reflecting a 7% decline over the past 24 hours, as uncertainty surrounding Trump's economic policies continues to impact the market. As of this writing, Bitcoin is trading at around $82,200.
A leading potential candidate in the forthcoming South Korean presidential elections has outlined his crypto policies, stating that the nation should deregulate crypto and approve Bitcoin ETFs. The post South Korean Presidential Hopeful Han Calls for Bitcoin ETF Approval, Crypto Deregulation appeared first on Cryptonews.
Canada's new prime minister, Mark Carney, once said recreating a virtual global gold standard like Bitcoin “would be a criminal act of monetary amnesia.”
This week, the crypto community has been engaged in discussions regarding President Trump's newly established Strategic Bitcoin Reserve alongside a U.S. Digital Asset Stockpile. The development follows Trump's disclosure on Truth Social the weekend prior that XRP, SOL, and ADA would join the mix. The peculiar detail is that the U.S.
Bitcoin's price has left many investors confused after it dropped below $84,000. Despite strong bullish factors over the past week, its recent price movement is far from the high expectations set by analysts following the announcement of the Strategic Bitcoin Reserve. Bitcoin is currently trading at $80,909, down over 6% in the past day.
Ethereum's rough patch is expected to continue into the future, exacerbated by Bitcoin and Solana functionalities. Ordinals co-founder Casey Rodarmor noted that Bitcoin's prestige and Solana's speed could be the final nail in Ethereum's coffin.
Cryptocurrency prices fell on Monday as volatility in prices continued after an executive order signed by President Donald Trump to create a U.S. strategic bitcoin reserve disappointed investors.