XRP tumbles toward $2 amid US recession fears and Trump's Bitcoin reserve plan. Can the SEC's upcoming appeal strategy shift market sentiment?
Anthony Scaramucci, founder and managing partner of Skybridge Capital, reaffirmed his belief in bitcoin as a valuable long-term strategic asset during an interview on CNBC. Skybridge's Scaramucci: U.S. Must Embrace Bitcoin to Stay Competitive Speaking about the evolving role of digital assets, Anthony Scaramucci was pleased that the U.S.
In a 2018 speech, former Bank of England chief Mark Carney cast doubt on Bitcoin's utility by critiquing its fixed design and potential economic effects. His observations, resurfacing amid shifting Canadian political landscapes, provided a retrospective look at cryptocurrency's role in fiscal policy. The post Canada's Newly Elected PM Mark Carney's Past Bitcoin Criticisms Unearthed appeared first on Cryptonews.
CrediBULL Crypto dismisses fears of Bitcoin's stock market correlation, advising investors to focus on technical levels for long-term gains.
Bitcoin saw a drop in trading volume across both the spot and futures markets over the past five days. The decline, which followed a sharp drop in Bitcoin's price after a week of extreme volatility, was likely driven by a combination of disappointing political developments, macroeconomic tensions, and weekend trading patterns.
Coinbase plans to launch 24/7 Bitcoin and Ethereum futures trading via its CFTC-regulated derivatives exchange, aiming to align U.S. markets with global crypto trading norms and enhance risk management for traders. The post Coinbase to Launch 24/7 Bitcoin and Ethereum Futures via CFTC-Regulated Exchange appeared first on Cryptonews.
The price of Bitcoin (BTC) has dropped below $80,000, which has triggered concerns among investors about the future of the crypto market. However, ARK Invest CEO Cathie Wood remains optimistic despite the price correction.
Top US crypto exchange platform Coinbase is launching around-the-clock futures contracts in America for Bitcoin (BTC) and Ethereum (ETH). In a new blog post, Coinbase says that its derivatives arm is launching the first 24/7 futures trading of the top two digital assets for US customers in the coming weeks.
Data shows the sentiment among the Bitcoin traders has deteriorated into extreme fear as BTC has plunged to start the new week.
Michael Saylor's Strategy is issuing $21 billion in preferred stock to expand its Bitcoin reserves. This strategic move aligns with broader corporate shifts in digital asset financing amid regulatory uncertainties. The post Michael Saylor's Strategy to Sell $21 Billion In Preferred Stock appeared first on Cryptonews.
Bitcoin (BTC-USD) prices have been pummeled this year, down about 15% in 2025. Exodus Co-Founder and CEO JP Richardson says broader macroeconomic concerns along with policy uncertainty are weighing on the cryptocurrency.
Coinbase Derivatives, LLC, a futures exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC), is preparing to introduce the first round-the-clock bitcoin and ethereum futures contracts, granting U.S. traders uninterrupted access to risk mitigation tools and market engagement.
Strategy plans to raise $21 billion through a preferred stock offering, with funds focused on Bitcoin and business expenses.
The cryptocurrency industry will benefit more from US regulatory clarity than from President Donald Trump's plan to create a national Bitcoin (BTC) reserve, several cryptocurrency executives told Cointelegraph. Trump's March 6 executive order creating a US strategic Bitcoin reserve and a separate digital asset stockpile for altcoins left crypto industry executives underwhelmed.
Not even the president's meme coin is weathering the crypto market downturn, with TRUMP now down more than 85% from its all-time high.
American financial Anthony Scaramucci has shared his latest take on the recently announced strategic Bitcoin reserve, arguing that it will actually help the U.S.
Bitcoin plunged below $80K on Monday, March 10, dropping to lows of $77,490 as the crypto market suffered another bloodbath.
Dogecoin (DOGE), the number one meme coin, has since grown from an internet joke into a full-blown digital currency in the crypto space.
Coinbase is making a major change to how Bitcoin and Ethereum futures work in the United States by launching 24/7 trading, eliminating the restrictions of fixed market hours, according to an announcement on its blog post today.
The San Francisco-based exchange is working to catch up with offshore platforms that already offer round-the-clock futures.
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss bitcoin and crypto stocks tumbling amid recession fears.
Cryptocurrency markets are following traditional financial markets lower on Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $78,943.09 -4.5% Ethereum (CRYPTO: ETH) $1,871.07 -8.2% Solana (CRYPTO: SOL) $119.69 -7.3% XRP (CRYPTO: XRP) $2.07 -4.5% Dogecoin (CRYPTO: DOGE) $0.1572 -8.2% Shiba Inu (CRYPTO: SHIB) $0.00001178 +0.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7% and daily active addresses falling by 0.4%.
Bitcoin adoption knocked on the doors of the U.S. Congress as lawmakers tapped crypto's biggest token for personal wealth.
Bitcoin (BTC) fell to $78,000 this Monday, losing 4% on the day, as stock markets plummet. According to recent crypto data, the BTC/USD pair hit $79,170 on Bitstamp, continuing a downward trend that began before the weekly close.
Bitcoin plunges to $80K amid extreme fear! Market liquidations exceed $620 mln—Is a recovery on the horizon?
Strategy executive chairman Michael Saylor is unveiling an ambitious plan to bolster the company's already boisterous Bitcoin (BTC) holdings. In a new post to the social media platform X, Saylor says that Strategy, formerly MicroStrategy, is selling $21 billion in preferred STRK stock to snatch up more coins.
Byron Donalds, a US congressman and candidate for Florida's governorship, has proposed that the state establish a Bitcoin reserve, arguing that the digital asset could serve as a safeguard against inflation and federal monetary policy.
MicroStrategy's stock price has dropped significantly in recent months, leading economist and gold advocate Peter Schiff to criticize the company's Bitcoin-focused strategy. Peter Schiff argues that the firm's financial position is worsening due to rising debt and the declining value of Bitcoin.
On today's episode of CNBC Crypto World, Bitcoin sinks to its lowest level since November after investors look beyond the White House crypto summit and focus on macroeconomic pressures. Plus, Utah's legislature passes a bill to create crypto regulatory frameworks.
Coinbase announced on March 10 that it plans to offer 24/7 trading for Bitcoin (BTC) and Ether (ETH) futures to US residents. The exchange is also launching perpetual futures trading with long-date expirations.
Bitcoin has dropped below $80,000, marking a 14% drop in a week. The leading cryptocurrency is currently trading at $77,800, while Ethereum has fallen to $1,860 – it's lowest since November 2023.
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Bitcoin drops below $78K, losing 23% since Feb 2025. Whale holdings hit a 6-year low as big investors exit. Could BTC plunge to $70K next? The post Big Money is Leaving Bitcoin – What Does This Mean for BTC Price? appeared first on Cryptonews.
Crypto analyst Benjamin Cowen warns Bitcoin's (CRYPTO: BTC) first weekly close below bull market support band could signal the cycle top. What Happened: As Bitcoin slipped below $79,000, Cowen raised concerns in a podcast on Monday, noting that BTC has closed below the bull market support band on a weekly timeframe for the first time outside Q3 during this cycle.
Bitcoin (BTC) has fallen below the $80,000 threshold after failing to to sustain the upward momentum built earlier in the day. Based on CryptoSlate data, Bitcoin was trading at $77,400 as of press time, down 5.84% over the past 24 hours.
The evolution of the Canadian political landscape could disrupt the crypto ecosystem. Mark Carney, former governor of the Bank of Canada and the Bank of England, has just been appointed to succeed Justin Trudeau.
The Bitcoin and crypto market faces a week of pivotal events. #1 Bitcoin (BTC) All eyes are on Washington, D.C.
The Texas Senate passed the Bitcoin strategic reserve bill SB-21 on March 6. This followed a debate in which State Senator Charles Schwertner, who introduced the bill, argued that it would help Texas add a valuable and scarce asset to its balance sheet.
Changpeng Zhao, the former chief executive officer of cryptocurrency exchange Binance, has stated that "the major coins should mostly do alright" amid a major market crash.
Texas could become the first state to have a strategic Bitcoin (BTC) reserve following the passage of a new bill that allows it to invest in and manage crypto assets. On Thursday, the Texas Senate voted 25-5 to pass Senate Bill 21, or the Texas Strategic Bitcoin Reserve and Investment Act.
Former White House Communications Director Anthony Scaramucci says institutional entities and potentially countries will likely be gobbling up Bitcoin (BTC) in the coming months.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin (CRYPTO: BTC) has fallen below $79,000 on Monday, raising concerns among analysts who believe the downturn may not be over. With XRP (CRYPTO: XRP), Ethereum (CRYPTO: ETH) and other altcoins also under pressure, experts suggest that market expectations have been reset, and further corrections remain a possibility.
TL;DR Bitcoin's perpetual funding rate has fluctuated between positive and negative, reflecting significant market uncertainty. Recently, the rate reached a negative value of -0.006%, indicating pessimism, which has coincided with major BTC drops in the past. BTC futures are trading at a discount, and short-term yields have fallen to negative levels, signaling weak demand.
Bitcoin has broken below the key 200-day moving average of $83K, exhibiting a notable bearish sign. However, the price encounters buyers' last defence line at $80K, with a potential breakout leading to a substantial decline toward $75K.
Crypto and equities are plummeting on the weekly open amid President Trump's tariffs and refusal to rule out a recession this year. Earlier this month, the Federal Reserve Bank of Atlanta predicted a 2.8% contraction in GDP for the first quarter of 2025, sparking new economic uncertainty and recession talks.
Bitcoin's price has entered a volatile trading range between $78,000 and $82,000 as bullish momentum fades and traders react to shifting macroeconomic conditions.