One trader's $521 million Bitcoin short position on Hyperliquid is being targeted by other traders who want to force a liquidation.

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%.

Hashdex, a Brazil-based asset manager specializing in digital assets, has filed an amendment with the U.S. Securities and Exchange Commission in order to expand its cryptocurrency index ETF with a slew of additional altcoins, including XRP and Cardano (ADA).

Bitfarms Ltd. has finalized its acquisition of Stronghold Digital Mining, Inc., marking an expansion of its U.S. operations and energy capabilities. The deal strengthens Bitfarms' position in the PJM market and advances its high-performance computing (HPC) and artificial intelligence (AI) initiatives.

Prominent Bitcoin (CRYPTO: BTC) Peter Schiff once again took to X to criticize the apex cryptocurrency and extol the benefits of gold compared to Bitcoin. What Happened: In a post on Monday, Schiff highlighted that gold prices have surged past $3,000 as foreign central banks continue selling U.S. dollars to accumulate gold.

A closely followed analyst believes Bitcoin (BTC) and altcoins are about to ignite massive rallies and leave paper-handed investors on the sidelines.

The central bank of South Korea is not buying into the (popular) notion of including Bitcoin in its foreign exchange stockpile, citing the cryptocurrency's extreme price volatility and lack of recognition as a reserve asset under international standards.

South Korea rejects Bitcoin reserve plan, citing volatility, as BTC struggles below $90K amid global caution.

Bitfinex analysts said Bitcoin buyers with purchases in the last month were the hardest hit during recent crypto market selloffs.

Bitcoin (BTC) has fallen 12% since March 2, when it nearly reached $94,000. Interestingly, during the same period, the US dollar weakened against a basket of foreign currencies, which is usually seen as a positive sign for scarce assets like BTC.

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.

Ripple is advancing its position in digital asset custody with a trademark filing for “Ripple Custody” at the United States Patent and Trademark Office (USPTO). The application was submitted on Feb. 25 but has yet to be assigned to an examiner.

Recent data has shown what the XRP price would be if it flips Ethereum's market cap. Such a development would also lead to a new all-time high (ATH) for XRP.

On Monday, following Sunday's action, the notorious Hyperliquid trader returned with a 40x short bitcoin play carrying a notional value of $524 million at about 2:45 p.m. Eastern Time on March 17.

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.

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.

Prominent American entrepreneur Jason Calacanis has predicted that Strategy co-founder Michael Saylor will "break" the Bitcoin game.

Ripple's XRP (XRP), the third-largest cryptocurrency by market cap, gained national recognition after President Donald Trump mentioned the “valuable cryptocurrency” alongside BTC, ETH, SOL, and ADA as part of a planned US strategic crypto reserve. Trump's executive order on March 6 established a new structure for the altcoins — the Digital Asset Stockpile, managed by the Treasury.

Bitfarms has completed buying Stronghold Digital Mining (SDIG). This makes Bitfarms the biggest Bitcoin miner in the PJM market and gives it a much bigger presence in the US, ” the world crypto capital.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The crypto market has had a bearish start to the week, with most cryptocurrencies trading in the red. However, some have managed substantial gains, including Toncoin (TON), Polkadot (DOT), Hedera (HBAR), and Litecoin (LTC).

President Donald Trump's tax reduction plans, paired with his aggressive tariff policies, have significantly disrupted the cryptocurrency market, prompting heightened volatility and an ETF-driven sell-off in Bitcoin (CRYPTO: BTC) over the past weeks.

Ripple Labs has filed a trademark application for the word mark “Ripple Custody,” indicating that the company behind the XRP (XRP) token is considering expanding its brand in the crypto custody space.

Hashdex's ETF expansion could enhance crypto market accessibility and diversification, potentially attracting more institutional investors. The post Hashdex files with SEC to add XRP, ADA, SOL, and other coins to its Crypto Index ETF appeared first on Crypto Briefing.

Prominent crypto chart analyst Ali Martinez has shared insights into his trading strategy, demonstrating how disciplined execution and risk-reward balance have helped him generate significant profits despite occasional setbacks. What Happened: In an X post on Monday, Martinez emphasized that losses are an unavoidable part of trading but managing them effectively ensures that winning trades outweigh the losses over time.

Bitcoin could be bound to making a new ATH by June as historical data suggests.

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.

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.

In the midst of a market-wide pullback, XRP has demonstrated an unexpected degree of resilience, having posted smaller losses than many other leading digital assets.

Bitcoin's next move would be impacted by key economic events set to unfold this week.

The HLP whale continues to outmaneuver rivals with unexpected trades—masterful strategy or a ticking time bomb?

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.

A Bitcoin whale opened a $450M short position on Hyperliquid with 40x leverage. The whale deposited $5M in USDC to strengthen its position and avoid liquidation.

Gold exchange-traded funds have overtaken bitcoin ETFs in assets under management as investors shift away from riskier crypto assets. Crypto asset manager 21Shares is set to liquidate two actively managed ETFs tied to bitcoin and ether futures amid a wider market downturn.

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.

The proposed amendment would include various cryptocurrencies in the in the Hashdex Nasdaq Crypto Index US ETF.

Standard Chartered has slashed its year-end 2025 price target for Ethereum (ETH) from $10,000 to $4,000. The 60% downward revision for the ETH price target over the next eight or so months comes amid an ongoing market struggle for the leading altcoin.

Michael Saylor's newly rebranded software company turned bitcoin treasury firm Strategy, announced a 130 BTC purchase on Monday as the dominant cryptocurrency hovered just above $83,000, staying mostly flat since last week.

North Korean Lazarus group holds more Bitcoins than El Salvador and Bhutan. Lazarus group converted all the stolen Ethereum in Bybit hack into Bitcoins.

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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TL;DR A whale opened a $400 million short position in Bitcoin with 40x leverage, triggering significant market volatility. Their entry price was $84,000, and if BTC surpasses $86,000, the position will be liquidated.

Asset management firm Hashdex has filed an amendment with the U.S. Securities and Exchange Commission to include Litecoin in its Hashdex Nasdaq Crypto Index US ETF.

XRP is making headlines after Ripple trademarked “downloadable software” that will allow people to store cryptocurrencies. This development has sparked speculation about its potential impact on the XRP price.

Bitcoin miners have offloaded over $27M in profits as BTC trades near key resistance. Will this selling cap Bitcoin's upside?

Bitcoin's (BTC) 90-day open interest, i.e., the aggregated USD-denominated value of all futures and contracts unsettled so far, losing its volume.

Bitcoin (BTC) critics have heaped different allegations on the coin and its technology over the years. Despite the coin's backlash, it remains the unchallenged top cryptocurrency.

U.S.-listed Bitcoin (CRYPTO: BTC) exchange-traded funds are grappling with their most prolonged stretch of net outflows since their debut in January last year, as investors react to market volatility spurred by President Donald Trump's tariff-driven trade policies. What Happened: Over the past five weeks, the group of 12 Bitcoin ETFs has collectively shed more than $5.5 billion, according to data compiled by Bloomberg.