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news-imageMarch 16, 2025

XRP bulls eye $2.60, but will Bitcoin's volatility spoil the rally?

Where will XRP stand if another market-wide sell-off hits?
Publisher: AMBCrypto
Sentiment: Neutral
BTC
XRP

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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.

Positive
cover-imageCointelegraph
March 17, 2025

XRP's role in US Digital Asset Stockpile raises questions on token utility — Does it belong?

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.

Positive
cover-imageBenzinga
March 17, 2025

XRP Delivering Steady Gains For Prominent Trader—Can Dogecoin, Shiba Inu Keep Up?

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.

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.

Negative
cover-imageBenzinga
March 17, 2025

Bitcoin ETFs See Record $5.5 Billion In Outflows In 5 Weeks As Tariff Turbulence Looms

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.

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