Bitcoin News / Bitcoinist - 1 month ago
Following US President Donald Trump’s executive order establishing a Strategic Bitcoin (BTC) Reserve, Republican Senator Cynthia Lummis announced she would reintroduce her Reserve bill in the Senate to implement a BTC purchase program. Senator Lummi...
Bitcoin News / Bitcoinist - 1 month ago
On-chain data shows that Bitcoin miner exchange inflows have shot up recently, something that could extend BTC’s price drawdown. Bitcoin Miner To Exchange Flow Metric Has Seen A Spike As pointed out by an analyst in a CryptoQuant Quicktake post...
Bitcoin News / Bitcoinist - 1 month ago
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced renewed downward pressure amid a widespread market crash. After reaching a mid-December high of $4,107—still below its November 2021 all-time high of $4,868—E...
Bitcoin News / Bitcoinist - 1 month ago
David Sacks, the White House’s crypto czar, has disclosed the intentions of the Treasury Department to concentrate on increasing the value of Bitcoin, XRP, and other digital assets that the US government owns. This, after US President Donald Tr...
Bitcoin News / Bitcoinist - 1 month ago
Dogecoin’s price has been on a wild ride with a wave of steady declines in recent weeks. This decline has caused the meme coin to lose various support levels amidst a steady increase in selling pressure. Notably, this decline has resulted in a pullba...
Bitcoin News / Bitcoinist - 1 month ago
Ethereum (ETH) has officially lost the $2,000 mark, trading below this key level for the first time since 2023 and reaching its lowest point since October 2023. The price plummeted as low as $1,750, marking a dramatic drop from its December 2024 high...
Bitcoin News / Bitcoinist - 1 month ago
The ongoing Bitcoin price crash is a testament to the growing volatility and uncertainty in the crypto market. As Bitcoin faces more downward pressure, the market braces for a wave of key economic reports this week that could influence prices. Bitco...
Bitcoin News / Bitcoinist - 1 month ago
Dogecoin’s recent bearish performance in the past several weeks has cast doubts about its potential in the ongoing bull market cycle and its long-term prospects. DOGE may have declined sharply toward key levels last seen in 2024, but many analy...
Bitcoin News / Bitcoinist - 1 month ago
Bitcoin (BTC) and Ethereum (ETH) have been hit with massive selling pressure as fear grips not just the crypto market but also U.S. stocks. The entire crypto sector has struggled amid negative macroeconomic conditions, with investors uncertain about...
Bitcoin News / Bitcoinist - 1 month ago
The current bearish state of the overall crypto market has triggered fears of a bear market since Bitcoin, the largest digital asset, continues to decline, reaching as low as $77,760. It is worth noting that BTC has been decreasing from its new all-...
Bitcoin News / Bitcoinist - 1 month ago
Crypto projects like Best Wallet token are ready to take off as Donald Trump eyes an executive order that would force the Federal Reserve to accept crypto banks into the system. The measure comes as a response to Biden’s Operation Chokepoint 2.0, whi...
Bitcoin News / Bitcoinist - 1 month ago
Acting SEC Chairman Mark Uyeda announced on March 10 that the regulatory body is working on abandoning a potentially horrendous rule that would require crypto firms to register as exchanges. The said rule would’ve broadened the spectrum of what...
Bitcoin News / Bitcoinist - 1 month ago
Time to Make Stablecoins Great Again – unless you’re Tether. The world’s largest stablecoin, with a $120B market cap, looks like it could be left hanging after the US Senate moved to introduce the GENIUS stablecoin bill. The bill focuses heavily on i...
Bitcoin News / Bitcoinist - 1 month ago
The Bitcoin market has been shaken by a substantial correction, dipping to a low of $76,589 before regaining ground above $80,000 at press time. Even with the recovery, the price remains down 27% from the all-time high of $109,900 reached on January...
Bitcoin News / Bitcoinist - 1 month ago
In a significant development for the crypto market in the United States, acting Securities and Exchange Commission (SEC) Chair Mark Uyeda announced plans to revise a controversial proposal requiring digital asset exchanges to register under alternati...
Bitcoin News / Bitcoinist - 1 month ago
Michael Saylor’s MicroStrategy plans to raise $21B for additional Bitcoin ($BTC) purchases through the At The Market (ATM) Program. Specifically, MicroStrategy will sell $21B worth of 8% Series A perpetual strike preferred stock – shares that pay an...
Bitcoin News / Bitcoinist - 2 months ago
Data shows the cryptocurrency derivatives market has witnessed a mass liquidation event as Bitcoin and other digital assets have plunged. Crypto Liquidations Have Exceeded $680 Million In Last 24 Hours According to data from CoinGlass, a large amount...
Bitcoin News / Bitcoinist - 2 months ago
According to an X post by crypto trader Merlijn The Trader, Bitcoin (BTC) is following the ‘megaphone pattern’, positioning the top cryptocurrency for potential upside momentum. However, BTC must stay above the $72,000 price level for the pattern to...
Bitcoin News / Bitcoinist - 2 months ago
Utah’s State Senate has exited the Strategic Bitcoin Reserve (SBR) race after amending the proposed bill allowing the state treasury to invest in digital assets. The amended legislation is now headed to Utah Governor Spencer Cox’s desk to be signed i...
Bitcoin News / Bitcoinist - 2 months ago
Shiba Inu is reeling from a sharp price crash, with on-chain data pointing to massive selling by large holders (whales) as the culprit. Over the past week, SHIB’s market value has dropped significantly alongside the rest of the industry, erasing rece...
Bitcoin News / Bitcoinist - 2 months ago
CoinShares, a prominent European digital asset manager, earlier today released its latest report on cryptocurrency investment flows. The findings revealed that digital asset investment products experienced their fourth consecutive week of outflows, t...
Bitcoin News / Bitcoinist - 2 months ago
Data shows the sentiment among the Bitcoin traders has deteriorated into extreme fear as BTC has plunged to start the new week. Bitcoin Has Seen Another Setback To Kick Off Monday Bitcoin renewed optimism among investors last week as its price showed...
Bitcoin News / Bitcoinist - 2 months ago
Dogecoin (DOGE), the number one meme coin, has since grown from an internet joke into a full-blown digital currency in the crypto space. Despite its rapid growth, the question remains: what would Dogecoin’s price be if it reached the market capitaliz...
Bitcoin News / Bitcoinist - 2 months ago
The Bitcoin and crypto market faces a week of pivotal events. #1 Bitcoin (BTC) All eyes are on Washington, D.C. as Bitcoin’s near-term trajectory may hinge on an event scheduled for March 11. Senator Cynthia Lummis, a vocal proponent of pro-Bitcoin a...
Bitcoin News / Bitcoinist - 2 months ago
Changpeng Zhao, Binance former CEO, remains an active commentator on the state of crypto’s affairs. In a recent Twitter/X post, CZ criticized the prevailing investment thesis and culture for many, which is primarily driven by greed and the quest for...
