Bitcoin Surges as Trump Unveils U.S. Crypto Reserve Plans
Bitcoin and the broader crypto market experienced a major rally over the weekend after U.S. President Donald Trump announced the creation of a strategic crypto reserve. This policy shift boosted investor confidence, pushing Bitcoin to new highs and lifting altcoins alongside it. Bitcoin Soars Past $93,000 Bitcoin surged nearly $14,000
Bitcoin Slips into Bear Market with Biggest Monthly Drop Since 2022
Bitcoin has suffered its largest monthly drop since June 2022, plunging 17.5% in February and slipping into a technical bear market. The world’s biggest cryptocurrency closed the month at around $84,252 (£67,010), after hitting a three-month low of $78,273. This marks Bitcoin’s 11th worst month in the last decade, as
Bitcoin ETFs Face Third Week of Outflows, Losing $2.61 Billion
The crypto ETF market faced another turbulent week from February 24 to 28, with bitcoin ETFs recording a net outflow of $2.61 billion. This marked the third consecutive week of declines, reflecting growing bearish sentiment. The most significant single-day withdrawal occurred on February 26, when investors pulled $1 billion from
Until April, the SEC will not make a decision on BlackRock’s spot Ethereum ETF options.
In a latest development, the US SEC has postponed its decision on BlackRock’s proposal to list and trade options on its spot Ethereum exchange-traded fund (ETF). The new deadline for the SEC’s decision is set for April 9, 2025. The SEC said it will decide on April 9, 2025, whether to approve
Crypto Bloodbath: $325 Billion Wiped Out Amid Market Turmoil
The crypto market has suffered a severe downturn, with $325 billion in market capitalization wiped out since Friday. According to The Kobeissi Letter, a staggering $100 billion was lost within just one hour on Tuesday morning, despite no major headlines triggering the sell-off. Bybit Hack Shakes Confidence The recent crash
Bitcoin Slips Below $90K Amid Market Uncertainty
Bitcoin has dropped to a three-month low, breaking below the $90,000 mark as selling pressure from equities spills into the crypto market. The leading cryptocurrency slid as low as $86,128.21, its lowest since November, before recovering slightly. Equities Sell-Off Weighs on Bitcoin The decline in Bitcoin’s price comes as stock
In the Bitcoin Tax Case, Ross Ulbricht Demands Roger Ver’s Release
Ross Ulbricht, the recently pardoned creator of Silk Road, has publicly supported Roger Ver, who currently faces serious tax evasion charges in the United States. On February 20, Ulbricht posted on X, stating, “Roger Ver was there for me when I was down and needed help. Now Roger needs our support. No
Among other things, Onyxcoin leads the daily gainers.
The cryptocurrency market saw notable movement today, with Onyxcoin ($XCN) leading the charge among the top gainers. The data, shared by Phoenix Group, highlights a range of tokens experiencing significant price increases, signaling bullish sentiment across various projects. Investors and analysts are closely monitoring the developments as several lesser-known assets make their
Crypto Markets on Edge: Key Events That Could Shake BTC This Week
Bitcoin (BTC) continues to trade below the psychological $100,000 mark, frustrating traders with its lackluster performance. However, several major events this week could trigger volatility in the crypto markets. From the long-awaited FTX payout to a Trump-Musk interview and crucial FOMC minutes, here’s what investors need to watch. FTX Payout:
Market Dynamics Are Affected by Trump’s Tariff Plans
In a bold move, President Donald Trump is considering declaring a national economic emergency to roll out a comprehensive tariff regime targeting both allies and adversaries. This initiative, potentially enacted under the International Economic Emergency Powers Act (IEEPA), seeks to alter global trade dynamics significantly. What Motivates Trump’s Tariff Approach?
