Author: Crypto Editor
Bitcoin (BTC) has undergone its second-largest correction of this bull run, in keeping with analysts at crypto trade Bitfinex. The correction, from the coin’s all-time excessive of $109,590 set on Jan. 20 to a low of $77,041 in the course of the week of March 9-15, represents a 30% retracement triggered by promoting stress from short-term holders.In its report, Bitfinex defines short-term holders as those that have purchased throughout the final seven to 30 days. Based on the trade, they’ve suffered internet unrealized losses and are sometimes extra topic to capitulation. Bitfinex notes that ongoing outflows from Bitcoin ETFs, which…
Story Highlights Crypto scams goal seniors, hundreds of thousands misplaced in Malaysia Fraudsters exploit older buyers with pretend crypto offers Pretend calls from ‘authorities’ trick victims into transferring crypto funds Bukit Aman Business Crime Investigation Division (JSJK) Director, Datuk Seri Ramli Mohamed Yoosuf, has issued a warning in regards to the rising dangers of crypto funding scams. On March 17, he cautioned older buyers, particularly these aged 60 and above, to indicate excessive warning throughout digital asset investments. He emphasised that seniors fall sufferer to creating fraudulent cryptocurrency investments as a result of criminals promise them extreme income. Ramli reveals…
BinaryX (BNX) has emerged because the market’s high gainer in the present day, surging 41% up to now 24 hours. The altcoin presently trades at $1.75, noting a 412% uptick in each day buying and selling quantity throughout that interval. The rally comes as merchants place themselves forward of the extremely anticipated BNX-to-FORM token swap, scheduled for March 21. BNX Beneficial properties Momentum as Merchants Guess Huge Forward of Token Swap BinaryX launched the 4.Meme platform on July 3, 2024, and later rebranded to 4 for a extra cohesive id. Nonetheless, because of the widespread use of FOUR within the meme…
Robinhood has launched a prediction markets hub, permitting customers to commerce on main international occasions. The prediction market business is projected to achieve $95.5 billion by 2035, rising at a 46.8% CAGR. Polymarket’s wager volumes skyrocketed to $2.5 billion in 2024, up from simply $10 million in 2020. Robinhood Derivatives, LLC (RHD) has simply dropped a game-changer—a prediction markets hub constructed proper into the Robinhood app. Now, customers can commerce on the outcomes of main international occasions, from politics and economics to sports activities and tradition. It’s a daring transfer, and it’s obtained folks speaking. Robinhood’s Large Guess on Prediction…
Key Takeaways Kentucky handed HB 701, defending Bitcoin self-custody and mining. The invoice exempts Bitcoin mining and staking from securities legal guidelines. Lawmakers are contemplating a Bitcoin reserve for state funds. Kentucky legislators have handed HB 701, a invoice aimed toward strengthening Bitcoin self-custody rights and making a supportive atmosphere for mining operations. The invoice, launched by Representatives Adam Bowling and T.J. Roberts, acquired unanimous approval from each legislative chambers on March 14 and now awaits the governor’s signature. Key provisions HB 701 explicitly protects people’ rights to self-custody Bitcoin by privately managed wallets. It additionally prevents discriminatory zoning rules…
U.S. Bitcoin exchange-traded funds (ETFs) have skilled their most prolonged interval of withdrawals since launching in January 2024, with over $5.5 billion in outflows over the previous 5 weeks. This decline in worth coincides with rising investor warning, as many are pulling away from high-risk investments resulting from considerations about U.S. President Donald Trump’s tariff insurance policies and broader financial instability. Regardless of Trump’s traditionally favorable stance on cryptocurrencies, together with discussions on digital asset shares, each Bitcoin and different digital currencies have confronted vital struggles in 2025. Consultants imagine the detrimental market sentiment pushed by escalating commerce tensions is…
Navigating the world of cryptocurrency could be overwhelming, particularly in the case of choosing the proper trade or pockets to purchase, commerce, and retailer digital property. With 1000’s of cryptocurrencies out there and a number of exchanges providing totally different options, realizing the place to begin generally is a problem. This information explores three key platforms that make shopping for crypto simpler, from well-established centralized exchanges to extra decentralized and nameless options. Understanding the Significance of A number of Wallets and Exchanges Diversifying throughout a number of wallets and platforms is crucial for minimizing threat. Counting on only one trade…
Scott Matherson is a outstanding crypto author at NewsBTC with a knack for capturing the heart beat of the market, overlaying pivotal shifts, technological developments, and regulatory modifications with precision. Having witnessed the evolving panorama of the crypto world firsthand, Scott is ready to dissect complicated crypto subjects and current them in an accessible and fascinating method. Scott’s dedication to readability and accuracy has made him an indispensable asset, serving to to demystify the complicated world of cryptocurrency for numerous readers. Scott’s expertise spans numerous industries outdoors of crypto together with banking and funding. He has introduced his huge expertise…
Distinguished American entrepreneur Jason Calacanis has predicted that Technique co-founder Michael Saylor will “break” the Bitcoin recreation. Calacanis has accused the charismatic billionaire of hijacking the main cryptocurrency. The angel investor believes that Saylor is inflicting vital harm to Bitcoin on account of his large shopping for and growing centralization. “Saylor’s relentless pumping of bitcoin, and his high-risk accumulation methods, are damaging the bitcoin ecosystem and model,” Calacanis stated earlier this month. Calacanis has additionally predicted that Technique’s trailblazing debt-for-bitcoin technique will ultimately fail this yr. A not-so-impressive Bitcoin buy Earlier, Saylor introduced Technique’s most up-to-date $10 million Bitcoin buy. The comparatively tiny sum has raised some…
A carefully adopted analyst believes Bitcoin (BTC) and altcoins are about to ignite large rallies and go away paper-handed buyers on the sidelines. Pseudonymous analyst TechDev tells his 516,300 followers on the social media platform X that Bitcoin and altcoins look like flashing a technical setup that preceded steep rallies through the 2017 and 2021 bull cycles. The dealer shares a chart suggesting that Bitcoin appears to be like poised to shatter the highest boundary of its weekly Bollinger Bands as BTC recovers from a 2025 low of $76,000. The Bollinger Bands are a volatility indicator that may sign a…