News of potential interest cuts and the expected unveiling of a national crypto strategic reserve at the upcoming White House Crypto Summit, all helped buoy the dominant cryptocurrency. Bitcoin Price Rises Amid Positive Market Sentiment Bearish traders suffered liquidations on their short positions as positive economic news gave bitcoin a modest 7% rally this morning. […] Original
Bitcoin (BTC) retreated from above $90,000 at the March 5 Wall Street open amid mixed signals over the US strategic reserve. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Senator: US Bitcoin reserve lacks support Data from Cointelegraph Markets Pro and TradingView showed whipsaw BTC price action continuing as part of broader risk-asset volatility. Geopolitical events maintained a firm grip on market performance, with stocks and crypto sensitive to developments over US trade tariffs and the reserve. The latter appeared to get the green light earlier on the day as US Commerce Secretary…
Crypto market volatility discouraged digital asset speculation, flushing out Bitcoin leveraged positions despite the March 4 recovery bounce. Bitcoin (BTC) open interest backpedaled to $49 billion, or 558,914 BTC across exchanges, reaching a four-month low and revisiting levels last seen in October 2024, per CoinGlass data. Open interest measures the sum of outstanding futures or options contracts. In this case, BTC OI calculates the total money allocated to Bitcoin leveraged positions. Data showed BTC OI in a downtrend since December, falling to current levels from around 700,000 BTC worth over…
Following its inclusion in Donald Trump’s newly announced US Crypto Reserve, Ethereum’s price prediction for 2025 has become one of the hottest topics of debate among crypto enthusiasts and pundits. While a vast majority is expecting $ETH to ride the positive momentum and finally break out of its long-drawn sideways channel, some say there’s more price correction in store. In this guide, we’ll let Ethereum speak to us; we’ll analyze its technicals and fundamentals to draw out a clear picture of where we think the second-biggest crypto in the world…
Este artículo también está disponible en español. Cardano has seen massive volatility since last weekend after an explosive 80% price surge, fueled by President Trump’s announcement that ADA will be part of the U.S. Strategic Crypto Reserve. The news triggered a wave of buying activity, sending Cardano soaring as investors reacted to the unexpected endorsement. Related Reading However, the excitement was short-lived as ADA dropped over 35% in the following days, dragged down by a broader market meltdown. The sharp correction left traders questioning whether Cardano could sustain its momentum…
It was after clawing back “six figures” from a decentralized finance (DeFi) scam project in 2021 that New York-based attorney and Navy veteran Max Burwick realized he could take on crypto’s biggest grifters and win. “It changed the way I looked at everything,” Burwick tells Magazine. He’s currently suing Solana-based memecoin factory Pump.fun and the creators of the Hawk Tuah (HAWK) token, among many others. “Two things happened to me at that moment that were critical. One was I understood the dual nature of what people pretend to be in…
Just as anabolic steroids are to bodybuilders, fiscal and monetary stimuli have been the lifeline for markets and the economy. Over the decades, nation-states have relied heavily on these fiscal injections to buff up markets and respective economies. Now, to the delight of BTC and risk asset bulls, China, the world’s second-largest economy, and European Union’s heavyweight Germany have announced fresh fiscal bazookas. That might help calm crypto and traditional market nerves about the negative impact of the Trump administration’s plan to reduce spending and the President’s tariffs policies. The…
Opinion by: Ross Shemeliak, co-founder and chief operating officer of Stobox Following US President Donald Trump’s return, Coinbase saw the Securities and Exchange Commission drop its 2023 lawsuit, alongside Robinhood Crypto’s investigation closure. On Feb. 25, the SEC also ended its federal probe into Uniswap Labs, triggering market declines with Coinbase and Bitcoin (BTC), the latter of which dropped from its $109,114 peak to $87,000, marking a notable 20% retreat. There’s no apparent reason in sight, but the overall logic of the investors’ reaction is understandable: They are not keen…
In remarks shared with the news publication, The Pavlovic Today, U.S. Commerce Secretary Howard Lutnick disclosed that the forthcoming White House Crypto Summit will likely serve as the stage for unveiling the strategic crypto reserve. He also noted that certain tokens within the proposed reserve could be subject to distinct regulatory considerations, stating they may […] Original
President Donald Trump is set to unveil a Bitcoin reserve strategy at the White House Crypto Summit Commerce Secretary Howard Lutnick confirmed the plan in an interview with The Pavlovic Today, stating that Bitcoin would receive special status under Trump’s initiative. “A Bitcoin strategic reserve is something the President’s interested in. He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday,” Lutnick said. The summit, chaired by venture capitalist David Sacks and Congressman Bo Hines, marks a key moment in…