Day: March 6, 2025

Bitcoin Could Could Gain Momentum For A Move To $150,000 If Bulls Reclaim This Level – Details

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Este artículo también está disponible en español. Bitcoin is currently trading at $90,800 after a strong 13% rebound from the $81,000 level, as bulls attempt to regain control of price action. After days of volatility and uncertainty, Bitcoin’s recovery has renewed optimism in the market, but traders remain cautious as BTC faces key resistance levels. Related Reading All eyes are now on Friday’s President Trump Crypto Summit, where he is expected to announce a definitive plan for the U.S. Strategic Crypto Reserve. This event could have a major impact on…

step by step guide by a16zcrypto

From network tokens to meme coins, a16z crypto has laid out a framework to help businesses navigate the evolving crypto landscape. What is a cryptocurrency? According to Wikipedia’s definition, it is a digital currency designed to work through a computer network that is “not reliant on any central authority, such as a government or bank, to uphold or maintain it.” And while at the very beginning in 2009 there was one and only cryptocurrency out there, called Bitcoin (BTC), things have changed significantly since then. Now, there over 12 million…

New GOP bill aims to end debanking of crypto companies, ‘risky’ industries

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South Carolina Senator Tim Scott, the leader of the US Senate Banking Committee, plans to introduce a bill on March 6 to end regulatory oversight of customer reputational risks toward banks, paving the way for an end to a discriminatory practice known as “debanking,” according to a report from The Wall Street Journal. Debanking is a practice where banks may choose not to do business with clients that pose “reputational risks.” The Federal Reserve defines reputational risk as “the potential that negative publicity regarding an institution’s business practices, whether true…

Bitcoin Breaks $90K Ahead of White House Crypto Summit

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China’s economic stimulus measures and Friday’s highly anticipated White House Crypto Summit helped the cryptocurrency enter $90K territory. As Bitcoin Tops $90K, All Eyes Turn to White House’s High-Stakes Crypto Summit Bitcoin traded as high as $92,804.94 over the past 24 hours, influenced by global economic developments and anticipation of the upcoming White House Crypto […] Original

Bitcoin Price Action Says Bottom Is In, Analyst Reveals What’s Coming

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Este artículo también está disponible en español. Crypto analyst Master Ananda has asserted that the bottom is in for the Bitcoin price following its massive crash below $80,000 last week. In line with this, the analyst revealed what to expect next from the flagship crypto.  In a TradingView post, Master Ananda claimed that the bottom is in based on the current Bitcoin price action. He stated that last week’s drop, touch-and-go, is the perfect bottom signal. The analyst further remarked that $78,300 can be taken as the bottom, which represents…

Will Bitcoin price hit $100k as investors eye Trump’s crypto summit?

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Bitcoin price wavered on Thursday as investors embraced a risk-off sentiment amid the ongoing trade war between the U.S. and its top trading partners. Bitcoin (BTC) was trading at $90,000, up 15% from its lowest level this month, while American stock indices like the Dow Jones, Nasdaq 100, and S&P 500 dropped by over 1%. BTC has two key catalysts that may push its price to $100,000 in the next few days. First, Donald Trump will host the first-ever crypto summit in Washington. This summit will feature top industry leaders,…

Bitwise makes first institutional DeFi allocation

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Bitwise Asset Management has made its first institutional decentralized finance (DeFi) allocation, depositing into Maple Finance’s overcollateralized Bitcoin loans, Maple told Cointelegraph on March 6.  Maple did not disclose the size of the investment but confirmed that Bitwise’s allocation is represented in Dune Analytics total value locked (TVL) figures for Maple’s “blue chip secured” strategy.  Those figures show a roughly $5 million increase in Maple’s TVL between March 4 and March 5.  Bitwise’s investment is “a testament to the maturity and readiness of on-chain lending infrastructure,” Maple’s CEO, Sid Powell,…

Crypto.com joins CF Benchmarks, enhancing Bitcoin and Ethereum indices

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Crypto exchange Crypto.com’s market data will soon be integrated into real-time indices and reference rates for Bitcoin and Ethereum markets. This comes as CF Benchmarks, a crypto indices provider regulated by the United Kingdom’s Financial Conduct Authority, has added Crypto.com as a constituent exchange. According to details the FCA-regulated benchmark administrator shared in a press release, Crypto.com’s market data will, effective March 31, 2025, power CF Benchmarks’ suite of Bitcoin (BTC) and Ethereum (ETH) indices. With this, Crypto.com will become a CME CF constituent exchange, providing its institutional-grade market data…

LBank Partners With Elliptic to Enhance Compliance and Security in Global Expanding

This content is provided by a sponsor. PRESS RELEASE. SINGAPORE, March 6, 2025 – LBank(lbank.com), a leading global cryptocurrency exchange, has officially partnered with Elliptic to enhance its compliance framework. This collaboration aims to further strengthen LBank’s security measures and risk control standards, ensuring the highest level of asset protection for its users. As cryptocurrency […] Source CryptoX Portal

U.S. lost $17n by selling seized Bitcoin too early

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The U.S. federal government has sold approximately 195,000 Bitcoin over the past decade, generating an estimated $366 million from criminal seizures, including those linked to Silk Road. American taxpayers have missed out on $17 billion in Bitcoin (BTC) profits since 2013 due to a walled garden investment strategy adopted by previous administrations, White House AI and Crypto Czar David Sacks opined via X. Sacks shared a Federal Government Bitcoin Sales Analysis, generated by Elon Musk-backed Grok AI, in what appears to be another hint of a potential U.S. crypto reserve…