Day: March 11, 2025

Mt. Gox Sparks Market Jitters

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Mt. Gox, the Bitcoin exchange that is now insolvent, has transferred 11,833.6 BTC, totaling approximately $931 million, to new addresses, in a significant development within the cryptocurrency community. The…

Bitcoin Jumps 5.75% as US Trade Tensions Ease and Ukraine Reaches Ceasefire Deal

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Bitcoin’s price rebounded late Tuesday afternoon (4 p.m. ET), climbing to the $83,568 range after dipping below $80,000 earlier in the day. This movement coincided with Canada’s decision to halt electricity tariffs on the United States and Ukraine’s agreement to a 30-day ceasefire with Russia following U.S.-led negotiations in Saudi Arabia. Crypto Market Improves as […] Original

EU watchdogs scrutinizing OKX over $100M in Bybit laundered funds: Report

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European Union regulators are reportedly looking into a service offered by crypto exchange OKX that may have played a role in the laundering of $100 million in funds from the Bybit hack, according to Bloomberg. A March 11 Bloomberg report citing people familiar with the matter claims that national watchdogs from the EU’s member states discussed the issue during a March 6 meeting hosted by the European Securities and Markets Authority’s Digital Finance Standing Committee. The issue appears to be OKX’s decentralized finance platform and wallet service. On Jan. 27,…

Is Bitcoin’s drop to $80k a golden ticket? Expert forecasts 80% jump

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s drop to $80k has shaken the market, but an expert sees an 80% surge ahead, fueling bullish optimism for altcoins like BTCBULL. Bitcoin (BTC) saw a dramatic fall to $80,000, leaving investors questioning and reassessing their positions. However, one analyst sees BTC soaring to a new all-time high. Financial expert Tom Lee remains very optimistic about Bitcoin’s trajectory, maintaining his forecast of a $150,000 valuation by December 2025…

Bitwise launches Bitcoin corporate treasury ETF

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Bitwise has launched an exchange-traded fund (ETF) holding stocks of companies with large Bitcoin (BTC) treasuries, the asset manager said on March 11.  The Bitwise Bitcoin Standard Corporations ETF (OWNB) “seeks to track the Bitwise Bitcoin Standard Corporations Index, a new equity index of companies with at least 1,000 bitcoin in their corporate treasuries,” Bitwise said.  The ETF is the latest in a flurry of new investment products aimed at offering exposure to companies with large Bitcoin treasuries. “A lot of people wonder: Why do companies buy and hold bitcoin?…

Ukraine agrees to US proposal for a 30-day truce: Will Bitcoin rally?

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The United States and Ukraine have agreed on a proposal for an immediate 30-day ceasefire. This news is pending Russia’s acceptance, according to a joint statement following high-level talks in Jeddah, Saudi Arabia. Kyiv expressed its readiness to accept the truce, which could be extended by mutual agreement, provided Russia implements it concurrently.  “Ukraine expressed readiness to accept the US proposal to enact an immediate, interim 30-day ceasefire, which can be extended by mutual agreement of the parties, and which is subject to acceptance and concurrent implementation by the Russian…

Cantor Fitzgerald Launches $2 Billion Bitcoin Financing Initiative 

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Cantor Fitzgerald, a global financial services firm, is launching a bitcoin financing business to provide leverage to investors holding the cryptocurrency. Wall Street Firm Expands Into Bitcoin Leverage Services The New York-based company announced it will begin operations with $2 billion in initial financing, planning to expand significantly over time. The initiative aims to meet […] Original

BNB Bulls Take Charge: Price Rebounds Strongly After Recent Dip

BNB is making a strong comeback as bullish momentum picks up following a recent dip, sparking renewed optimism among traders. After facing significant selling pressure, the price found solid support at the $500 mark, allowing buyers to step in and drive a sharp rebound. This renewed strength suggests that BNB could be gearing up for a larger recovery, with key resistance levels now coming into play. Market sentiment appears to be shifting in favor of the bulls, but challenges remain. The price must overcome crucial resistance zones to confirm a…

Robinhood (HOOD) Crypto Trading Fell 29% as February Price Slide Distanced Retail Investors

Robinhood’s (HOOD) crypto trading volumes took a steep hit in February, tumbling 29% from the previous month in a retail-trader-led decline that might carry a message for other platforms including Coinbase (COIN). The month-over-month drop to $14.4 billion outpaced declines in equities and options trading, which each fell 1%. Even so, the figure was more than double the year-earlier level, the company said in a press release. The figure shows how trading dropped off as the cryptocurrency market slid. Bitcoin (BTC) lost about 15% of its value last month and…