Day: March 11, 2025

Bitcoin Price Cracks $80K Support—Is a Deeper Correction Coming?

boss

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. Bitcoin price started a fresh decline from the $90,000 zone. BTC is back below $82,500 and might continue to move down below $78,000. Bitcoin started a fresh decline below…

Analyst Says Only Buy XRP If It Reaches This Level

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. XRP has been caught in the broader market downturn over the past week, shedding 19% of its value amid a wave of bearish sentiment. This downturn comes despite the…

Mt. Gox $931M Bitcoin transfer raises sell pressure concerns

boss

Mt. Gox, the defunct crypto exchange, has transferred 11,833.6 Bitcoin, worth approximately $931 million, to new addresses, sparking fears of potential sell-offs. According to on-chain data from Arkham Intelligence, the Bitcoin transfers, which took place on Mar. 11, saw 11,501.58 Bitcoin (BTC) (~$905 million) moved to an unidentified wallet, while 332 BTC (~$26.1 million) was transferred to a warm wallet. This follows a string of recent actions by Mt. Gox, such as the transfer of more than $1 billion in Bitcoin to a wallet with the name “1Mo1n” on Mar.…

Investors flee from risk assets as JPMorgan ups recession odds to 40%

boss

Crypto and tech stocks saw large selloffs on March 10 as fears of a US recession heightened despite efforts from the White House to temper concerns.  Economists at Wall Street investment bank JPMorgan have raised their recession risk this year to 40%, up from 30% at the beginning of 2025. “We see a material risk that the US falls into recession this year owing to extreme US policies,” wrote the analysts, according to The Wall Street Journal.  Analysts at Goldman Sachs economists also raised their 12-month recession probability to 20%, up…

Ark Invest’s Cathie Wood Calls Bitcoin a ‘New Bretton Woods’ Amid Global Currency Uncertainty

boss

Cathie Wood, CEO of ARK Invest, argues financial markets are underestimating the conclusion of a multiyear “rolling recession,” positing that fiscal reforms and technological innovation may spark a deflationary economic surge in late 2025. Cathie Wood Predicts Deflationary Boom Amid Rolling Recession’s Final Phase Cathie Wood highlighted the Federal Reserve Bank of Atlanta’s GDP indicator, […] Original

SEC looking to abandon effort requiring crypto firms to register as exchanges

boss

A proposed rule change pushing for some crypto firms to register as exchanges could be abandoned under a new directive from the acting chairman of the US Securities and Exchange Commission.  During a March 10 speech at the Washington Conference of the Institute of International Bankers, acting SEC Chairman Mark Uyeda said he had “asked SEC staff for options on abandoning” part of the proposed changes that would expand regulation of alternative trading systems (ATSs) to include crypto firms. “In light of the significant negative public comment received on the…

Crypto scam reporting needs to move ‘under one umbrella’ — Coinbase CSO

boss

The reporting of crypto scams in the United States is currently handled by a patchwork of agencies that should be streamlined to better protect consumers, says Coinbase chief security officer Philip Martin. “It’s a very fragmented ecosystem. Where do you report these things? Well, you go here, you go there, you go somewhere else,” Martin told Cointelegraph at the SXSW conference in Austin, Texas. “I’d love to see that addressed and really brought under one umbrella, and that then helps us get a better idea of the magnitude of the…

Why is Bitcoin price down 30% from its all time high?

boss

For seven weeks in a row, Bitcoin price has experienced several retracements, falling from its peak of $109,000 in January to a Mar. 11 low of around $77,000.  The drop has resulted in the loss of about 30% of Bitcoin’s (BTC) value and a significant decline of the broader cryptocurrency market. Over the past month, Ethereum (ETH) has fallen 29%, while Solana (SOL) and Dogecoin (DOGE) have had even more severe losses of 40% and 38%, respectively. According to a Mar. 11 report by market intelligence platform Santiment, Bitcoin’s slump…

Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound

boss

Bitcoin’s latest drop “looks, smells and feels 100% just like 2017,” a crypto executive says, citing rising liquidity, policy shifts and economic turmoil. Bitcoin’s 11th Major Correction in a Decade: Crypto Executive Says ‘Buckle Up’ Bill Barhydt, CEO of crypto firm Abra, dismissed concerns over bitcoin’s recent downturn, pointing out that such corrections have happened […] Original

Bitcoin’s Downtrend Continues, But Analyst Predicts $180K Target—Is It Possible?

boss

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. Bitcoin has continued its downward trend despite briefly surging to $94,000 last week, a move that had initially fueled investor optimism. Since hitting that level, the cryptocurrency has steadily…