Day: March 15, 2025

Bitcoin Breaches 12-Year Support Line Against Gold

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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. As Bitcoin (BTC) struggles amid the latest crypto market pullback – failing to decisively break past the $84,000 resistance – gold (XAU) continues its impressive rally, soaring to a…

Trade war puts Bitcoin’s status as safe-haven asset in doubt

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Several years back, many in the crypto community described Bitcoin as a “safe-haven” asset. Fewer are calling it that today. A safe-haven asset maintains or increases in value in times of economic stress. It can be a government bond, a currency like the US dollar, a commodity like gold, or even a blue-chip stock.  A spreading global tariff war set off by the United States, as well as troubling economic reports, have sent equity markets tumbling, and Bitcoin too — which wasn’t supposed to happen with a “risk off” asset. …

US Judge Grants Motion Expanding Three Arrows Capital’s Claim Against Bankrupt Exchange FTX to $1,530,000,000

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A US judge is granting a motion to greatly expand the claim of the failed crypto hedge fund Three Arrows Capital (3AC) against the defunct crypto exchange FTX. According to new court filings, a judge is granting an expansion to 3AC’s claim against FTX, bringing its total up to a staggering $1.53 billion from just $120 million. The document says that FTX, which went bankrupt in 2022 under the leadership of chief executive Sam Bankman-Fried, liquidated $1.53 billion worth of 3AC’s assets on the platform just two weeks before 3AC…

Will Ethereum rise soon? XYZVerse gains strong buying momentum despite market conditions

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Speculation grows around Ethereum’s potential surge while XYZVerse gains strong momentum despite market challenges. Speculation is swirling about Ethereum’s potential for a price surge in the near future. At the same time, XYZVerse is gaining remarkable traction, showing strong buying momentum despite challenging market conditions. This situation raises intriguing questions about what is driving XYZVerse’s success and how it might impact the landscape of digital currencies. XYZ aims for…

Ethereum Struggles Below $2K as Bitcoin Recovers—Will ETH Catch Up?

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The cryptocurrency market has witnessed diverging performances between its two largest assets, Bitcoin (BTC) and Ethereum (ETH). While Bitcoin has shown signs of recovery, gaining 3.8% over the past two weeks and reclaiming the $85,000 price level, Ethereum has struggled to keep up. ETH remains below the $2,000 mark, a level it fell below last week, currently trading just above $1,900. The disparity in performance between Bitcoin and Ethereum has drawn attention from analysts, particularly regarding Ethereum’s declining strength against Bitcoin in the derivatives market. Ethereum’s Decline Against Bitcoin: Key…

Bitcoin’s megaphone pattern, explained: How to trade it

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Key takeaways The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure. Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market instability. The formation signals heightened volatility, with price swings becoming more pronounced over time. Depending on the trend direction, the pattern can indicate potential breakouts either upward (bullish) or downward (bearish). The megaphone pattern, also known as a broadening formation, is a technical analysis chart pattern that traders observe in various financial markets, including cryptocurrencies like Bitcoin. …

Steak ‘n Shake Teases Bitcoin Payments Again

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On March 7, fast food chain Steak ‘n Shake posted a question on X asking, “Should Steak ‘n Shake accept bitcoin?” The post received a slew of responses from many well-known Bitcoin personalities including former Twitter CEO Jack Dorsey and Bitcoin Core contributor Luke Dashjr. Steak ‘n Shake recently aligned itself with the pro-crypto Trump […] Original

Bitcoin needs weekly close above $81K to avoid downside ahead of FOMC

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Bitcoin needs to close above the key $81,000 weekly level to avoid more downside volatility ahead of next week’s Federal Open Market Committee (FOMC) meeting, which will offer investors more cues on the Federal Reserve’s monetary policy for 2025. Bitcoin (BTC) price fell over 3% during the past week, to trade above $83,748 as of 9:33 a.m. in UTC, Cointelegraph Markets Pro data shows. Bitcoin price continues to risk significant downside volatility due to growing macroeconomic uncertainty around global trade tariffs,  according to Ryan Lee, chief analyst at Bitget Research.…

Is Bitcoin Price Headed For $70,000 Or $300,000? What The Charts Are Saying

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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. Bitcoin’s price trajectory has become a significant point of interest in light of the recent downtrend, which has disappointed many bullish traders. According to on-chain analytics platform IntoTheBlock, the…

New Canadian P.M. Carney Closes Gap on Polymarket with BTC-Friendly Poilievre

Newly elected Canadian Prime Minister Mark Carney, who recently won a leadership contest of the Liberal Party to replace Justin Trudeau, has dramatically increased his odds of winning the next federal election in the eyes of Polymarket bettors. (Polymarket) Carney now has a 49% chance of winning the next Canadian election, compared to 26% a month ago. Conservative opposition leader Pierre Poilievre’s chances are at 51%, down from 72% in February. (Polymarket) The next Canadian federal election is scheduled to occur on October 20, 2025. However, under Canada’s Westminster system,…