Day: March 25, 2025

Bitcoin Breaks Daily RSI Downtrend, But Analyst Warns Of Strong Resistance Ahead

boss

Ash is a dedicated crypto researcher and blockchain enthusiast with a passion for diving deep into the evolving world of decentralized technologies. With a background in writing and a natural curiosity for how digital assets are shaping the future, he has immersed himself in various sectors of the cryptocurrency space, including decentralized finance (DeFi), NFTs, and liquidity mining. His journey into crypto started with a desire to fully understand the technology behind it, leading him to explore and engage with these systems firsthand. Ash’s approach to DeFi goes beyond surface-level…

Now Is ‘Really Good Time’ to Buy Bitcoin, Says Trillion Dollar Investment Manager

In a conversation at the Exchange conference in Las Vegas, which has brought together about 2,000 investment advisors and asset managers, Dominic Rizzo, global technology portfolio manager at R. Rowe Price—the firm that handles over $1 trillion in assets—said that now is a good time to have exposure to bitcoin. He likened the price of bitcoin to a commodity and how investors should think about investing in it. “Bitcoin itself has traded very close to its average cost of mine. So if you think about it like a traditional commodity,…

The Great Unplugging: Bitcoin ATMs Face Steepest Drop Since December 2024

boss

Data from coinatmradar.com reveals a net decline of 971 bitcoin automated teller machines (ATMs) globally in March, punctuated by a fleeting resurgence of 188 installations in the month’s final week. 2025’s First Reduction: 971 Bitcoin ATMs Vanish The once-expansive proliferation of crypto ATMs has plateaued in recent years, with 2022 marking the first annual contraction […] Original

$11,500,000,000,000 BlackRock Launches Bitcoin (BTC) Exchange-Traded Product in Europe: Report

boss

BlackRock, the world’s largest asset manager, launched its first European Bitcoin (BTC) exchange-traded product (ETP) on Tuesday. According to a Bloomberg report, the iShares Bitcoin ETP (iB1T) began trading on Euronext Paris, Euronext Amsterdam, and Germany’s Xetra exchange, offering institutional and retail investors regulated exposure to Bitcoin’s price performance. The product is physically backed by Bitcoin and secured through Coinbase Custody International Ltd., according to the report. Manuela Sperandeo, BlackRock’s head of Europe & Middle East iShares Product, characterized the launch as a significant industry milestone. “It reflects what really…

Dogecoin Is ‘All Going To Plan,’ Says Crypto Analyst

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. Crypto analyst Kevin has provided an update on Dogecoin’s price structure, highlighting how multiple technical elements have converged to support his thesis that the meme coin remains on track…

FDIC moves to eradicate ‘reputational risk’ category from bank exams

boss

The US Federal Deposit Insurance Corporation, an independent agency of the federal government, is reportedly moving to stop using the “reputational risk” category as a way to supervise banks. According to a letter sent by the agency’s acting chairman, Travis Hill, to Rep. Dan Meuser on March 24, banking regulators should not use “reputational risk” to scrutinize firms. “While a bank’s reputation is critically important, most activities that could threaten a bank’s reputation do so through traditional risk channels (e.g., credit risk, market risk, etc.) that supervisors already focus on,”…

Bitcoin price has 75% chance of hitting new highs in 2025 — Analyst

boss

Bitcoin network economist Timothy Peterson maintains his optimistic outlook for BTC (BTC), suggesting that there is a 75% chance that the asset will hit new highs in the next nine months. In a March 25 X post, Peterson highlighted BTC’s current position near the lower bound of its historical range. The analyst emphasized that Bitcoin’s current path aligns with the bottom 25% threshold, giving it majority odds for a positive rally. Bitcoin 10-year seasonality chart. Source: X.com Peterson said,  “Here is a 50% chance it will gain 50%+ in the…

GameStop hints at future Bitcoin purchases following board approval

boss

GameStop Corporation (GME), the video game retailer turned memecoin stock, is reportedly moving to invest in Bitcoin after its board unanimously approved a plan to acquire digital assets.  According to a March 25 CNBC report, the company announced that it would use a portion of its corporate cash or future debt issuances to invest in Bitcoin (BTC) and US-dollar-pegged stablecoins.  The plan was further corroborated by the company’s fourth-quarter earnings report, which was released on March 25 and showed intent to acquire Bitcoin and stablecoins.  “[T]he Company’s investment policy permits…

Coin Metrics Reveals Bitcoin’s Global Energy Hunt and Hidden Supply Chain Perils

boss

Coin Metrics’ latest State of the Network report reveals bitcoin miners are balancing stabilized revenues and persistent fee pressures post-halving through hardware upgrades and renewable energy adoption, amid geopolitical supply chain risks. China Tariffs, Texas Renewables, and AI: Inside Bitcoin Mining’s 2025 Transformation Coin Metrics’ Q1 2025 State of the Network report highlights stabilized bitcoin […] Original