Bitcoin is hovering close to $88,000, nearly 10% above its bull market low of $76,600. Crypto traders are less fearful now, sentiment has improved, relative to the past few weeks, according to the Fear & Greed Index. Traders are gearing up for the next bear market and to shield their crypto portfolio from the next Bitcoin flash crash. In this deep dive, you find a list of 10 cryptocurrencies that either enjoy a negative correlation with Bitcoin (BTC) or showed resilience to the recent crypto market crashes and yielded consistent…
Day: March 26, 2025
Crusoe Energy sells Bitcoin mining arm to NYDIG, turns focus to AI
United States-based Bitcoin miner Crusoe Energy is wrapping up its Bitcoin mining business as it plans to shift focus towards the artificial intelligence sector. According to a recent press release, Crusoe will sell 425 of its modular data centers— spanning sites across Colorado, North Dakota, Montana, Wyoming, New Mexico, Utah, Texas, and Argentina — with a combined 270 megawatts of power generation capacity, to the New York Digital Investment Group. The deal also includes its Digital Flare Mitigation business, and around 135 employees will transition to NYDIG. “Our innovative approach…
GameStop Board Unanimously Approves Bitcoin As Treasury Reserve Asset
In a significant move for the video game retail giant, GameStop announced on Tuesday that its board has unanimously approved a plan to use corporate cash reserves to invest in the crypto market’s largest cryptocurrency, Bitcoin (BTC). This decision mirrors a strategy made by the now Bitcoin proxy company Strategy (previously Microstrategy) by MicroStrategy, which has made headlines for its substantial Bitcoin acquisitions led by its co-founder Michael Saylor. With $4.8 Billion In Cash, GameStop Eyes Bitcoin Expansion Following the announcement, GameStop’s stock surged more than 6% in extended trading,…
BTCC Exchange Enhances VIP Program to Empower High-Volume Traders Worldwide
This content is provided by a sponsor. PRESS RELEASE. March 26, 2025 – BTCC, one of the world’s longest-serving cryptocurrency exchanges, is thrilled to announce a significant revamp of its VIP program, specifically designed to cater to high-volume traders among its 6.8 million users globally. This initiative highlights BTCC’s continued commitment to delivering an exceptional […] Source
Crypto Exchange MEXC Halts Market Manipulation Scheme
MEXC said it has liquidated a large-scale group of market manipulators engaged in various malicious activities, including self-trading, spoofing, and front-running. Presence of Institutional Actors Draws Concern Cryptocurrency exchange MEXC recently announced that it liquidated a large-scale, coordinated group of market manipulators engaged in self-trading, spoofing, layering, front-running, and quote stuffing. According to the exchange, […] Source
GameStop to accumulate Bitcoin as board approves treasury strategy
GameStop Corporation is making its move into crypto with plans to invest part of its multibillion-dollar cash reserve into Bitcoin and stablecoins. After a unanimous approval from its board of directors, GameStop confirmed it will allocate a portion of its corporate cash, and potentially future debt issuances, toward acquiring digital assets like Bitcoin, a March 25 CNBC report claimed. The strategy was outlined in GameStop’s fourth-quarter earnings report, which noted the company’s updated investment policy now permits holding certain cryptocurrency assets. The report explicitly named Bitcoin and stablecoins as part of…
Bitcoin Could See A 14% Price Jump If This Level Is Reclaimed
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 (BTC) climbed nearly 5% in the past week, reclaiming key support levels over the past three days. The recent bullish momentum has sent BTC toward the $88,000 mark,…
What Next For XRP, DOGE as Bitcoin Price Action Shows Bearish Double Top Formation
Bitcoin’s (BTC) recovery looks to have run out of steam with an emergence of a double top bearish reversal pattern on the short duration price charts. BTC peaked near $87,400 last week, with prices pulling back to around $84,000 on Friday and staging a recovery to above $87,000 before stalling again. This sequence of two prominent peaks at roughly the same level, separated by a trough, hints at a classic double top formation. This bearish pattern often signals the end of an uptrend. (CoinGecko) The double top pattern typically requires…
IMX surges 15% after Immutable says SEC ended probe
The token tied to the crypto gaming giant Immutable surged 15% in the hours after it announced that the US Securities and Exchange Commission closed its investigation into the firm and would take no further action. The Immutable (IMX) token rose around 15% on March 25 to reach just under $0.74 shortly after the firm announced that the SEC shut its inquiry without any breach of violations, which Immutable said closed “the loop on the Wells notice issued by the SEC last year.” IMX matched crypto market downtrend It is…
Bitcoin Holds Above $85K—But These 4 Metrics May Decide What Happens Next
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…