Day: March 28, 2025

Bitcoin price drop to $72K possible due to ‘macro liquidity’ conditions — Analyst

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After a positive start to the week, Bitcoin price reverted to negative returns after BTC (BTC) dropped 3.5% to an intraday low of $84,120 on March 28. The price rejection occurred at the cusp of the descending trendline (black) and the upper range of the ascending channel pattern. Bitcoin 1-day chart. Source: Cointelegraph/TradingView On the daily chart, BTC is currently below the 200-day exponential moving average (EMA) again, and a potential close below the key indicator might trigger further downside.    Global liquidity expansion could help Bitcoin price Recent analysis…

Bitcoin Dips Below $85K as Hot PCE Data Sparks Inflation Fears

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The “core” personal consumption expenditures (PCE) price index makes it easier to capture underlying inflation trends by excluding food and energy, which tend to experience higher price volatility than other consumption categories. PCE Shock: Bitcoin Falls Under $85K as Inflation Worries Return Both traditional and crypto markets took a dive this morning as the U.S. […] Original

What is Driving the 150% Increase in Tutorial (TUT) Price?

Key Notes TUT jumped 150% after being listed on Binance through its “Vote to List” campaign. Bitget also announced Season 2 of its Early Hunter Airdrop, featuring TUT. TUT broke out of a consolidation pattern, forming a potential double-bottom reversal . Tutorial ($TUT), a meme coin on the BNB Chain, has become one of today’s top-performing altcoins, rising by a staggering 150%. The token jumped from $0.016 to an intraday high of $0.056 before retracing to around $0.037 at the time of writing. The parabolic rally was driven by mounting…

Markets Tumble as Fed’s Favorite Inflation Gauge Spikes; Bitcoin Slides, Stocks Dump

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The U.S. Federal Reserve’s preferred inflation measure elevated sharply in February, with the core personal consumption expenditures price index climbing 0.4%—the largest monthly spike since January 2024—while consumer spending growth fell short of expectations, the Commerce Department reported Friday. Fed’s Inflation Fight Faces Setback With Surging PCE Data The core PCE price index, which excludes […] Original

Coinbase’s Ethereum staking dominance risks overcentralization: Execs

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Coinbase’s emergence as the Ethereum network’s largest node operator raises concerns about network centralization that could worsen as institutional adoption accelerates, industry executives told Cointelegraph.  On March 19, Coinbase published a report disclosing that the US cryptocurrency exchange controlled more than 11% of staked Ether (ETH), more than any other Ethereum node operator.  According to Karan Sirdesai, CEO of Web3 startup Mira Network, Coinbase’s growing dominance highlights “a systemic issue in Ethereum’s staking architecture.” “We’re creating a system where a handful of major players control an outsized portion of network…

Nasdaq-listed Dominari Holdings implementing Bitcoin purchasing strategy

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Dominari Holdings has launched its “Dominari Bitcoin Treasury” strategy, allocating a portion of its cash reserves to Bitcoin (BTC). The company will invest part of its excess cash and earnings into BlackRock’s iShares Bitcoin Trust ETF, currently the world’s largest Bitcoin ETF. The company has already invested $2 million into this Bitcoin (BTC) initiative and plans to increase its holdings as cash reserves grow.​ The company has “plans to continue this practice as the Company’s cash reserves continue to grow.”   Traditional finance adding Bitcoin to their reserves Firms like MicroStrategy…

Elon Musk’s ‘government efficiency’ team turns its sights to SEC: Report

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The Department of Government Efficiency team — or DOGE, which is not an official US government department — led by Tesla CEO Elon Musk is reportedly moving into the Securities and Exchange Commission (SEC). According to a March 28 Reuters report, Musk’s DOGE team contacted the SEC and was told it would be given access to the commission’s systems and data. The agency reportedly planned to establish a liaison team to work with the “efficiency” team, whose intentions were not immediately clear. “Our intent will be to partner with the…

Popular Analyst Peter Brandt Identifies XRP Head & Shoulder Pattern, Reveals Path To Take

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. Popular analyst Peter Brandt has provided a bearish outlook for the XRP price, predicting that the altcoin could drop below the $2 support. As part of his analysis, he…

A Public Company Boasting Trump’s Sons on Advisory Board Is Buying BlackRock Bitcoin ETF (IBIT)

An investment firm with ties to U.S. President Donald Trump’s sons, Eric and Donald Trump Jr., is putting some of its excess cash into a spot bitcoin exchange-traded fund (ETF) — an unusual twist on the increasingly popular strategy of holding bitcoin as a corporate reserve. Dominari Holdings (DOMH), located in the Trump Tower in New York City, made headlines last month after the Trump brothers joined its 58-year-old board of advisors and became investors. In an earnings report on Friday, it announced that it would adopt a bitcoin reserve…