Month: March 2025

Bitcoin Stalls: Weak Momentum Puts $85,211 Recovery In Doubt

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Bitcoin is making an effort to stage a comeback after dipping to $85,211, but a lack of strong momentum is casting doubt on the recovery. While buyers are attempting to regain control, technical indicators suggest that bullish strength remains fragile, raising concerns about whether BTC can sustain its rebound or face another pullback. With key resistance levels ahead and market sentiment still uncertain, Bitcoin’s next move remains unpredictable. If buyers fail to build enough momentum, BTC could struggle to push higher, leaving it vulnerable to renewed selling pressure.  Bitcoin Tries…

Crypto KOLs Under the Spotlight: Arkham Intelligence Tracks Influencer Wallets

On Saturday, Arkham Intelligence introduced a newly curated label designed to monitor the wallets of key opinion leaders (KOLs) in the crypto space. To qualify for inclusion, an individual must command a social media following exceeding 100,000. Justin Sun Tops Arkham’s KOL Crypto List—Who Else Made the Cut? Arkham’s compilation reveals that KOLs collectively hold […] Source CryptoX Portal

David Sacks pushes back against idea of crypto transaction tax

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White House crypto and AI czar David Sacks rejected the idea of taxes on each cryptocurrency transaction as a method of filling the US strategic Bitcoin (BTC) reserve and the crypto stockpile with digital assets. During a recent appearance on the All In podcast, host Jason Calacanis proposed charging a 0.01% tax on every cryptocurrency transaction, which would be denominated in the asset that is transferred, bought, or sold. Sacks responded: “That’s always how taxes start. They are described as being very modest. You know, when the income tax started,…

Solana Consolidates In A Wide Range – Big Move On The Horizon?

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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. Solana has faced intense selling pressure and price swings, with the asset losing over 57% of its value since January 13. Bulls have struggled to regain momentum, and market sentiment…

Winklevoss’ Gemini taps Goldman Sachs, Citigroup for IPO

Gemini, the cryptocurrency exchange and custodian founded by billionaire twins Cameron and Tyler Winklevoss, has confidentially filed for an initial public offering (IPO), according to a Bloomberg report. The company is working with Goldman Sachs Group Inc. and Citigroup Inc. to explore the listing, which could take place as soon as this year. The move follows the resolution of regulatory issues, including the closure of a U.S. Securities and Exchange Commission investigation into the exchange, as noted by Cameron Winklevoss in a February post on X (formerly Twitter). Earlier this…

Bitcoin investors share mixed reactions to White House Crypto Summit

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The Bitcoin (BTC) community voiced mixed reactions to the March 7 White House Crypto Summit, with some investors characterizing it as a historic day for Bitcoin and cryptocurrencies, while others called the event underwhelming. Crypto trader Miles Deutscher said the event was a “massive net positive” for Bitcoin, despite the mixed reactions. Kyle Samani, the managing partner at Multicoin Capital and an attendee of the summit, characterized it as a “historic moment” for the cryptocurrency industry. Following the event, Coin Bureau founder and CEO Nic Puckrin asked, “Just looking at…

Ethereum Eyes Key Support at $2,350 — Price Surge To Follow?

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

NFT sales surge to $121m, CryptoPunks sales jump 500%

The NFT market has bounced back despite ongoing crypto weakness, with Bitcoin sliding to $86,000 and Ethereum dropping to $2,100. The global crypto market has continued its drop, with total market cap edging down to $2.83 trillion from last week’s $2.84 trillion. According to CryptoSlam data, NFT sales volume has grown to $121.5 million, marking a 15.27% increase from the previous week. However, market participation has contracted sharply, suggesting larger trades from fewer participants. The weekly metrics reveal contrasting trends: NFT sales volume rose to $121.5 million from $107.1 million…

Elliptic Data used by US Secret Service in Investigation into $96 Billion Russian Crypto Exchange Garantex

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Proprietary data and Intelligence from Elliptic allowed authorities to uncloak Garantex’s crypto activity and identify their wallets, enabling asset freezing. Washington, March 7, 2025 /PRNewswire/ — Elliptic, the global leader in blockchain analytics today announces its assistance to the United States Secret Service in their investigation into Garantex, the sanctioned Russian cryptocurrency exchange. Elliptic’s unique data and intelligence have provided vital insights that contributed to the takedown of Garantex and the freezing of assets, announced today. Garantex deployed sophisticated cloaking techniques to mask its cryptocurrency wallet infrastructure, and evade the…

Bitcoin Hashprice Tumbles as Miners Brace for Tougher March

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Bitcoin’s hashprice—the estimated earnings generated by operating 1 petahash per second (PH/s) of mining power—has dipped from $53.13 per petahash down to its current value of $49.81 over the past seven days. Meanwhile, Bitcoin’s total hashrate bounced back impressively from its Feb. 25 low, adding over 41 exahash per second (EH/s) to reach the present […] Original