Month: March 2025

US Bitcoin reserve prompts $370 million in ETF outflows: Farside

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Bitcoin exchange-traded funds (ETFs) saw nearly $370 million worth of net outflows on March 7 as investors reacted to President Donald Trump’s plan for a US strategic Bitcoin reserve, according to data from Farside Investors.  The outflows indicate institutional investors are wary of Bitcoin (BTC) exposure after Trump’s March 6 executive order — which created a national Bitcoin reserve but didn’t instruct the government to buy Bitcoin — disappointed traders.  “While [Trump’s executive order] acknowledges crypto’s role in global finance, the lack of fresh purchases disappointed markets,” Alvin Kan, chief…

Bitcoin Slides 5% After Trump Signs Strategic Reserve EO

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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 and other top altcoins like ADA and Ripple’s XRP surged in price minutes after US President Trump issued a statement on a crypto strategic reserve. After languishing below…

Trump Establishes Bitcoin Reserve, But Industry Participants Await Clear Action

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On Thursday, U.S. President Trump unveiled a newly formed strategic bitcoin reserve, funded through assets confiscated in criminal investigations. Industry insiders view this announcement as a pivotal moment, marking official acknowledgment of the premier decentralized cryptocurrency. Bitcoin Reserve Announced by Trump Propels Waves of Industry Discussion Trump’s bitcoin reserve declaration has captivated and astonished observers, […] Original

If This Happens, Bitcoin Price Will Shoot To $140,000, Says Analyst

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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. In a newly published chart, Elliott Wave specialist and crypto analyst Big Mike (@Michael_EWpro) outlines a precise roadmap for Bitcoin’s price action, indicating that a break above $95,000—or a…

Why Is Bitcoin Down? Strategic Reserve Fails to Rouse BTC Bulls as Jobs Data Looms

Shaurya Malwa Shaurya is the Co-Leader of the CryptoX tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap,…

OCC lays out crypto banking after Trump vows to end Operation Chokepoint 2.0

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The US Office of the Comptroller of the Currency (OCC) has eased its stance on how banks can engage with crypto just hours after US President Donald Trump vowed to shut down Operation Chokepoint 2.0 — the prolonged crackdown restricting crypto firms’ access to banking services. “Crypto-asset custody, certain stablecoin activities, and participation in independent node verification networks such as distributed ledger are permissible for national banks and federal savings associations,” the OCC said in a March 7 statement. OCC’s new guidance will “reduce the burden” on banks The OCC…

Bitcoin Price Watch: BTC Bears in Control as Moving Averages Signal Further Downside

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Bitcoin currently hovers near $86,668, boasting a $1.71 trillion valuation and $69.5 billion in daily transactional activity, fluctuating between $84,971 and $90,940. Technical patterns across varied intervals tilt decisively toward caution, painting a somber portrait for near-term prospects. Bitcoin Bitcoin‘s daily timeframe reveals persistent liquidation pressures after a swift retreat from the $106,000 pinnacle triggered […] Original

Bitcoin Price Crash Incoming? Why A Fall To $63,000 Is Possible If This Resistance Holds

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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. The recent Bitcoin price crash below $90,000 came as a shock to the broader crypto community, especially amid expectations of a continued bull market rally. Despite the volatility and…

OCC Says Banks Can Engage in Crypto Custody and Certain Stablecoin Activities

Federally regulated banks can engage in a range of cryptocurrency activities without prior approval, The Office of the Comptroller of the Currency (OCC) said, in a new interpretive letter and statement. In a new interpretive letter, the OCC clarified that national banks and federal savings associations can legally provide crypto custody, conduct certain stablecoin-related activities, and run nodes. “The OCC expects banks to have the same strong risk management controls in place to support novel bank activities as they do for traditional ones,” said Acting Comptroller of the Currency Rodney…

US will use stablecoins to ensure dollar hegemony — Scott Bessent

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United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated the Trump administration’s promise to end the war on crypto and committed to rolling back previous IRS guidance and punitive regulatory measures. Bessent then turned his attention to stablecoins and said: “We are going to put a lot of thought into the stablecoin regime, and as President Trump has directed, we are going to…