Bitcoin ETFs log longest inflow run since October as institutional demand returns

Spot Bitcoin exchange-traded funds in the US have now logged their longest streak of inflows since October last year, extending to six consecutive days as Bitcoin climbed over 12% during the same period. Summary U.S. spot Bitcoin ETFs extend inflow streak to six days with $199.4 million added on Monday, led by BlackRock and Fidelity products. Total net inflows have reached $962.8 million since March 9 as Bitcoin has climbed from $65,960 to over $74,000 during the same period. Renewed institutional demand is being supported by Bitcoin’s safe-haven positioning. According…

Bitcoin price hits six-week high driven by short liquidations and ETF inflows

Bitcoin price briefly surged to a six-week high of $75,937 on Tuesday, as over $330 million in short positions were liquidated in the past 24 hours. Summary Bitcoin price briefly surged to a six-week high as over $330 million in short positions were liquidated across the crypto derivatives market. Technical indicators point to strengthening momentum, with a potential rounded bottom forming while traders watch resistance near the February highs. According to data from crypto.news, Bitcoin (BTC) price touched an intraday high of $75,937 on March 17, morning Asian time, as…

Why Billionaire Tim Draper Sees Bitcoin Hitting $250,000

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Tim Draper was one of the first VC investors to understand the value of #bitcoin and now he’s more convinced than ever that it’s heading to $250,000 in the next couple years. In this exclusive Coinage interview, the early Coinbase investor explains the next catalysts in crypto, why the U.S. dollar could eventually collapse, and how AI, quantum computing, and global regulation may accelerate the shift toward a Bitcoin economy. Draper shares his vision for a future where companies raise funds in…

South Korean Crypto Exchange Giant Bithumb Fined $24,800,000 Over Alleged Customer Verification Failures

South Korean financial regulators reportedly slapped the crypto exchange Bithumb with a 37 billion won ($24.8 million) fine over alleged customer verification lapses. South Korea’s Financial Intelligence Unit (FIU) accused the exchange of failing to verify the identity of its customers in 6.59 million different instances, as well as facilitating around 45,000 transactions with 18 unregistered exchanges overseas, the Seoul-based news agency Yonhap reports. The FIU will also impose a six-month partial business suspension in addition to the fine, and Lee Jae-won, Bithumb’s CEO, will reportedly receive an “official reprimand.”…

New Analyst Projections Suggest Rally To $136

Circle, the firm behind the widely-used stablecoin USDC, has seen its stock, trading under the ticker CRCL, rise above $123 for the first time since October of last year.  This surge was accompanied by a new upgrade from Clear Street, which upgraded Circle’s stock from a “Hold” to a “Buy” and raised its price target from $92 to $136 in a research note released on Monday. USDC Adoption Soars Amid Increased Demand Since the beginning of February, adoption of Circle’s USDC stablecoin has increased significantly, indicating a growing interest from…

Live Gold, Crypto Trading | 6 March | #goldtrading #cryptotrading #bitcoin – MANSI

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DeFi Education Fund Drops SEC Lawsuit as Crypto Stance Softens

Texas-based apparel company Beba and crypto lobby group DeFi Education Fund have withdrawn a 2024 lawsuit against the US Securities and Exchange Commission (SEC) over its approach to airdrops, citing a recent shift in the regulator’s approach to crypto. Beba launched a free token airdrop in March 2024 and, together with the DeFi Education Fund, filed a pre-enforcement challenge against the SEC that year. The lawsuit alleged the regulator had adopted its digital asset enforcement policy without a formal notice-and-comment rulemaking process, in violation of the Administrative Procedure Act. The…

Ex-LA Cop Gets 5 Years for Helping Crypto ‘Godfather’

A former Los Angeles County Sheriff’s Department deputy has been sentenced to more than five years in prison for helping Adam Iza, a jailed crypto founder dubbed “The Godfather,” extort victims. A California federal court handed Michael Coberg 63 months in prison and an order to pay $127,000 in restitution for helping Iza extort one of his rivals and arrange a drug possession arrest of another person, the Los Angeles US Attorney’s office said on Monday.  Coberg had pleaded guilty in September to conspiracy to commit extortion and conspiracy against…

Dogecoin Surges 6% As Whales Scoop Up 470 Million DOGE

On-chain data shows Dogecoin whales have gone on a buying spree over the last few days, scooping up 470 million tokens of the memecoin. Dogecoin Has Seen A Rally Back Above $0.10 The cryptocurrency sector has kicked off the new week with a surge and Dogecoin has been no exception as the memecoin has reclaimed the $0.10 level after climbing up by more than 5% over the last 24 hours. The below chart shows how the asset’s recent performance has looked. As is visible in the graph, Dogecoin made a…

ETH Is Dead… Here’s Why I’m Buying

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Everyone says Ethereum is dead. I’m buying. Here’s why. In this video, I break down the ETH/BTC chart and show you what most traders are missing. The current narrative around Ethereum is misleading, and the data tells a different story. 📊 TIMESTAMPS: 0:00 – Why everyone thinks ETH is dead 8:00 – The ETH/BTC chart breakdown 10:30 – My buying strategy 🔑 KEY POINTS: – Ethereum sentiment is at extreme lows – ETH/BTC ratio analysis – Why I’m accumulating at these levels…