Tag: Market

Trump’s WLFI tripled Ether holdings in a week amid market downturn

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The decentralized finance (DeFi) platform linked to US President Donald Trump significantly increased its Ether holdings over the past week as the cryptocurrency’s price briefly dipped below $2,000. Trump’s World Liberty Financial (WLFI) DeFi platform has tripled its Ether (ETH) holdings over the past seven days as ETH fell below the $2,000 psychological mark, reversing from $1,991 on March 4, Cointelegraph Markets Pro data shows. ETH/USD, 1-month chart. Source: Cointelegraph Data provided by Arkham Intelligence shows WLFI now holds about $10 million more in Ether than a week earlier. Its…

Mt. Gox wallet moves 12,000 Bitcoin amid market volatility

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The long-defunct Mt. Gox exchange has shifted a massive $1 billion worth of Bitcoin, marking its first major transaction in over a month. On Mar. 6, blockchain analytics firm Arkham Intelligence flagged the movement of 12,000 Bitcoin (BTC) from a Mt. Gox-linked wallet (1PuQB). The transaction, which cost just $1.64 in fees, distributed 166.5 BTC (~$15 million) to the exchange’s cold storage (1Jbez), while the remaining 11,834 BTC was sent to an unknown wallet (1Mo1n). Mt. Gox-affiliated wallets now hold around 36,080 BTC, valued at approximately $3.26 billion, according to…

Bitcoin Bull Market Could Extend To 2026—Here’s Why

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Este artículo también está disponible en español. Renowned macro analyst and Real Vision founder Raoul Pal has issued a forecast that the ongoing Bitcoin bull market may stretch into 2026—well beyond most conventional expectations of a peak in 2025. In a recent presentation, Pal walked through a range of macroeconomic indicators, historical price behaviors, and liquidity metrics that he says paint a compelling picture for an extended uptrend in digital assets. Bitcoin Bull Market Depends On M2 At the heart of Pal’s thesis lies the notion of Global M2 money…

Ethereum price ‘double top’ hints at 42% drop as ETH bull market ends

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On March 4, Ethereum’s native token, Ether (ETH), dropped to a new yearly low of $1,996, marking the altcoin’s lowest value since November 2023. In that 24-hour period, roughly $100 million in Ethereum positions were liquidated, with ETH futures open interest (OI) declining 10.31% across all exchanges. Ethereum 1-day chart. Source: Cointelegraph/TradingView Is Ether price at a generational entry or lost cause? The second largest cryptocurrency is drawing mixed opinions from the crypto industry. Ethereum’s Pectra upgrade was deployed on the Sepolia testnet on March 5, and Gabriel Halm, a…

Bitcoin Cash soars 30% to lead top coins amid market bounce

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Bitcoin Cash has traded higher in the past 24 hours, surging by more than 30% to lead top gainers among the largest coins by market capitalization. The price of Bitcoin Cash (BCH) rose to an intraday high of $391 during early trading during the U.S. session on March 5, 2025. It marked the altcoin’s highest level since early February, when its price dropped below $400. Notably, BCH price rose amid a breakout from a falling wedge pattern, in place as the altcoin continued its multi-year accumulation phase. Data from IntoTheBlock…

Market Optimism Helps Bitcoin Gain Momentum

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News of potential interest cuts and the expected unveiling of a national crypto strategic reserve at the upcoming White House Crypto Summit, all helped buoy the dominant cryptocurrency. Bitcoin Price Rises Amid Positive Market Sentiment Bearish traders suffered liquidations on their short positions as positive economic news gave bitcoin a modest 7% rally this morning. […] Original

Memecoin market crashes 56% since December peak amid fading hype

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The memecoin market has erased all of the gains that followed Donald Trump’s presidential victory in November 2024, having lost more than half of its value since December. According to CoinMarketCap data, the total market capitalization of memecoins stood at $54 billion on March 5, down 56% from $124 billion on Dec. 5, 2024. The memecoin market has gradually declined after peaking at a record-breaking market cap of $137 billion on Dec. 8, briefly rising and dropping amid memecoin launches by Trump and First Lady Melania Trump in January. Total…

Bitcoin rebounds to $88k amid market volatility

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The Bitcoin Volmex Implied Volatility 30-Day Index extended its four-day green streak, reflecting heightened price swings as President Donald Trump’s tariffs unsettled global markets. Bitcoin (BTC) rose 3% to $87,972, pushing the total crypto market capitalization back above $3 trillion. Altcoins posted modest recoveries, with XRP reclaiming its position over Tether (USDT) while Solana (SOL) and Cardano (ADA) slightly shrugged off the selloff. Publicly traded Bitcoin holders, including Coinbase and Strategy, also saw gains on March 4, rising 4% and 10%, respectively. However, it remains uncertain whether Bitcoin will surge…

Michael Saylor Envisions Market Cap Climbing To $200 Trillion

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Este artículo también está disponible en español. In a recent interview with CNBC, Michael Saylor, co-founder of Strategy, reiterated his bullish outlook on Bitcoin (BTC), predicting the cryptocurrency could reach a staggering $200 trillion market cap.  Saylor Forecasts $10 Million Per Bitcoin Currently valued at about $2 trillion, Saylor believes Bitcoin’s trajectory will see it grow to $20 trillion and eventually hit the $200 trillion mark, translating to an approximate price of $10 million per BTC based on its capped supply of 21 million coins. Saylor attributes this potential growth…

Bitcoin miners languish amid crypto market rout — JPMorgan

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Bitcoin (BTC) mining stocks are struggling as declining cryptocurrency prices add further pressure to business models strained by the Bitcoin network’s April halving, according to a JPMorgan research note shared with Cointelegraph.  Mining stocks tracked by JPMorgan collectively shed 22% in market capitalization in February as Bitcoin’s falling price eroded mining economics, the March 3 report said.  Mining stocks such as Riot Platforms (RIOT), Bitdeer (BTDR), Marathon Digital (MARA) and Core Scientific (CORZ) reported their fourth-quarter 2024 earnings in February. Virtually all of them saw post-earnings stock price declines, including…