Author: btcadmin
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ECB Targets October to Finish Digital Euro Preparation Phase
European Central Bank President Christine Largarde has said the ECB is looking to finish the preparation phase of the digital euro by October 2025. Though, lawmakers recently raised doubts on whether a digital euro can take flight according to a Reuters report on Monday. Lawmakers are hesitant to trust the ECB with the running of…
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Deja Vu Grips Crypto Market as BTC Mirrors Price Action Seen After U.S. Bitcoin ETF Launch: Van Straten
Since President Trump was inaugurated on Jan. 20, bitcoin (BTC) has dropped from $109,000 to $80,000, making it a classic “sell the news” event. The correction has continued since the digital assets summit on Friday. While the price action may dictate short-term bearishness, bitcoin bulls could view it as a long-term positive catalyst, as the…
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Singapore Exchange Plans to Launch Bitcoin Perpetual Futures in 2025
Singapore Exchange Ltd. (SGX) is set to introduce bitcoin (BTC) perpetual futures in the second half of 2025, marking a significant step for the traditional exchange into the crypto derivatives market, the exchange said. These contracts, designed for institutional clients and professional investors, will not be accessible to retail traders. Bloomberg first reported on SGX’s…
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Utah Senate Passes Bitcoin Bill, Removes BTC Reserve Clause
The Senate of Utah, seen by some observers as being the frontrunner to establish a bitcoin reserve, passed a Bitcoin bill that excluded provision for the state treasurer to invest in the largest cryptocurrency. Instead it provides the state’s residents with basic custody protections and establishes the right to mine bitcoin (BTC), operate nodes and…
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Stablecoin Market Cap Tops $200B as U.S. Sees Industry Helping Maintain Dollar Dominance
The combined market capitalization of the five biggest stablecoins passed $200 billion for the first time after Treasury Secretary Scott Bessent pledged on Friday to use the digital assets to help maintain the greenback as the world’s reserve currency. The market cap of the coins, whose value is pegged to a real-world equivalent such as…
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Bitcoin Traders Now Target $70K as Japan Bond Yields Surges to 17-Year Highs
Crypto bulls may need to brace for some turbulence as Japan’s 20-year government bond yield surged to its highest level since 2008 in a move that has historically led to aversion from risk assets such as bitcoin (BTC). The Japanese Government Bond (JGB) yield climbed to 2.265% last week, a level not seen since the…
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Should Crypto Traders Ignore Eric Trump? Data Suggests His Views Aren’t for Short-Term Speculators
If you have followed traditional markets, you might have heard the phrase, “Don’t fight the Fed.” It’s been a long guiding principle in conventional markets, suggesting that traders should align their strategies with the Federal Reserve’s policy, as the central bank’s actions significantly influence the direction of asset markets. Recently, a variation of that mantra…
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Ether’s 20% Plunge Shatters Bull Market Trendline Created After 2022 Terra Crash
Prices of ether (ETH), the native token of Ethereum’s blockchain, fell almost 20% in the seven days to March 9, registering their biggest weekly percentage slide since November 2022, according to data source TradingView. The sell-off has penetrated a bullish trendline that starts with the low registered after the June 2022 crash of Terra’s algorithmic…
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Lutnick Plays Down Recession Fears as BTC Lingers in 80K Range
Treasury Secretary Howard Lutnick insists the U.S. economy is on solid footing despite concerns from Wall Street that a recession is in the cards. “Absolutely not,” he said on a Sunday edition of Meet the Press when asked if Americans should prepare for a downturn. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto…
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Sunday Blues for Bitcoin as It Tumbles Back to $80K
lt’s yet another Sunday selloff in crypto, with bitcoin (BTC) looking set to retest its 2025 low of just about $78,000. At just past 7:00 pm ET, bitcoin had slumped to exactly $80,000, down 7% over the past 24 hours. The world’s largest crypto did manage the most modest of bounces from there, trading at…