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New Crypto Market Structure Bill Draft Could Be Ready By Week’s End, Senator Scott Says
Senator Tim Scott discussed the impact of digital asset legislation and the progress on the highly anticipated crypto market structure bill on Tuesday, revealing that a fresh draft could be ready by the end of the week. Related Reading: PayPal Expands PYUSD Access To 68 New Countries Amid Stablecoin...
Bitcoinist
Thu, Mar 19
Many crypto firms are going bankrupt again – Should traders be worried?
The recent bankruptcy of crypto lender BlockFills is reviving painful memories for the crypto industry. A growing number of insolvencies in recent months increases the risk of a broader contagion across a market that is still recovering from the latest sharp correction.
Fxstreet
Thu, Mar 19
Is Bitcoin a safe haven or a risk asset? Investors weigh in
Bitcoin is not yet an asset with a settled identity. During geopolitical turbulence, gold was selected as a safe haven, while BTC showed behaviors both as a high-beta risk asset and as a hedge under specific conditions.
Cryptopolitan
Thu, Mar 19
Bitcoin Risks Drop To $52,000, Veteran Analyst Aksel Kibar Says
Bitcoin could be vulnerable to another sharp leg lower if a developing wedge pattern breaks down, according to market technician Aksel Kibar, whose latest chart work points to a possible move toward $52,500. The warning matters because Kibar is not framing this as a macro hot take or a sentiment cal...
NewsBTC
Thu, Mar 19
Bitcoin ETF Inflow Streak Expands To 7 Days After $199M Spike
Data shows the Bitcoin spot ETFs have seen seven consecutive days of inflows, a potential sign that demand momentum is returning in the market. Bitcoin Spot ETFs Have Just Seen A $199 Million Net Inflow Spike The spot exchange-traded funds (ETFs) refer to investment vehicles that allow for indirect ...
Bitcoinist
Thu, Mar 19
Bank of Japan delays rate hike: Is it good for markets?
On Thursday, the Bank of Japan decided not to raise interest rates, choosing to leave its monetary policy unchanged due to the war America and Israel started in the Middle East. Investors are always scared for the BOJ to hike interest rates, thanks to the fateful day of August 5, 2024. So them holding off […]
Cryptopolitan
Thu, Mar 19
XRP sees $1B institutional inflow as Evernorth targets Nasdaq debut
Evernorth plans a Nasdaq listing through a SPAC deal, with over $1 billion set to support XRP treasury growth and market activity.
Cryptopolitan
Thu, Mar 19
Spain, France arrest crypto thieves as wrench attacks escalate
Authorities in France have arrested five individuals connected to the kidnapping of the father of a Dubai-based crypto influencer. The Spanish police also recently detained two suspected kidnappers aged 32 and 45. As markets can’t decide between whether they want cryptocurrencies or not, causing prices to oscillate at levels beneath investors’ targets, criminals continue to […]
Cryptopolitan
Thu, Mar 19
Dogecoin Price Forecast: DOGE extends losses as market sentiments weakens
Dogecoin (DOGE) remains under intense selling pressure, extending losses for the third straight day. Retail sentiment suffers as the US Federal Reserve (Fed) delays interest rate cut, prompting a near-term sell-off in the crypto market and negatively impacting DOGE derivatives.
Dogecoin
Fxstreet
Thu, Mar 19
FTX to distribute $2.2B as creditors approach full compensation
FTX Recovery Trust will distribute $2.2 billion to creditors starting March 31 under its ongoing bankruptcy plan.
Cryptopolitan
Thu, Mar 19
Bitcoin Bear Market ‘Lines Up’ With 2022, Analyst Warns Of Next Stop At $45,000 And $35,000
The wider crypto market slid about 4% on Wednesday, pulling major tokens back to key support zones and putting renewed pressure on Bitcoin (BTC). By mid‑afternoon, BTC had retreated roughly 5% and was trading near $71,240, a pullback that has analysts re‑examining whether the current downturn is sim...
Bitcoinist
Thu, Mar 19
What signals would mark a full Bitcoin recovery?
A real recovery in Bitcoin is not about one good week, but you probably know that. The original crypto had hit an important low near $60,000 in early February, then climbed back and tested the $74,500 area this week, which has naturally put it near the level many traders are watching most closely:- $75,000. Bitcoin’s […]
Cryptopolitan
Thu, Mar 19
Bitcoin Drops Below $70,000 as Crypto Rally Fails to Materialize
TradingKey - The cryptocurrency market experienced a significant correction as Bitcoin dropped below the key $70,000 threshold intraday, triggering short-term stop-loss orders and causing market sentiment to cool rapidly. Crypto assets, which had previously shown strength, saw marked volatility amid rising macroeconomic uncertainty.
Bitcoin
TradingKey
Thu, Mar 19
SEC chair sets the record straight on why NFTs do not count as securities
SEC Chair Paul Atkins says NFTs act as collectibles, not securities.
Cryptopolitan
Thu, Mar 19
Analyst Says Bitcoin Price Is Showing Dangerous Weakness, Here’s Why
The Bitcoin price broke above $75,000 earlier this week, marking the highest level for the pioneer cryptocurrency for over one month. But while this move has led to an improvement in the overall investor sentiment, it could end up being a trap. This is called out by analyst TheOnePct, who explained ...
NewsBTC
Thu, Mar 19
Crypto ETF assets surge $12B amid Iran-US geopolitical tensions
Crypto-linked Exchange-Traded Funds (ETFs) gained back their bullish momentum while the digital assets market is still dealing with uncertainty.
Cryptopolitan
Thu, Mar 19
Congress Targets Crypto Prediction Markets With 4 Bills Banning War And Assassination Bets
Crypto prediction platform Polymarket and derivatives exchange Kalshi were closing in on $20 billion valuations when the US Congress decided it had seen enough. Related Reading: Crypto Power Move: Bitmine Ramps Up Ethereum Buys To 4.6M ETH A Bill Targeting Crypto And A Very Long Acronym Senator Chri...
Bitcoinist
Thu, Mar 19
Fed Chair Powell says he will stay until Trump’s fight is resolved
Chairman Jerome Powell put the political fight front and center by saying on Wednesday that he plans to remain at the Federal Reserve while the battle around the central bank plays out. The Fed kept its overnight lending rate unchanged at 3.5% to 3.75%, sticking with a wait-and-see stance as pressure builds from several directions […]
Cryptopolitan
Thu, Mar 19
Solana Eyes ‘Clear Path’ Towards $115 Amid SEC Guidance, SOL ETFs Demand
Amid strong institutional demand and regulatory clarity from US authorities, an analyst has suggested that Solana (SOL) could potentially rally above a crucial psychological barrier for the first time in a month. Related Reading: BNB Chain Momentum Grows As Total RWA Value Hits $3B Clear Skies Ahead...
NewsBTC
Thu, Mar 19
Pi Network Price Forecast: PI shows early signs of recovery amid new mainnet upgrade
Pi Network (PI) edges higher toward $0.1800 at press time on Thursday, as the mainnet upgrade to protocol 20 lays the foundation for smart contracts in the ecosystem. The technical outlook for PI remains bearish as the correction earlier this week reflects intense downside pressure.
Fxstreet
Thu, Mar 19
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