#BITCOIN News

Crypto Biz: Mastercard opens network to USDC, OKX departs Canada, Bitcoin climbs
cointelegraph.com Take, for example, the recent issues that Circle-issued USD Coin (USDC) faced when it depegged from the U.S. dollar following Silicon Valley Bank’s collapse. Two weeks…

Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K
cointelegraph.com price recovered the $28,000 support after a brief correction below $27,000. The movement closely tracked the traditional financial sector, particularly the tech-heavy Nasdaq…

President of El Salvador readies bill to remove taxes on AI and tech innovations
finbold.com Nayib Bukele, the President of El Salvador, announced plans to present a bill to the country’s Congress next week that would abolish all taxes on technology innovation,…

can witness a further price hike if these factors are checked
ambcrypto.com None After a short decline, BTC managed to reclaim the $28,000 status. • None Several market indicators and metrics looked bullish; BTC’s RSI was overbought. For a short…

Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains
cointelegraph.com The banking crisis could be the spark that will kick off the next crypto bull run, in which Bitcoin (BTC) is likely to outperform all other cryptos, according to Mike…

How the FBI caught the BreachForums admin
techcrunch.com How the FBI caught the BreachForums admin The Justice Department also said it conducted a "disruption operation" that caused BreachForums to go offline. On Friday, the U.S.…

Top Crypto Analyst Benjamin Cowen Maps Path Forward for Bitcoin (BTC)
dailyhodl.com Widely followed crypto strategist Benjamin Cowen is laying out the path forward for Bitcoin (BTC) after the Federal Reserve raised interest rates by 25 basis points. Cowen…

Binance Halts Spot Trading After Matching Engine Glitch
bitcoinist.com Binance, the world’s largest cryptocurrency exchange by trading volume, earlier today, on March 24, temporarily halted spot trading due to a matching engine glitch that…

Bitcoin vs. Hyperinflation
beincrypto.com Over the past 50 years, the cost of living has skyrocketed, raising concerns about whether our current economic trajectory leads to hyperinflation. As prices continue to…
CFTC Positions in the week to March 21st
financialjuice.com Japanese yen net short position is -66,345 contracts in week Euro net long position is 144,842 contracts British pound net short position is -20,498 contracts Swiss franc…

Improving Bitcoin NFT marketplace infrastructure sets the stage for ecosystem growth
cointelegraph.com Bitcoin NFT inscription activity has remained strong with consistency in the daily number of NFTs inscribed on Bitcoin. At the same time, the infrastructure to foster…

Bitcoin Coinbase Premium Continues To Decline, Buying Pressure Ending?
newsbtc.com Data shows the Bitcoin Coinbase Premium has declined recently, suggesting that the buying pressure may be slowing down from the US investors. Bitcoin Coinbase Premium Index…

Why Litecoin Is Gearing Up For Its Greatest Rally Since 2017
newsbtc.com Litecoin price is up 10% this week, and more than 40% since its big brother Bitcoin began soaring amid the banking crisis. This could be barely a glimmer of what’s to come,…

Why Is Ethereum Paramount For NFTs?
thecryptobasic.com Non-fungible tokens were launched on the crypto market in 2017 by introducing Cryptokitties and Cryptopunks that have immediately caught the public’s attention. Since their…

Magic?
coindesk.com Where is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs. Where is Web3 headed? Take a look to the future with this pioneering…

US Agencies Keep ‘Protecting Investors’
blockworks.co The SEC is back on Coinbase’s case and posturing to sue, sending the top US crypto exchange’s stock tumbling up to 20% this week. It’s the third time Coinbase shares have…

Banking crisis fuels Bitcoin to surpass Visa and JPMorgan in market capitalization
finbold.com Bitcoin’s (BTC) recent surge in buying pressure has attracted a significant inflow of capital amidst the chaos in the banking system, giving the asset an upward momentum and…

Latest in Crypto Hiring: New CEOs for Bit Digital, Alluvial
blockworks.co Alluvial revealed a swathe of leadership changes, including the appointment of a new CEO. Mara Schmiedt, formerly the software company’s chief growth officer, is now the…

BTC price centers on $28K as Deutsche Bank shares follow Credit Suisse
cointelegraph.com diced with $28,000 at the March 24 Wall Street open as fresh banking woes failed to provide a further boost to crypto. Data from Cointelegraph Markets Pro and TradingView…

This Week in Crypto News: Balaji’s $1M Bitcoin Bet, Big Brother CBDCs, and India Conquers Crypto
beincrypto.com Crypto news: We bring you a roundup of what’s been happening in crypto this week. And we lead with the most outrageous forecast we’ve seen in recent years. Balaji Srinsavan,…

Here's the week's top metaverse and NFT news
fortune.com Welcome to This Week in the Metaverse, where Fortune rounds up the most interesting news pertaining to NFTs, culture, and virtual worlds. Email…

Weekly Market Wrap: Bitcoin hovers around US$28,000 as banking concerns return. Will it hit US$30,000?
forkast.news Bitcoin, the world’s largest cryptocurrency by market capitalization, rose 4.82% in the week from March 17 to March 24 to trade at US$27,926 at 9:30 p.m. on Friday in Hong…

Michael Saylor: Bitcoin Pumps a "Come to Jesus" Moment for Skeptics
coinfomania.com Bitcoin’s price rally over the past few weeks has once again proved its position as a hedge against economic conditions. On Tuesday, the famous YouTuber Scott Melker hosted…

Quant Explains How Bitcoin ‘ESR’ Can Act As Leading Indicator For Price
newsbtc.com A quant has explained using on-chain data how the Bitcoin Exchange Stablecoins Ratio (ESR) may act as a leading indicator for the price. Bitcoin ESR Has Shown Divergence…

Fed balance sheet adds $393B in two weeks
cointelegraph.com As of March 22, the Fed's balance sheet surged by nearly $94.5 billion — a $297 billion increase from the last week when the banking crisis started. Overall, the U.S.…

Greenpeace's New 'Skull of Satoshi' Artwork Hits Meme Status Among Bitcoin Fans
decrypt.co As Greenpeace USA took to Twitter to proclaim the leading cryptocurrency’s “ravenous consumption of fossil fuels" and unveil a unique new artwork, die-hard Bitcoin…

Bitcoin cannot be stopped
cryptoslate.com The founder of crypto-friendly Custodia Bank, Caitlin Long, said regulators would “be playing Whack-a-Mole” with problems if they continued to suppress Bitcoin (BTC). War on…

2,400 Bitcoin Dormant For 7 Years Just Moved On-Chain
thecryptobasic.com The fund movement coincides with Bitcoin’s bullish situation as it looks to establish a firm position above $28,000. Bitcoin (BTC) is witnessing the reawakening of old BTC,…

Bitcoin Drops After Binance Pauses Spot Trading, Deposits And Withdrawals
forbes.com Binance, an online exchange for cryptocurrencies, halted spot trading, deposits and withdrawals Friday morning after the company found an “issue” on a spot order, sending…

Crypto giant Binance temporarily suspends withdrawals and spot trading
techcrunch.com Updated at 7.02 Pacific Time on March 24: Binance said it has completed the maintenance and resumed deposits, withdrawals and spot trading functionalities. Our original…

Coinbase stock falls again, what happens next for struggling exchange?
coinjournal.net Key Takeaways Coinbase was issued with a Wells notice this week and now awaits formal charges from the SEC Regulators continue to move in on US crypto companies, hurting…

Bitcoin Will Be Stronger Despite Attacks From the US, Says HRF’s Executive
newsbtc.com Alex Gladstein, the Chief Strategy Officer (CSO) of the Human Rights Foundation (HRF), believes Bitcoin will emerge stronger than ever despite “attacks” from the United…

Bitcoin Mempool Limit Nears Two-Year High on the Back of Ordinals Inscriptions Rejuvenation
beincrypto.com The Bitcoin Ordinals craze is bringing added stress to the mempool. The number of transactions in the waiting room is nearing a two-year high. The NFT rage appears to be…

How Montana stands to benefit if its pro-crypto mining bill is approved
cointelegraph.com The Montana Senate recently passed a bill designed to protect crypto miners operating within the state. The proposed law, which is currently making its way through the…

Is Nvidia's valuation justified? One bullish fund manager gives two reasons to own the stock
cnbc.com Shares of Nvidia have rocketed by over 100% in the last six months. That has led some investors to question its extraordinary valuation on many measures during heightened…

Peter Schiff admits Bitcoin buyers are right about inflation but not about crypto
finbold.com Despite disagreeing on their stance about Bitcoin (BTC), long-time BTC skeptic and CEO of Euro Pacific Asset Management, Peter Schiff, has acknowledged that Bitcoin holders…

The Countdown Begins: One Year to Go Before the Next Bitcoin Halving
beincrypto.com With just one year left before the much-anticipated Bitcoin halving event, experts and investors in the crypto industry are closely monitoring its potential impact on the…

3 Reasons To Remain Bullish On Bitcoin In Coming Months
newsbtc.com The Bitcoin price is currently consolidating below the key resistance zone at $28,300. Both from a historical perspective and based on current macro events, there are good…

Daily wMarket Update: Bitcoin bulls successfully defend $27,800
cryptoslate.com The cryptocurrency market cap saw net inflows of $9.8 billion over the last 24 hours and currently stands at $1.17 trillion — up 0.8% from $1.16 trillion. During the…

May Hit $1 Million, BitBoy Says, Here's When
u.today Notorious crypto YouTuber BitBoy says that Bitcoin may hit $1 million, but certainly not within 90 days, as suggested recently In a recently published tweet, famous crypto…

Why Two of the Most Renowned Crypto Analysts Are Still Bearish on Bitcoin (BTC) Price
beincrypto.com These two renowned crypto traders have been vocal about their bearish outlook for the Bitcoin (BTC) price and the rest of the crypto market. Both provide different reasoning…

Bitcoin-Friendly El Salvador Wants To Waive Taxes For Tech Innovation
bitcoinist.com El Salvador wants to waive taxes to spur technology innovations after becoming the first country in the world to make Bitcoin legal tender two years ago. Spurring Technology…

Resistance at roughly $28.6k could last a while as long-term holders take profits
cryptoslate.com Quick Take Long-term holders are defined as holding Bitcoin for six months or longer. This cohort is spending at a profit for the first time since May 2022. The spending…

Gensler continues to crack the whip on crypto
cryptodaily.co.uk SEC Chairman Gensler is urging investor caution when dealing with crypto asset ‘securities’. No mention of what to do if your bank fails is given. Fresh on the heels of…

Nayib Bukele to Make El Salvador New Crypto Hub, Binance CEO Joins
u.today Nayib Bukele wants to make El Salvador new home for crypto and IT start-ups El Salvador's President Nayib Bukele announced plans to introduce a bill to the nation's congress…

Bitcoin breaks past $27,800; Can it go toward $40,000?
finbold.com continues its slightly choppy rally after breaking past $27,800 in the face of many other assets on the cryptocurrency market currently stagnating, some cryptocurrency…

Greenpeace launch campaign to convert Bitcoin to proof of stake
theconversation.com Fewer and fewer people are using bitcoin for digital payments. Nevertheless, bitcoin transactions are consuming more energy than ever before – the same amount as the whole…

Bitcoin, Ether, Forkast 500 NFT index rise; gold nears year-high over banking sector concerns
forkast.news Bitcoin and Ether rose during Asian trading hours on Friday, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Litecoin posting…

Bitcoin’s Weekly Spot Volumes Registers New ATH
watcher.guru the original cryptocurrency, is seeing a surge in its spot and derivative volumes. In fact, last week we saw the biggest spot volume for BTC in its history. The development…

Famous Crypto Hater Peter Schiff May Buy Thousands of Bitcoin (BTC) for This Specific Reason
u.today Renowned financial expert and ardent cryptocurrency hater Peter Schiff made a surprise bow to the crypto community and Bitcoin investors in particular, stating that they are…

and Stacks (STX) Fall Behind as TMS Network (TMSN) Gains Significant 700% Increase and Growth in Crypto Market News
thecryptobasic.com The crypto market has seen a new dawn with the recent surge in price since 2023 started. However, despite the bullish sentiments and growing developments, Aptos (APT) and…

Crypto Market Bounces Back despite Fed Rate Hike and SEC Warnings
coinspeaker.com Coinspeaker Crypto Market Bounces Back despite Fed Rate Hike and SEC Warnings It seems that the crypto market has finally decided to look past the traditional market and…

Woman Loses Money To Crypto Scam Via Match Making Site In Mumbai
bitcoinist.com Crypto fraud has become an issue in the last few years, causing pain and losses for the victims. A 60-year-old woman in Mumbai, India, was duped of $29,243 by a fraudster on…

Bitcoin Liquidity Crisis Gets Worse, What It Means For Price
newsbtc.com Conor Ryder, researcher at digital asset data provider Kaiko, has examined the liquidity of the Bitcoin and crypto markets in a new study, finding that the liquidity…

El Salvador President to Eliminate all Income and Capital Gains Taxes on Technology innovations!
thenewscrypto.com The President would be submitting a measure to Congress next week. El Salvador is obviously focused on technological improvements as the rest of the globe contends with…

Ethereum Co-founder Joseph Lubin Reiterates ETH Is Not Security but Commodity like Oil
coinspeaker.com Coinspeaker Ethereum Co-founder Joseph Lubin Reiterates ETH Is Not Security but Commodity like Oil In the recent White House annual economic report to Congress, the Joe…

Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
yahoo.com Bitcoin’s mining difficulty level rose 7.56% on Friday, hitting an all-time high along with the network’s hashrate, showing miners are applying more computing power. The…

Bitcoin, Other Cryptos See $360 Million Sold Off In Single Day
bitcoinist.com and other cryptocurrencies sustained a considerable blow as the U.S. Federal Reserve’s decision to raise interest rates resulted in the liquidation of hundreds of millions…