Finance News
By Pankaj K
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Bitcoin jumped past $73,000 today. The move marks the crypto's highest point in a month as traders scrambled to cover short positions while Middle East tensions kept global…
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The surge broke Bitcoin's brutal six-week losing streak that had many wondering if the crypto winter was back for good.
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Nicolai Søndergaard from Nansen thinks the next non-farm payrolls report will be crucial for Bitcoin's direction.
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U.S. spot Bitcoin ETFs pulled in roughly $1.45 billion over five trading days, with March 3rd alone seeing $225 million in fresh money.
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Glassnode data shows Bitcoin's relative strength index climbing to 41, while spot volumes jumped from $6.6 billion to $9.6 billion.
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President Trump threw another wrench into things by criticizing the GENIUS Act, which aims to regulate stablecoin activity.
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The Senate legislative fight has stalled progress despite White House attempts to broker peace between banking and crypto lobbies.
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MicroStrategy doubled down March 3rd by buying another 5,000 Bitcoin at an average $68,000 price.
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Binance reported daily Bitcoin volumes exceeding $10 billion over the past week as retail interest surged alongside the price rally.
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And Grayscale announced March 1st plans to convert its flagship Bitcoin Trust into a spot ETF pending regulatory approval.
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CFO Alesia Haas said March 2nd the firm remains "committed to supporting institutional navigation of the evolving crypto landscape." Bitcoin's market cap now sits around $1.
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Current price action suggests cautious optimism, but traders know things can change fast. Bitcoin hovers near $73,050 as markets digest mixed signals from geopolitics, monetary…
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The Federal Reserve's upcoming meeting on March 19-20 has crypto analysts parsing every economic indicator for clues about rate policy.
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Institutional custody services reported a 40% increase in new client onboarding during February, according to Coinbase Prime data.
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