Bitcoin News
By Steven Anderson
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Bitcoin broke through the $75,000 mark on Monday night. The asset has gained nearly 25% since its February lows, reigniting optimism in the crypto market.
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The world's largest cryptocurrency crossed this psychological threshold during US trading hours.
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Markets received a boost over the weekend.
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Signs of easing tensions around the Strait of Hormuz helped—it's one of the world's most important oil routes.
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Corporate demand for Bitcoin continues to rise sharply. Earlier on Monday, Michael Saylor's MicroStrategy announced the purchase of an additional 22,337 bitcoins for…
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Institutional interest is also growing internationally. Tokyo-listed investment firm Metaplanet recently secured around $255 million from global investors to accelerate its…
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Despite the rally, caution remains advised. Bitcoin has experienced several similar rebounds during the 2022 crypto downturn before eventually plummeting to cycle lows below…
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Jack Mallers, CEO of Strike, recently stated that the current market structure favors long-term accumulation.
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Glassnode analysts observed that Bitcoin trading volume has reached a three-month high, indicating a significant increase in investor activity.
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Brian Armstrong of Coinbase highlighted at a conference on March 16 that institutional adoption continues to play a crucial role in supporting Bitcoin prices.
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Despite the prevailing optimism, some experts like Nouriel Roubini remain skeptical. Roubini reiterated his concerns about Bitcoin's inherent volatility: "Significant price…
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eToro also reported a notable increase in Bitcoin-related transactions. Yoni Assia, CEO of eToro, said on March 15 that interest in Bitcoin among their users has reached its…
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Grayscale has strengthened its position on Bitcoin. On March 14, Grayscale announced the addition of 5,000 BTC to its flagship fund, the Grayscale Bitcoin Trust (GBTC), bringing…
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