Around 12% of Bitcoin addresses are now in unrealized losses, the highest level recorded since October 2024.Market liquidation surpassed $1.2 billion in the last 24 hours, triggering increased volatility and uncertainty among traders. Bitcoin price is under heavy pressure again after falling below $89,000, a level last seen in November. BTC is down 7.28% in...
Mow predicts Bitcoin could reach $1 million by 2025, citing institutional adoption, ETF approvals, and central bank accumulation as key catalysts.Short-term market suppressions may be holding BTC back, but long-term trends suggest continued growth as regulatory clarity and institutional interest increase. Following Samson Mow’s defense of Bitcoin’s potential for a 10x surge, CNF recently highlighted...
The enthusiasm behind a Bitcoin reserve bill is dying down with some Republicans voting against the move.Despite the immediate political setbacks, there is an expectation most governments will adopt the strategy in the future. The establishment of a Bitcoin reserve in the United States has come under severe attack amid divisions among Republican members. Proponents...
Bitcoin’s rally is driven by institutional ETF investments, not economic stimulus, and the broader bull market has not started.A true bull market may begin when the Federal Reserve signals monetary easing, making this a key accumulation phase. The cryptocurrency market saw a major Bitcoin price increase in 2023 through institutional investments rather than standard quantitative...
Short-term pain remains possible for Bitcoin, with a potential drop to the low $80,000s as macroeconomic pressures and security concerns weigh on the market.Despite the current downturn, analysts believe Bitcoin’s fundamentals—scarcity, institutional adoption, and regulatory clarity—could drive a strong long-term recovery. Standard Chartered’s bullish long-term forecast predicts a $500K Bitcoin price target by 2029, but...
OKX’s operator admitted to operating an unlicensed money transfer business in the US and agreed to pay $505 million in fines and forfeitures.Despite US legal issues, the exchange expands in Europe and Asia, leveraging a MiCA license and deepening financial integration in Singapore. OKX, one of the leading cryptocurrency exchanges, has just suffered one of...
Ethereum’s Pectra upgrade begins testing on Holesky testnet today, with Sepolia following on March 5, aiming for scalability and better validator incentives.Pectra increases Ethereum validator staking limits from 32 ETH to 2,048 ETH, attracting larger stakeholders and strengthening network security. Ethereum developers are rolling out a major network upgrade called Pectra, with initial testing started...
Montana’s House rejected Bill No. 429 to make Bitcoin a state reserve asset, with 41 votes in favor and 59 against.Many Republican lawmakers opposed the proposal, citing concerns over taxpayer funds and potential risks in adopting Bitcoin as a reserve asset. Montana is taking a different approach to Bitcoin as part of its financial strategy,...
DekaBank’s launch of institutional crypto services signals a growing acceptance of digital assets within traditional banking.Regulatory compliance, including BaFin and ECB oversight, strengthens investor confidence in DekaBank’s crypto expansion. Since 2021, Germany has allowed institutional funds to invest up to 20% of their holdings in crypto, marking a significant shift in the country’s financial regulations....
Crypto investment funds saw $508 million in outflows last week, marking a second consecutive week of losses, mainly driven by U.S. investors pulling back.Bitcoin led the decline with $571 million in outflows, while altcoins like XRP and Solana attracted fresh capital from investors. Crypto investment funds suffered last week, shedding $508 million in net outflows,...