Network economist Timothy Peterson warns that if the US Federal Reserve holds off on rate cuts in 2025, it may cause a broader market downturn, potentially dragging Bitcoin back toward $70,000.“What it needs is a trigger. I think that trigger may be as simple as the Fed not cutting rates at all this
Top Stories of The WeekDonald Trump signs executive order for Strategic Bitcoin ReserveUS President Donald Trump has signed an executive order that creates a Strategic Bitcoin Reserve and a Digital Asset Stockpile, both of which will initially use cryptocurrency forfeited in government criminal case
Tony Severino, a prominent crypto analyst, has shared a new Bitcoin price forecast, suggesting that the pioneer cryptocurrency is on the verge of another major correction. The analyst suggested that the formation of a Lower Time Frame (LTF) Head and Shoulders pattern on the Bitcoin price chart is a
El Salvador acquired 13 Bitcoin since March 1, despite International Monetary Fund (IMF) pressure on the country's public sector to stop accumulating the decentralized store of value asset.According to the El Salvador Bitcoin Office, the country's Bitcoin treasury holds a total of over 6,105 BTC, v
Ethereum has faced massive selling pressure and volatility over the past month as the entire crypto market trends downward, pushing ETH toward crucial demand levels. With uncertainty dominating the market, traders remain cautious as Ethereum struggles to reclaim lost ground.Analysts expect even more
Bulls do not seem ready yet to seize the initiative in the long-term, according to CoinStats.CoinStats">Cardano is one of the biggest losers today, going down by 6%.TradingView">On the hourly chart, the price of ADA is in the middle of the local channel, between the support of $0.7931 and the resis
Eduardo Taiano, Argentine Federal prosecutor, is investigating the $LIBRA scandal, focusing on President Javier Milei and other people associated with the token. During the scandal, around $110 million was accumulated. Authorities seek international assistance to track down the transactions and free
In his recent prison interview with Tucker Carlson, Sam Bankman Fried maintained his innocence and expressed confusion as to why he was convicted of fraud. He argued that FTX was a legitimate service, and although there was a crisis, the company was still solvent. Bankman spoke candidly about his pr
Solana has faced intense selling pressure and price swings, with the asset losing over 57% of its value since January 13. Bulls have struggled to regain momentum, and market sentiment suggests that the crypto market is not in a healthy condition for a strong recovery. As uncertainty continues, inves
Bitcoin is making an effort to stage a comeback after dipping to $85,211, but a lack of strong momentum is casting doubt on the recovery. While buyers are attempting to regain control, technical indicators suggest that bullish strength remains fragile, raising concerns about whether BTC can sustain
A massive 15,566,450 SHIB transaction has recently caught the attention of the Shiba Inu community. The uniqueness of the transaction is the destination wallet, which points to burning.According to Shibburn, 15,566,450 SHIB tokens were transferred to a dead wallet in a single transaction, removing t
PEPE has continued its downward trajectory, hitting a six-month low of $0.00000670. The meme coin’s sustained losses have significantly eroded investor confidence, leading even uncertain holders to pull back. The extended drawdown has created a challenging environment, with sentiment remaining overw
The Bitcoin community voiced mixed reactions to the March 7 White House Crypto Summit, with some investors characterizing it as a historic day for Bitcoin and cryptocurrencies, while others called the event underwhelming.Crypto trader Miles Deutscher said the event was a "massive net positive" for
Bitcoin ETFs (exchange-traded funds) recorded significant net outflows this week, with institutional investors pulling out nearly $800 million amid market uncertainties.Despite high expectations for the White House Crypto Summit, Bitcoin ETFs saw their fourth consecutive week of outflows, suggesting
Some US government agencies continue to deny transparency regarding their role in Operation Chokepoint 2.0, a period during the Biden administration when crypto and tech founders were allegedly denied banking services, according to Coinbase chief legal officer Paul Grewal.The collapse of crypto-frie
A $150 million theft targeting Ripple co-founder Chris Larsen has been traced back to a security lapse involving the password manager LastPass, according to a forfeiture complaint filed by U.S. law enforcement on March 6 flagged by blockchain sleuth ZachXBT.ZachXBT shared that the complaint detailed
The past 24 hours have offered a new doze of volatility for the cryptocurrency market, this time negatively affecting the bulls. Bitcoin (BTC), for instance, briefly plummeted below $85,500.The situation with the alternative coins is no better, with some of the leading ones charting more substantial
The US Office of the Comptroller of the Currency (OCC) has eased its stance on how banks can engage with crypto just hours after US President Donald Trump vowed to end the prolonged crackdown restricting crypto firms’ access to banking services.“Crypto-asset custody, certain stablecoin activities, a
Former FTX CEO Sam “SBF” Bankman-Fried has reportedly been sent to solitary confinement after taking part in an interview with right-wing political commentator Tucker Carlson, which was not approved by prison authorities.“This particular interview was not approved,” a representative for the US Burea
The US Office of the Comptroller of the Currency (OCC) has eased its stance on how banks can engage with crypto just hours after US President Donald Trump vowed to shut down Operation Chokepoint 2.0 — the prolonged crackdown restricting crypto firms’ access to banking services.“Crypto-asset custody,