Bitcoin is currently trading in a key consolidation zone, referred to as a no-trade zone, between $65,636 and $70,685. This range has seen heavy activity, with over 1.72 million BTC exchanged. It makes it a strong area of both support and resistance. Also, the buyers and sellers are creating uncertainty
Anthony Scaramucci has emphasized that macroeconomic factors, including possible interest rate cuts, will play a major role in triggering the next phase of the rally. He further added that easy monetary policies will result in an increase in liquidity, which will have a positive impact on the performance of cryptocurrencies.
Michael Saylor has hinted at another Bitcoin purchase by his Bitcoin-holding company Strategy, signaling continued accumulation despite recent market weakness that has pushed the company’s holdings into unrealized losses. On March 22, Michael Saylor posted “The Orange March Continues” on X, accompanied by an updated accumulation chart highlighting Strategy’s aggressive
Ondo Finance has added over sixty new stocks and exchange-traded funds to its tokenized securities platform. New listings include BlackRock’s iShares Bitcoin Trust and Galaxy Digital’s stock. These are among the prominent financial assets. The company now supports over 250 tokenized assets across various blockchains, including Ethereum and Solana. The
Coinbase Asset Management has joined hands with Apex Group to develop a tokenized Bitcoin Yield Fund on Base. Coinbase developed a fund to build investment products that are based on blockchain technology for institutional and accredited investors across the world. The fund is developed on the ERC-3643 token standard. This
Bitcoin came below renewed selling pressure after Federal Reserve Chairman Jerome Powell signaled a cautious stance on future price cuts, triggering a broader market pullback. The important cryptocurrency dropped more than 5% in 24 hours, taking from weekly highs above $74,000 as macroeconomic troubles weighed on investor sentiment. Fed Signals
Morgan Stanley, a global financial service provider, has proposed an amended Bitcoin ETF filing with the U.S. Securities and Exchange Commission. As per the newly updated S-1 filing on March 18, the company has accepted the ticker MSBT on NYSE Arca. Adding more, the filing highlights that the trust will
The Algorand Foundation, which manages the development and expansion of the Algorand blockchain, has decreased its staff size by 25% as it adapts to a challenging macroeconomic and crypto market situation. On March 18, the official Alogrand foundation X account mentioned. “This decision was not taken lightly” because of the
The prolonged geopolitical tensions impact the Bitcoin price, which causes short-term volatility and sharp corrections due to increased risk aversion. It may be followed by rapid recoveries or surges if investors perceive it as a hedge against economic instability. Significantly, an early BTC holder has continued offloading a notable portion
Today, Maestro launched its first live program with Sazmining, a top provider of Mining-as-a-Service powered entirely by renewable energy, and went live with Mezzamine, the Bitcoin-native credit market for the mining economy. Backed by hashrate and provided by mining incentives, the facility enables institutional Bitcoin investors to deploy idle BTC
