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Bitcoin ETFs experienced a net weekly outflow of $799 million, marking the fourth consecutive week of outflows. Ether ETFs also faced challenges, recording a net outflow of $120 million. Crypto ETFs Continue to Experience Significant Outflows In the week spanning Mar. 3 to Mar. 7, bitcoin and ether ETFs experienced significant net outflows, reflecting a … Read more
The price of bitcoin continues to tank, declining to a low of $79,170 per unit on Monday, March 10, 2025. The leading crypto asset is mirroring U.S. equities as recession anxieties ignite a widespread sell-off. Economic Jitters Drive Bitcoin Lower Bitcoin (BTC) has lost an additional 5.2% against the U.S. dollar on Monday following a … Read more
Strategy is seizing the market downturn, unveiling a $21 billion stock offering to buy the dip on bitcoin, reinforcing its aggressive treasury strategy despite volatility. Strategy Prepares to Buy the Bitcoin Dip Software intelligence firm Microstrategy (Nasdaq: MSTR), now operating as Strategy, announced on March 10 that it has launched a $21 billion at-the-market (ATM) … Read more
The cryptocurrency fell to a monthly low after markets were left unimpressed by Friday’s highly anticipated White House Crypto Summit. White House Crypto Summit Fails to Trigger Bitcoin Bull Run The Trump administration’s lackluster White House Crypto Summit was largely ceremonial in nature and appears to have contributed to a precipitous drop in the price … Read more
After the launch of his strategic bitcoin reserve, Schiff has received over $4,500 worth of BTC in donations. The gold bug and bitcoin critic stated that this exercise will show “why a bitcoin reserve is a bad idea.” Bitcoin Critic Peter Schiff Launches Strategic Bitcoin Reserve and Crypto Stockpile Initiatives Peter Schiff, the well-known gold … Read more
David Bailey, CEO of BTC Inc. and one of the attendees of the Trump Administration’s crypto summit, stated that there should be a path for paying for the proposed “gold card” with bitcoin. This would allow the country to add to its recently formed strategic Bitcoin reserve without using taxpayers’ funds. Bitcoin for a Gold … Read more
El Salvador’s President Nayib Bukele stated that the nation will not stop hoarding bitcoin after the infamous IMF deal, and the bitcoin office claims it is still purchasing bitcoin. However, statements made by IMF spokespersons indicate that these recent additions are consistent with the stipulations of the deal. So, what’s happening? IMF Hints at Asset … Read more
This week, the crypto community has been engaged in discussions regarding President Trump’s newly established Strategic Bitcoin Reserve alongside a U.S. Digital Asset Stockpile. The development follows Trump’s disclosure on Truth Social the weekend prior that XRP, SOL, and ADA would join the mix. The peculiar detail is that the U.S. government has not seized … Read more
The White House reported a $17 billion loss from early bitcoin sales. In response, Trump established a strategic bitcoin reserve with a “never sell” policy to strengthen U.S. BTC holdings. US Dumped 195,000 Bitcoin Too Soon—White House Says It Cost Taxpayers $17 Billion The White House has stated that past U.S. government bitcoin sales have … Read more
On March 9, 2025, bitcoin’s (BTC) price dipped to an intraday low of $80,000, a 6.6% drop against the greenback. At press time, 7:35 p.m. ET on Sunday, the price remains near the $80,500 level, carrying a market cap of roughly $1.59 trillion. Since Friday, BTC’s market valuation has been trimmed by roughly $200 billion, … Read more
